Innoviva (INVA) Operating Expenses (2010 - 2026)

Innoviva (INVA) posted Operating Expenses of $37.7 million for Q1 2026, down 64.87% on a QoQ basis from $107.2 million in Q3 2025, and up 18.16% year-over-year from $31.9 million in Q1 2025.

Innoviva (INVA) Operating Expenses (2010 - 2026) Analysis & Trends

Innoviva's Operating Expenses history runs 17 years deep, the most recent figure standing at $37.7 million for Q1 2026.

  • Quarterly Operating Expenses rose 18.16% year-over-year to $37.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.3 million (up 14.55% YoY) and the FY2025 annual result came in at $143.9 million, up 11.27% from the prior year.
  • Operating Expenses was $37.7 million for Q1 2026 at Innoviva, down from $107.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $107.2 million in Q3 2025 and bottomed at -$219.2 million in Q3 2022.
  • A 5-year average of $37.4 million and a median of $37.7 million in 2026 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 1956.38% in 2022, while the deepest fall reached 109.53% in 2022.
  • Innoviva's Operating Expenses stood at -$219.2 million in 2022, then soared by 141.85% to $91.7 million in 2023, then increased by 2.86% to $94.4 million in 2024, then rose by 13.66% to $107.2 million in 2025, then plunged by 64.87% to $37.7 million in 2026.
  • Business Quant data shows INVA's Operating Expenses at $37.7 million in Q1 2026, $107.2 million in Q3 2025, and $34.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Innoviva 1.57 Bn 969.11 Mn 75.83 Mn 37.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.68 Mn
Sep 30, 2025 107.24 Mn
Jun 30, 2025 34.40 Mn
Mar 31, 2025 31.89 Mn
Sep 30, 2024 94.35 Mn
Jun 30, 2024 30.30 Mn
Mar 31, 2024 34.28 Mn
Sep 30, 2023 91.73 Mn
Jun 30, 2023 75.19 Mn
Mar 31, 2023 35.23 Mn
Sep 30, 2022 -219.17 Mn
Jun 30, 2022 87.73 Mn
Mar 31, 2022 45.34 Mn
Sep 30, 2021 -104.60 Mn
Jun 30, 2021 4.27 Mn
Mar 31, 2021 6.04 Mn
Dec 31, 2020 -27.43 Mn
Sep 30, 2020 4.26 Mn
Jun 30, 2020 3.16 Mn
Mar 31, 2020 2.56 Mn