Innoviva (INVA) Operating Expenses (2010 - 2026)
Innoviva (INVA) reported Operating Expenses of $37.7 million for Q1 2026, up 18.16% on a YoY basis from $31.9 million in Q1 2025, and down 8.01% quarter-over-quarter from $41.0 million in Q3 2025.
Innoviva (INVA) Operating Expenses (2010 - 2026) Analysis & Trends
Innoviva has reported Operating Expenses for 17 years, with the latest figure at $37.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 18.16% year-over-year to $37.7 million; the trailing twelve-month figure through Mar 2026 stood at $113.0 million (up 22.92% YoY), and the FY2025 full-year result was $143.9 million, up 11.27% from the prior year.
- Operating Expenses for Q1 2026 stood at $37.7 million, down from $41.0 million in the prior quarter.
- The five-year high for Operating Expenses was $87.7 million in Q2 2022, with the low at -$219.2 million in Q3 2022.
- Historically, Operating Expenses has averaged $18.8 million across 5 years, with a median of $34.4 million in 2025.
- The largest YoY upside for Operating Expenses was 1956.38% in 2022 against a maximum downside of 765.76% in 2022.
- Innoviva's Operating Expenses stood at -$219.2 million in 2022, then soared by 91.47% to -$18.7 million in 2023, then jumped by 259.26% to $29.8 million in 2024, then jumped by 37.59% to $41.0 million in 2025, then dropped by 8.01% to $37.7 million in 2026.
- The last three Operating Expenses figures came in at $37.7 million (Q1 2026), $41.0 million (Q3 2025), and $34.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Innoviva | 1.65 Bn | 1.05 Bn | 75.83 Mn | 37.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.68 Mn |
| Sep 30, 2025 | 40.96 Mn |
| Jun 30, 2025 | 34.40 Mn |
| Mar 31, 2025 | 31.89 Mn |
| Sep 30, 2024 | 29.77 Mn |
| Jun 30, 2024 | 30.30 Mn |
| Mar 31, 2024 | 34.28 Mn |
| Sep 30, 2023 | -18.69 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 | -25.32 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 |