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| Date | Value |
|---|---|
| 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 |