Innoviva (INVA) Research & Development (2010 - 2026)
Innoviva's (INVA) quarterly Research & Development came in at $5.2 million in Q1 2026, up 19.22% YoY from $4.4 million in Q1 2025, and down 79.88% on a QoQ basis from $26.0 million in Q3 2025.
Analysis
Innoviva (INVA) Research & Development (2010 - 2026) Analysis & Trends
Innoviva (INVA) has 15 years of Research & Development data on file, last reported at $5.2 million in Q1 2026.
- Quarterly Research & Development rose 19.22% year-over-year to $5.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.7 million (up 109.72% YoY) and the FY2025 annual result came in at $30.6 million, up 124.14% from the prior year.
- Research & Development slipped to $5.2 million in Q1 2026, from $26.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $31.6 million in Q3 2023 to a low of $2.6 million in Q2 2024.
- A 5-year average of $13.1 million and a median of $10.0 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 36436.84% — and 2024, when it plunged 82.92%.
- Tracing INVA's Research & Development over 5 years: stood at $31.4 million in 2022, then grew by 0.38% to $31.6 million in 2023, then plunged by 68.36% to $10.0 million in 2024, then soared by 160.78% to $26.0 million in 2025, then sank by 79.88% to $5.2 million in 2026.
- The last three Research & Development figures came in at $5.2 million (Q1 2026), $26.0 million (Q3 2025), and $8.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Innoviva | 1.56 Bn | 984.81 Mn | 90.62 Mn | 5.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.19 Mn |
| Mar 31, 2026 | 5.24 Mn |
| Sep 30, 2025 | 26.05 Mn |
| Jun 30, 2025 | 7.98 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Sep 30, 2024 | 9.99 Mn |
| Jun 30, 2024 | 2.56 Mn |
| Mar 31, 2024 | 3.88 Mn |
| Sep 30, 2023 | 31.57 Mn |
| Jun 30, 2023 | 14.99 Mn |
| Mar 31, 2023 | 12.59 Mn |
| Sep 30, 2022 | 31.45 Mn |
| Jun 30, 2022 | 13.88 Mn |
| Mar 31, 2022 | 5.84 Mn |
| Sep 30, 2021 | 536,000.00 |
| Jun 30, 2021 | 38,000.00 |
| Mar 31, 2021 | 49,000.00 |
| Dec 31, 2020 | 219,000.00 |
| Sep 30, 2020 | 1.01 Mn |
| Jun 30, 2020 | 559,000.00 |