10-Q quarterly report · filed May 6, 2026

Innoviva, Inc. (INVA) Q1 2026 10-Q Quarterly Report

Short answer

Innoviva, Inc. (INVA) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $98M (up 10.6% year over year) with net income of $187M.

Q1 2026 key financials · XBRL

Revenue
$98M
+10.6% YoY
Net income
$187M
+500.6% YoY
Operating margin
38.9%
Gross margin
77.4%
EPS (diluted)
$2.22
+400.0% YoY

Source: XBRL data from the Innoviva, Inc. (INVA) Q1 2026 10-Q on SEC EDGAR. USD.

Innoviva, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q1 revenue $98.0M, up 11% YoY from $88.6M
  • Operating income $38.2M vs $41.4M YoY; net income $186.6M vs $46.6M net loss
  • Best product XACDURO sales $18.1M, up 232% YoY; worst XERAVA sales $2.6M, down 30%
  • Cash $603.1M; operating cash flow $35.3M vs $48.6M; $20.4M share repurchases
  • NUZOLVENCE availability targeted for second half of 2026; cash sufficient for at least 12 months

Risk Factors

  • No risk-factors section provided; supplied text contains Items 2–6 only
  • Share-repurchase activity: 971,066 shares bought at average $21.06 during the quarter
  • Repurchase authorization: $125.0 million approved November 3, 2025, with $99,973,540 remaining at March 31, 2026
  • Convertible debt outstanding: 2.125% Convertible Senior Notes due 2028ેણ

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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