Financial Snapshot

Revenue
$352.7M
TTM
Gross Margin
87.73%
TTM
Net Earnings
$64.59M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
179.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$551.2M
Q3 2024
Book Value
$680.4M
Q3 2024
Cash
Q3 2024
P/E
18.29
Nov 29, 2024 EST
Free Cash Flow
$162.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $310.5M $331.3M $1.839M $1.524M $5.540M $261.0M $217.2M $133.6M $53.90M $8.400M $4.758M $135.8M $24.51M $24.22M $24.40M $23.10M $22.00M $19.60M $12.10M $8.900M $3.600M $200.0K $0.00
YoY Change -6.3% 17917.35% 20.67% -72.49% -97.88% 20.16% 62.59% 147.87% 541.67% 76.54% -96.5% 453.84% 1.19% -0.73% 5.63% 5.0% 12.24% 61.98% 35.96% 147.22% 1700.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $310.5M $331.3M $1.839M $1.524M $5.540M $261.0M $217.2M $133.6M $53.90M $8.400M $4.758M $135.8M $24.51M $24.22M $24.40M $23.10M $22.00M $19.60M $12.10M $8.900M $3.600M $200.0K $0.00
Cost Of Revenue $42.64M $13.79M
Gross Profit $267.8M $317.5M
Gross Profit Margin 86.27% 95.84%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $98.23M $63.54M $16.19M $13.90M $14.70M $22.80M $32.30M $23.20M $19.80M $34.90M $48.44M $30.86M $30.68M $27.50M $27.10M $28.90M $35.30M $32.20M $23.70M $23.70M $14.40M $16.80M $20.60M
YoY Change 54.6% 292.52% 16.45% -5.44% -35.53% -29.41% 39.22% 17.17% -43.27% -27.95% 56.97% 0.58% 11.57% 1.48% -6.23% -18.13% 9.63% 35.86% 0.0% 64.58% -14.29% -18.45% -61.92%
% of Gross Profit 36.68% 20.01%
Research & Development $33.92M $41.43M $576.0K $1.788M $0.00 $0.00 $1.355M $1.400M $2.600M $7.500M $125.2M $117.9M $103.6M $75.07M $77.50M $82.00M $155.3M $166.6M $137.9M $91.60M $61.70M $66.50M $53.80M
YoY Change -18.13% 7093.06% -67.79% -100.0% -3.21% -46.15% -65.33% -94.01% 6.18% 13.84% 37.96% -3.14% -5.49% -47.2% -6.78% 20.81% 50.55% 48.46% -7.22% 23.61% 8.03%
% of Gross Profit 12.67% 13.05%
Depreciation & Amortization $35.71M $19.51M $13.83M $13.84M $13.87M $13.87M $13.98M $14.00M $13.90M $12.20M $8.203M $7.326M $7.583M $6.336M $5.500M $7.000M $4.100M $4.200M $4.100M $4.800M $5.200M $5.100M $4.900M
YoY Change 82.99% 41.06% -0.06% -0.25% 0.01% -0.79% -0.13% 0.72% 13.93% 48.73% 11.97% -3.39% 19.68% 15.2% -21.43% 70.73% -2.38% 2.44% -14.58% -7.69% 1.96% 4.08%
% of Gross Profit 13.33% 6.14%
Operating Expenses $132.2M $105.0M $16.76M $15.67M $14.66M $22.75M $33.61M $24.60M $22.40M $42.40M $173.6M $148.8M $134.2M $102.5M $104.6M $110.9M $190.6M $198.8M $161.6M $115.3M $76.10M $83.20M $74.40M
YoY Change 25.9% 526.2% 6.97% 6.93% -35.59% -32.31% 36.64% 9.82% -47.17% -75.58% 16.71% 10.81% 30.92% -1.96% -5.68% -41.82% -4.12% 23.02% 40.16% 51.51% -8.53% 11.83% -28.39%
Operating Profit $135.7M $212.6M $375.1M $321.1M $246.4M $238.3M $183.6M -$168.9M -$13.00M -$109.7M -$78.32M
YoY Change -36.18% -43.33% 16.81% 30.35% 3.4% 29.76% 1199.05% -88.15% 40.11%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Interest Expense $19.16M $15.79M $19.07M $18.33M $18.66M $23.95M $43.60M -$51.80M -$51.50M -$36.30M $9.348M $6.003M $6.022M $6.044M -$3.900M -$400.0K $8.600M $13.10M $6.400M $3.700M $1.900M $3.900M $9.600M
YoY Change 21.33% -17.21% 4.03% -1.76% -22.1% -45.06% -184.17% 0.58% 41.87% -488.32% 55.72% -0.32% -0.36% -254.97% 875.0% -104.65% -34.35% 104.69% 72.97% 94.74% -51.28% -59.38% 6.67%
% of Operating Profit 14.12% 7.43% 5.08% 5.71% 7.57% 10.05% 23.75%
Other Income/Expense, Net -$4.969M -$3.373M -$3.626M -$348.0K -$345.0K -$5.702M -$7.038M $2.400M $1.100M -$3.300M $6.732M $0.00 $0.00
YoY Change 47.32% -6.98% 941.95% 0.87% -93.95% -18.98% -393.25% 118.18% -133.33% -149.02%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Pretax Income $194.1M $286.9M $445.3M $354.2M $232.9M $210.3M $134.3M $59.50M -$18.80M -$73.50M -$30.60M -$18.50M -$115.3M -$83.90M -$85.30M -$93.60M -$160.0M -$166.0M -$143.2M -$102.7M -$70.60M -$79.20M -$64.80M
YoY Change -32.36% -35.56% 25.7% 52.11% 10.77% 56.58% 125.67% -416.49% -74.42% 140.2% 65.41% -83.95% 37.43% -1.64% -8.87% -41.5% -3.61% 15.92% 39.44% 45.47% -10.86% 22.22% -31.72%
Income Tax $14.38M $66.69M $76.44M $60.43M $41.90M -$196.1M $4.000K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 7.41% 23.24% 17.17% 17.06% 17.99% -93.25% 0.0%
Net Earnings $179.7M $220.3M $368.8M $293.8M $191.0M $406.3M $134.3M $59.50M -$18.80M -$168.5M -$170.7M -$18.50M -$115.3M -$83.90M -$85.30M -$93.60M -$160.0M -$166.0M -$143.2M -$102.7M -$70.60M -$79.20M -$64.80M
YoY Change -18.41% -40.28% 25.53% 53.83% -53.0% 202.62% 125.67% -416.49% -88.84% -1.29% 822.7% -83.95% 37.43% -1.64% -8.87% -41.5% -3.61% 15.92% 39.44% 45.47% -10.86% 22.22% -31.72%
Net Earnings / Revenue 57.89% 66.48% 20056.39% 19279.13% 3447.53% 155.68% 61.81% 44.54% -34.88% -2005.95% -3587.64% -13.63% -470.38% -346.37% -349.59% -405.19% -727.27% -846.94% -1183.47% -1153.93% -1961.11% -39600.0%
Basic Earnings Per Share $2.75 $3.07 $3.24 $2.21 $1.55 $3.92 $1.25
Diluted Earnings Per Share $2.20 $2.37 $2.87 $2.02 $1.43 $3.53 $1.17 $483.0K -$162.9K -$1.503M -$1.667M -$203.5K -$1.404M -$1.164M -$1.354M -$1.524M -$2.645M -$2.814M -$2.687M -$3.084M -$1.565M -$1.756M -$1.437M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $193.5M $291.0M $201.5M $246.5M $350.8M $114.9M $129.1M $150.4M $187.3M $240.5M $465.1M $248.5M $240.9M $309.6M $155.4M $200.6M $126.8M $201.1M $161.9M $257.1M $89.20M $148.6M
YoY Change -33.51% 44.42% -18.25% -29.73% 205.31% -11.0% -14.16% -19.7% -22.12% -48.29% 87.16% 3.15% -22.19% 99.23% -22.53% 58.2% -36.95% 24.21% -37.03% 188.23% -39.97%
Cash & Equivalents $193.5M $291.0M $201.5M $246.5M $278.1M $62.40M $73.30M $118.0M $159.2M $96.80M $143.5M $94.80M $44.80M $163.3M $47.50M $92.30M $86.40M $72.40M $49.80M $101.4M $35.70M $108.8M
Short-Term Investments $0.00 $72.70M $52.50M $55.70M $32.40M $28.10M $143.7M $321.6M $153.6M $196.1M $146.3M $107.8M $108.3M $40.40M $128.7M $112.1M $155.7M $53.40M $39.80M
Other Short-Term Assets $25.89M $32.49M $1.437M $1.600M $1.000M $800.0K $800.0K $800.0K $800.0K $1.100M $4.300M $4.000M $3.500M $6.000M $6.200M $8.800M $6.700M $4.400M $3.900M $5.200M $1.700M $1.800M
YoY Change -20.31% 2161.1% -10.19% 60.0% 25.0% 0.0% 0.0% 0.0% -27.27% -74.42% 7.5% 14.29% -41.67% -3.23% -29.55% 31.34% 52.27% 12.82% -25.0% 205.88% -5.56%
Inventory $40.74M $55.90M $0.00 $10.40M $7.500M
Prepaid Expenses
Receivables $84.08M $64.07M $110.7M $93.90M $79.40M $83.30M $70.50M $46.80M $26.20M $10.60M $3.400M $1.100M $200.0K $200.0K $300.0K $300.0K $300.0K $600.0K $1.000M $2.100M $400.0K $1.500M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $100.0K $500.0K $100.0K $300.0K $200.0K $1.200M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $344.2M $443.5M $313.7M $342.1M $431.2M $199.0M $200.4M $198.0M $214.3M $252.2M $483.2M $261.1M $244.8M $316.4M $162.0M $210.0M $134.1M $207.2M $166.9M $264.5M $91.20M $151.8M
YoY Change -22.39% 41.39% -8.31% -20.66% 116.68% -0.7% 1.21% -7.61% -15.03% -47.81% 85.06% 6.66% -22.63% 95.31% -22.86% 56.6% -35.28% 24.15% -36.9% 190.02% -39.92%
Property, Plant & Equipment $3.019M $3.435M $12.00K $0.00 $0.00 $200.0K $200.0K $400.0K $200.0K $300.0K $10.20M $9.200M $10.40M $10.20M $12.90M $16.20M $20.10M $15.10M $13.20M $13.20M $15.80M $20.30M
YoY Change -12.11% 28525.0% -100.0% 0.0% -50.0% 100.0% -33.33% -97.06% 10.87% -11.54% 1.96% -20.93% -20.37% -19.4% 33.11% 14.39% 0.0% -16.46% -22.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $561.0M $403.0M $483.8M $438.3M $42.90M $55.40M $95.20M $0.00 $2.500M $34.50M $38.10M
YoY Change 39.2% -16.71% 10.39% -22.56% -41.81% -100.0% -92.75% -9.45%
Other Assets $3.267M $4.299M $17.44M $94.00M $154.5M $196.1M $0.00 $0.00 $0.00 $18.10M $8.200M $3.000M $3.400M $4.200M $5.500M $8.800M $3.800M $3.900M $4.300M $5.300M $8.000M $10.00M
YoY Change -24.01% -75.34% -81.45% -39.16% -21.21% -100.0% 120.73% 173.33% -11.76% -19.05% -23.64% -37.5% 131.58% -2.56% -9.3% -18.87% -33.75% -20.0%
Total Long-Term Assets $899.3M $788.0M $612.7M $657.5M $293.6M $349.2M $166.9M $181.0M $194.6M $269.5M $198.1M $107.5M $14.00M $14.80M $19.40M $26.20M $27.90M $55.20M $57.90M $21.50M $34.20M $40.90M
YoY Change 14.12% 28.6% -6.81% 123.94% -15.92% 109.23% -7.79% -6.99% -27.79% 36.04% 84.28% 667.86% -5.41% -23.71% -25.95% -6.09% -49.46% -4.66% 169.3% -37.13% -16.38%
Total Assets $1.244B $1.231B $926.4M $999.6M $724.8M $548.2M $367.3M $379.0M $408.9M $521.7M $681.3M $368.6M $258.8M $331.2M $181.4M $236.2M $162.0M $262.4M $224.8M $286.0M $125.4M $192.7M
YoY Change
Accounts Payable $6.717M $2.939M $27.00K $100.0K $0.00 $0.00 $600.0K $100.0K $800.0K $0.00 $47.60M $5.400M $5.800M $2.100M $1.800M $3.300M $7.000M $16.00M $8.100M $5.900M $3.200M $1.600M
YoY Change 128.55% 10785.19% -73.0% -100.0% 500.0% -87.5% -100.0% 781.48% -6.9% 176.19% 16.67% -45.45% -52.86% -56.25% 97.53% 37.29% 84.38% 100.0%
Accrued Expenses $30.14M $33.59M $5.780M $6.000M $5.400M $5.700M $9.100M $11.30M $11.80M $11.60M $27.50M $20.00M $20.90M $15.80M $13.20M $16.80M $26.00M $24.20M $21.80M $14.40M $8.200M $8.100M
YoY Change -10.27% 481.11% -3.67% 11.11% -5.26% -37.36% -19.47% -4.24% 1.72% -57.82% 37.5% -4.31% 32.28% 19.7% -21.43% -35.38% 7.44% 11.01% 51.39% 75.61% 1.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25.00M
YoY Change -100.0%
Long-Term Debt Due $0.00 $96.19M $0.00 $25.00M $7.800M $0.00 $1.200M $2.400M $3.100M $2.800M
YoY Change -100.0% -100.0% 220.51% -50.0% -22.58% 10.71%
Total Short-Term Liabilities $38.13M $135.0M $5.807M $6.100M $5.400M $5.700M $34.70M $20.00M $13.50M $13.80M $84.40M $30.00M $45.50M $40.10M $38.90M $44.00M $55.50M $59.60M $48.20M $33.90M $20.20M $39.10M
YoY Change -71.75% 2224.23% -4.8% 12.96% -5.26% -83.57% 73.5% 48.15% -2.17% -83.65% 181.33% -34.07% 13.47% 3.08% -11.59% -20.72% -6.88% 23.65% 42.18% 67.82% -48.34%
Long-Term Debt $446.2M $444.2M $394.7M $385.5M $377.1M $382.9M $574.4M $708.3M $733.1M $725.6M $287.5M $172.5M $172.5M $172.6M $172.8M $172.8M $400.0K $500.0K $600.0K $1.800M $4.400M $7.900M
YoY Change 0.46% 12.55% 2.37% 2.23% -1.51% -33.34% -18.9% -3.38% 1.03% 152.38% 66.67% 0.0% -0.06% -0.12% 0.0% 43100.0% -20.0% -16.67% -66.67% -59.09% -44.3%
Other Long-Term Liabilities $83.62M $80.79M $0.00 $100.0K $200.0K $600.0K $900.0K $3.600M $5.000M $5.600M $10.20M $11.10M $127.8M $141.0M $158.7M $154.3M $172.3M $139.0M $116.4M $59.90M $33.10M $10.30M
YoY Change 3.5% -100.0% -50.0% -66.67% -33.33% -75.0% -28.0% -10.71% -45.1% -8.11% -91.31% -9.36% -11.15% 2.85% -10.45% 23.96% 19.42% 94.32% 80.97% 221.36%
Total Long-Term Liabilities $529.9M $525.0M $394.7M $385.6M $377.3M $383.5M $575.3M $711.9M $738.1M $731.2M $297.7M $183.6M $300.3M $313.6M $331.5M $327.1M $172.7M $139.5M $117.0M $61.70M $37.50M $18.20M
YoY Change 0.93% 33.02% 2.35% 2.2% -1.62% -33.34% -19.19% -3.55% 0.94% 145.62% 62.15% -38.86% -4.24% -5.4% 1.35% 89.4% 23.8% 19.23% 89.63% 64.53% 106.04%
Total Liabilities $568.6M $665.7M $511.7M $459.7M $411.3M $394.6M $610.2M $732.0M $751.6M $745.0M $382.1M $213.6M $345.8M $353.6M $370.4M $371.1M $228.2M $199.1M $165.3M $95.70M $57.70M $57.30M
YoY Change -14.59% 30.11% 11.3% 11.77% 4.23% -35.33% -16.64% -2.61% 0.89% 94.98% 78.89% -38.23% -2.21% -4.54% -0.19% 62.62% 14.62% 20.45% 72.73% 65.86% 0.7%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Basic Shares Outstanding 65.44M 69.64M 82.06M 101.3M 101.2M 100.8M 106.9M 110.3M 90.91M shares 82.05M shares 72.07M shares
Diluted Shares Outstanding 86.88M 95.25M 94.31M 113.6M 113.4M 113.4M 119.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.1813 Billion

About Innoviva, Inc.

Innoviva, Inc. is engaged in the development, commercialization, and financial management of biopharmaceuticals. The company is headquartered in Burlingame, California and currently employs 112 full-time employees. The company went IPO on 2004-10-05. The firm's royalty portfolio consists of respiratory assets partnered with Glaxo Group Limited (GSK), including RELVAR/BREO ELLIPTA (fluticasone furoate/vilanterol, FF/VI) and ANORO ELLIPTA (umeclidinium bromide/vilanterol, UMEC/VI). Under the Long-Acting Beta2 Agonist (LABA) Collaboration Agreement, the Company is entitled to receive royalties from GSK on sales of RELVAR/BREO ELLIPTA. The firm's products include GIAPREZA and XERAVA. GIAPREZA (angiotensin II) injection is approved by the United States Food and Drug Administration (FDA) as a vasoconstrictor indicated to increase blood pressure in adults with septic or other distributive shock. XERAV (eravacycline) for injection is approved by the United States FDA and Singapore Health Sciences Authority (HSA) as a tetracycline class antibacterial indicated for the treatment of complicated intra-abdominal infections (cIAI).

Industry: Pharmaceutical Preparations Peers: Aclaris Therapeutics, Inc. AERIE PHARMACEUTICALS INC Amneal Pharmaceuticals, Inc. BELITE BIO, INC RELMADA THERAPEUTICS, INC. DICE Therapeutics, Inc. JOHNSON & JOHNSON REATA PHARMACEUTICALS INC SIGA TECHNOLOGIES INC