Innoviva profit margin INVA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 81.2%
- Operating margin, 12 months
- 36.9%
- Net margin on a year earlier
- +70.8 pts
- Peer median
- 13.3%
Over the twelve months to Jun 30, 2026, Innoviva kept 81.2% of its revenue as net profit, with an operating margin of 36.9% and a gross margin of 72.2%.
Five years earlier its net margin was 72.6%.
The median for 10 large drugmakers of a similar size is 13.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 65.9% | 39.8% | 74.8% |
| FY2024 | 6.5% | 46.5% | 82.6% |
| FY2023 | 57.9% | 40.3% | 86.8% |
| FY2022 | 64.6% | n/a | 95.8% |
| FY2021 | 67.8% | 95.7% | n/a |
| FY2020 | 66.6% | 95.3% | n/a |
| FY2019 | 60.3% | 94.4% | n/a |
| FY2018 | n/a | 91.3% | n/a |
| FY2017 | 61.8% | 84.5% | n/a |
| FY2016 | 44.6% | 81.6% | n/a |
| FY2015 | −34.8% | 58.5% | n/a |
| FY2014 | n/a | n/a | n/a |
| FY2013 | n/a | n/a | n/a |
| FY2012 | −13.7% | −9.6% | n/a |
| FY2011 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 81.2% | +70.8 pts | 36.9% | |
| Q1 FY26 | n/a | n/a | 38.1% | |
| Q4 FY25 | 65.9% | +59.4 pts | 39.8% | |
| Q3 FY25 | 32.8% | +14.5 pts | 43.2% | |
| Q2 FY25 | 10.4% | −33.6 pts | 47.7% | |
| Q1 FY25 | −16.1% | −74.4 pts | 49.3% | |
| Q4 FY24 | 6.5% | −51.4 pts | 46.5% | |
| Q3 FY24 | 18.3% | +1.1 pts | 50.3% | |
| Q2 FY24 | 44.0% | −36.3 pts | 45.2% | |
| Q1 FY24 | 58.2% | −15.1 pts | 39.5% | |
| Q4 FY23 | 57.9% | −6.7 pts | 40.3% | |
| Q3 FY23 | 17.2% | −61.2 pts | 43.9% |
Against its peers
Companies in Drug Manufacturers - General nearest Innoviva's size, closest first, today.
| Company | Profit margin |
|---|---|
| INVAInnoviva | 81.2% |
| ANABAnaptysbio | n/m |
| PCRXPacira BioSciences | 2.0% |
| PAHCPhibro Animal Health | 6.6% |
| ANIPANI Pharmaceuticals | 11.1% |
| OMEROmeros | n/m |
| AMPHAmphastar Pharmaceuticals | 10.8% |
| HRMYHarmony Biosciences | 18.9% |
| PBHPrestige Consumer Healthcare | 15.6% |
| ABUSArbutus Biopharma | 84.2% |
| NRIXNurix Therapeutics | 42.0% |
| Peer median | 13.3% |
Where Innoviva ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Innoviva
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.