| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenue | 107,800 | 100,283 | 88,632 | 89,508 |
| Cost of products sold (inclusive of amortization of inventory fair value adjustments) | - | - | 8,842 | 9,990 |
| Cost of products sold (inclusive of amortization of inventory fair value adjustments)-Product | 25,643 | 10,590 | - | - |
| Amortization of acquired intangible assets | 6,618 | 6,547 | 6,475 | - |
| Gross profit | 75,539 | 83,146 | 73,315 | - |
| Selling, general and administrative | 27,291 | 26,412 | 27,491 | 26,219 |
| Amortization expense | - | - | - | 6,511 |
| Research and development | 13,670 | 7,983 | 4,396 | 3,551 |
| Total operating expenses | 40,961 | 34,395 | 31,887 | - |
| Income from operations | 34,578 | 48,751 | 41,428 | - |
| Changes in fair values of equity method investments, net | 30,751 | 13,082 | -13,549 | -18,231 |
| Changes in fair values of equity and long-term investments, net | 31,510 | 11,280 | -65,299 | -16,936 |
| Interest and dividend income | 5,472 | 4,925 | 4,538 | 5,500 |
| Interest expense | 4,015 | 4,663 | 4,711 | 5,807 |
| Total expenses, net | - | - | - | 82,659 |
| Other expense, net | -479 | -777 | -996 | -914 |
| Income before income taxes | 97,817 | 72,598 | -38,589 | 6,849 |
| Income tax expense, net | 7,909 | 8,910 | 7,995 | 5,636 |
| Net income and comprehensive income | 89,908 | 63,688 | -46,584 | 1,213 |
| Earnings per share, basic | 1.3 | 1.01 | -0.74 | 0.02 |
| Earnings per share, diluted | 1.08 | 0.77 | -0.74 | 0.02 |
| Weighted average number of shares outstanding, basic | 69,058,000 | 62,865,000 | 62,709,000 | 62,569,000 |
| Weighted average number of shares outstanding, diluted | 84,964,000 | 84,452,000 | 62,709,000 | 62,951,000 |
Innoviva, Inc. (INVA)
Innoviva, Inc. (INVA)