---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-017148"
form_type: "8-K"
ticker: "INVA"
cik: "0001080014"
company_name: "Innoviva, Inc."
filed_at: "2022-02-09T23:59:59+00:00"
generated_at: "2026-06-27T09:28:53.464302+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Innoviva Q4 2021 royalties up 18% to $111.1M; announces $45M strategic investment in Armata

## Summary
- Gross royalty revenues $111.1M in Q4 2021 (+18% YoY); full year 2021 $405.7M (+19%).
- Income from operations $104.5M (+23% YoY); diluted EPS $2.87 (+40%).
- Invested $4M in Armata in Q4 2021 and additional $45M in Feb 2022, expected to own ~70%.
- TRELEGY global net sales up 53% to $480.2M; ANORO down 17%; RELVAR/BREO up 3%.

## SEC filing metadata
- accession: 0001104659-22-017148
- form_type: 8-K
- ticker: INVA
- cik: 0001080014
- company_name: Innoviva, Inc.
- filed_at: 2022-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080014/000110465922017148/0001104659-22-017148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080014/000110465922017148/tm225965d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-017148
- JSON: https://secwatch.observer/filing/0001104659-22-017148.json
- Plain text: https://secwatch.observer/filing/0001104659-22-017148.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.