earnings
confidence high
sentiment positive
materiality 0.75
Innoviva Q3: Revenue $107.8M (+20% YoY), Net Income $89.9M, $125M Buyback
Innoviva, Inc.
2025-Q3 EPS reported
$1.35
revenue$296,715,000
- Total revenue $107.8M (+20% YoY); GSK royalty $63.4M; net product sales $47.3M (U.S. $29.9M, +52% YoY).
- Net income $89.9M ($1.30 basic EPS) vs $1.2M ($0.02) in Q3 2024; driven by $62.3M fair-value gains on equity investments.
- Income from operations $34.6M, down 20% primarily due to non-recurring R&D expense.
- Board authorized $125M share repurchase program; $192.5M of convertible notes converted into 11.1M shares in August.
- ZEVTERA U.S. launch in July; zoliflodacin PDUFA Dec 15, 2025; investments: Armata $15M, Lyndra $10.2M, Beacon Biosignals $17.5M.
item 2.02item 9.01