Financial Statements — INVA
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.57 | 0.60 | 0.48 | 0.40 | 0.32 | 0.26 | 0.22 | 0.18 | 0.18 | 0.17 | 0.14 | 0.30 | 0.28 | 0.22 | 0.14 | 0.04 | 0.28 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- |
| Inventory | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.07 | -- | -- | -- | -- | -- |
| Total Current Assets | 0.75 | 0.77 | 0.68 | 0.65 | 0.58 | 0.40 | 0.36 | 0.31 | 0.30 | 0.32 | 0.30 | 0.45 | 0.40 | 0.32 | 0.24 | 0.15 | 0.37 |
| Property, Plant & Equipment | 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 |
| Goodwill | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.01 | 0.01 | -- | -- | -- |
| Intangible Assets | 0.17 | 0.18 | 0.19 | 0.20 | 0.20 | 0.21 | 0.22 | 0.22 | 0.24 | 0.24 | 0.25 | 0.26 | 0.04 | 0.04 | -- | -- | -- |
| Total Non-current Assets* | 0.95 | 1.06 | 0.74 | 0.68 | 0.67 | 0.83 | 0.87 | 0.96 | 0.88 | 0.79 | 0.83 | 0.87 | 0.74 | 0.79 | 0.65 | 0.64 | 0.72 |
| Total Assets | 1.70 | 1.84 | 1.43 | 1.33 | 1.25 | 1.23 | 1.22 | 1.27 | 1.19 | 1.12 | 1.13 | 1.33 | 1.14 | 1.11 | 0.89 | 0.79 | 1.09 |
| Accounts Payable | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short-term Debt | -- | -- | 0.00 | 0.19 | 0.19 | 0.19 | -- | -- | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 | -- | -- | -- |
| Total Current Liabilities | 0.05 | 0.04 | 0.05 | 0.25 | 0.23 | 0.22 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.16 | 0.13 | 0.11 | 0.00 | 0.01 | 0.00 |
| Long-term Debt | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.45 | 0.45 | 0.45 | 0.45 | 0.44 | 0.44 | 0.44 | 0.44 | 0.39 | 0.39 | 0.39 |
| Total Non-current Liabilities* | 0.42 | 0.46 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.52 | 0.62 | 0.61 | 0.48 | 0.45 | 0.45 |
| Total Liabilities* | 0.47 | 0.49 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.69 | 0.75 | 0.72 | 0.48 | 0.46 | 0.45 |
| Retained Earnings | 0.37 | 0.46 | 0.11 | 0.02 | (0.05) | (0.02) | (0.02) | 0.01 | (0.09) | (0.17) | (0.17) | (0.14) | (0.40) | (0.40) | (0.47) | (0.54) | (0.63) |
| Total Stockholder Equity | 1.23 | 1.34 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.64 | 0.39 | 0.39 | 0.40 | 0.33 | 0.63 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 119.59 | 97.99 | 114.61 | 107.80 | 100.28 | 88.63 | 91.81 | 89.51 | 99.90 | 77.50 | 85.84 | 67.26 | 80.99 | 76.37 | 65.80 | 67.26 | 108.22 | 90.06 | 107.68 | 97.86 |
| Cost of Revenue* | 28.98 | 22.16 | 38.95 | 32.26 | 17.14 | 15.32 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 90.62 | 75.83 | 75.67 | 75.54 | 83.15 | 73.32 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 5.19 | 5.24 | 4.56 | 13.67 | 7.98 | 4.40 | 3.67 | 3.55 | 2.56 | 3.88 | 2.36 | 3.99 | 14.99 | 12.59 | 9.99 | 11.73 | 13.88 | 5.84 | 0.04 | 0.45 |
| Selling, General & Admin | 34.57 | 32.44 | 32.12 | 27.29 | 26.41 | 27.49 | 31.33 | 26.22 | 27.74 | 30.41 | 26.32 | 28.64 | 23.54 | 19.74 | 17.45 | 27.81 | 11.78 | 6.49 | 3.11 | 2.86 |
| Total Operating Expenses | 39.76 | 37.68 | 36.68 | 40.96 | 34.40 | 31.89 | -- | -- | -- | -- | -- | -- | -- | -- | -- | (219.17) | 25.67 | 12.33 | 3.15 | 3.31 |
| Operating Income | 50.86 | 38.15 | 38.99 | 34.58 | 48.75 | 41.43 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 82.55 | 77.73 | 104.53 | 94.55 |
| Interest Expense | 5.47 | 5.44 | 3.31 | 4.01 | 4.66 | 4.71 | 4.75 | 5.81 | 5.80 | 5.85 | 5.95 | 4.40 | 4.38 | 4.43 | 4.03 | 5.10 | 3.66 | 3.01 | 4.84 | 4.79 |
| Pretax Income | (108.02) | 234.56 | 195.04 | 97.82 | 72.60 | (38.59) | 24.69 | 6.85 | (39.28) | 45.12 | 61.20 | 85.95 | 5.81 | 41.14 | (64.69) | 286.42 | 20.50 | 44.72 | 56.49 | 123.18 |
| Tax Provision | (24.60) | 47.97 | 30.88 | 7.91 | 8.91 | 8.00 | 4.36 | 5.64 | (4.59) | 8.59 | (0.33) | 3.91 | 4.53 | 6.28 | 3.63 | 57.08 | (0.88) | 6.86 | 10.84 | 20.53 |
| Net Income | (83.42) | 186.60 | 164.15 | 89.91 | 63.69 | (46.58) | 20.33 | 1.21 | (34.68) | 36.53 | 61.53 | 82.05 | 1.28 | 34.87 | (68.31) | 229.35 | 21.37 | 37.86 | 45.65 | 102.65 |
| Basic EPS | (1.14) | 2.52 | 2.45 | 1.30 | 1.01 | (0.74) | 0.32 | 0.02 | (0.55) | 0.58 | 0.96 | 1.26 | 0.02 | 0.51 | (0.98) | 3.81 | 0.01 | 0.23 | 0.26 | 1.04 |
| Diluted EPS | (1.14) | 2.22 | 2.19 | 1.08 | 0.77 | (0.74) | 0.43 | 0.02 | (0.55) | 0.46 | 0.78 | 0.98 | 0.02 | 0.42 | (0.68) | 2.80 | 0.05 | 0.20 | 0.23 | 0.90 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 51.97 | 35.28 | 54.51 | 49.73 | 44.07 | 48.62 | 59.24 | 48.69 | 43.72 | 37.05 | 33.26 | 43.94 | 38.18 | 25.68 | 8.90 | 15.69 | 79.04 | 98.10 | 98.38 | 96.71 |
| Capital Expenditures | 0.43 | 0.49 | 0.01 | 1.12 | -- | -- | 0.00 | 0.27 | 0.00 | 0.00 | 0.15 | 0.23 | 0.00 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Free Cash Flow* | 51.54 | 34.79 | 54.50 | 48.61 | -- | -- | 59.24 | 48.42 | 43.72 | 37.05 | 33.10 | 43.72 | 38.18 | 25.65 | 8.87 | 15.68 | 79.02 | 98.09 | 98.38 | 96.71 |
| Investing Cash Flow | (55.26) | 37.01 | 23.64 | 18.41 | 33.12 | (34.67) | (15.48) | (5.27) | 0.00 | (43.04) | (5.15) | (25.89) | 0.00 | (35.72) | (8.68) | 97.72 | (2.52) | (143.16) | (19.90) | 0.00 |
| Financing Cash Flow | (29.40) | (20.15) | (3.72) | 10.84 | 1.25 | 0.18 | 0.57 | 0.21 | (5.07) | (9.16) | (14.59) | (11.08) | (9.21) | (136.96) | (10.00) | (96.16) | (9.73) | 60.33 | (12.07) | (4.86) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q4
2016 | Q3
2016 | Q2
2016 | Q1
2016 | Q4
2015 | Q3
2015 | Q2
2015 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.25 |
