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Side-by-side financial comparison of Innoviva, Inc. (INVA) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.

Innoviva, Inc. is the larger business by last-quarter revenue ($114.6M vs $62.0M, roughly 1.8× MID PENN BANCORP INC). Innoviva, Inc. runs the higher net margin — 143.2% vs 31.4%, a 111.9% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 24.8%). Over the past eight quarters, Innoviva, Inc.'s revenue compounded faster (21.6% CAGR vs 21.1%).

Innoviva, Inc. is a healthcare company specializing in the development, commercialization, and royalty management of prescription therapeutics for respiratory diseases, infectious diseases, and critical care conditions. It partners with leading global pharmaceutical firms to deliver treatments for asthma, COPD and other chronic illnesses to patients across core markets including North America and Europe.

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

INVA vs MPB — Head-to-Head

Bigger by revenue
INVA
INVA
1.8× larger
INVA
$114.6M
$62.0M
MPB
Growing faster (revenue YoY)
MPB
MPB
+5.9% gap
MPB
30.8%
24.8%
INVA
Higher net margin
INVA
INVA
111.9% more per $
INVA
143.2%
31.4%
MPB
Faster 2-yr revenue CAGR
INVA
INVA
Annualised
INVA
21.6%
21.1%
MPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INVA
INVA
MPB
MPB
Revenue
$114.6M
$62.0M
Net Profit
$164.2M
$19.4M
Gross Margin
66.0%
Operating Margin
34.0%
43.6%
Net Margin
143.2%
31.4%
Revenue YoY
24.8%
30.8%
Net Profit YoY
707.4%
47.0%
EPS (diluted)
$2.19
$0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INVA
INVA
MPB
MPB
Q4 25
$114.6M
$62.0M
Q3 25
$107.8M
$61.8M
Q2 25
$100.3M
$54.3M
Q1 25
$88.6M
$47.7M
Q4 24
$91.8M
$47.4M
Q3 24
$89.5M
$45.3M
Q2 24
$99.9M
$44.1M
Q1 24
$77.5M
$42.3M
Net Profit
INVA
INVA
MPB
MPB
Q4 25
$164.2M
$19.4M
Q3 25
$89.9M
$18.3M
Q2 25
$63.7M
$4.8M
Q1 25
$-46.6M
$13.7M
Q4 24
$20.3M
$13.2M
Q3 24
$1.2M
$12.3M
Q2 24
$-34.7M
$11.8M
Q1 24
$36.5M
$12.1M
Gross Margin
INVA
INVA
MPB
MPB
Q4 25
66.0%
Q3 25
70.1%
Q2 25
82.9%
Q1 25
82.7%
Q4 24
85.1%
Q3 24
81.6%
Q2 24
85.1%
Q1 24
77.5%
Operating Margin
INVA
INVA
MPB
MPB
Q4 25
34.0%
43.6%
Q3 25
32.1%
39.3%
Q2 25
48.6%
7.9%
Q1 25
46.7%
35.2%
Q4 24
47.0%
34.1%
Q3 24
48.3%
32.8%
Q2 24
54.7%
32.4%
Q1 24
33.3%
34.8%
Net Margin
INVA
INVA
MPB
MPB
Q4 25
143.2%
31.4%
Q3 25
83.4%
29.6%
Q2 25
63.5%
8.8%
Q1 25
-52.6%
28.8%
Q4 24
22.1%
27.9%
Q3 24
1.4%
27.1%
Q2 24
-34.7%
26.7%
Q1 24
47.1%
28.7%
EPS (diluted)
INVA
INVA
MPB
MPB
Q4 25
$2.19
$0.83
Q3 25
$1.08
$0.79
Q2 25
$0.77
$0.22
Q1 25
$-0.74
$0.71
Q4 24
$0.43
$0.72
Q3 24
$0.02
$0.74
Q2 24
$-0.55
$0.71
Q1 24
$0.46
$0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INVA
INVA
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$550.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$814.1M
Total Assets
$1.6B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INVA
INVA
MPB
MPB
Q4 25
$550.9M
Q3 25
$476.5M
Q2 25
$397.5M
Q1 25
$319.1M
Q4 24
$305.0M
Q3 24
$260.6M
Q2 24
$217.0M
Q1 24
$178.4M
Stockholders' Equity
INVA
INVA
MPB
MPB
Q4 25
$1.2B
$814.1M
Q3 25
$1.0B
$796.3M
Q2 25
$714.8M
$775.7M
Q1 25
$646.9M
$667.9M
Q4 24
$691.2M
$655.0M
Q3 24
$668.5M
$573.1M
Q2 24
$665.5M
$559.7M
Q1 24
$703.7M
$551.0M
Total Assets
INVA
INVA
MPB
MPB
Q4 25
$1.6B
$6.1B
Q3 25
$1.4B
$6.3B
Q2 25
$1.3B
$6.4B
Q1 25
$1.3B
$5.5B
Q4 24
$1.3B
$5.5B
Q3 24
$1.2B
$5.5B
Q2 24
$1.2B
$5.4B
Q1 24
$1.3B
$5.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INVA
INVA
MPB
MPB
Operating Cash FlowLast quarter
$54.5M
$80.0M
Free Cash FlowOCF − Capex
$71.8M
FCF MarginFCF / Revenue
115.8%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
0.33×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INVA
INVA
MPB
MPB
Q4 25
$54.5M
$80.0M
Q3 25
$49.7M
$26.3M
Q2 25
$44.1M
$29.0M
Q1 25
$48.6M
$11.5M
Q4 24
$59.2M
$51.4M
Q3 24
$48.7M
$16.9M
Q2 24
$43.7M
$18.0M
Q1 24
$37.0M
$12.4M
Free Cash Flow
INVA
INVA
MPB
MPB
Q4 25
$71.8M
Q3 25
$24.3M
Q2 25
$27.2M
Q1 25
$8.8M
Q4 24
$44.5M
Q3 24
$48.4M
$16.8M
Q2 24
$17.7M
Q1 24
$12.1M
FCF Margin
INVA
INVA
MPB
MPB
Q4 25
115.8%
Q3 25
39.4%
Q2 25
50.1%
Q1 25
18.4%
Q4 24
93.8%
Q3 24
54.1%
37.1%
Q2 24
40.2%
Q1 24
28.5%
Capex Intensity
INVA
INVA
MPB
MPB
Q4 25
13.3%
Q3 25
3.1%
Q2 25
3.2%
Q1 25
5.7%
Q4 24
0.0%
14.6%
Q3 24
0.3%
0.0%
Q2 24
0.0%
0.7%
Q1 24
0.0%
0.8%
Cash Conversion
INVA
INVA
MPB
MPB
Q4 25
0.33×
4.12×
Q3 25
0.55×
1.44×
Q2 25
0.69×
6.08×
Q1 25
0.84×
Q4 24
2.91×
3.88×
Q3 24
40.14×
1.37×
Q2 24
1.53×
Q1 24
1.01×
1.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INVA
INVA

Royalty$54.9M48%
Xacduro$32.1M28%
Giapreza$19.6M17%
Xerava$7.3M6%

MPB
MPB

Segment breakdown not available.

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