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Innoviva, Inc.（INVA）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Innoviva, Inc.的季度营收约是Repay Holdings Corp的1.5倍（$114.6M vs $78.6M），Innoviva, Inc.净利率更高（143.2% vs -178.3%，领先321.5%），Innoviva, Inc.同比增速更快（24.8% vs 0.4%），过去两年Innoviva, Inc.的营收复合增速更高（21.6% vs -1.3%）
Innoviva Inc是一家专注于呼吸道疾病、传染病及重症护理领域处方治疗药物研发、商业化及特许权使用费管理的医疗保健企业，与全球领先制药商合作，为北美、欧洲等核心市场的患者提供哮喘、慢性阻塞性肺疾病等病症的治疗方案。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
INVA vs RPAY — 直观对比
营收规模更大
INVA
是对方的1.5倍
$78.6M
营收增速更快
INVA
高出24.4%
0.4%
净利率更高
INVA
高出321.5%
-178.3%
两年增速更快
INVA
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $114.6M | $78.6M |
| 净利润 | $164.2M | $-140.1M |
| 毛利率 | 66.0% | 74.2% |
| 营业利润率 | 34.0% | -182.2% |
| 净利率 | 143.2% | -178.3% |
| 营收同比 | 24.8% | 0.4% |
| 净利润同比 | 707.4% | -3304.1% |
| 每股收益（稀释后） | $2.19 | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收INVARPAY
| Q4 25 | $114.6M | $78.6M | ||
| Q3 25 | $107.8M | $77.7M | ||
| Q2 25 | $100.3M | $75.6M | ||
| Q1 25 | $88.6M | $77.3M | ||
| Q4 24 | $91.8M | $78.3M | ||
| Q3 24 | $89.5M | $79.1M | ||
| Q2 24 | $99.9M | $74.9M | ||
| Q1 24 | $77.5M | $80.7M |
净利润INVARPAY
| Q4 25 | $164.2M | $-140.1M | ||
| Q3 25 | $89.9M | $-6.4M | ||
| Q2 25 | $63.7M | $-102.3M | ||
| Q1 25 | $-46.6M | $-7.9M | ||
| Q4 24 | $20.3M | $-4.1M | ||
| Q3 24 | $1.2M | $3.2M | ||
| Q2 24 | $-34.7M | $-4.1M | ||
| Q1 24 | $36.5M | $-5.2M |
毛利率INVARPAY
| Q4 25 | 66.0% | 74.2% | ||
| Q3 25 | 70.1% | 74.4% | ||
| Q2 25 | 82.9% | 75.7% | ||
| Q1 25 | 82.7% | 75.9% | ||
| Q4 24 | 85.1% | 76.3% | ||
| Q3 24 | 81.6% | 77.8% | ||
| Q2 24 | 85.1% | 78.2% | ||
| Q1 24 | 77.5% | 76.2% |
营业利润率INVARPAY
| Q4 25 | 34.0% | -182.2% | ||
| Q3 25 | 32.1% | -3.9% | ||
| Q2 25 | 48.6% | -138.7% | ||
| Q1 25 | 46.7% | -4.7% | ||
| Q4 24 | 47.0% | -1.5% | ||
| Q3 24 | 48.3% | -0.9% | ||
| Q2 24 | 54.7% | -4.6% | ||
| Q1 24 | 33.3% | -3.1% |
净利率INVARPAY
| Q4 25 | 143.2% | -178.3% | ||
| Q3 25 | 83.4% | -8.3% | ||
| Q2 25 | 63.5% | -135.2% | ||
| Q1 25 | -52.6% | -10.3% | ||
| Q4 24 | 22.1% | -5.3% | ||
| Q3 24 | 1.4% | 4.1% | ||
| Q2 24 | -34.7% | -5.4% | ||
| Q1 24 | 47.1% | -6.5% |
每股收益（稀释后）INVARPAY
| Q4 25 | $2.19 | $-1.68 | ||
| Q3 25 | $1.08 | $-0.08 | ||
| Q2 25 | $0.77 | $-1.15 | ||
| Q1 25 | $-0.74 | $-0.09 | ||
| Q4 24 | $0.43 | $-0.04 | ||
| Q3 24 | $0.02 | $0.03 | ||
| Q2 24 | $-0.55 | $-0.04 | ||
| Q1 24 | $0.46 | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $550.9M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $1.2B | $484.4M |
| 总资产 | $1.6B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资INVARPAY
| Q4 25 | $550.9M | $115.7M | ||
| Q3 25 | $476.5M | $95.7M | ||
| Q2 25 | $397.5M | $162.6M | ||
| Q1 25 | $319.1M | $165.5M | ||
| Q4 24 | $305.0M | $189.5M | ||
| Q3 24 | $260.6M | $168.7M | ||
| Q2 24 | $217.0M | $147.1M | ||
| Q1 24 | $178.4M | $128.3M |
总债务INVARPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益INVARPAY
| Q4 25 | $1.2B | $484.4M | ||
| Q3 25 | $1.0B | $616.9M | ||
| Q2 25 | $714.8M | $633.7M | ||
| Q1 25 | $646.9M | $755.7M | ||
| Q4 24 | $691.2M | $761.3M | ||
| Q3 24 | $668.5M | $754.7M | ||
| Q2 24 | $665.5M | $815.4M | ||
| Q1 24 | $703.7M | $813.8M |
总资产INVARPAY
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
负债/权益比INVARPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $54.5M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 0.33× | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流INVARPAY
| Q4 25 | $54.5M | $23.3M | ||
| Q3 25 | $49.7M | $32.2M | ||
| Q2 25 | $44.1M | $33.1M | ||
| Q1 25 | $48.6M | $2.5M | ||
| Q4 24 | $59.2M | $34.3M | ||
| Q3 24 | $48.7M | $60.1M | ||
| Q2 24 | $43.7M | $31.0M | ||
| Q1 24 | $37.0M | $24.8M |
自由现金流INVARPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | $48.4M | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率INVARPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | 54.1% | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度INVARPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 0.0% | 0.3% | ||
| Q3 24 | 0.3% | 0.3% | ||
| Q2 24 | 0.0% | 0.6% | ||
| Q1 24 | 0.0% | 0.1% |
现金转化率INVARPAY
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.91× | — | ||
| Q3 24 | 40.14× | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.01× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
INVA
| Royalty | $54.9M | 48% |
| Xacduro | $32.1M | 28% |
| Giapreza | $19.6M | 17% |
| Xerava | $7.3M | 6% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
