Inventiva S.A. (IVA) Income Statement
IVA 2025 at a glance
Fiscal year ended December 31, 2025 · eurosIVA revenue and net income
Where IVA's revenue goes
2025Each bar shows an amount and its share of revenue. IVA kept −7,587.8% of revenue as net income.
IVA profit margins
IVA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −51.3% | −28.3% | +64.5% | −0.8% |
| Gross profit | −83.6% | −50.1% | +32.3% | −8.0% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IVA income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €4.5M | €9.2M | €17.5M | €12.2M | €4.2M | €372,000 | €7.0M | €3.2M | €6.5M | €9.4M |
| Cost of revenue | €2.8M | €3.9M | −€23,000 | €995,000 | €1.0M | €846,000 | €0 | €967,000 | €1.2M | €1.5M |
| Gross profit | €1.5M | €9.2M | €17.5M | €12.2M | €4.2M | €372,000 | €7.0M | €2.2M | €5.3M | €8.0M |
| Research & development | €83.6M | €90.9M | €110.0M | €60.5M | €48.5M | €23.7M | €33.8M | €31.6M | €26.7M | €22.1M |
| Sales, general & admin | €53.9M | €17.1M | €13.9M | €12.9M | €11.2M | €8.5M | €4.5M | €4.5M | €4.1M | €3.2M |
| Total operating expenses | €137.4M | €106.8M | €120.2M | €69.3M | €56.3M | €30.1M | €36.2M | €36.4M | €27.0M | €21.5M |
| Operating income | −€130.9M | −€97.6M | −€102.7M | −€57.1M | −€52.1M | −€29.7M | −€30.3M | −€33.3M | −€20.9M | −€13.0M |
| Interest income | €2.9M | €1.1M | €991,000 | €390,000 | €57,000 | €226,000 | €157,000 | €120,000 | €276,623 | €230,183 |
| Interest expense | €32.3M | €12.2M | €5.2M | €707,000 | €138,000 | €66,000 | €3,000 | €243,028 | €5,316 | €7,548 |
| Income before taxes | −€342.3M | −€183.9M | −€109.8M | −€54.3M | −€49.3M | −€33.6M | −€30.2M | −€33.4M | −€20.6M | −€12.6M |
| Income taxes | €22,000 | €313,000 | €607,000 | −€20,000 | €364,000 | −€2.0M | €4,000 | €253,000 | −€3.4M | −€5.5M |
| Net income | −€340.2M | −€184.2M | −€110.4M | −€54.3M | −€49.6M | −€31.6M | −€30.2M | −€33.6M | −€17.2M | −€7.0M |
| EBITDA | −€127.7M | −€166.5M | −€102.0M | −€55.4M | −€52.8M | −€27.8M | −€28.8M | −€32.0M | −€22.0M | −€11.1M |
| Gross margin | 33.7% | 100.0% | 100.1% | 100.0% | 100.0% | 100.0% | 100.0% | 69.8% | 81.0% | 84.3% |
| Operating margin | −2,921.0% | −1,060.6% | −587.7% | −468.9% | −1,242.6% | −7,988.7% | −433.2% | −1,040.1% | −320.8% | −137.8% |
| Net margin | −7,587.8% | −2,002.7% | −631.8% | −445.6% | −1,183.5% | −8,500.8% | −431.9% | −1,051.5% | −264.2% | −74.6% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Dec '22 | Jun '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €1.3M | €28,785 | €28,785 | €4.5M | €6.5M | €2.7M | €2.7M | €16.5M | €16.5M | €15.4M | €67,000 | €4.1M |
| Cost of revenue | €458,000 | €1.2M | €1.2M | €1.7M | −€526,000 | €526,000 | €0 | €558,000 | €558,000 | €474,000 | €521,000 | €558,000 |
| Gross profit | €847,000 | −€1.2M | −€1.2M | €2.8M | €7.0M | €2.2M | €2.7M | €16.0M | €16.0M | €14.9M | −€454,000 | €3.5M |
| Research & development | €46.9M | €43.0M | €43.0M | €43.3M | €44.1M | €46.8M | €46.8M | €56.0M | €56.0M | €30.6M | €29.3M | €29.0M |
| Sales, general & admin | €22.9M | — | €33.2M | €16.6M | €8.9M | €7.7M | €8.3M | €7.8M | €7.8M | €8.0M | €7.0M | €5.1M |
| Total operating expenses | €71.2M | €77.8M | €77.8M | €59.6M | €52.3M | €54.5M | €55.0M | €63.7M | €63.7M | €39.4M | €35.9M | €34.3M |
| Operating income | −€70.4M | −€74.1M | −€74.1M | −€56.8M | −€45.3M | −€52.2M | −€52.2M | −€47.7M | −€47.7M | −€23.6M | −€36.5M | −€30.7M |
| Interest expense | €14.7M | €23.7M | €23.7M | €9.7M | €12.2M | €5.7M | — | €3.2M | — | €507,000 | €248,000 | €92,000 |
| Income before taxes | −€69.4M | −€164.8M | −€164.8M | −€177.5M | −€135.0M | −€48.9M | −€48.9M | −€54.5M | −€54.5M | −€24.8M | −€32.7M | −€28.7M |
| Income taxes | €104,000 | −€621,365 | −€621,365 | −€1.6M | €194,000 | €119,000 | €119,000 | €614,000 | €614,000 | −€1,000 | −€3.2M | −€2.2M |
| Net income | −€70.4M | −€176.9M | −€176.9M | −€175.9M | −€135.2M | −€49.0M | −€49.0M | −€55.2M | −€55.2M | −€24.8M | −€29.5M | −€26.5M |
| EBITDA | −€70.7M | −€77.7M | −€77.7M | −€165.8M | −€117.8M | −€51.8M | −€51.8M | −€46.2M | −€48.0M | −€23.4M | −€32.9M | −€28.2M |
| Gross margin | 64.9% | −4,062.1% | −4,062.1% | 61.7% | 108.1% | 80.8% | 100.0% | 96.6% | 96.6% | 96.9% | −677.6% | 86.2% |
| Operating margin | −5,393.7% | −257,580.5% | −257,580.5% | −1,275.3% | −700.9% | −1,911.1% | −1,911.1% | −288.4% | −288.4% | −153.2% | −54,509.0% | −757.0% |
| Net margin | −5,394.8% | −614,683.2% | −614,683.2% | −3,948.9% | −2,091.3% | −1,793.3% | −1,793.3% | −333.5% | −333.5% | −160.9% | −43,979.1% | −653.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in IVA's financial statements (latest annual report filed April 8, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IVA financial results
In fiscal year 2025 (ended December 31, 2025), Inventiva reported revenue of €4.5 million, down 51.3% from the year before. It had a net loss of €340.2 million, a net profit margin of −7,587.8%. Over five years revenue grew at an average rate of 64.5% a year. Figures are in euros, the currency of its financial statements.
See the IVA stock overview for the latest quote and news, or the IVA chart for price history and technical indicators.
IVA income statement FAQ
What is Inventiva's annual revenue?
Inventiva reported total revenue of €4.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 51.3% from €9.2 million the previous year.
Is Inventiva profitable?
No. Inventiva reported a net loss of €340.2 million in fiscal 2025, a net profit margin of −7,587.8%; its operating margin was −2,921.0%.
What is Inventiva's gross margin?
Inventiva's gross margin was 33.7% in fiscal 2025: for every $100 of revenue, Inventiva kept $34 after the direct cost of its products and services.
How much does Inventiva spend on research and development?
Inventiva spent €83.6 million on research and development in fiscal 2025, 1,865.0% of revenue.
How fast is Inventiva growing?
Revenue grew 64.5% a year on average over the last five fiscal years, from €0.4 million to €4.5 million.
When does Inventiva's fiscal year end?
Inventiva's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 8, 2026.