IONS — IONIS PHARMACEUTICALS INC

Nasdaq · Health Care · Pharmaceuticals · CIK 874015 ·
Last close
$74.58
Market Cap
$12.33B
52W High
$79.19
52W Low
$68.90
ADV30
1,772,750
Next earnings
2026-08-05
Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. The company offers TRYNGOLZA reduces triglyceride levels in adults with familial chylomicronemia syndrome (FCS) and acute pancreatitis; DAWNZERA for prophylaxis to prevent attacks of hereditary angioedema in adults; WAINUA for the treatment of the polyneuropathy of hereditary transthyretin-medicated amyloidosis (ATTRv-PN) in adults; and SPINRAZA for pediatric and adult patients with spinal muscular atrophy (SMA). It also provides QALSODY for the treatment of Amyotrophic Lateral Sclerosis (ALS); TEGSEDI for the treatment of ATTRv-PN in adults; and WAYLIVRA for treatment for FCS and familial partial lipodystrophy. It also develops products under Phase 3 clinical trials, such as Olezarsen for patients with hypertriglyceridemia (SHTG) and cardiovascular disease (CVD); and Zilganerse, a potential treatment for people with genetically confirmed Alexander disease, as well as ION582 which is in Phase 3 clinical trial for the potential treatment of AS, a rare genetic neurological disease. In addition, the company develops Eplontersen to degrade mutant and wild-type TTR mRNA through binding to the TTR mRNA; Pelacarsen to inhibit the production of apolipoprotein(a) in the liver to offer a direct approach for reducing lipoprotein(a); Bepirovirsen to inhibit the production of viral proteins associated with hepatitis B virus; Sefaxersen to reduce the production of complement factor B and lower activation of the alternative complement pathway; and Ulefnersen to reduce the production of the fused in sarcoma, as well as other mid-stage pipeline investigational medicines. It has a strategic collaboration with Biogen for the treatment of neurological disorders; and collaboration and license agreement with GSK, AstraZeneca, Novartis, and Roche, as well as with Metagenomi. The company was incorporated in 1989 and is headquartered in Carlsbad, California.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 246,091,000 243,091,000 -117,482,000 -92,528,000 3,449,969,000 173,381,000 2,958,555,000
Dec 2025 203,330,000 195,373,000 -214,473,000 -229,394,000 3,523,836,000 372,260,000 3,034,747,000
Sep 2025 156,719,000 154,381,000 -160,173,000 -128,606,000 3,033,091,000 338,341,000 2,415,124,000
Jun 2025 452,049,000 447,898,000 139,838,000 123,551,000 2,985,133,000 297,304,000 2,353,409,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-910,627,000
Investing CF
$88,585,000
Financing CF
$730,899,000
CapEx
$-67,105,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-2.07
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-2,723,723,000
Inventory
$5,557,000
Receivables
$73,684,000
ST Investments
$1,745,732,000
EBIT TTM
$-241,891,000
Pretax Income TTM
$-325,088,000
Interest Exp TTM
$83,197,000
Analysts
23

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,058,190,016
EBITDA
$-338,648,992
Free Cash Flow
$-807,796,352
Enterprise Value
$12,785,989,632
Total Cash
$1,977,063,040
Total Debt
$2,609,644,032
Shares Out
165,262,556
Trailing EPS
$-2.01
Book Value
$2.96
ROE
-67.6%
ROA
-7.0%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 943,711,000 -381,717,000 -381,387,000 3,523,836,000 3,034,747,000 -268,583,000
Dec 2024 705,138,000 -475,107,000 -453,897,000 3,003,675,000 2,415,324,000 -500,947,000
Dec 2023 787,647,000 -353,730,000 -366,286,000 2,990,072,000 2,603,386,000 -307,513,000
Dec 2022 587,367,000 -410,191,000 -269,722,000 2,533,876,000 1,960,989,000 -274,370,000

TTM Snapshot

Revenues TTM
$570,881,000
NetIncome TTM
$-417,348,000
OpCashFlow TTM
$0
Assets (Latest)
$3,003,675,000
Forward EPS
$-0.62

Max Pain — expiry 2027-01-15

max pain strike: $45.00 · spot: $74.58 · call oi: 2,160 · put oi: 694
Expected Move to 2027-01-15: ±$21.66 (29.04%) — implied range $52.92$96.24 · ATM straddle on $75.00 strike

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BBIO BridgeBio Pharma, Inc. $13.26B $67.68
BMRN BIOMARIN PHARMACEUTICAL INC $11.19B $57.91

News headlines (Yahoo Finance, 1h cache)

Ionis announces appointment of Ludwig Hantson, Ph.D. to Board of Directors
2026-06-08 11:00 · Yahoo
Assessing Ionis Pharmaceuticals (IONS) Valuation After New Olezarsen Data Plans And Bullish Pipeline Updates
2026-06-06 15:11 · Yahoo
Ionis to present new analyses from CORE and CORE2 pivotal studies supporting olezarsen for severe hypertriglyceridemia (sHTG) at upcoming congresses
2026-06-04 11:00 · Yahoo
This $5.5 Million Exit Raises Questions After Wave Life Sciences' Rough First Quarter
2026-05-31 20:16 · Yahoo
Why Is Ionis Pharmaceuticals (IONS) Up 3.4% Since Last Earnings Report?
2026-05-29 15:30 · Yahoo
GSK’s hepatitis B drug touts functional curative potential in double Phase III win
2026-05-29 10:16 · Yahoo
JPMorgan says large-cap biotech is back as profits and pipelines fuel upside
2026-05-28 20:27 · Yahoo
Ionis partner GSK announces bepirovirsen achieves unprecedented functional cure rates with potential to redefine treatment for chronic hepatitis B
2026-05-28 08:45 · Yahoo
Tryngolza shows efficacy in severe hypertriglyceridemia as approval verdicts loom
2026-05-27 11:34 · Yahoo
[Latest] Global Bioprocess Automation Software Market Size/Share Worth USD 6.19 Billion by 2035 at a 14 CAGR: Healthcare Foresights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation,
2026-05-26 04:30 · Yahoo

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