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Ionis Pharmaceuticals Inc

IONS

NASDAQ

Biotechnology

$57.24

USD

+1.37 (+2.45%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $9.28B

Volume 1.3M

Revenue

$874.09M

TTM

-7.4%

YoY

Gross Margin

98%

TTM

-0.7%

YoY

Net Income

$-565.17M

TTM

-110.7%

YoY

Operating Cash Flow

$-496.43M

TTM

-115.3%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Revenue

452.0

156.7

203.3

246.1

267.9

YoY Growth

+100.7%

+17.1%

-10.3%

+87.0%

-40.7%

Cost of Revenue

4.2

2.3

8.0

3.0

2.7

Gross Profit

447.9

154.4

195.4

243.1

265.2

Selling, General & Administrative

90.6

96.8

130.2

150.4

150.4

Other Operating Expenses

0.0

0.0

0.0

0.0

0.0

Total Operating Expenses

308.1

314.6

409.8

360.5

367.5

Operating Income

139.8

-160.2

-214.5

-117.4

-102.3

EBITDA

142.7

-157.3

-213.0

-113.5

-98.2

Other Income / Expense

6.5

30.3

-15.5

22.1

11.0

Total Other Income / Expense

-16.3

31.8

-13.5

25.1

-11.1

Income Before Income Taxes

123.5

-128.4

-227.9

-92.3

-113.4

Income Taxes

-0.0

0.2

1.5

0.2

1.3

Net Income

123.6

-128.6

-229.4

-92.5

-114.6

Consolidated Net Income / Loss

123.6

-128.6

-229.4

-92.5

-114.6

Net Income Attributable to Common Shareholders

123.6

-128.6

-229.4

-92.5

-114.6

Basic EPS

$0.78

-$0.80

-$1.41

-$0.56

-$0.69

Diluted EPS

$0.70

-$0.80

-$1.65

-$0.56

-$0.69

Basic Shares Outstanding

159.1M

159.8M

162.4M

164.9M

165.4M

Diluted Shares Outstanding

182.3M

159.8M

139.2M

164.9M

165.4M