Ionis Pharmaceuticals, Inc.

Ionis Pharmaceuticals, Inc.

IONSยทNASDAQ

$73.82

+1.2%
HealthcareBiotechnology

Ionis Pharmaceuticals, Inc. discovers and develops RNA-targeted therapeutics in the United States. The company offers SPINRAZA for spinal muscular atrophy (SMA) in pediatric and adult patients; TEGSEDI, an injection for the treatment of polyneuropathy of hereditary transthyretin-mediated amyloidosis in adults; and WAYLIVRA, a treatment for familial chylomicronemia syndrome and familial partial lipodystrophy. It also develops medicines for various indications that are in phase 3 study, including Eplontersen as a monthly self-administered subcutaneous injection to treat all types of TTR amyloidosis; Olezarsen for patients with severe hypertriglyceridemia (SHTG); Donidalorsen for patients with hereditary angioedema; ION363 for patients with amyotrophic lateral sclerosis; Pelacarsen for patients with established cardiovascular disease and elevated lipoprotein(a); and Tofersen to inhibit the production of superoxide dismutase 1. In addition, the company develops medicines for metabolic diseases, infectious diseases, renal diseases, ophthalmic diseases, and cancer. It has a strategic collaboration with Biogen Inc.; and collaboration and license agreement with AstraZeneca, Bayer AG, GlaxoSmithKline plc, Novartis AG, Roche, Janssen Biotech, Inc., and Flamingo Therapeutics, Inc. Ionis Pharmaceuticals, Inc. was founded in 1989 and is based in Carlsbad, California.

At a Glance

Live Snapshot
Market Cap$12.20B
EPS-2.3800
P/E Ratio-31.02
Earnings Date07/29/2026
3Y+39.0%
5Y+47.0%
10Y+286.0%
3Y+55.0%
5Y+84.0%
10Y+273.0%
3Y-15.0%
5Y-34.0%
10Y+391.0%
ions

Ionis Pharmaceuticals, Inc. Funding & Solvency Profile

IONS ยท NASDAQ
Cash & Cash Equivalents372.26M
Net Receivables66.00M
Inventory10.05M
Other Current Assets247.00M
Total Current Assets3 B
Property, Plant & Equipment362.00M
Goodwill & Intangible Assets0.00
Long-Term Investments52.21M
Other Non-Current Assets119.39M
Total Non-Current Assets534 M
Total Assets
3.52B

Financial Health Analysis

Current Ratio

3.83x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

6.20x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

85% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Ionis Pharmaceuticals, Inc. Balance Sheet

IONS โ€ข NASDAQ

Ionis Pharmaceuticals, Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
ASSETS
CURRENT ASSETS
372.3M
242.1M
399.3M
276.5M
869.2M
397.7M
683.3M
278.8M
129.6M
84.7M
128.8M
143M
160M
124.5M
65.5M
70.1M
105.3M
217.9M
138.6M
114.5M
2.3B
2.1B
1.9B
1.7B
1.3B
1.5B
1.8B
1.8B
893.1M
2.4M
24.8M
81.9M
52.1M
33.6M
278.2M
402.3M
469.1M
273.1M
55.1M
78.8M
2.7B
2.3B
2.3B
2B
2.1B
1.9B
2.5B
2.1B
1B
665.2M
804M
810.7M
708.9M
408.1M
343.7M
472.4M
574.3M
491M
193.7M
193.3M
66M
92.2M
97.8M
25.5M
61.9M
76.2M
63M
12.8M
63M
108M
11.4M
3.9M
11.1M
522K
6.9M
1.2M
10.9M
4.1M
6.2M
2.4M
66M
92.2M
97.8M
25.5M
61.9M
76.2M
63M
12.8M
63M
108M
11.4M
3.9M
11.1M
522K
6.9M
1.2M
10.9M
4.1M
6.2M
2.4M
10M
12.5M
7.4M
22M
24.8M
22M
18.2M
8.6M
10M
7.5M
6.9M
6.3M
8M
6.1M
4.1M
2.5M
2.8M
2.7M
2.8M
861K
247M
217.9M
205.4M
157.7M
125.2M
140.2M
139.8M
102.5M
73.1M
17.2M
14.8M
15.7M
7.5M
8.7M
5.4M
7.1M
8.1M
20.5M
4.6M
9.6M
3B
2.6B
2.6B
2.2B
2.3B
2.1B
2.7B
2.2B
1.2B
797.9M
837M
836.6M
735.5M
423.4M
360.1M
483.1M
596.1M
518.4M
207.3M
206.2M
NON-CURRENT ASSETS
362M
256.1M
242.9M
255.8M
196M
181.1M
153.7M
132.2M
121.9M
92.8M
90.2M
89M
86.2M
91.1M
96.6M
35.7M
27.3M
17.4M
7.1M
7.2M
0.0
0.0
0.0
0.0
29M
27.9M
25.7M
24M
22M
20.4M
19.3M
19.9M
20.1M
25.2M
16.3M
15.8M
30.5M
33.1M
36.9M
38.3M
0.0
0.0
0.0
0.0
29M
27.9M
25.7M
24M
22M
20.4M
19.3M
19.9M
20.1M
25.2M
16.3M
15.8M
30.5M
33.1M
36.9M
38.3M
52.2M
41M
43M
40.4M
32.3M
15.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
870K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
305.6M
290.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
119.4M
86.3M
62.3M
35M
9.3M
35M
27.6M
12.9M
10.1M
1.3M
1.3M
13.1M
5.4M
5.9M
2.8M
14.9M
17.8M
5.3M
7.6M
4.3M
533.2M
383.4M
348.2M
331.2M
266.6M
259M
512.5M
459.9M
154M
114.5M
110.9M
119.2M
111.6M
122.2M
124.8M
67.3M
61.1M
55.8M
51.5M
49.7M
3.5B
3B
3B
2.5B
2.6B
2.4B
3.2B
2.7B
1.3B
912.5M
947.9M
955.8M
847.2M
545.7M
484.9M
550.5M
657.2M
574.2M
258.9M
255.9M
LIABILITIES
CURRENT LIABILITIES
30.8M
43M
28.2M
24.2M
11.9M
18.5M
48.6M
28.7M
24.9M
21.1M
28.4M
18M
11M
10.2M
8.3M
6.5M
12M
5.7M
4.5M
4.3M
28.1M
43M
26M
17.9M
11.9M
17.2M
16.1M
28.7M
24.9M
21.1M
28.4M
18M
11M
10.2M
8.3M
6.5M
4.7M
5.7M
4.5M
4.3M
2.7M
34K
2.2M
6.2M
36K
1.3M
32.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.3M
0.0
0.0
0.0
116.2M
108.4M
147.9M
140.1M
88.6M
90.2M
66.8M
47.5M
66.6M
36M
28.1M
30.5M
22.1M
15.4M
18.7M
12.4M
12.3M
16.4M
17.3M
12.3M
453.1M
9.3M
53.2M
7.5M
3.5M
308.8M
2M
13.7M
1.6M
1.2M
9M
2.9M
4.4M
4.9M
3.4M
5.6M
4.3M
2.1M
7.2M
7.5M
0.0
34K
2.2M
6.2M
36K
1.3M
32.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.3M
0.0
0.0
0.0
73.8M
79M
151.1M
90.6M
97.7M
108.4M
118.3M
160.3M
125.3M
51.3M
67.3M
51.7M
48.1M
35.9M
36.6M
74.5M
75.7M
92.7M
33.2M
1M
107.6M
69.6M
67.7M
49.2M
38.8M
73M
37.4M
29.3M
25.2M
24.2M
16.1M
12.3M
12.2M
7.9M
9.2M
6.8M
7.1M
7.9M
0.0
0.0
781.6M
309.3M
448.1M
311.6M
240.6M
598.9M
273M
280.3M
243.6M
133.8M
148.9M
115.3M
97.8M
74.3M
76.1M
105.9M
111.4M
124.7M
62.2M
25.1M
NON-CURRENT LIABILITIES
1.9B
1.2B
1.2B
1.2B
1.2B
600.1M
770M
628.1M
592.9M
500.5M
389.4M
375.5M
150.3M
144M
141.4M
148.8M
136.6M
172.4M
162.9M
125M
92M
156.5M
241.2M
287.8M
351.9M
424M
490.1M
567.4M
108M
91.2M
134.3M
127.8M
142.8M
66.7M
17.5M
50.4M
107.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
44K
0.0
542.2M
513.7M
0.0
0.0
23.4M
15.5M
4.9M
13M
15.1M
2.3M
7.7M
6.5M
7.4M
8.5M
870K
0.0
172.8M
23.5M
0.0
2.3B
2.1B
2.2B
1.6B
1.6B
1B
1.3B
1.2B
713.9M
679.1M
598.2M
582.7M
371M
288.6M
237.3M
200M
243.7M
345.2M
186.4M
132.9M
262.4M
161.8M
170.9M
178.9M
19.4M
0.0
15.5M
4.9M
13M
72.4M
72.2M
71.7M
71.3M
70.6M
74M
15.9M
11.5M
9.9M
362K
7.8M
3B
2.4B
2.6B
2B
1.8B
1.6B
1.5B
1.5B
957.5M
812.9M
747.1M
698M
468.8M
362.9M
313.5M
305.9M
355.1M
469.9M
248.6M
158M
SHAREHOLDERS' EQUITY
163K
158K
144K
142K
141K
140K
140K
138K
125K
122K
120K
118K
116K
102K
100K
99K
99K
97K
87K
82K
3.1B
2.9B
2.2B
2.1B
2B
1.9B
2.2B
2B
1.6B
1.3B
1.3B
1.2B
1.3B
1.1B
1B
1B
985.6M
905.7M
828M
881M
-2.6B
-2.2B
-1.8B
-1.4B
-1.2B
-1.1B
-707.5M
-967.3M
-1.2B
-1.2B
-1.1B
-1B
-967.6M
-907M
-841.5M
-756.7M
-696.2M
-839.7M
-827.7M
-816.8M
-25.3M
-30.8M
-32.6M
-57.5M
-32.7M
-21.1M
-25.3M
-32M
-31.8M
-30.4M
-13.6M
39.7M
21.1M
12.5M
-770K
949K
2.2M
982K
538K
4.3M
489.1M
588.4M
386.7M
572.9M
771.7M
743.3M
1.5B
1B
281M
99.6M
200.8M
257.8M
378.4M
182.8M
171.4M
244.5M
291.7M
67.1M
872K
68.6M
489.1M
588.4M
386.7M
572.9M
771.7M
743.3M
1.7B
1.2B
365.3M
99.6M
200.8M
257.8M
378.4M
182.8M
171.4M
244.5M
302.1M
104.2M
10.2M
97.9M
0.0
0.0
0.0
0.0
0.0
0.0
213.5M
139.1M
84.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.3M
37.2M
9.4M
29.3M
SUMMARY
3.5B
3B
3B
2.5B
2.6B
2.4B
3.2B
2.7B
1.3B
912.5M
947.9M
955.8M
847.2M
545.7M
484.9M
550.5M
657.2M
574.2M
258.9M
255.9M
2.4B
2.1B
2B
1.8B
1.3B
1.5B
1.8B
1.8B
893.1M
2.4M
24.8M
667.7M
52.1M
33.6M
278.2M
403.2M
469.1M
273.1M
55.1M
78.8M
2.6B
1.4B
1.5B
1.4B
1.3B
908.9M
772M
641.8M
594.5M
574.1M
470.6M
450.1M
226M
219.4M
214.7M
154.4M
140.8M
174.5M
170.1M
140.3M
2.2B
1.2B
1.1B
1.1B
381.9M
511.3M
88.7M
363M
464.9M
489.4M
341.8M
307.1M
66.1M
94.9M
149.2M
84.4M
35.6M
-43.4M
31.5M
25.8M
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297
158,908,297

SEC Filings

IONS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 04, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 03, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 12, 2026
2026
8-K

8-K 2026

N/A

January 07, 2026
January 07, 2026
2026
Showing 1 to 10 of 510 filings