$73.82
+1.2%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.
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
IONS โข NASDAQ
| Ionis Pharmaceuticals, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
-381.4M | -453.9M | -366.3M | -269.7M | -28.6M | -486.8M | 303.3M | 215M | -17.3M | -86.6M | -88.3M | -39M | -60.6M | -65.5M | -84.8M | -61.3M | 150.7M | -12M | -11M | -45.9M | |
22.7M | 19.7M | 22.5M | 22.1M | 19.6M | 17.2M | 16M | 12.5M | 8.3M | 9M | 10.2M | 9.4M | 9.8M | 10.8M | 11.8M | 9.2M | 11.3M | 6.8M | 6.8M | 7.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 25.3M | 313.3M | -7.1M | -290.5M | 14.1M | 10.7M | -12.5M | -12.8M | -5.9M | -9.1M | 13.8M | 16.2M | 5.3M | -26.3M | -37.2M | -31M | |
0.0 | 130.2M | 105.8M | 100.3M | 120.7M | 230.1M | 146.6M | 131.3M | 86M | 72.1M | 59.3M | 31.4M | 11.4M | 8.6M | 9.8M | 12.2M | 13.4M | 15.1M | 9.9M | 5.7M | |
141.3M | 12.5M | 7.7M | -134.6M | 7.7M | 35.7M | 55.7M | 35.2M | 39.5M | 34.1M | 31.8M | 12.1M | 22.8M | 6.9M | 1.9M | 1.5M | -185M | 17.5M | 14M | 8.2M | |
(0.0) | (0.0) | (48.3M) | (5M) | (38K) | (25.9M) | (9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2K) | (0.0) | (2K) | (7.3M) | (13.2M) | (0.0) | (0.0) | (0.0) | |
-51.2M | -209.4M | -77.3M | 7.6M | -113.8M | -73.6M | -168.7M | 499.4M | 43.6M | -151.5M | 20.6M | 5.2M | 86M | 50.2M | -67.4M | -41.4M | -104.1M | 210.9M | 53.6M | 2.6M | |
-268.6M | -500.9M | -307.5M | -274.4M | 30.8M | 35.9M | 345.7M | 602.9M | 174.1M | -112.1M | 21.1M | 6.3M | 63.5M | 1.9M | -114.8M | -63.6M | -108.4M | 212M | 36.1M | -53.2M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-51.4M | -45.3M | -23.8M | -20.1M | -17.9M | -41M | -36.3M | -17.7M | -37.9M | -11.5M | -11.7M | -11.1M | -5.4M | -5.2M | -11M | -17.6M | -16.3M | -17.1M | -5M | -2.6M | |
(0.0) | (0.0) | (22K) | (254.1M) | (5.9M) | (5.9M) | (5.4M) | (4M) | (2.5M) | (4.5M) | (25.5M) | (22.9M) | (3.8M) | -3M | (3.7M) | (6M) | (2.9M) | (3.4M) | -80.4M | (1.5M) | |
-1.9B | -1.9B | -1.8B | -1.5B | -1.1B | -1.6B | -2B | -1.8B | -880.3M | -300.9M | -493.5M | -391.9M | -425.6M | -221.7M | -371.5M | -530.4M | -777.7M | -483.1M | -95.4M | -107M | |
1.7B | 1.8B | 1.6B | 989.2M | 1.3B | 1.9B | 2B | 882.8M | 557.4M | 364.6M | 419.6M | 297.2M | 175.2M | 244.8M | 493.4M | 577.5M | 581.7M | 266M | 125.1M | 77M | |
-5.6M | -5.1M | -4.2M | 0.0 | -5.9M | -5.9M | -5.4M | -4M | -323.5M | 63.7M | -52.4M | -75.3M | -3.8M | 3M | -3.7M | -11.9M | -2.9M | -3.4M | -83.1M | -1.5M | |
-277.8M | -134M | -214.1M | -262.6M | (194.9M) | (274.5M) | -41.3M | -929.6M | -358.3M | (56.6M) | -60.1M | -82.8M | -255.7M | (18M) | (110.9M) | (23.7M) | -212.3M | -234.2M | -55.6M | -32.6M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
192.6M | 522.7M | 49.4M | 6.4M | 85.7M | -38.5M | 85.3M | 475.9M | 255.1M | 13.4M | 24.9M | 23.1M | 173.3M | 0.0 | 3.6M | 4.4M | 13.2M | 62.7M | 11.4M | 86.4M | |
483.2M | -44.7M | 86.9M | -50.7M | 313.6M | 0.0 | 97M | 0.0 | -24M | -3.1M | -558K | 35.1M | -8.5M | 29.7M | -4.2M | 340K | 3.6M | 4.8M | 22.3M | -7.9M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -90.5M | -34.4M | (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 | 507.7M | -11M | -153.3M | -492.7M | -82.2M | 0.0 | -2M | 1M | 396K | 1.5M | 236.3M | 9.5M | 0.0 | 0.0 | 185.3M | 40.1M | 10M | 71M | |
675.8M | 478.1M | 644.1M | -55.3M | 245.9M | -596.6M | 100M | 475.9M | 229.1M | 11.4M | 24.7M | 59.6M | 227.7M | 39.1M | -672K | 4.7M | 202M | 107.6M | 43.7M | 149.5M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
702K | -273K | 352K | -418K | -111K | 617K | 93K | -18K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
130.2M | -157.2M | 122.8M | -592.7M | 471.5M | -285.6M | 404.5M | 149.2M | 44.9M | -44.1M | -14.2M | -17M | 35.5M | 59M | -4.6M | -35.2M | -118.7M | 85.4M | 24.1M | 63.6M | |
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 | 224M | 138.6M | 114.5M | 50.9M | |
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 | 224M | 138.6M | 114.5M | |
-320M | -546.2M | -335.5M | -294.5M | 12.9M | -5.2M | 309.4M | 585.2M | 136.3M | -123.6M | 9.4M | -4.8M | 58.1M | -3.3M | -125.8M | -81.1M | -124.7M | 195M | 31.1M | -55.8M |
IONS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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