Ionis Pharmaceuticals, Inc.

IONS Healthcare Biotechnology

Ionis Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $943.7 million, up 33.8% from fiscal 2024.

Revenue
−40.7%
EPS
−188.5%
Free cash flow
+299.3%
Total debt
+116.0%

Quarter to June 2026, against a year earlier

39.48 0.68 +1.75%
Market cap
$6.5B
P/E
0.0×
Fwd P/E
−12.2×
Dividend yield
—
F-score
4/9
Altman Z
2.12
Beneish M
−3.13
Dividend safety
n/a

Ionis Pharmaceuticals, Inc. (IONS) EBITDA

Alert me on EBITDA

Ionis Pharmaceuticals, Inc.'s EBITDA for fiscal 2025 was −$375.8M, compared with −$484.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$579.9M. Over the past ten years it has ranged from −$484.1M (fiscal 2024) to $377.3M (fiscal 2019); the current reading is higher than 18% of that period. Ionis Pharmaceuticals, Inc. ranks 584th of 594 Biotechnology companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 −$375.8M —
FY2024 −$484.1M —
FY2023 −$353.8M —
FY2022 −$375.3M —
FY2021 $12.1M —
FY2020 −$140.1M —
FY2019 $377.3M —
FY2018 −$14.7M —
FY2017 $82.3M 199.49%
FY2016 $27.5M —

Quarterly newest first

Period EBITDA Change
Jun 2026 −$96.2M —
Mar 2026 −$113.8M —
Dec 2025 −$210.8M —
Sep 2025 −$159.1M —
42 more quarters

Against its own ten years

Low −$484.1M High $377.3M
Ten-year median −$27.8M
Current reading's percentile 18

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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