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) Revenue growth

Alert me on Revenue growth

Ionis Pharmaceuticals, Inc.'s revenue growth over the twelve months to 30 June 2026 was −7.41%, down 41.2 percentage points from fiscal 2025 (33.8%). Over the past ten years it has ranged from −35.0% (fiscal 2020) to 87.2% (fiscal 2019); the current reading is higher than 73% of that period. That is below the Biotechnology industry median of 6.26% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 33.8% 44.31
FY2024 −10.5% (44.58)
FY2023 34.1% 61.63
FY2022 −27.5% (38.66)
FY2021 11.1% 46.17
FY2020 −35.0% (122.24)
FY2019 87.2% 70.57
FY2018 16.6% (21.30)
FY2017 37.9% 6.53
FY2016 31.4% (1.07)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 −40.7% (127.71)
Mar 2026 87.0% 97.24
Dec 2025 −10.3% (27.38)
Sep 2025 17.1% (83.57)
42 more quarters

Against its own ten years

Low −35.0% High 87.2%
Ten-year median 31.4%
Current reading's percentile 73

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on IONS