Ionis Pharmaceuticals Inc (IONS) stock
IONSNasdaqPharmaceutical PreparationsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 3/304% above fair value
$29.06+1.75 (+6.41%)
Close on Nov 13, 2026Market cap $4.83BP/E –Yield –
Ionis Pharmaceuticals gross margin
Gross margin is gross profit as a percentage of revenue.
Ionis Pharmaceuticals's gross margin for the twelve months ending Sep 30, 2026 was 98.2%. For fiscal 2025 it was 98.3%, against 98.4% the year before. The highest annual figure on record is 100.0% in fiscal 2016.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 98.3% | −0.1 |
| FY2024 | Dec 31, 2024 | 98.4% | −0.4 |
| FY2023 | Dec 31, 2023 | 98.8% | +1.2 |
| FY2022 | Dec 31, 2022 | 97.6% | −1.1 |
| FY2021 | Dec 31, 2021 | 98.7% | +0.3 |
| FY2020 | Dec 31, 2020 | 98.4% | −1.2 |
| FY2019 | Dec 31, 2019 | 99.6% | −0.1 |
| FY2018 | Dec 31, 2018 | 99.7% | −0.3 |
| FY2017 | Dec 31, 2017 | 100.0% | +0.0 |
| FY2016 | Dec 31, 2016 | 100.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 98.6% | +0.1 |
| Q2 FY2026 | Jun 30, 2026 | 99.0% | −0.1 |
| Q1 FY2026 | Mar 31, 2026 | 98.8% | −0.1 |
| Q4 FY2025 | Dec 31, 2025 | 96.1% | −2.2 |
| Q3 FY2025 | Sep 30, 2025 | 98.5% | −0.7 |
| Q2 FY2025 | Jun 30, 2025 | 99.1% | +0.9 |
| Q1 FY2025 | Mar 31, 2025 | 98.9% | +0.7 |
| Q4 FY2024 | Dec 31, 2024 | 98.3% | −0.7 |
| Q3 FY2024 | Sep 30, 2024 | 99.2% | +0.7 |
| Q2 FY2024 | Jun 30, 2024 | 98.2% | −0.5 |
| Q1 FY2024 | Mar 31, 2024 | 98.2% | −0.8 |
| Q4 FY2023 | Dec 31, 2023 | 99.1% | +1.5 |
| Q3 FY2023 | Sep 30, 2023 | 98.5% | −0.6 |
| Q2 FY2023 | Jun 30, 2023 | 98.7% | +2.2 |
| Q1 FY2023 | Mar 31, 2023 | 99.0% | +1.9 |
| Q4 FY2022 | Dec 31, 2022 | 97.6% | −1.9 |
| Q3 FY2022 | Sep 30, 2022 | 99.1% | +1.4 |
| Q2 FY2022 | Jun 30, 2022 | 96.5% | −1.2 |
| Q1 FY2022 | Mar 31, 2022 | 97.1% | −0.6 |
| Q4 FY2021 | Dec 31, 2021 | 99.5% | +0.6 |
| Q3 FY2021 | Sep 30, 2021 | 97.7% | −0.4 |
| Q2 FY2021 | Jun 30, 2021 | 97.6% | −0.3 |
| Q1 FY2021 | Mar 31, 2021 | 97.7% | −0.4 |
| Q4 FY2020 | Dec 31, 2020 | 98.9% | −0.9 |
| Q3 FY2020 | Sep 30, 2020 | 98.1% | −1.4 |
| Q2 FY2020 | Jun 30, 2020 | 97.9% | −1.2 |
| Q1 FY2020 | Mar 31, 2020 | 98.1% | −1.6 |
| Q4 FY2019 | Dec 31, 2019 | 99.8% | +0.7 |
| Q3 FY2019 | Sep 30, 2019 | 99.4% | −0.6 |
| Q2 FY2019 | Jun 30, 2019 | 99.2% | −0.8 |
| Q1 FY2019 | Mar 31, 2019 | 99.6% | −0.4 |
| Q4 FY2018 | Dec 31, 2018 | 99.1% | – |
| Q3 FY2018 | Sep 30, 2018 | 100.0% | – |
| Q2 FY2018 | Jun 30, 2018 | 100.0% | – |
| Q1 FY2018 | Mar 31, 2018 | 100.0% | – |
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