Ionis Pharmaceuticals, Inc.
Financials
Valuation Metrics
Ionis Pharmaceuticals, Inc.'s Market Cap is $6.81B. At end of 2025 it was $12.82B. Ranked #1086 of 3,116 in US market (top 35%), #351 of 1,472 on NASDAQ (top 24%), #58 of 265 in Pharmaceuticals, Biotechnology & Life Sciences (top 22%) by Market Cap.
Investment Metrics(as of 2026-11-02)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $6.81B | US#1,086/3,116 Sec#58/265 |
| Revenue | $874M | US#1,927/3,116 Sec#57/265 |
| Net Income | $-565M | US—/3,116 Sec—/265 |
| Total Assets | $2.99B | US#1,814/3,116 Sec#47/265 |
| Net Assets | $440M | US#2,303/3,116 Sec#121/265 |
| Employees | 1,480 | US#1,829/3,116 Sec#46/265 |
| Value | ||
| P/B | 15.49x | US#2,744/3,116 Sec#208/265 |
| P/S | 7.79x | US#2,617/3,116 Sec#105/265 |
| EV/EBITDA | 2.05x | US#23/3,116 Sec#4/265 |
| FCF Yield | -8.21% | US—/3,116 Sec—/265 |
| Profitability | ||
| ROE | -128.44% | US#2,804/3,116 Sec#209/265 |
| ROA | -18.86% | US#2,774/3,116 Sec#128/265 |
| Op. Margin | -68.08% | US#2,672/3,116 Sec#113/265 |
| Revenue Growth | -7.45% | US#2,503/3,116 Sec#141/265 |
| Financial Health | ||
| Debt Ratio | 581.14% | US#2,404/3,116 Sec#223/265 |
| Total Debt | $2.42B | US#1,061/3,116 Sec#31/265 |
| FCF | $-559M | US#2,913/3,116 Sec#255/265 |
| Cash | $350M | US#1,304/3,116 Sec#73/265 |
| Current Ratio | 7.88x | US#318/3,116 Sec#99/265 |
| Net Debt/EBITDA | 0.48x | US#772/3,116 Sec#40/265 |
| Performance | ||
| 1Y Return | -44.54% | US#2,724/3,116 Sec#227/265 |
| 1M Return | -5.35% | US#2,169/3,116 Sec#152/265 |
| From 52W High | -52.49% | US#2,641/3,116 Sec#198/265 |
| 1Y MDD | -52.36% | US#2,436/3,116 Sec#169/265 |
| Trading | ||
| Volume | 1,953,333 shares | US#1,046/3,116 Sec#104/265 |
| Trading Value | $82M | US#1,017/3,116 Sec#63/265 |
| Per Share | ||
| EPS | $-3.42 | US—/3,116 Sec—/265 |
| BPS | $2.66 | US#2,514/3,116 Sec#164/265 |
Company Info
Founded in 1989 and headquartered in Carlsbad, California, Ionis Pharmaceuticals, Inc. is a biopharmaceutical company specializing in the discovery and development of RNA-targeted therapies within the United States. Its commercial portfolio includes three key medications: SPINRAZA, prescribed for spinal muscular atrophy (SMA) in both children and adults; TEGSEDI, an injectable treatment targeting polyneuropathy associated with hereditary transthyretin-mediated amyloidosis in adult patients; and WAYLIVRA, which addresses familial chylomicronemia syndrome and familial partial lipodystrophy. Ionis also maintains a robust pipeline, with several drug candidates currently in Phase 3 clinical trials. These include Eplontersen, a monthly self-administered subcutaneous injection designed for all forms of TTR amyloidosis; Olezarsen, intended for individuals with severe hypertriglyceridemia (SHTG); Donidalorsen, for patients suffering from hereditary angioedema; ION363, aimed at amyotrophic lateral sclerosis (ALS); Pelacarsen, developed for those with established cardiovascular disease and elevated lipoprotein(a); and Tofersen, which works by inhibiting the production of superoxide dismutase 1. Beyond these late-stage assets, the company is actively researching treatments for metabolic, infectious, renal, and ophthalmic diseases, as well as various types of cancer. The firm engages in significant collaborations, notably a strategic partnership with Biogen Inc. Additionally, it holds licensing and collaboration agreements with AstraZeneca, Bayer AG, GlaxoSmithKline plc, Novartis AG, Roche, Janssen Biotech, Inc., and Flamingo Therapeutics, Inc.