Ionis Pharmaceuticals, Inc.
Financials
Valuation Metrics
Ionis Pharmaceuticals, Inc.'s Market Cap is $7.34B. At end of 2025 it was $12.82B. Ranked #1072 of 3,121 in US market (top 34%), #353 of 1,463 on NASDAQ (top 24%), #59 of 266 in Pharmaceuticals, Biotechnology & Life Sciences (top 22%) by Market Cap.
Investment Metrics(as of 2026-09-18)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $7.34B | US#1,072/3,121 Sec#59/266 |
| Revenue | $874M | US#1,948/3,121 Sec#56/266 |
| Net Income | $-565M | US—/3,121 Sec—/266 |
| Total Assets | $2.99B | US#1,824/3,121 Sec#47/266 |
| Net Assets | $440M | US#2,320/3,121 Sec#123/266 |
| Employees | 1,480 | US#1,839/3,121 Sec#46/266 |
| Value | ||
| P/B | 16.70x | US#2,771/3,121 Sec#217/266 |
| P/S | 8.41x | US#2,648/3,121 Sec#108/266 |
| EV/EBITDA | 2.17x | US#23/3,121 Sec#4/266 |
| FCF Yield | -7.61% | US—/3,121 Sec—/266 |
| Profitability | ||
| ROE | -128.44% | US#2,815/3,121 Sec#209/266 |
| ROA | -18.86% | US#2,783/3,121 Sec#126/266 |
| Op. Margin | -68.08% | US#2,700/3,121 Sec#113/266 |
| Revenue Growth | -7.45% | US#2,558/3,121 Sec#144/266 |
| Financial Health | ||
| Debt Ratio | 581.14% | US#2,416/3,121 Sec#226/266 |
| Total Debt | $2.42B | US#1,074/3,121 Sec#31/266 |
| FCF | $-559M | US#2,917/3,121 Sec#256/266 |
| Cash | $350M | US#1,312/3,121 Sec#73/266 |
| Current Ratio | 7.88x | US#324/3,121 Sec#101/266 |
| Net Debt/EBITDA | 0.48x | US#772/3,121 Sec#40/266 |
| Performance | ||
| 1Y Return | -28.02% | US#2,484/3,121 Sec#215/266 |
| 1M Return | -26.91% | US#3,002/3,121 Sec#245/266 |
| From 52W High | -48.77% | US#2,624/3,121 Sec#208/266 |
| 1Y MDD | -48.62% | US#2,375/3,121 Sec#173/266 |
| Trading | ||
| Volume | 6,921,109 shares | US#424/3,121 Sec#35/266 |
| Trading Value | $313M | US#485/3,121 Sec#27/266 |
| Per Share | ||
| EPS | $-3.42 | US—/3,121 Sec—/266 |
| BPS | $2.66 | US#2,525/3,121 Sec#167/266 |
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.