Ionis Pharmaceuticals (IONS) EBIT (2009 - 2026)

Ionis Pharmaceuticals' (IONS) quarterly EBIT came in at -$117.4 million in Q1 2026, up 20.04% year-on-year from -$97.8 million in Q1 2025, and up 45.25% quarter-over-quarter from -$214.5 million in Q4 2025.

Ionis Pharmaceuticals (IONS) EBIT (2009 - 2026) Analysis & Trends

Ionis Pharmaceuticals' EBIT history runs 18 years deep, the most recent figure standing at -$117.4 million for Q1 2026.

  • On a quarterly basis, EBIT rose 20.04% year-over-year to -$117.4 million in Q1 2026; TTM through Mar 2026 was -$352.2 million, a 25.44% increase from a year earlier, with the FY2025 full-year figure at -$381.7 million, up 19.66% from the prior year.
  • EBIT grew to -$117.4 million in Q1 2026 per IONS's latest filing, from -$214.5 million in the prior quarter.
  • Across five years, EBIT topped out at $139.8 million in Q2 2025 and bottomed at -$214.5 million in Q4 2025.
  • The 5-year median for EBIT is -$114.1 million (2023), against an average of -$102.2 million.
  • Across the five-year window, EBIT plunged 1710.21% in 2024 and surged 311.55% in 2025, its largest moves.
  • Year by year, EBIT stood at -$208.0 million in 2022, then jumped by 97.06% to -$6.1 million in 2023, then plunged by 1710.21% to -$110.8 million in 2024, then plunged by 93.52% to -$214.5 million in 2025, then surged by 45.25% to -$117.4 million in 2026.
  • Per Business Quant, the three latest IONS EBIT figures stand at -$117.4 million (Q1 2026), -$214.5 million (Q4 2025), and -$160.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Ionis Pharmaceuticals 9.35 Bn 7.43 Bn 243.11 Mn -117.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -117.42 Mn
Dec 31, 2025 -214.46 Mn
Sep 30, 2025 -160.18 Mn
Jun 30, 2025 139.82 Mn
Mar 31, 2025 -146.86 Mn
Dec 31, 2024 -110.82 Mn
Sep 30, 2024 -148.66 Mn
Jun 30, 2024 -66.09 Mn
Mar 31, 2024 -149.51 Mn
Dec 31, 2023 -6.12 Mn
Sep 30, 2023 -143.27 Mn
Jun 30, 2023 -90.20 Mn
Mar 31, 2023 -114.15 Mn
Dec 31, 2022 -208.02 Mn
Sep 30, 2022 -59.15 Mn
Jun 30, 2022 -85.51 Mn
Mar 31, 2022 -57.50 Mn
Dec 31, 2021 220.60 Mn
Sep 30, 2021 -85.85 Mn
Jun 30, 2021 -72.97 Mn