Ionis Pharmaceuticals (IONS) EBIT (2009 - 2026)

Ionis Pharmaceuticals (IONS) recorded quarterly EBIT of -$117.4 million in Q1 2026, up 45.25% quarter-over-quarter from -$214.5 million in Q4 2025, and up 20.04% on a YoY basis from -$97.8 million in Q1 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.

  • In Q1 2026, EBIT rose 20.04% year-over-year to -$117.4 million; the TTM figure through Mar 2026 stood at -$352.2 million (up 25.44% YoY), while the FY2025 annual figure was -$79.7 million, up 17.49% from the prior year.
  • EBIT was -$117.4 million for Q1 2026 at Ionis Pharmaceuticals, up from -$214.5 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $139.8 million in Q2 2025 to a low of -$214.5 million in Q4 2025.
  • Historically, EBIT has averaged -$102.2 million across 5 years, with a median of -$114.1 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: EBIT plunged 1710.21% in 2024, then soared 311.55% in 2025.
  • A 5-year view of EBIT shows it stood at -$208.0 million in 2022, then jumped by 97.06% to -$6.1 million in 2023, then slumped by 1710.21% to -$110.8 million in 2024, then slumped by 93.52% to -$214.5 million in 2025, then surged by 45.25% to -$117.4 million in 2026.
  • The last three EBIT figures came in at -$117.4 million (Q1 2026), -$214.5 million (Q4 2025), and -$160.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.51 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Ionis Pharmaceuticals 12.23 Bn 10.31 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