Ionis Pharmaceuticals (IONS) EBITDA Margin (2009 - 2026)

Ionis Pharmaceuticals (IONS) posted quarterly EBITDA Margin of 38.18% for Q2 2026, down 6911.0% year-over-year from 0.56% in Q2 2025, and up 83.74% quarter-over-quarter from 234.85% in Q1 2026.

Ionis Pharmaceuticals (IONS) EBITDA Margin (2009 - 2026) Analysis & Trends

Ionis Pharmaceuticals' EBITDA Margin history runs 18 years deep, the most recent figure standing at 38.18% for Q2 2026.

  • In Q2 2026, EBITDA Margin fell 6911.0% year-over-year to 38.18%; the TTM figure through Jun 2026 stood at 87.66% (down 5943.0% YoY), while the FY2025 annual figure was 40.45%, up 2693.0% from the prior year.
  • EBITDA Margin for Q2 2026 stood at 38.18%, up from 234.85% in the prior quarter.
  • The five-year high for EBITDA Margin was 30.93% in Q2 2025, with the low at 234.85% in Q1 2026.
  • The 5-year median for EBITDA Margin is 75.68% (2023), against an average of 77.27%.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin tumbled 18709 bps in 2022, then jumped 13507 bps in 2023.
  • Ionis Pharmaceuticals' EBITDA Margin stood at 136.95% in 2022, then surged by 99 bps to 1.89% in 2023, then plunged by 2493 bps to 48.91% in 2024, then sank by 116 bps to 105.47% in 2025, then surged by 64 bps to 38.18% in 2026.
  • Business Quant data shows IONS's EBITDA Margin at 38.18% in Q2 2026, 234.85% in Q1 2026, and 105.47% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 37.40%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 30.15%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 31.68%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 19.06%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -77,569,866.34%
7 Royalty Pharma 33.72 Bn 35.84 Bn - 19.75%
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 17.93%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -0.36%
10 Ionis Pharmaceuticals 9.48 Bn 7.43 Bn 265.21 Mn -38.18%

Historic Data

Download Data
DateValue
Jun 30, 2026 -38.18%
Mar 31, 2026 -234.85%
Dec 31, 2025 -105.47%
Sep 30, 2025 -102.21%
Jun 30, 2025 30.93%
Mar 31, 2025 -111.59%
Dec 31, 2024 -48.91%
Sep 30, 2024 -111.09%
Jun 30, 2024 -29.34%
Mar 31, 2024 -125.12%
Dec 31, 2023 -1.89%
Sep 30, 2023 -99.35%
Jun 30, 2023 -47.87%
Mar 31, 2023 -87.45%
Dec 31, 2022 -136.95%
Sep 30, 2022 -37.03%
Jun 30, 2022 -63.92%
Mar 31, 2022 -40.52%
Dec 31, 2021 50.14%
Sep 30, 2021 -64.50%