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

Ionis Pharmaceuticals (IONS) recorded quarterly EBITDA Margin of 47.72% in Q1 2026, up 54.76% quarter-over-quarter from 105.47% in Q4 2025, and up 6387.0% on a YoY basis from 0.74% in Q1 2025.

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

Ionis Pharmaceuticals' EBITDA Margin history runs 18 years deep, the most recent figure standing at 47.72% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 6387.0% year-over-year to 47.72%; the TTM figure through Mar 2026 stood at 57.92% (up 794.0% YoY), while the FY2025 annual figure was 8.45%, up 525.0% from the prior year.
  • EBITDA Margin was 47.72% for Q1 2026 at Ionis Pharmaceuticals, up from 105.47% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 6990.8% in Q2 2025 to a low of 136.95% in Q4 2022.
  • Historically, EBITDA Margin has averaged 340.85% across 5 years, with a median of 63.92% in 2022.
  • The sharpest annual moves came in 2022 and 2025: EBITDA Margin plunged 18709 bps in 2022, then soared 702014 bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 136.95% in 2022, then soared by 99 bps to 1.89% in 2023, then sank by 2493 bps to 48.91% in 2024, then slumped by 116 bps to 105.47% in 2025, then jumped by 55 bps to 47.72% in 2026.
  • The last three EBITDA Margin figures came in at 47.72% (Q1 2026), 105.47% (Q4 2025), and 102.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -6.43%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 38.10%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ionis Pharmaceuticals 12.23 Bn 10.31 Bn 243.11 Mn -47.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 -47.72%
Dec 31, 2025 -105.47%
Sep 30, 2025 -102.21%
Jun 30, 2025 6,990.80%
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%
Jun 30, 2021 -58.03%