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

Ionis Pharmaceuticals' (IONS) quarterly EBITDA Margin came in at 47.72% in Q1 2026, up 6387.0% year-on-year from 0.74% in Q1 2025, and up 54.76% quarter-over-quarter from 105.47% in Q4 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.

  • On a quarterly basis, EBITDA Margin rose 6387.0% year-over-year to 47.72% in Q1 2026; TTM through Mar 2026 was 57.92%, a 794.0% increase from a year earlier, with the FY2025 full-year figure at 40.45%, up 2693.0% from the prior year.
  • EBITDA Margin improved to 47.72% in Q1 2026 per IONS's latest filing, from 105.47% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 6990.8% in Q2 2025 and bottomed at 136.95% in Q4 2022.
  • The 5-year median for EBITDA Margin is 63.92% (2022), against an average of 340.85%.
  • Across the five-year window, EBITDA Margin plunged 18709 bps in 2022 and surged 702014 bps in 2025, its largest moves.
  • Year by year, EBITDA Margin stood at 136.95% in 2022, then soared by 99 bps to 1.89% in 2023, then tumbled by 2493 bps to 48.91% in 2024, then plunged by 116 bps to 105.47% in 2025, then jumped by 55 bps to 47.72% in 2026.
  • Per Business Quant, the three latest IONS EBITDA Margin figures stand at 47.72% (Q1 2026), 105.47% (Q4 2025), and 102.21% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 16.51%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 38.10%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 17.83%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 31.68%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Ionis Pharmaceuticals 9.21 Bn 7.29 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%