Ionis Pharmaceuticals (IONS) Inventory (2017 - 2026)

Ionis Pharmaceuticals (IONS) recorded quarterly Inventory of $5.6 million in Q1 2026, down 44.7% quarter-over-quarter from $10.0 million in Q4 2025, and down 51.69% on a YoY basis from $11.5 million in Q1 2025.

Ionis Pharmaceuticals (IONS) Inventory (2017 - 2026) Analysis & Trends

Ionis Pharmaceuticals' Inventory history runs 10 years deep, the most recent figure standing at $5.6 million for Q1 2026.

  • In Q1 2026, Inventory fell 51.69% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $5.6 million (down 51.69% YoY), while the FY2025 annual figure was $10.0 million, down 19.69% from the prior year.
  • Inventory was $5.6 million for Q1 2026 at Ionis Pharmaceuticals, down from $10.0 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $30.3 million in Q1 2024 to a low of $5.6 million in Q1 2026.
  • Historically, Inventory has averaged $18.4 million across 5 years, with a median of $20.6 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Inventory jumped 68.15% in 2024, then plunged 70.47% in 2025.
  • A 5-year view of Inventory shows it stood at $22.0 million in 2022, then sank by 66.23% to $7.4 million in 2023, then surged by 68.15% to $12.5 million in 2024, then decreased by 19.69% to $10.0 million in 2025, then plunged by 44.7% to $5.6 million in 2026.
  • The last three Inventory figures came in at $5.6 million (Q1 2026), $10.0 million (Q4 2025), and $10.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (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 32.00 Mn
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 1.77 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ionis Pharmaceuticals 12.23 Bn 10.31 Bn 243.11 Mn 5.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.56 Mn
Dec 31, 2025 10.05 Mn
Sep 30, 2025 10.47 Mn
Jun 30, 2025 8.48 Mn
Mar 31, 2025 11.50 Mn
Dec 31, 2024 12.51 Mn
Sep 30, 2024 28.45 Mn
Jun 30, 2024 28.72 Mn
Mar 31, 2024 30.26 Mn
Dec 31, 2023 7.44 Mn
Sep 30, 2023 25.63 Mn
Jun 30, 2023 25.54 Mn
Mar 31, 2023 22.20 Mn
Dec 31, 2022 22.03 Mn
Sep 30, 2022 20.65 Mn
Jun 30, 2022 19.81 Mn
Mar 31, 2022 24.03 Mn
Dec 31, 2021 24.81 Mn
Sep 30, 2021 22.93 Mn
Jun 30, 2021 24.10 Mn