Ionis Pharmaceuticals (IONS) Inventory Average (2018 - 2026)
Ionis Pharmaceuticals (IONS) recorded quarterly Inventory Average of $7.8 million in Q1 2026, down 23.94% quarter-over-quarter from $10.3 million in Q4 2025, and down 35.02% on a YoY basis from $12.0 million in Q1 2025.
Ionis Pharmaceuticals (IONS) Inventory Average (2018 - 2026) Analysis & Trends
Ionis Pharmaceuticals' Inventory Average history runs 9 years deep, the most recent figure standing at $7.8 million for Q1 2026.
- In Q1 2026, Inventory Average fell 35.02% year-over-year to $7.8 million; the TTM figure through Mar 2026 stood at $7.8 million (down 35.02% YoY), while the FY2025 annual figure was $11.3 million, up 13.07% from the prior year.
- Inventory Average was $7.8 million for Q1 2026 at Ionis Pharmaceuticals, down from $10.3 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $29.5 million in Q2 2024 to a low of $7.8 million in Q1 2026.
- Historically, Inventory Average has averaged $19.0 million across 5 years, with a median of $20.5 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Inventory Average grew 26.49% in 2023, then tumbled 66.85% in 2025.
- A 5-year view of Inventory Average shows it stood at $21.3 million in 2022, then fell by 22.5% to $16.5 million in 2023, then rose by 23.85% to $20.5 million in 2024, then tumbled by 49.91% to $10.3 million in 2025, then decreased by 23.94% to $7.8 million in 2026.
- The last three Inventory Average figures came in at $7.8 million (Q1 2026), $10.3 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (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 | 30.59 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 | 1.73 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Ionis Pharmaceuticals | 12.23 Bn | 10.31 Bn | 243.11 Mn | 7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.80 Mn |
| Dec 31, 2025 | 10.26 Mn |
| Sep 30, 2025 | 9.48 Mn |
| Jun 30, 2025 | 9.99 Mn |
| Mar 31, 2025 | 12.01 Mn |
| Dec 31, 2024 | 20.48 Mn |
| Sep 30, 2024 | 28.59 Mn |
| Jun 30, 2024 | 29.49 Mn |
| Mar 31, 2024 | 18.85 Mn |
| Dec 31, 2023 | 16.54 Mn |
| Sep 30, 2023 | 25.59 Mn |
| Jun 30, 2023 | 23.87 Mn |
| Mar 31, 2023 | 22.12 Mn |
| Dec 31, 2022 | 21.34 Mn |
| Sep 30, 2022 | 20.23 Mn |
| Jun 30, 2022 | 21.92 Mn |
| Mar 31, 2022 | 24.42 Mn |
| Dec 31, 2021 | 23.87 Mn |
| Sep 30, 2021 | 23.51 Mn |
| Jun 30, 2021 | 23.15 Mn |