Ionis Pharmaceuticals (IONS) Inventory Average (2018 - 2026)
Ionis Pharmaceuticals' (IONS) quarterly Inventory Average came in at $7.8 million in Q1 2026, down 35.02% year-on-year from $12.0 million in Q1 2025, and down 23.94% quarter-over-quarter from $10.3 million in Q4 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.
- On a quarterly basis, Inventory Average fell 35.02% year-over-year to $7.8 million in Q1 2026; TTM through Mar 2026 was $7.8 million, a 35.02% decrease from a year earlier, with the FY2025 full-year figure at $11.3 million, up 13.07% from the prior year.
- Inventory Average declined to $7.8 million in Q1 2026 per IONS's latest filing, from $10.3 million in the prior quarter.
- Across five years, Inventory Average topped out at $29.5 million in Q2 2024 and bottomed at $7.8 million in Q1 2026.
- The 5-year median for Inventory Average is $20.5 million (2024), against an average of $19.0 million.
- Across the five-year window, Inventory Average rose 26.49% in 2023 and tumbled 66.85% in 2025, its largest moves.
- Year by year, Inventory Average 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 sank by 49.91% to $10.3 million in 2025, then decreased by 23.94% to $7.8 million in 2026.
- Per Business Quant, the three latest IONS Inventory Average figures stand at $7.8 million (Q1 2026), $10.3 million (Q4 2025), and $9.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (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 | 644.91 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.73 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 3.15 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Ionis Pharmaceuticals | 9.21 Bn | 7.29 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 |