Ionis Pharmaceuticals (IONS) Inventory (2017 - 2026)
Ionis Pharmaceuticals' Inventory came in at $50.83 million for Q2 2026, up 499.4% from $8.48 million a year earlier and up 814.8% from the prior quarter.
Ionis Pharmaceuticals (IONS) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, Ionis Pharmaceuticals' Inventory was $10.05 million, down 19.7% from FY2024.
- Inventory carries a five-year compound annual growth rate of -14.5% (FY2020 to FY2025).
- Going back by year, Inventory was $12.51 million in FY2024 (+68.1%), $7.44 million in FY2023 (-66.2%), $22.03 million in FY2022 (-11.2%) and $24.81 million in FY2021 (+12.9%).
- The Q2 2026 figure represents the highest quarterly Inventory in data going back to Q4 2017.
- Year-over-year, Inventory increased in three of the last eight quarters, with growth averaging 38.9%.
- The fastest year-over-year change in Inventory over five years came in Q2 2026 (growth of 499.4%), and the weakest in Q2 2025 (a decline of 70.5%).
- Business Quant data shows IONS's Inventory at $5.56 million (Q1 2026), $10.05 million (Q4 2025) and $10.47 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 15.14 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 5.13 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 6.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 6.22 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 6.93 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.22 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.95 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 9.95 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 1.77 Bn |
| 10 | Ionis Pharmaceuticals | 7.55 Bn | -1.34 Bn | 265.21 Mn | 50.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.83 Mn |
| 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 |
Ionis Pharmaceuticals Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=IONS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "IONS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=IONS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();