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
DateValue
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