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
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