Ionis Pharmaceuticals IONS
NASDAQ IONS
$58.09 -0.04 (-0.07%)
As of: Sep 4, 2026 · 3:59 PM EDT

Ionis Pharmaceuticals (IONS) Net Margin (2009 - 2026)

Ionis Pharmaceuticals (IONS) posted quarterly Net Margin of 42.79% for Q2 2026, down 7012.0% year-over-year from 0.62% in Q2 2025, and up 76.88% quarter-over-quarter from 185.06% in Q1 2026.

Analysis

Ionis Pharmaceuticals (IONS) Net Margin (2009 - 2026) Analysis & Trends

Ionis Pharmaceuticals' Net Margin history runs 18 years deep, the most recent figure standing at 42.79% for Q2 2026.

  • In Q2 2026, Net Margin fell 7012.0% year-over-year to 42.79%; the TTM figure through Jun 2026 stood at 31.3% (down 1240.0% YoY), while the FY2025 annual figure was 31.94%, up 1969.0% from the prior year.
  • Net Margin for Q2 2026 stood at 42.79%, up from 185.06% in the prior quarter.
  • The five-year high for Net Margin was 60.76% in Q4 2025, with the low at 185.06% in Q1 2026.
  • The 5-year median for Net Margin is 45.59% (2022), against an average of 52.97%.
  • The sharpest annual moves came in 2025 and 2026: Net Margin jumped 6719 bps in 2025, then plunged 7341 bps in 2026.
  • Ionis Pharmaceuticals' Net Margin stood at 8.54% in 2022, then jumped by 233 bps to 28.49% in 2023, then plunged by 123 bps to 6.43% in 2024, then soared by 1045 bps to 60.76% in 2025, then slumped by 170 bps to 42.79% in 2026.
  • Business Quant data shows IONS's Net Margin at 42.79% in Q2 2026, 185.06% in Q1 2026, and 60.76% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 32.99%
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 30.23%
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 31.16%
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -539.31%
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 13.90%
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 12.74%
8 Royalty Pharma 28.45 Bn 27.61 Bn - 12.09%
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -3.12%
10 Ionis Pharmaceuticals 9.60 Bn 7.55 Bn 265.21 Mn -42.79%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -42.79%
Mar 31, 2026 -37.60%
Dec 31, 2025 60.76%
Sep 30, 2025 -82.06%
Jun 30, 2025 27.33%
Mar 31, 2025 -111.64%
Dec 31, 2024 -6.43%
Sep 30, 2024 -104.98%
Jun 30, 2024 -29.42%
Mar 31, 2024 -119.52%
Dec 31, 2023 28.49%
Sep 30, 2023 -102.22%
Jun 30, 2023 -45.27%
Mar 31, 2023 -95.26%
Dec 31, 2022 8.54%
Sep 30, 2022 -29.42%
Jun 30, 2022 -78.61%
Mar 31, 2022 -45.92%
Dec 31, 2021 47.81%
Sep 30, 2021 -61.96%