Growth Metrics

Ionis Pharmaceuticals (IONS) Operating Margin (2016 - 2025)

Ionis Pharmaceuticals has reported Operating Margin over the past 17 years, most recently at 105.47% for Q4 2025.

  • Quarterly results put Operating Margin at 105.47% for Q4 2025, down 5656.0% from a year ago — trailing twelve months through Dec 2025 was 77.32% (down 994.0% YoY), and the annual figure for FY2025 was 40.45%, up 2693.0%.
  • Operating Margin for Q4 2025 was 105.47% at Ionis Pharmaceuticals, down from 102.21% in the prior quarter.
  • Over the last five years, Operating Margin for IONS hit a ceiling of 6990.8% in Q2 2025 and a floor of 136.95% in Q4 2022.
  • Median Operating Margin over the past 5 years was 64.21% (2021), compared with a mean of 300.24%.
  • Biggest five-year swings in Operating Margin: plummeted -50463bps in 2022 and later surged 702014bps in 2025.
  • Ionis Pharmaceuticals' Operating Margin stood at 367.67% in 2021, then crashed by -137bps to 136.95% in 2022, then skyrocketed by 99bps to 1.89% in 2023, then crashed by -2493bps to 48.91% in 2024, then crashed by -116bps to 105.47% in 2025.
  • The last three reported values for Operating Margin were 105.47% (Q4 2025), 102.21% (Q3 2025), and 6990.8% (Q2 2025) per Business Quant data.