Growth Metrics

Ionis Pharmaceuticals (IONS) Operating Margin (2016 - 2026)

Ionis Pharmaceuticals (IONS) has disclosed Operating Margin for 18 consecutive years, with 47.72% as the latest value for Q1 2026.

  • For Q1 2026, Operating Margin rose 6387.0% year-over-year to 47.72%; the TTM value through Mar 2026 reached 39.84%, up 2603.0%, while the annual FY2025 figure was 8.45%, 5893.0% up from the prior year.
  • Operating Margin hit 47.72% in Q1 2026 for Ionis Pharmaceuticals, up from 105.47% in the prior quarter.
  • Across five years, Operating Margin topped out at 50.29% in Q2 2025 and bottomed at 136.95% in Q4 2022.
  • Average Operating Margin over 5 years is 67.42%, with a median of 63.92% recorded in 2022.
  • Year-over-year, Operating Margin crashed -50463bps in 2022 and then soared 13507bps in 2023.
  • Ionis Pharmaceuticals' Operating Margin stood at 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, then surged by 55bps to 47.72% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods came in at 47.72%, 105.47%, and 102.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.