Ionis Pharmaceuticals (IONS) Tax Rate (2009 - 2026)

Ionis Pharmaceuticals (IONS) posted quarterly Tax Rate of 1.11% for Q2 2026, down 110.0% year-over-year from 11.15% in Q2 2025, and down 372.06% quarter-over-quarter from 0.24% in Q1 2026.

Ionis Pharmaceuticals (IONS) Tax Rate (2009 - 2026) Analysis & Trends

Ionis Pharmaceuticals' Tax Rate history runs 18 years deep, the most recent figure standing at 1.11% for Q2 2026.

  • In Q2 2026, Tax Rate fell 110.0% year-over-year to 1.11%; the TTM figure through Jun 2026 stood at 13.9% (down 2123.0% YoY), while the FY2025 annual figure was 20.91%, down 6.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 1.11%, down from 0.24% in the prior quarter.
  • The five-year high for Tax Rate was 2734.63% in Q4 2023, with the low at 10.13% in Q2 2023.
  • The 5-year median for Tax Rate is 0.13% (2025), against an average of 164.23%.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 260569 bps in 2023, then sank 264815 bps in 2024.
  • Ionis Pharmaceuticals' Tax Rate stood at 128.94% in 2022, then jumped by 2021 bps to 2734.63% in 2023, then plunged by 97 bps to 86.47% in 2024, then slumped by 60 bps to 34.87% in 2025, then sank by 103 bps to 1.11% in 2026.
  • Business Quant data shows IONS's Tax Rate at 1.11% in Q2 2026, 0.24% in Q1 2026, and 34.87% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Ionis Pharmaceuticals 9.48 Bn 7.43 Bn 265.21 Mn -1.11%

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.11%
Jun 30, 2026 -1.11%
Jun 30, 2026 -1.11%
Mar 31, 2026 -0.24%
Mar 31, 2026 -0.24%
Mar 31, 2026 -0.24%
Dec 31, 2025 34.87%
Dec 31, 2025 34.87%
Dec 31, 2025 34.87%
Sep 30, 2025 -0.17%
Sep 30, 2025 -0.17%
Sep 30, 2025 -0.17%
Jun 30, 2025 -0.02%
Jun 30, 2025 -0.02%
Jun 30, 2025 -0.02%
Mar 31, 2025 -0.08%
Mar 31, 2025 -0.08%
Mar 31, 2025 -0.08%
Dec 31, 2024 86.47%
Dec 31, 2024 86.47%