Ionis Pharmaceuticals (IONS) Tax Rate (2009 - 2026)
Ionis Pharmaceuticals' (IONS) quarterly Tax Rate came in at 0.24% in Q1 2026, down 16.0% year-on-year from 0.28% in Q1 2025, and up 95.45% quarter-over-quarter from 5.19% in Q4 2025.
Ionis Pharmaceuticals (IONS) Tax Rate (2009 - 2026) Analysis & Trends
Ionis Pharmaceuticals' Tax Rate history runs 18 years deep, the most recent figure standing at 0.24% for Q1 2026.
- On a quarterly basis, Tax Rate fell 16.0% year-over-year to 0.24% in Q1 2026; TTM through Mar 2026 was 3.77%, a 632.0% decrease from a year earlier, with the FY2025 full-year figure at 3.2%, down 578.0% from the prior year.
- Tax Rate rose to 0.24% in Q1 2026 per IONS's latest filing, from 5.19% in the prior quarter.
- Across five years, Tax Rate topped out at 15.18% in Q4 2022 and bottomed at 10.09% in Q1 2023.
- The 5-year median for Tax Rate is 0.17% (2025), against an average of 0.46%.
- Across the five-year window, Tax Rate surged 1504 bps in 2022 and slumped 1321 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 15.18% in 2022, then slumped by 87 bps to 1.96% in 2023, then jumped by 297 bps to 7.81% in 2024, then slumped by 167 bps to 5.19% in 2025, then soared by 95 bps to 0.24% in 2026.
- Per Business Quant, the three latest IONS Tax Rate figures stand at 0.24% (Q1 2026), 5.19% (Q4 2025), and 0.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Ionis Pharmaceuticals | 9.35 Bn | 7.43 Bn | 243.11 Mn | -0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.24 |
| Mar 31, 2026 | -0.24 |
| Mar 31, 2026 | -0.24 |
| Dec 31, 2025 | -5.19 |
| Dec 31, 2025 | -5.19 |
| Dec 31, 2025 | -5.19 |
| 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 | 7.81 |
| Dec 31, 2024 | 7.81 |
| Dec 31, 2024 | 7.81 |
| Sep 30, 2024 | 2.51 |
| Sep 30, 2024 | 2.51 |