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

Ionis Pharmaceuticals (IONS) recorded quarterly Tax Rate of 0.24% in Q1 2026, up 63.33% quarter-over-quarter from 0.64% in Q4 2025, and down 16.0% on a YoY basis from 0.28% in Q1 2025.

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

Ionis Pharmaceuticals' Tax Rate history runs 17 years deep, the most recent figure standing at 0.24% for Q1 2026.

  • In Q1 2026, Tax Rate fell 16.0% year-over-year to 0.24%; the TTM figure through Mar 2026 stood at 0.58% (down 189.0% YoY), while the FY2025 annual figure was 0.47%, down 181.0% from the prior year.
  • Tax Rate was 0.24% for Q1 2026 at Ionis Pharmaceuticals, up from 0.64% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 2.5% in Q3 2024 to a low of 234.77% in Q4 2023.
  • Historically, Tax Rate has averaged 16.39% across 5 years, with a median of 0.64% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate sank 21662 bps in 2023, then soared 23725 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 18.15% in 2022, then plunged by 1194 bps to 234.77% in 2023, then surged by 101 bps to 2.48% in 2024, then plunged by 126 bps to 0.64% in 2025, then soared by 63 bps to 0.24% in 2026.
  • The last three Tax Rate figures came in at 0.24% (Q1 2026), 0.64% (Q4 2025), and 0.17% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ionis Pharmaceuticals 12.23 Bn 10.31 Bn 243.11 Mn -0.24

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.24%
Mar 31, 2026 -0.24%
Dec 31, 2025 -0.64%
Dec 31, 2025 -0.64%
Sep 30, 2025 -0.17%
Sep 30, 2025 -0.17%
Jun 30, 2025 -0.02%
Jun 30, 2025 -0.02%
Mar 31, 2025 -0.08%
Mar 31, 2025 -0.08%
Dec 31, 2024 2.48%
Dec 31, 2024 2.48%
Sep 30, 2024 2.50%
Sep 30, 2024 2.50%
Jun 30, 2024 -0.10%
Jun 30, 2024 -0.10%
Mar 31, 2024 -0.07%
Mar 31, 2024 -0.07%
Dec 31, 2023 -234.77%
Dec 31, 2023 -234.77%