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
DateValue
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