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Ionis Pharmaceuticals IONS Cash, Cash Equivalents, and Marketable Securities

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Other financials

Income statement

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Revenue$246.1M+87.0%
Gross profit$243.1M+86.8%
Operating income-$117.4M+20.0%
Net income-$92.5M+37.0%
EPS (diluted)-$0.56+39.8%

Balance sheet

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Cash & equivalents$173.4M-34.4%
Total debt$691.7M+334%
Total equity$491.4M+3.3%
Total assets$3.4B+22.6%

Cash flow

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Operating cash flow-$792.8M-426%
CapEx$21.8M+73.0%
Free cash flow-$814.6M-399%

Valuation

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Market cap$12.25B+159%
Enterprise value$12.77B+175%
P/S11.6×+5.0×

Profitability

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Gross margin98.4%-0.2pp
Operating margin-33.3%-11.0pp
Net margin-30.9%-10.5pp
FCF margin-77.4%+35.3pp

Returns & leverage

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Return on equity-67.6%-20.3pp
Debt / equity1.4×+1.1×
Current ratio4.1×-5.6×

Where this comes from

Reported directly by Ionis Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPosition.

The official record: Ionis Pharmaceuticals’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ionis Pharmaceuticals's cash, cash equivalents, and marketable securities?
Ionis Pharmaceuticals (IONS) reported cash, cash equivalents, and marketable securities of $1.03B in Q1 2026.
How has Ionis Pharmaceuticals's cash, cash equivalents, and marketable securities changed year-over-year?
Ionis Pharmaceuticals's cash, cash equivalents, and marketable securities increased by 28.1% year-over-year, from $806.7M to $1.03B.
What does cash, cash equivalents, and marketable securities mean?
The total amount of cash and easily sellable investments the company owns.
How do you interpret cash, cash equivalents, and marketable securities?
An increase indicates a stronger liquidity position and greater ability to fund long-term R&D pipelines without immediate dilution.
How does cash, cash equivalents, and marketable securities compare across companies?
A primary metric for assessing financial health in pre-profit or growth-stage pharmaceutical companies.