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Ionis Pharmaceuticals IONS Contract Liabilities

Contract Liabilities at other companies

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BridgeBio PharmaBBIO
$11.78M
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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:ContractWithCustomerLiabilityNoncurrent.

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 contract liabilities?
Ionis Pharmaceuticals (IONS) reported contract liabilities of $75.75M in Q1 2026.
How has Ionis Pharmaceuticals's contract liabilities changed year-over-year?
Ionis Pharmaceuticals's contract liabilities decreased by 46.2% year-over-year, from $140.68M to $75.75M.
What is the long-term trend for Ionis Pharmaceuticals's contract liabilities?
Over 5 years (2020 to 2025), Ionis Pharmaceuticals's contract liabilities has grown at a -26.3% compound annual growth rate (CAGR), from $424.05M to $92M.
What does contract liabilities mean?
The value of work or products owed to customers for which payment has already been collected.
How do you interpret contract liabilities?
Higher levels indicate a robust pipeline of committed work or partnership milestones that will be recognized as revenue in future periods.
How does contract liabilities compare across companies?
Highly comparable across companies utilizing licensing, royalty, or service-based revenue models.