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Enterprise value at other companies

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$222.4B+9.2%
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$8.7B+418%
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$42.43B+24.1%
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Neurocrine BiosciencesNBIX
$13.41B+18.5%

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%
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

Calculated from Ionis Pharmaceuticals’s reported figures.

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 enterprise value?
Ionis Pharmaceuticals (IONS) reported enterprise value of $12.92B in Q1 2026.
How has Ionis Pharmaceuticals's enterprise value changed year-over-year?
Ionis Pharmaceuticals's enterprise value increased by 175.5% year-over-year, from $4.69B to $12.92B.
What is the long-term trend for Ionis Pharmaceuticals's enterprise value?
Over 5 years (2020 to 2025), Ionis Pharmaceuticals's enterprise value has grown at a 13.4% compound annual growth rate (CAGR), from $7.95B to $14.91B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.