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Ionis Pharmaceuticals IONS Early Repayment Of Convertible Debt

Discontinued — last reported Q4 '25

Early Repayment Of Convertible Debt at other companies

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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 ions:EarlyRepaymentOfConvertibleDebt.

The official record: Ionis Pharmaceuticals’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ionis Pharmaceuticals's early repayment of convertible debt?
Ionis Pharmaceuticals (IONS) reported early repayment of convertible debt of $66.91M in Q4 2025.
What is the long-term trend for Ionis Pharmaceuticals's early repayment of convertible debt?
Over 4 years (2021 to 2025), Ionis Pharmaceuticals's early repayment of convertible debt has grown at a 1.0% compound annual growth rate (CAGR), from $256.96M to $267.64M.
What does early repayment of convertible debt mean?
Cash used to pay off convertible debt early.
How do you interpret early repayment of convertible debt?
Repayment reduces future interest burdens and potential dilution, signaling a strong cash position or a desire to clean up the balance sheet.
How does early repayment of convertible debt compare across companies?
Common in companies with complex capital structures and convertible notes.