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Ionis Pharmaceuticals IONS Revenue recognized that was included in deferred income at the beginning of the period

Revenue recognized that was included in deferred income at the beginning of the period at other companies

Antero Resources logo
Antero ResourcesAR
$5.8M-7.0%
Ally Financial logo
Ally FinancialALLY
$225M+5.1%
Ally Financial logo
Ally FinancialALLY
$239M+0.4%
Hyatt Hotels logo
Hyatt HotelsH
$181M+7.7%
Moderna logo
ModernaMRNA
$37M+363%
Baxter International logo
Baxter InternationalBAX
$182M+46.8%

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:ContractWithCustomerLiabilityRevenueRecognized.

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 revenue recognized that was included in deferred income at the beginning of the period?
Ionis Pharmaceuticals (IONS) reported revenue recognized that was included in deferred income at the beginning of the period of $19.6M in Q4 2025.
How has Ionis Pharmaceuticals's revenue recognized that was included in deferred income at the beginning of the period changed year-over-year?
Ionis Pharmaceuticals's revenue recognized that was included in deferred income at the beginning of the period decreased by 52.8% year-over-year, from $41.53M to $19.6M.
What does revenue recognized that was included in deferred income at the beginning of the period mean?
Revenue recognized this period that was previously recorded as a liability due to unfulfilled contract obligations.
How do you interpret revenue recognized that was included in deferred income at the beginning of the period?
An increase indicates successful execution of contract milestones and progress in drug development or licensing agreements.
How does revenue recognized that was included in deferred income at the beginning of the period compare across companies?
Standard for companies with long-term service or licensing contracts; peers in pharma often report this as milestone revenue.