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Ionis Pharmaceuticals IONS Effective Income Tax Rate Reconciliation, FDII, Percent

Effective Income Tax Rate Reconciliation, FDII, Percent at other companies

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-4.6%

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:EffectiveIncomeTaxRateReconciliationFdiiPercent.

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 effective income tax rate reconciliation, FDII, percent?
Ionis Pharmaceuticals (IONS) reported effective income tax rate reconciliation, FDII, percent of -4.6% in Q4 2024.
What does effective income tax rate reconciliation, FDII, percent mean?
The percentage point reduction in the effective tax rate due to the FDII deduction.
How do you interpret effective income tax rate reconciliation, FDII, percent?
A higher percentage indicates a more favorable tax impact from international operations.
How does effective income tax rate reconciliation, FDII, percent compare across companies?
Used to compare the tax benefits of international market penetration across peers.