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

Effective Income Tax Rate Reconciliation, Tax Credit, Percent 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 us-gaap:EffectiveIncomeTaxRateReconciliationTaxCredits.

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, tax credit, percent?
Ionis Pharmaceuticals (IONS) reported effective income tax rate reconciliation, tax credit, percent of -11.6% in Q4 2024.
What does effective income tax rate reconciliation, tax credit, percent mean?
The percentage point reduction in the effective tax rate attributable to tax credits.
How do you interpret effective income tax rate reconciliation, tax credit, percent?
A higher percentage indicates a more effective utilization of tax-advantaged programs to lower the tax rate.
How does effective income tax rate reconciliation, tax credit, percent compare across companies?
Standard metric for comparing tax efficiency across peer companies in the same industry.