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Ionis Pharmaceuticals IONS Impairment of intangible assets

Impairment of intangible assets at other companies

Raymond James Financial logo
Raymond James FinancialRJF
$0
Acuity Brands logo
Acuity BrandsAYI
$4.18M
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Hyatt HotelsH
$17M-89.4%
Leidos Holdings logo
Leidos HoldingsLDOS
$1M-80.0%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
$6M
Dominion Energy logo
Dominion EnergyD
-$39M-185%

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:ImpairmentOfIntangibleAssetsFinitelived.

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 impairment of intangible assets?
Ionis Pharmaceuticals (IONS) reported impairment of intangible assets of $40K in Q1 2026.
How has Ionis Pharmaceuticals's impairment of intangible assets changed year-over-year?
Ionis Pharmaceuticals's impairment of intangible assets decreased by 34.4% year-over-year, from $61K to $40K.
What is the long-term trend for Ionis Pharmaceuticals's impairment of intangible assets?
Over 4 years (2021 to 2025), Ionis Pharmaceuticals's impairment of intangible assets has grown at a -22.3% compound annual growth rate (CAGR), from $2.71M to $986K.
What does impairment of intangible assets mean?
The reduction in value of intangible assets like patents due to diminished future expectations.
How do you interpret impairment of intangible assets?
An increase is a negative signal indicating potential failure or reduced commercial prospects for specific pipeline assets.
How does impairment of intangible assets compare across companies?
Highly relevant in R&D-heavy industries where pipeline assets are frequently re-evaluated for commercial viability.