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Ionis Pharmaceuticals IONS Interest Expense And Amortization Of Issuance Costs Related To Sale Of Future Royalties

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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:InterestExpenseAndAmortizationOfIssuanceCostsRelatedToSaleOfFutureRoyalties.

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 interest expense and amortization of issuance costs related to sale of future royalties?
Ionis Pharmaceuticals (IONS) reported interest expense and amortization of issuance costs related to sale of future royalties of $17.34M in Q1 2026.
How has Ionis Pharmaceuticals's interest expense and amortization of issuance costs related to sale of future royalties changed year-over-year?
Ionis Pharmaceuticals's interest expense and amortization of issuance costs related to sale of future royalties decreased by 7.9% year-over-year, from $18.82M to $17.34M.
What does interest expense and amortization of issuance costs related to sale of future royalties mean?
Interest and financing costs associated with selling future royalty rights.
How do you interpret interest expense and amortization of issuance costs related to sale of future royalties?
A decrease suggests the company is reducing its reliance on royalty-based financing or has paid down these specific obligations.
How does interest expense and amortization of issuance costs related to sale of future royalties compare across companies?
Specific to biotech or pharma companies that utilize royalty monetization as a funding mechanism.