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Ionis Pharmaceuticals IONS Number of operating segments

Number of operating segments at other companies

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10.0%

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:NumberOfOperatingSegments.

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 number of operating segments?
Ionis Pharmaceuticals (IONS) reported number of operating segments of 1 in Q1 2026.
How has Ionis Pharmaceuticals's number of operating segments changed year-over-year?
Ionis Pharmaceuticals's number of operating segments increased by 300.0% year-over-year, from 0.3 to 1.
What does number of operating segments mean?
The total number of distinct business units that management tracks and evaluates separately.
How do you interpret number of operating segments?
An increase suggests business diversification or a more complex organizational structure, while a decrease may indicate consolidation or a focus on core competencies.
How does number of operating segments compare across companies?
Biotech companies often report based on therapeutic focus or development stage, and peers typically maintain a low number of segments to reflect a focused R&D strategy.