Ionis Pharmaceuticals, Inc. (IONS) FY2026 Q2 P&L / Income Statement

Revenue by Arrangement

2026-04-01 to 2026-06-30

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Ionis Pharmaceuticals, Inc. (IONS) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Collaborative Arrangement and Arrangement Other than Collaborative. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETBiogenUndisclosed (calculated)2018 NeurologyRevenueGross profit (calculated)Cost of salesIncome (loss) from operationsOperating expenses (calculated)Research, development and patentSelling, general and administrativeIncome (loss) before income tax benefit (expense)Other income (expense), net (calculated)Net income (loss)Income tax benefit (expense)Income (loss) before income tax benefit (expense)Income (loss)before income taxbenefit (expense)−$113.38 MGross profit (calculated)Gross profit(calculated)$265.21 MIncome (loss) from operationsIncome (loss)from operations−$102.29 MRevenueRevenue$267.95 MNet income (loss)Net income (loss)−$114.65 MBiogenBiogen$133.87 MOperating expenses (calculated)Operating expenses(calculated)$367.50 MIncome tax benefit (expense)Income tax benefit(expense)$1.26 MUndisclosed (calculated)Undisclosed (calculated)$119.08 MResearch, development and patentResearch, development and patent$217.11 M2018 Neurology2018 Neurology$15.00 MCost of salesCost of sales$2.74 MSelling, general and administrativeSelling, general and administrative$150.40 MOther income (expense), net (calculated)Other income,net (calculated)−$11.09 M
Chart details

Ionis Pharmaceuticals, Inc. (IONS) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Collaborative Arrangement and Arrangement Other than Collaborative. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
267,949,000 US dollars
Cost of sales
2,739,000 US dollars
Gross profit (calculated)
265,210,000 US dollars
Operating expenses (calculated)
367,503,000 US dollars
Income (loss) from operations
negative 102,293,000 US dollars
Other income (expense), net (calculated)
negative 11,089,000 US dollars
Income (loss) before income tax benefit (expense)
negative 113,382,000 US dollars
Income tax benefit (expense)
1,264,000 US dollars
Net income (loss)
negative 114,646,000 US dollars
2018 Neurology
15,000,000 US dollars
Biogen
133,866,000 US dollars
Undisclosed (calculated)
119,083,000 US dollars
Research, development and patent
217,107,000 US dollars
Selling, general and administrative
150,396,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Ionis Pharmaceuticals, Inc. (IONS) FY2026 Q2 Revenue by Arrangement Sankey chart
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Gross margin

99.0%

Gross profit / revenue

Operating margin

−38.2%

Operating profit / revenue

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