Ionis Pharmaceuticals (IONS) Revenue & Revenue Breakdown


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Ionis Pharmaceuticals Revenue Highlights


Latest Revenue (Y)

$944.00M

Latest Revenue (Q)

$267.95M

Main Segment (Y)

Commercial Member

Ionis Pharmaceuticals Revenue by Period


Ionis Pharmaceuticals Revenue by Year

DateRevenueChange
2025-12-31$944.00M33.87%
2024-12-31$705.14M-10.48%
2023-12-31$787.65M34.10%
2022-12-31$587.37M-27.53%
2021-12-31$810.46M11.13%
2020-12-31$729.26M-35.04%
2019-12-31$1.12B87.20%
2018-12-31$599.67M16.63%
2017-12-31$514.18M37.93%
2016-12-31$372.78M31.40%
2015-12-31$283.70M32.47%
2014-12-31$214.16M45.41%
2013-12-31$147.28M44.33%
2012-12-31$102.05M2.99%
2011-12-31$99.09M-8.65%
2010-12-31$108.47M-10.80%
2009-12-31$121.60M13.44%
2008-12-31$107.19M83.72%
2007-12-31$58.34M292.65%
2006-12-31$14.86M-62.98%
2005-12-31$40.13M-5.84%
2004-12-31$42.62M-14.73%
2003-12-31$49.99M-37.65%
2002-12-31$80.18M50.51%
2001-12-31$53.27M43.00%
2000-12-31$37.26M9.90%
1999-12-31$33.90M-13.52%
1998-12-31$39.20M19.88%
1997-12-31$32.70M44.05%
1996-12-31$22.70M74.62%
1995-12-31$13.00M28.71%
1994-12-31$10.10M-16.53%
1993-12-31$12.10M-

Ionis Pharmaceuticals generated $944.00M in revenue during NA 2025, up 33.87% compared to the previous quarter, and up 129.45% compared to the same period a year ago.

Ionis Pharmaceuticals Revenue by Quarter

DateRevenueChange
2026-06-30$267.95M8.88%
2026-03-31$246.09M21.23%
2025-12-31$203.00M29.53%
2025-09-30$156.72M-65.33%
2025-06-30$452.05M243.47%
2025-03-31$131.61M-41.91%
2024-12-31$226.58M69.32%
2024-09-30$133.81M-40.59%
2024-06-30$225.25M88.50%
2024-03-31$119.50M-63.18%
2023-12-31$324.50M125.03%
2023-09-30$144.21M-23.46%
2023-06-30$188.41M44.35%
2023-03-31$130.52M-14.07%
2022-12-31$151.89M-4.93%
2022-09-30$159.77M19.42%
2022-06-30$133.79M-5.73%
2022-03-31$141.92M-67.75%
2021-12-31$440.01M230.60%
2021-09-30$133.09M5.84%
2021-06-30$125.75M12.67%
2021-03-31$111.61M-61.55%
2020-12-31$290.28M81.34%
2020-09-30$160.08M9.99%
2020-06-30$145.54M9.13%
2020-03-31$133.37M-72.99%
2019-12-31$493.68M194.05%
2019-09-30$167.89M2.49%
2019-06-30$163.81M-44.88%
2019-03-31$297.21M54.71%
2018-12-31$192.12M32.13%
2018-09-30$145.40M23.48%
2018-06-30$117.75M-18.47%
2018-03-31$144.42M-16.18%
2017-12-31$172.30M42.50%
2017-09-30$120.91M16.09%
2017-06-30$104.15M-5.58%
2017-03-31$110.30M-31.21%
2016-12-31$160.35M44.55%
2016-09-30$110.93M188.35%
2016-06-30$38.47M4.33%
2016-03-31$36.87M-28.50%
2015-12-31$51.57M4.99%
2015-09-30$49.12M-59.21%
2015-06-30$120.43M92.43%
2015-03-31$62.58M-26.25%
2014-12-31$84.86M92.59%
2014-09-30$44.06M-22.80%
2014-06-30$57.08M102.68%
2014-03-31$28.16M-33.35%
2013-12-31$42.25M79.14%
2013-09-30$23.59M-38.08%
2013-06-30$38.09M-12.15%
2013-03-31$43.36M118.19%
2012-12-31$19.87M71.30%
2012-09-30$11.60M-75.49%
2012-06-30$47.34M103.74%
2012-03-31$23.23M-28.29%
2011-12-31$32.40M56.44%
2011-09-30$20.71M-16.56%
2011-06-30$24.82M17.38%
2011-03-31$21.15M-19.96%
2010-12-31$26.42M-7.70%
2010-09-30$28.62M21.79%
2010-06-30$23.50M-21.46%
2010-03-31$29.93M-7.24%
2009-12-31$32.26M20.51%
2009-09-30$26.77M-13.62%
2009-06-30$30.99M-1.85%
2009-03-31$31.58M52.83%
2008-12-31$20.66M-35.87%
2008-09-30$32.22M-2.26%
2008-06-30$32.96M54.36%
2008-03-31$21.35M-13.64%
2007-12-31$24.73M-

Ionis Pharmaceuticals generated $267.95M in revenue during Q2 2026, up 8.88% compared to the previous quarter, and up 203.59% compared to the same period a year ago.

Ionis Pharmaceuticals Revenue Breakdown


Ionis Pharmaceuticals Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Product$115.31M$34.19M$34.91M$30.05M-
Royalty$285.53M----
Commercial Member$435.85M----
Collaborative Agreement Revenue-$332.65M$352.66M$207.22M-
Commercial-$293.08M$308.59M$303.36M$342.39M
Other Commercial-$56.78M$68.21M--
Other-$22.59M---
Research and Development Revenue-$412.06M$479.06M$284.01M-
SPINRAZA Royalties-$216.09M$240.38M--
Licensing and Other Royalties--$33.30M$30.99M$19.12M
Spinraza Royalties---$242.31M$267.78M
Eplontersen Joint Development Revenue---$76.79M-
TEGSEDI and WAYLIVRA----$55.50M
Research and Development Revenue Under Collaborative Agreements----$468.06M

Ionis Pharmaceuticals's latest annual revenue breakdown by segment (product or service), as of Dec 25: Commercial Member (52.09%), Royalty (34.13%), and Product (13.78%).

Quarterly Revenue by Product

Product/ServiceJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23
Product$31.14M$42.95M$64.25M$31.79M$19.27M$17.07M$8.92M$8.19M$20.15M$8.29M--
Royalty$75.96M$58.32M$75.72M$75.69M$69.95M$64.17M------
Commercial Member$118.62M$107.81M$217.49M$115.60M$102.76M-------
TEGSEDI and WAYLIVRA-----$5.71M------
Product Sales, Net-----$6.29M------
Other Commercial-----$5.71M$32.12M$13.15M$11.51M$34.50M$16.83M$16.89M
SPINRAZA Royalties-----$48.01M$102.14M$57.21M$56.74M$112.11M$67.25M$61.01M
Research and Development Revenue-----$55.44M$200.76M$58.08M$153.21M$245.66M$60.13M$110.51M
Collaborative Agreement Revenue-----$45.03M$146.24M$44.88M$141.52M$179.14M$44.17M$91.01M
Commercial-----$76.17M$145.31M$75.73M$72.04M$78.84M$84.08M$77.90M
Licensing and Other Royalties-------$4.23M$3.32M$13.71M$8.54M-
Eplontersen Joint Development Revenue----------$15.96M$19.50M

Ionis Pharmaceuticals's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Commercial Member (52.55%), Royalty (33.65%), and Product (13.80%).

Ionis Pharmaceuticals Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BMRNBioMarin Pharmaceutical$3.22B$989.71M
EXELExelixis$2.32B$628.69M
MRNAModerna$1.94B$145.00M
GHGuardant Health$982.02M$334.98M
MDGLMadrigal Pharmaceuticals$958.40M$364.25M
IONSIonis Pharmaceuticals$944.00M$267.95M
BBIOBridgeBio Pharma$362.37M$222.44M
ASNDAscendis Pharma$266.72M$95.89M
ROIVRoivant Sciences$8.26M$1.44M
RVMDRevolution Medicines--
SMMTSummit Therapeutics--

IONS Revenue FAQ


What is Ionis Pharmaceuticals’s yearly revenue?

Ionis Pharmaceuticals's yearly revenue for 2025 was $944M, representing an increase of 33.87% compared to 2024. The company's yearly revenue for 2024 was $705.14M, representing a decrease of -10.48% compared to 2023. IONS's yearly revenue for 2023 was $787.65M, representing an increase of 34.10% compared to 2022.

What is Ionis Pharmaceuticals’s quarterly revenue?

Ionis Pharmaceuticals's quarterly revenue for Q2 2026 was $267.95M, a 8.88% increase from the previous quarter (Q1 2026), and a -40.73% decrease year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $246.09M, a 21.23% increase from the previous quarter (Q4 2025), and a 86.98% increase year-over-year (Q1 2025). IONS's quarterly revenue for Q4 2025 was $203M, a 29.53% increase from the previous quarter (Q3 2025), and a -10.41% decrease year-over-year (Q4 2024).

What is Ionis Pharmaceuticals’s revenue growth rate?

Ionis Pharmaceuticals's revenue growth rate for the last 3 years (2023-2025) was 19.85%, and for the last 5 years (2021-2025) was 16.48%.

What are Ionis Pharmaceuticals’s revenue streams?

Ionis Pharmaceuticals's revenue streams in c 25 are Product, Royalty, and Commercial Member. Product generated $115.32M in revenue, accounting 13.78% of the company's total revenue, up 237.29% year-over-year. Royalty generated $285.53M in revenue, accounting 34.13% of the company's total revenue Commercial Member generated $435.85M in revenue, accounting 52.09% of the company's total revenue

What is Ionis Pharmaceuticals’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Ionis Pharmaceuticals was Commercial Member. This segment made a revenue of $435.85M, representing 52.09% of the company's total revenue.