IONSIonis Pharmaceuticals, Inc.
Is it growing?
Growth is fading: revenue shrinking (−7% year on year) and operating margin narrowing (−13.2 points).
Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +5% a year.
Trailing-twelve-month operating margin, -73.4% now against -60.2% a year earlier.
All from SEC EDGAR, as of Jun 30, 2026.
Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.
Is IONS growing?
Ionis Pharmaceuticals, Inc. has grown revenue 12% a year over three years and 4.9% a year over five.
Revenue growth, 3-year annual rate · Biotechnology median +17% · steady growth, ahead of inflation · compounded from trailing twelve-month revenue
- Revenue growth, 5-year rate
- +4.9%
Revenue growth, 5-year rate · +12% over three · growth has picked up over the last three years
- Years of annual history on file
- 18
Years of annual history on file · FY2008 to FY2025, as filed
Details›
- Revenue FY2021
- $810M
- Revenue FY2022
- $587M
- Revenue FY2023
- $788M
- Revenue FY2024
- $705M
- Revenue FY2025
- $944M
Annual income statements as filed with the SEC.