Ionis Pharmaceuticals, Inc. (IONS) quarterly balance sheet — complete assets, liabilities & equity history
Ionis Pharmaceuticals, Inc. (IONS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 2.49B | 2.94B | 2.99B | 2.52B | 2.58B | 2.42B | 2.62B | 2.71B | 2.33B | 2.42B | 2.64B | 2.58B | 2.62B | 2.54B | 2.2B | 2.15B | 2.19B | 2.25B | 2.35B | 2.16B |
| Cash & Short-Term Investments | 2.05B | 1.92B | 2.68B | 2.24B | 2.29B | 2.15B | 2.3B | 2.48B | 2.08B | 2.21B | 2.33B | 2.24B | 2.39B | 2.35B | 1.99B | 1.98B | 2.02B | 2.05B | 2.11B | 1.99B |
| Cash Only | 350.06M | 173.38M | 372.26M | 338.34M | 297.3M | 264.19M | 242.08M | 334.61M | 293.99M | 348.89M | 399.27M | 352.06M | 424.79M | 309.03M | 276.47M | 314.99M | 521.92M | 542.51M | 869.19M | 632.95M |
| Short-Term Investments | 1.7B | 1.75B | 2.31B | 1.9B | 1.99B | 1.88B | 2.06B | 2.15B | 1.78B | 1.86B | 1.93B | 1.88B | 1.96B | 2.04B | 1.71B | 1.67B | 1.5B | 1.51B | 1.25B | 1.35B |
| Accounts Receivable | 58.84M | 73.68M | 66M | 25M | 52.58M | 39.71M | 92.19M | 17.93M | 27.26M | 5.14M | 97.78M | 142.36M | 27.96M | 13.91M | 25.54M | 6.64M | 6.75M | 26.12M | 61.9M | 9.07M |
| Days Sales Outstanding | 22.5 | 25.54 | 20.62 | 22.77 | 9.29 | 45.1 | 22.36 | 15.53 | 6.54 | 39.19 | 34.04 | 54.33 | 10.11 | 13.6 | 9.75 | 3.86 | 11.18 | 27.91 | 7.42 | 11.43 |
| Inventory | 50.83M | 5.56M | 10.05M | 10.47M | 8.48M | 11.5M | 12.51M | 28.45M | 28.72M | 30.26M | 7.44M | 25.63M | 25.54M | 22.2M | 22.03M | 20.64M | 19.81M | 24.03M | 24.81M | 22.93M |
| Days Inventory Outstanding | 936.75 | 235.41 | 117.98 | 372.86 | 219.04 | 720.42 | 492 | 2.46K | 644.5 | 797.47 | 496.88 | 1.07K | 856.16 | 1.48K | 532.61 | 1.23K | 420.41 | 527.03 | 986.46 | 702.61 |
| Other Current Assets | 327.01M | 938.59M | 247M | 243.52M | 226.11M | 222.57M | 217.93M | 184.19M | 194.72M | 174.06M | 205.43M | 181.07M | 177.87M | 159.72M | 168.25M | 143.17M | 142.76M | 150.58M | 143.37M | 136.64M |
| Total Non-Current Assets | 503.23M | 513.02M | 533.2M | 514.1M | 407.98M | 394.02M | 383.38M | 367.25M | 361.75M | 348.25M | 348.22M | 349.32M | 354.38M | 342.6M | 331.18M | 269.85M | 264.99M | 265.97M | 266.64M | 259.15M |
| Property, Plant & Equipment | 386.69M | 377.46M | 362M | 348.11M | 275.88M | 262.19M | 256.11M | 246.93M | 242.84M | 242.23M | 242.94M | 245.24M | 268.35M | 264.31M | 255.84M | 180.81M | 177.01M | 177.72M | 196.04M | 180.14M |
| Fixed Asset Turnover | 0.70x | 0.67x | 0.57x | 0.50x | 1.68x | 0.51x | 0.90x | 0.55x | 0.93x | 0.49x | 1.33x | 0.56x | 0.71x | 0.50x | 0.70x | 0.89x | 0.75x | 0.76x | 2.34x | 0.74x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.61M | 29.05M | 29.3M | 29M | 30.04M |
| Long-Term Investments | 19.82M | 0 | 52.21M | 52.21M | 22.82M | 41.02M | 41.02M | 41.02M | 41.02M | 42.99M | 0 | 42.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 96.72M | 135.56M | 119.39M | 113.78M | 109.28M | 90.8M | 86.25M | 79.3M | 77.88M | 63.04M | 105.28M | 61.09M | 86.03M | 78.3M | 75.34M | 59.43M | 58.92M | 58.95M | 41.59M | 48.97M |
| Total Assets | 2.99B | 3.45B | 3.52B | 3.03B | 2.99B | 2.81B | 3B | 3.08B | 2.69B | 2.76B | 2.99B | 2.93B | 2.97B | 2.89B | 2.53B | 2.42B | 2.46B | 2.52B | 2.61B | 2.41B |
| Asset Turnover | 0.08x | 0.07x | 0.06x | 0.05x | 0.16x | 0.05x | 0.07x | 0.05x | 0.08x | 0.04x | 0.11x | 0.05x | 0.06x | 0.05x | 0.06x | 0.07x | 0.05x | 0.06x | 0.18x | 0.05x |
| Asset Growth % | 0.31% | 22.65% | 17.32% | -1.56% | 10.93% | 1.77% | 0.45% | 5.01% | -9.42% | -4.2% | 18% | 21.14% | 20.97% | 14.53% | -2.98% | 0.29% | -1.64% | 12.03% | 9.29% | -21.99% |
| Total Current Liabilities | 316M | 716.59M | 781.57M | 903.46M | 897.24M | 250.29M | 309.32M | 304.57M | 306.16M | 327.65M | 448.09M | 404.21M | 287.98M | 259.22M | 311.56M | 283.45M | 267.81M | 228.45M | 240.55M | 279.78M |
| Accounts Payable | 47.7M | 26.03M | 28.08M | 14.33M | 22.8M | 17.46M | 42.96M | 9.05M | 9.24M | 13.08M | 26.03M | 5.62M | 24.02M | 10.5M | 17.92M | 20.55M | 10.35M | 16.13M | 11.9M | 8.36M |
| Days Payables Outstanding | 1.22K | 816.31 | 243.85 | 730.45 | 441.25 | 1.81K | 624.74 | 785.78 | 243.95 | 827.27 | 475.35 | 622.21 | 619.1 | 952.27 | 480.04 | 938.1 | 253.88 | 302.47 | 418.69 | 343.84 |
| Short-Term Debt | 242M | 432.5M | 453.15M | 630.91M | 630.12M | 12M | 9.28M | 44.47M | 44.42M | 44.38M | 53.16M | 9.95M | 0 | 0 | 7.54M | 0 | 0 | 0 | 3.53M | 61.94M |
| Deferred Revenue (Current) | 0 | 69.2M | 73.76M | 76.99M | 75.91M | 81.1M | 78.99M | 76.02M | 94.07M | 130.41M | 151.13M | 204.82M | 96.25M | 92.33M | 90.58M | 99.51M | 93.39M | 91.44M | 97.71M | 97.92M |
| Other Current Liabilities | 23.42M | 59.44M | 107.63M | 81.82M | 69.37M | 36.88M | 69.61M | 50.59M | 43.82M | 31.52M | 67.73M | 33.78M | 38.23M | 26.4M | 49.18M | 35.38M | 29.72M | 20.73M | 38.81M | 35.43M |
| Current Ratio | 7.88x | 4.10x | 3.83x | 2.79x | 2.87x | 9.66x | 8.47x | 8.91x | 7.61x | 7.37x | 5.90x | 6.39x | 9.09x | 9.81x | 7.07x | 7.59x | 8.18x | 9.86x | 9.75x | 7.71x |
| Quick Ratio | 7.72x | 4.09x | 3.81x | 2.78x | 2.86x | 9.62x | 8.43x | 8.82x | 7.51x | 7.28x | 5.88x | 6.33x | 9.00x | 9.72x | 7.00x | 7.52x | 8.11x | 9.76x | 9.65x | 7.62x |
| Cash Conversion Cycle | -265.61 | -555.35 | -105.25 | -334.82 | -212.93 | -1.05K | -110.38 | 1.69K | 407.1 | 9.38 | 55.57 | 506.48 | 247.17 | 543.45 | 62.31 | 294.13 | 177.71 | 252.47 | 575.19 | 370.2 |
| Total Non-Current Liabilities | 2.24B | 2.24B | 2.25B | 1.51B | 1.46B | 2.09B | 2.11B | 2.11B | 2.12B | 2.14B | 2.16B | 2.21B | 2.25B | 2.14B | 1.65B | 1.54B | 1.56B | 1.58B | 1.6B | 1.6B |
| Long-Term Debt | 1.91B | 1.35B | 1.9B | 595.91M | 625.49M | 1.79B | 1.25B | 1.23B | 1.23B | 1.23B | 1.23B | 1.79B | 1.32B | 1.18B | 1.18B | 1.22B | 1.22B | 1.22B | 1.23B | 1.22B |
| Capital Lease Obligations | 262.48M | 259.21M | 262.38M | 262.67M | 164.38M | 159.39M | 161.81M | 168.37M | 166.44M | 168.67M | 170.88M | 173.04M | 175.02M | 177M | 178.94M | 0 | 0 | 0 | 19.43M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 557.76M | 0 | 545.18M | 541.21M | 0 | 542.21M | 538.1M | 533.75M | 525.07M | 513.74M | 0 | 510.17M | 505.08M | 0 | 25.11M | 25.09M | 25.71M | 0 | 21.63M |
| Total Liabilities | 2.56B | 2.96B | 3.03B | 2.42B | 2.35B | 2.34B | 2.42B | 2.42B | 2.43B | 2.47B | 2.6B | 2.62B | 2.54B | 2.4B | 1.96B | 1.83B | 1.83B | 1.81B | 1.84B | 1.88B |
| Total Debt | 2.42B | 2.04B | 2.61B | 1.49B | 1.42B | 1.96B | 1.42B | 1.45B | 1.44B | 1.44B | 1.45B | 1.97B | 1.49B | 1.36B | 1.37B | 1.22B | 1.22B | 1.22B | 1.25B | 1.28B |
| Net Debt | 2.07B | 1.87B | 2.24B | 1.15B | 1.12B | 1.69B | 1.17B | 1.11B | 1.15B | 1.1B | 1.05B | 1.62B | 1.07B | 1.05B | 1.09B | 909.4M | 701.39M | 679.71M | 381.86M | 649.05M |
| Debt / Equity | 5.50x | 4.15x | 5.35x | 2.41x | 2.25x | 4.12x | 2.41x | 2.18x | 5.47x | 4.87x | 3.76x | 6.26x | 3.48x | 2.80x | 2.39x | 2.06x | 1.96x | 1.72x | 1.62x | 2.42x |
| Debt / EBITDA | - | - | - | - | 9.77x | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.55x | - |
| Net Debt / EBITDA | - | - | - | - | 7.73x | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.69x | - |
| Interest Coverage | -4.92x | -3.35x | -9.26x | -4.87x | 6.36x | -5.47x | -3.75x | -5.41x | -1.91x | -5.53x | 0.81x | -5.48x | -2.88x | -5.67x | -25.38x | -21.46x | -47.92x | -29.81x | 99.24x | -35.42x |
| Total Equity | 439.74M | 491.41M | 489.09M | 617.97M | 631.72M | 475.73M | 588.35M | 662.47M | 263.7M | 296.51M | 386.69M | 315.46M | 428.3M | 486.57M | 572.89M | 594.36M | 624.73M | 709.57M | 771.74M | 530.54M |
| Equity Growth % | -30.39% | 3.3% | -16.87% | -6.72% | 139.56% | 60.44% | 52.15% | 110% | -38.43% | -39.06% | -32.5% | -46.92% | -31.44% | -31.43% | -25.77% | 12.03% | 7.22% | 4.26% | 3.83% | -66.97% |
| Book Value per Share | 2.66 | 2.98 | 3.02 | 3.84 | 3.46 | 3.00 | 3.72 | 4.46 | 1.81 | 2.04 | 2.69 | 2.20 | 2.99 | 3.41 | 4.03 | 4.19 | 4.41 | 5.01 | 4.82 | 3.76 |
| Total Shareholders' Equity | 439.74M | 491.41M | 489.09M | 617.97M | 631.72M | 475.73M | 588.35M | 662.47M | 263.7M | 296.51M | 386.69M | 315.46M | 428.3M | 486.57M | 572.89M | 594.36M | 624.73M | 709.57M | 771.74M | 530.54M |
| Common Stock | 166K | 166K | 163K | 161K | 159K | 159K | 158K | 158K | 146K | 146K | 144K | 143K | 143K | 143K | 142K | 142K | 142K | 142K | 141K | 141K |
| Retained Earnings | -2.84B | -2.72B | -2.63B | -2.4B | -2.27B | -2.4B | -2.25B | -2.15B | -2B | -1.94B | -1.8B | -1.79B | -1.64B | -1.55B | -1.43B | -1.38B | -1.33B | -1.23B | -1.16B | -1.38B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -33.9M | -31.02M | -25.28M | -25.98M | -27.99M | -28.95M | -30.81M | -24.17M | -34.84M | -34.96M | -32.65M | -46.04M | -50.91M | -48.98M | -57.48M | -63.14M | -54.01M | -48.58M | -32.67M | -27.44M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |