earnings
confidence high
sentiment positive
materiality 0.80
Ionis Q1 revenue up 10% to $132M; TRYNGOLZA brings $6M, guidance raised >20%
IONIS PHARMACEUTICALS INC
2025-Q1 EPS reported
-$0.93
revenue$131,612,000
- Revenue $132M (+10% YoY); TRYNGOLZA product sales $6M; royalty revenue $64M (SPINRAZA $48M, WAINUA $9M).
- GAAP operating loss $146M (non-GAAP $117M); FY2025 revenue guidance raised to $725-750M from >$600M.
- Donidalorsen PDUFA Aug 21, 2025; olezarsen Phase 3 sHTG data Q3 2025; ION582 Phase 3 Angelman Q2 2025.
- Sapablursen licensed to Ono for $280M upfront; potential $660M milestones plus mid-teen royalties.
- Cash & investments $2.1B at Mar 31; expected ~$1.9B year-end after $280M Q2 inflow.