earnings
confidence high
sentiment neutral
materiality 0.75
Ionis FY2025 total revenue $944M (+34% YoY); guides 2026 rev $800-825M, op loss $500-550M
IONIS PHARMACEUTICALS INC
2025-FY EPS reported
-$2.38
revenue$203,330,000
- FY2025 total revenue $944M (2024: $705M); Q4 revenue $203M.
- TRYNGOLZA net sales $108M in first launch year; DAWNZERA $7M in first full quarter.
- SPINRAZA royalties $212M, WAINUA royalties $49M; collaborative rev $508M incl $280M Ono upfront.
- 2026 guidance: revenue $800-825M, non-GAAP op loss $500-550M, cash ~$1.6B.
- Olezarsen sNDA for sHTG submitted; zilganersen NDA for Alexander disease decision H2 2026.
item 2.02item 9.01