earnings
confidence high
sentiment positive
materiality 0.85
Ionis Q1 revenue up 87% to $246M; raises 2026 guidance; olezarsen sHTG peak sales view >$3B
IONIS PHARMACEUTICALS INC
2026-Q1 EPS reported
-$0.56
revenue$246,091,000
- Total revenue $246M (+87% YoY); GAAP operating loss $118M; non-GAAP loss $75M.
- TRYNGOLZA net sales $27M; DAWNZERA $16M (+125% QoQ); royalties $58M, R&D revenue $138M incl. $95M milestones.
- 2026 guidance raised: total revenue $875-900M (from $800-825M); non-GAAP op. loss $425-475M (from $500-550M).
- Olezarsen sHTG sNDA accepted for Priority Review (PDUFA June 30); peak net sales guidance raised to >$3B.
- Zilganersen NDA for Alexander disease accepted Priority Review (PDUFA Sept 22); bepirovirsen NDA also accepted.
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