IONIS PHARMACEUTICALS, INC. (IONS) capitalization

Current snapshot

Market Cap
$12.41B
165.3M shares × $75.09 · as of last filing 2026-03-31
Net Worth
$491.4M
Stockholders' equity · 2026-03-31
Enterprise Value
$11.18B
Market cap + debt − cash
Net Debt
-$1.23B
Debt $691.7M − Cash $1.92B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $12.66B
FY'24 2024-12-31 $5.23B
FY'23 2023-12-31 $7.24B
FY'22 2022-12-31 $5.36B
FY'21 2021-12-31 $4.29B
FY'20 2020-12-31 $7.89B
FY'19 2019-12-31 $9.25B
FY'18 2018-12-31 $7.25B
FY'17 2017-12-31 $6.34B
FY'16 2016-12-31 $5.78B
FY'15 2015-12-31 $7.41B
FY'14 2014-12-31 $7.58B
FY'13 2013-12-31 $4.40B
FY'12 2012-12-31 $1.05B
FY'11 2011-12-31 $718.5M
FY'10 2010-12-31 $1.00B
FY'10 2009-12-31 $1.09B
FY'10 2008-12-31 $1.34B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q1'26 2026-03-31 $12.38B
Q4'25 2025-12-31 $12.92B
Q3'25 2025-09-30 $10.45B
Q2'25 2025-06-30 $7.20B
Q1'25 2025-03-31 $4.79B
Q4'24 2024-12-31 $5.52B
Q3'24 2024-09-30 $5.95B
Q2'24 2024-06-30 $6.96B
Q1'24 2024-03-31 $6.31B
Q4'23 2023-12-31 $7.30B
Q3'23 2023-09-30 $6.50B
Q2'23 2023-06-30 $5.87B
Q1'23 2023-03-31 $5.10B
Q4'22 2022-12-31 $5.37B
Q3'22 2022-09-30 $6.28B
Q2'22 2022-06-30 $5.25B
Q1'22 2022-03-31 $5.24B
Q4'21 2021-12-31 $4.30B
Q3'21 2021-09-30 $4.73B
Q2'21 2021-06-30 $5.62B
Q1'21 2021-03-31 $6.33B
Q4'20 2020-12-31 $7.94B
Q3'20 2020-09-30 $6.63B
Q2'20 2020-06-30 $8.22B
Q1'20 2020-03-31 $6.59B
Q4'19 2019-12-31 $8.48B
Q3'19 2019-09-30 $8.59B
Q2'19 2019-06-30 $9.01B
Q1'19 2019-03-31 $11.49B
Q4'18 2018-12-31 $7.46B
Q3'18 2018-09-30 $7.08B
Q2'18 2018-06-30 $5.36B
Q1'18 2018-03-31 $5.52B
Q4'17 2017-12-31 $6.29B
Q3'17 2017-09-30 $6.31B
Q2'17 2017-06-30 $6.31B
Q1'17 2017-03-31 $5.02B
Q4'16 2016-12-31 $5.82B
Q3'16 2016-09-30 $4.52B
Q2'16 2016-06-30 $2.81B
Q1'16 2016-03-31 $4.88B
Q4'15 2015-12-31 $7.45B
Q3'15 2015-09-30 $4.85B
Q2'15 2015-06-30 $7.35B
Q1'15 2015-03-31 $7.62B
Q4'14 2014-12-31 $7.31B
Q3'14 2014-09-30 $4.58B
Q2'14 2014-06-30 $4.05B
Q1'14 2014-03-31 $5.08B
Q4'13 2013-12-31 $4.64B
Q3'13 2013-09-30 $4.33B
Q2'13 2013-06-30 $2.92B
Q1'13 2013-03-31 $1.73B
Q4'12 2012-12-31 $1.06B
Q3'12 2012-09-30 $1.42B
Q2'12 2012-06-30 $1.20B
Q1'12 2012-03-31 $878.4M
Q4'11 2011-12-31 $721.3M
Q3'11 2011-09-30 $675.9M
Q2'11 2011-06-30 $912.4M
Q1'11 2011-03-31 $900.1M
Q4'10 2010-12-31 $1.01B
Q3'10 2010-09-30 $833.2M
Q2'10 2010-06-30 $948.3M
Q1'11 2010-03-31 $1.08B
Q4'10 2009-12-31 $1.10B
Q3'10 2009-09-30 $1.43B
Q2'10 2009-06-30 $1.62B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (IONS CIK 0000874015), tagged with the us-gaap and dei taxonomies. Filing-anchored figures are rendered server-side: the market cap and enterprise value tiles use the split-adjusted close on the latest reported period-end × shares outstanding, so they reconcile with the equity / debt / cash figures from that same filing. The two price-anchored tiles (market cap + enterprise value) re-anchor on the most recent daily close in the browser when JavaScript is enabled; shares outstanding and debt / cash stay filing-anchored, so the EV bridge still uses the latest statement of financial position. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.

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