Ionis Pharmaceuticals annual operating expenses
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Ionis Pharmaceuticals Operating Expenses Growth & History (IONS)
Ionis Pharmaceuticals's operating expenses was $1.33B for fiscal 2025.
View full Ionis Pharmaceuticals company overviewIonis Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.33B | $145.2M | +12.30% |
| 2024 | 2024-12-31 | $1.18B | $38.8M | +3.40% |
| 2023 | 2023-12-31 | $1.14B | $143.8M | +14.42% |
| 2022 | 2022-12-31 | $997.6M | $156.9M | +18.67% |
| 2021 | 2021-12-31 | $840.6M | −$60.7M | −6.73% |
| 2020 | 2020-12-31 | $901.3M | $144.6M | +19.11% |
| 2019 | 2019-12-31 | $756.7M | $95.7M | +14.47% |
| 2018 | 2018-12-31 | $661.0M | $177.9M | +36.83% |
| 2017 | 2017-12-31 | $483.1M | $90.2M | +22.95% |
| 2016 | 2016-12-31 | $392.9M | $33.5M | +9.31% |
| 2015 | 2015-12-31 | $359.5M | $97.6M | +37.26% |
| 2014 | 2014-12-31 | $261.9M | $62.9M | +31.64% |
| 2013 | 2013-12-31 | $199.0M | $28.0M | +16.36% |
| 2012 | 2012-12-31 | $171.0M | $787,000 | +0.46% |
| 2011 | 2011-12-31 | $170.2M | $13.4M | +8.52% |
| 2010 | 2010-12-31 | $156.8M | $7.7M | +5.16% |
| 2009 | 2009-12-31 | $149.1M | $28.9M | +24.02% |
| 2008 | 2008-12-31 | $120.3M | — | — |
Ionis Pharmaceuticals quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $370.2M | $58.0M | +18.58% |
| Q1 2026 | 2026-03-31 | $363.5M | $85.0M | +30.54% |
| Q4 2025 | 2025-12-31 | $417.8M | $80.4M | +23.83% |
| Q3 2025 | 2025-09-30 | $316.9M | $34.4M | +12.19% |
| Q2 2025 | 2025-06-30 | $312.2M | $20.9M | +7.17% |
| Q1 2025 | 2025-03-31 | $278.5M | $9.5M | +3.52% |
| Q4 2024 | 2024-12-31 | $337.4M | $6.8M | +2.05% |
| Q3 2024 | 2024-09-30 | $282.5M | −$5.0M | −1.74% |
| Q2 2024 | 2024-06-30 | $291.3M | $12.7M | +4.57% |
| Q1 2024 | 2024-03-31 | $269.0M | $24.3M | +9.95% |
| Q4 2023 | 2023-12-31 | $330.6M | −$29.3M | −8.14% |
| Q3 2023 | 2023-09-30 | $287.5M | $68.6M | +31.31% |
| Q2 2023 | 2023-06-30 | $278.6M | $59.3M | +27.04% |
| Q1 2023 | 2023-03-31 | $244.7M | $45.2M | +22.69% |
| Q4 2022 | 2022-12-31 | $359.9M | $140.5M | +64.04% |
| Q3 2022 | 2022-09-30 | $218.9M | −$21,000 | −0.01% |
| Q2 2022 | 2022-06-30 | $219.3M | $20.6M | +10.36% |
| Q1 2022 | 2022-03-31 | $199.4M | −$4.2M | −2.04% |
| Q4 2021 | 2021-12-31 | $219.4M | −$93.5M | −29.89% |
| Q3 2021 | 2021-09-30 | $218.9M | $22.3M | +11.36% |
| Q2 2021 | 2021-06-30 | $198.7M | $1.4M | +0.72% |
| Q1 2021 | 2021-03-31 | $203.6M | $9.1M | +4.67% |
| Q4 2020 | 2020-12-31 | $312.9M | $79.9M | +34.30% |
| Q3 2020 | 2020-09-30 | $196.6M | $31.2M | +18.90% |
| Q2 2020 | 2020-06-30 | $197.3M | $14.7M | +8.02% |
| Q1 2020 | 2020-03-31 | $194.5M | $18.8M | +10.71% |
| Q4 2019 | 2019-12-31 | $233.0M | $51.7M | +28.51% |
| Q3 2019 | 2019-09-30 | $165.4M | $1.4M | +0.86% |
| Q2 2019 | 2019-06-30 | $182.6M | $14.6M | +8.70% |
| Q1 2019 | 2019-03-31 | $175.7M | $28.0M | +18.93% |
| Q4 2018 | 2018-12-31 | $181.3M | $7.3M | +4.22% |
| Q3 2018 | 2018-09-30 | $164.0M | $57.0M | +53.24% |
| Q2 2018 | 2018-06-30 | $168.0M | $62.2M | +58.78% |
| Q1 2018 | 2018-03-31 | $147.7M | $51.4M | +53.37% |
| Q4 2017 | 2017-12-31 | $174.0M | $54.8M | +45.97% |
| Q3 2017 | 2017-09-30 | $107.0M | $12.2M | +12.85% |
| Q2 2017 | 2017-06-30 | $105.8M | $18.4M | +21.08% |
| Q1 2017 | 2017-03-31 | $96.3M | $4.8M | +5.23% |
| Q4 2016 | 2016-12-31 | $119.2M | $4.7M | +4.09% |
| Q3 2016 | 2016-09-30 | $94.8M | −$2.4M | −2.51% |
| Q2 2016 | 2016-06-30 | $87.4M | $11.6M | +15.33% |
| Q1 2016 | 2016-03-31 | $91.5M | $19.6M | +27.27% |
| Q4 2015 | 2015-12-31 | $114.5M | $39.7M | +53.13% |
| Q3 2015 | 2015-09-30 | $97.3M | $31.7M | +48.36% |
| Q2 2015 | 2015-06-30 | $75.8M | $12.1M | +18.92% |
| Q1 2015 | 2015-03-31 | $71.9M | $14.1M | +24.36% |
| Q4 2014 | 2014-12-31 | $74.8M | $12.7M | +20.41% |
| Q3 2014 | 2014-09-30 | $65.6M | $16.5M | +33.54% |
| Q2 2014 | 2014-06-30 | $63.7M | $17.7M | +38.47% |
| Q1 2014 | 2014-03-31 | $57.8M | $16.1M | +38.56% |
| Q4 2013 | 2013-12-31 | $62.1M | $16.1M | +35.04% |
| Q3 2013 | 2013-09-30 | $49.1M | $9.4M | +23.82% |
| Q2 2013 | 2013-06-30 | $46.0M | $2.4M | +5.44% |
| Q1 2013 | 2013-03-31 | $41.7M | $45,000 | +0.11% |
| Q4 2012 | 2012-12-31 | $46.0M | −$5.0M | −9.85% |
| Q3 2012 | 2012-09-30 | $39.6M | −$3.4M | −7.86% |
| Q2 2012 | 2012-06-30 | $43.6M | $4.8M | +12.24% |
| Q1 2012 | 2012-03-31 | $41.7M | $4.4M | +11.90% |
| Q4 2011 | 2011-12-31 | $51.0M | $8.7M | +20.68% |
| Q3 2011 | 2011-09-30 | $43.0M | $5.5M | +14.53% |
| Q2 2011 | 2011-06-30 | $38.9M | −$3.3M | −7.81% |
| Q1 2011 | 2011-03-31 | $37.3M | $2.4M | +7.04% |
| Q4 2010 | 2010-12-31 | $42.3M | — | — |
| Q3 2010 | 2010-09-30 | $37.6M | $404,000 | +1.09% |
| Q2 2010 | 2010-06-30 | $42.2M | $6.4M | +17.74% |
| Q1 2010 | 2010-03-31 | $34.8M | — | — |
| Q3 2009 | 2009-09-30 | $37.2M | — | — |
| Q2 2009 | 2009-06-30 | $35.8M | — | — |
Ionis Pharmaceuticals operating expenses trends
Over the last five fiscal years, Ionis Pharmaceuticals's operating expenses increased from $901.3M to $1.33B, a change of $424.0M. The latest reported quarter, Q2 2026, shows $370.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ionis Pharmaceuticals source filings ↗