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Ionis Pharmaceuticals (IONS) Q3 2026 vs Q2 2026 (quarter over quarter)

Ionis Pharmaceuticals's revenue fell $25.2M (-9%) from $268M in Q2 2026 to $243M in Q3 2026.

Ionis Pharmaceuticals, Q3 2026: revenue $243M (+55% year over year), operating margin -53.8%, net loss $110M, operating cash flow −$179M. The chart draws each line against Q2 2026, the increases inside each band.

Ionis Pharmaceuticals: what changed, Q3 2026 vs Q2 2026Ionis Pharmaceuticals: what changed, Q3 2026 vs Q2 2026Working capital & other$748MCash used in operations$745MOperating cash sources$743MOther income, net$31.7MCosts & expenses−$9.2MNet loss−$4.7MNet loss absorbed−$4.7MSG&A$3.8MOperating costs$3.2MShare-based compensation−$2.2M

Every line

LineQ3 2026Q2 2026Change%
Revenue$243M$268M−$25.2M-9%
Other income, net$20.6M−$11.1M$31.7M—
Income tax benefit$141K−$1.3M$1.4M—
Net loss$110M$115M−$4.7M-4%
Costs & expenses$373M$383M−$9.2M-2%
Operating costs$373M$370M$3.2M+0.9%
Cost of revenue$3.3M$2.7M$583K+21%
SG&A$154M$150M$3.8M+3%
Other operating costs$216M$217M−$1.2M-0.6%
Operating cash sources$227M−$516M$743M—
Depreciation & amortization$4.3M$4.1M$201K+5%
Share-based compensation$43.4M$45.6M−$2.2M-5%
Cash used in operations$179M−$566M$745M—
Net loss absorbed$110M$115M−$4.7M-4%
Working capital & other$117M−$630M$748M—

Questions

How much did Ionis Pharmaceuticals's revenue grow quarter over quarter in Q3 2026?

Ionis Pharmaceuticals's revenue fell $25.2M (-9%) from $268M in Q2 2026 to $243M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →