Ionis Pharmaceuticals Q2 2025 Earnings Call Transcript

Wednesday, Jul 30, 2025 4:43 pm ET1min read

Ionis Pharmaceuticals reported Q2 2025 earnings, with CEO Brett Monia and CFO Beth Hougen discussing financial results and product developments. The company's net revenue increased to $133.4 million, driven by strong sales of SPINRAZA and TEGSEDI. Ionis also highlighted progress in its clinical pipeline, including positive data from the CARMINE trial for AKCEA-APOCIII-LRx. The company's non-GAAP net income was $32.1 million, or $0.88 per share.

Ionis Pharmaceuticals Inc. (IONS) reported its second-quarter 2025 financial results, with a significant improvement in earnings and revenue. The company's adjusted earnings per share (EPS) came in at $0.85, compared to the expected loss of $0.52, and the revenue reached $452 million, surpassing the consensus estimate of $282.95 million [1].

The strong performance was driven by the successful launch of Tryngolza (olezarsen), the first FDA-approved treatment for familial chylomicronemia syndrome, and increased royalty and R&D revenues. Tryngolza generated net product sales of $19 million in the second quarter, contributing to the overall revenue growth [1].

The company also highlighted progress in its clinical pipeline, including positive data from the CARMINE trial for AKCEA-APOCIII-LRx. Additionally, the drug received a positive opinion from the Committee for Medicinal Products for Human Use, paving the way for its approval in Europe [1].

Ionis raised its fiscal 2025 sales guidance to $825 million-$850 million, compared to the previous estimate of $725 million-$750 million. The company expects a 2025 adjusted operating loss of $300 million-$325 million, with cash, cash equivalents, and short-term investments of around $2 billion [1].

The stock price of Ionis Pharmaceuticals has seen a positive reaction to the earnings report, with the stock up 5.23% at $43.65 at publication [1].

References:
[1] https://www.benzinga.com/markets/earnings/25/07/46733874/ionis-posts-surprise-q2-profit-double-revenues-on-stronger-sales-from-newly-approved-genetic-disease-drug
[2] https://www.gurufocus.com/news/3016122/ionis-reports-second-quarter-2025-financial-results-and-highlights-progress-on-key-programs

Ionis Pharmaceuticals Q2 2025 Earnings Call Transcript

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