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Side-by-side financial comparison of IONIS PHARMACEUTICALS INC (IONS) and Oportun Financial Corp (OPRT). Click either name above to swap in a different company.

Oportun Financial Corp is the larger business by last-quarter revenue ($247.7M vs $203.3M, roughly 1.2× IONIS PHARMACEUTICALS INC). Oportun Financial Corp runs the higher net margin — 1.4% vs -112.8%, a 114.2% gap on every dollar of revenue. On growth, Oportun Financial Corp posted the faster year-over-year revenue change (-1.3% vs -10.3%). Over the past eight quarters, IONIS PHARMACEUTICALS INC's revenue compounded faster (30.4% CAGR vs -0.5%).

Ionis Pharmaceuticals, Inc. is a biotechnology company that specializes in discovering and developing antisense therapy, as well as RNA interference and CRISPR therapeutics. The company was founded in 1989 is based in Carlsbad, California. The company was previously known as Isis Pharmaceuticals until December 2015.

Oportun Financial Corp is a US-based fintech firm that provides accessible, responsible financial services including personal loans, credit cards, and savings products to underserved low-to-moderate income consumers, many with limited or no credit history, leveraging proprietary AI underwriting to deliver fair terms while mitigating operational risk.

IONS vs OPRT — Head-to-Head

Bigger by revenue
OPRT
OPRT
1.2× larger
OPRT
$247.7M
$203.3M
IONS
Growing faster (revenue YoY)
OPRT
OPRT
+9.0% gap
OPRT
-1.3%
-10.3%
IONS
Higher net margin
OPRT
OPRT
114.2% more per $
OPRT
1.4%
-112.8%
IONS
Faster 2-yr revenue CAGR
IONS
IONS
Annualised
IONS
30.4%
-0.5%
OPRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IONS
IONS
OPRT
OPRT
Revenue
$203.3M
$247.7M
Net Profit
$-229.4M
$3.4M
Gross Margin
96.1%
Operating Margin
-105.5%
2.6%
Net Margin
-112.8%
1.4%
Revenue YoY
-10.3%
-1.3%
Net Profit YoY
-119.8%
-61.0%
EPS (diluted)
$-1.35
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IONS
IONS
OPRT
OPRT
Q4 25
$203.3M
$247.7M
Q3 25
$156.7M
$238.7M
Q2 25
$452.0M
$234.3M
Q1 25
$131.6M
$235.9M
Q4 24
$226.6M
$250.9M
Q3 24
$133.8M
$250.0M
Q2 24
$225.3M
$250.4M
Q1 24
$119.5M
$250.5M
Net Profit
IONS
IONS
OPRT
OPRT
Q4 25
$-229.4M
$3.4M
Q3 25
$-128.6M
$5.2M
Q2 25
$123.6M
$6.9M
Q1 25
$-146.9M
$9.8M
Q4 24
$-104.3M
$8.7M
Q3 24
$-140.5M
$-30.0M
Q2 24
$-66.3M
$-31.0M
Q1 24
$-142.8M
$-26.4M
Gross Margin
IONS
IONS
OPRT
OPRT
Q4 25
96.1%
Q3 25
98.5%
Q2 25
99.1%
Q1 25
98.9%
Q4 24
98.3%
Q3 24
99.2%
Q2 24
98.2%
Q1 24
98.2%
Operating Margin
IONS
IONS
OPRT
OPRT
Q4 25
-105.5%
2.6%
Q3 25
-102.2%
6.0%
Q2 25
30.9%
4.3%
Q1 25
-111.6%
5.6%
Q4 24
-48.9%
89.6%
Q3 24
-111.1%
-15.8%
Q2 24
-29.3%
-19.6%
Q1 24
-125.1%
-12.2%
Net Margin
IONS
IONS
OPRT
OPRT
Q4 25
-112.8%
1.4%
Q3 25
-82.1%
2.2%
Q2 25
27.3%
2.9%
Q1 25
-111.6%
4.1%
Q4 24
-46.1%
200.1%
Q3 24
-105.0%
-12.0%
Q2 24
-29.4%
-12.4%
Q1 24
-119.5%
-10.6%
EPS (diluted)
IONS
IONS
OPRT
OPRT
Q4 25
$-1.35
$0.07
Q3 25
$-0.80
$0.11
Q2 25
$0.70
$0.14
Q1 25
$-0.93
$0.21
Q4 24
$-0.66
$0.26
Q3 24
$-0.95
$-0.75
Q2 24
$-0.45
$-0.78
Q1 24
$-0.98
$-0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IONS
IONS
OPRT
OPRT
Cash + ST InvestmentsLiquidity on hand
$2.7B
$105.5M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$489.1M
$390.1M
Total Assets
$3.5B
$3.3B
Debt / EquityLower = less leverage
3.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IONS
IONS
OPRT
OPRT
Q4 25
$2.7B
$105.5M
Q3 25
$2.2B
$104.6M
Q2 25
$2.3B
$96.8M
Q1 25
$2.1B
$78.5M
Q4 24
$2.3B
$60.0M
Q3 24
$2.5B
$71.8M
Q2 24
$2.1B
$72.9M
Q1 24
$2.2B
$69.2M
Total Debt
IONS
IONS
OPRT
OPRT
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IONS
IONS
OPRT
OPRT
Q4 25
$489.1M
$390.1M
Q3 25
$618.0M
$383.9M
Q2 25
$631.7M
$376.0M
Q1 25
$475.7M
$366.1M
Q4 24
$588.4M
$353.8M
Q3 24
$662.5M
$327.6M
Q2 24
$263.7M
$354.1M
Q1 24
$296.5M
$382.0M
Total Assets
IONS
IONS
OPRT
OPRT
Q4 25
$3.5B
$3.3B
Q3 25
$3.0B
$3.2B
Q2 25
$3.0B
$3.2B
Q1 25
$2.8B
$3.2B
Q4 24
$3.0B
$3.2B
Q3 24
$3.1B
$3.3B
Q2 24
$2.7B
$3.3B
Q1 24
$2.8B
$3.3B
Debt / Equity
IONS
IONS
OPRT
OPRT
Q4 25
3.71×
Q3 25
Q2 25
Q1 25
Q4 24
2.13×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IONS
IONS
OPRT
OPRT
Operating Cash FlowLast quarter
$-137.7M
$413.4M
Free Cash FlowOCF − Capex
$-159.0M
FCF MarginFCF / Revenue
-78.2%
Capex IntensityCapex / Revenue
10.5%
Cash ConversionOCF / Net Profit
121.45×
TTM Free Cash FlowTrailing 4 quarters
$-320.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IONS
IONS
OPRT
OPRT
Q4 25
$-137.7M
$413.4M
Q3 25
$-131.4M
$99.0M
Q2 25
$151.3M
$104.5M
Q1 25
$-150.8M
$101.0M
Q4 24
$-116.1M
$393.5M
Q3 24
$-115.0M
$108.5M
Q2 24
$-119.9M
$107.7M
Q1 24
$-149.9M
$85.9M
Free Cash Flow
IONS
IONS
OPRT
OPRT
Q4 25
$-159.0M
Q3 25
$-136.7M
Q2 25
$139.0M
Q1 25
$-163.4M
Q4 24
$-141.6M
Q3 24
$-124.0M
Q2 24
$-126.1M
Q1 24
$-154.4M
FCF Margin
IONS
IONS
OPRT
OPRT
Q4 25
-78.2%
Q3 25
-87.2%
Q2 25
30.8%
Q1 25
-124.1%
Q4 24
-62.5%
Q3 24
-92.7%
Q2 24
-56.0%
Q1 24
-129.2%
Capex Intensity
IONS
IONS
OPRT
OPRT
Q4 25
10.5%
Q3 25
3.4%
Q2 25
2.7%
Q1 25
9.6%
Q4 24
11.3%
Q3 24
6.8%
Q2 24
2.8%
Q1 24
3.8%
Cash Conversion
IONS
IONS
OPRT
OPRT
Q4 25
121.45×
Q3 25
19.05×
Q2 25
1.22×
15.20×
Q1 25
10.34×
Q4 24
45.04×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IONS
IONS

Products$58.0M29%
Spinraza Royalties$54.0M27%
Collaborative Agreement Revenue$52.4M26%
Wainus Royalties$16.0M8%
Wainua Joint Development Revenue$9.6M5%
Other Commercial$7.6M4%
Other Royalties$5.7M3%

OPRT
OPRT

Segment breakdown not available.

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