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IONIS PHARMACEUTICALS INC（IONS）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
IONIS PHARMACEUTICALS INC的季度营收约是null的1.7倍（$203.3M vs $117.3M），null净利率更高（-7.3% vs -112.8%，领先105.5%），null同比增速更快（5.3% vs -10.3%），过去两年IONIS PHARMACEUTICALS INC的营收复合增速更高（30.4% vs -14.4%）
IONIS制药是1989年成立的生物科技企业，总部位于美国加利福尼亚州卡尔斯巴德，专注于反义疗法、RNA干扰及CRISPR疗法的研发，2015年12月前曾以Isis制药的名称运营。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
IONS vs SWIM — 直观对比
营收规模更大
IONS
是对方的1.7倍
$117.3M
营收增速更快
SWIM
高出15.6%
-10.3%
净利率更高
SWIM
高出105.5%
-112.8%
两年增速更快
IONS
近两年复合增速
-14.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $203.3M | $117.3M |
| 净利润 | $-229.4M | $-8.5M |
| 毛利率 | 96.1% | 31.7% |
| 营业利润率 | -105.5% | — |
| 净利率 | -112.8% | -7.3% |
| 营收同比 | -10.3% | 5.3% |
| 净利润同比 | -119.8% | -43.1% |
| 每股收益（稀释后） | $-1.35 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IONSSWIM
| Q1 26 | — | $117.3M | ||
| Q4 25 | $203.3M | $100.0M | ||
| Q3 25 | $156.7M | $161.9M | ||
| Q2 25 | $452.0M | $172.6M | ||
| Q1 25 | $131.6M | $111.4M | ||
| Q4 24 | $226.6M | $87.3M | ||
| Q3 24 | $133.8M | $150.5M | ||
| Q2 24 | $225.3M | $160.1M |
净利润IONSSWIM
| Q1 26 | — | $-8.5M | ||
| Q4 25 | $-229.4M | $-7.0M | ||
| Q3 25 | $-128.6M | $8.1M | ||
| Q2 25 | $123.6M | $16.0M | ||
| Q1 25 | $-146.9M | $-6.0M | ||
| Q4 24 | $-104.3M | $-29.2M | ||
| Q3 24 | $-140.5M | $5.9M | ||
| Q2 24 | $-66.3M | $13.3M |
毛利率IONSSWIM
| Q1 26 | — | 31.7% | ||
| Q4 25 | 96.1% | 28.0% | ||
| Q3 25 | 98.5% | 35.4% | ||
| Q2 25 | 99.1% | 37.1% | ||
| Q1 25 | 98.9% | 29.5% | ||
| Q4 24 | 98.3% | 24.6% | ||
| Q3 24 | 99.2% | 32.4% | ||
| Q2 24 | 98.2% | 33.1% |
营业利润率IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | -105.5% | -10.7% | ||
| Q3 25 | -102.2% | 13.3% | ||
| Q2 25 | 30.9% | 14.3% | ||
| Q1 25 | -111.6% | -4.4% | ||
| Q4 24 | -48.9% | -14.9% | ||
| Q3 24 | -111.1% | 8.9% | ||
| Q2 24 | -29.3% | 12.5% |
净利率IONSSWIM
| Q1 26 | — | -7.3% | ||
| Q4 25 | -112.8% | -7.0% | ||
| Q3 25 | -82.1% | 5.0% | ||
| Q2 25 | 27.3% | 9.3% | ||
| Q1 25 | -111.6% | -5.4% | ||
| Q4 24 | -46.1% | -33.4% | ||
| Q3 24 | -105.0% | 3.9% | ||
| Q2 24 | -29.4% | 8.3% |
每股收益（稀释后）IONSSWIM
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $-1.35 | $-0.06 | ||
| Q3 25 | $-0.80 | $0.07 | ||
| Q2 25 | $0.70 | $0.13 | ||
| Q1 25 | $-0.93 | $-0.05 | ||
| Q4 24 | $-0.66 | $-0.24 | ||
| Q3 24 | $-0.95 | $0.05 | ||
| Q2 24 | $-0.45 | $0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.7B | — |
| 总债务越低越好 | $1.8B | $3.3M |
| 股东权益账面价值 | $489.1M | $396.7M |
| 总资产 | $3.5B | $856.4M |
| 负债/权益比越低杠杆越低 | 3.71× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.1B | — |
总债务IONSSWIM
| Q1 26 | — | $3.3M | ||
| Q4 25 | $1.8B | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | $1.3B | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M |
股东权益IONSSWIM
| Q1 26 | — | $396.7M | ||
| Q4 25 | $489.1M | $405.9M | ||
| Q3 25 | $618.0M | $408.4M | ||
| Q2 25 | $631.7M | $398.4M | ||
| Q1 25 | $475.7M | $381.1M | ||
| Q4 24 | $588.4M | $387.2M | ||
| Q3 24 | $662.5M | $416.6M | ||
| Q2 24 | $263.7M | $408.1M |
总资产IONSSWIM
| Q1 26 | — | $856.4M | ||
| Q4 25 | $3.5B | $823.2M | ||
| Q3 25 | $3.0B | $844.4M | ||
| Q2 25 | $3.0B | $822.1M | ||
| Q1 25 | $2.8B | $824.6M | ||
| Q4 24 | $3.0B | $794.2M | ||
| Q3 24 | $3.1B | $853.4M | ||
| Q2 24 | $2.7B | $830.0M |
负债/权益比IONSSWIM
| Q1 26 | — | 0.01× | ||
| Q4 25 | 3.71× | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | 2.13× | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-137.7M | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | $-159.0M | — |
| 自由现金流率自由现金流/营收 | -78.2% | — |
| 资本支出强度资本支出/营收 | 10.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-320.0M | — |
8季度趋势，按日历期对齐
经营现金流IONSSWIM
| Q1 26 | — | $-47.7M | ||
| Q4 25 | $-137.7M | $23.3M | ||
| Q3 25 | $-131.4M | $51.0M | ||
| Q2 25 | $151.3M | $36.0M | ||
| Q1 25 | $-150.8M | $-46.9M | ||
| Q4 24 | $-116.1M | $6.2M | ||
| Q3 24 | $-115.0M | $37.2M | ||
| Q2 24 | $-119.9M | $52.4M |
自由现金流IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | $-159.0M | $14.1M | ||
| Q3 25 | $-136.7M | $45.2M | ||
| Q2 25 | $139.0M | $29.1M | ||
| Q1 25 | $-163.4M | $-50.3M | ||
| Q4 24 | $-141.6M | $-98.0K | ||
| Q3 24 | $-124.0M | $33.2M | ||
| Q2 24 | $-126.1M | $47.9M |
自由现金流率IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | -78.2% | 14.1% | ||
| Q3 25 | -87.2% | 27.9% | ||
| Q2 25 | 30.8% | 16.8% | ||
| Q1 25 | -124.1% | -45.2% | ||
| Q4 24 | -62.5% | -0.1% | ||
| Q3 24 | -92.7% | 22.1% | ||
| Q2 24 | -56.0% | 29.9% |
资本支出强度IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | 10.5% | 9.2% | ||
| Q3 25 | 3.4% | 3.6% | ||
| Q2 25 | 2.7% | 4.0% | ||
| Q1 25 | 9.6% | 3.1% | ||
| Q4 24 | 11.3% | 7.2% | ||
| Q3 24 | 6.8% | 2.7% | ||
| Q2 24 | 2.8% | 2.8% |
现金转化率IONSSWIM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | 1.22× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IONS
| Products | $58.0M | 29% |
| Spinraza Royalties | $54.0M | 27% |
| Collaborative Agreement Revenue | $52.4M | 26% |
| Wainus Royalties | $16.0M | 8% |
| Wainua Joint Development Revenue | $9.6M | 5% |
| Other Commercial | $7.6M | 4% |
| Other Royalties | $5.7M | 3% |
SWIM
暂无分部数据
