Aug. 3 at 8:22 AM
$IONS Ionis Pharmaceuticals (ticker: IONS) reported
$2.1 billion in cash, cash equivalents, and short-term investments as of June 30, 2026. Yes, this amount is widely projected by management and analysts to be more than enough to fund operations until the company reaches its targeted cash-flow breakeven in 2028.Cash and Financial PositionCurrent Balance:
$2.1 billion (down from
$2.7 billion at the end of 2025 due to planned debt repayment of convertible notes).Year-End Projections: Management expects to finish the year 2026 with over
$1.6 billion in cash and investments.Revenue Guidance: Full-year 2026 revenue is guided between
$875 million and
$900 million.