Ionis Pharmaceuticals — Apr 29, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-26-017637
Showing in the filing
Goal of reaching cash-flow breakeven
“cash-flow breakeven in 2028”
Period
FY2028
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Annual olezarsen peak net sales for FY2026
“>$3 billion”
Goal of reaching cash-flow breakeven for FY2028
“cash-flow breakeven in 2028”
Total Revenue for FY2026
“$875-900 million”
TRYNGOLZA product sales, net for FY2026
“$100-110 million”
DAWNZERA product sales, net for FY2026
“$110-120 million”
Operating loss on a non-GAAP basis for FY2026
“$425-475 million”
Cash, cash equivalents and short-term invest… for FY2026
“>$1.6 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
“Based on our strong year-to-date revenue performance, accelerating momentum and positive
outlook for the rest of the year, we are improving our 2026 financial guidance. The strong performance we expect in 2026 will support substantial growth and long-term value creation and our goal of reaching cash-flow breakeven in 2028.”
Recent Highlights - Wholly Owned Medicines
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TRYNGOLZA ® (olezarsen), the first FDA-approved treatment for adults living with familial chylomicronemia syndrome (FCS) as an adjunct to diet
o
Generated U.S. net product sales of $27 million in the first quarter of 2026, reflecting continued strong demand, offset by a decrease in net price
2
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Launch initiated in the European Union (EU) by Sobi
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Olezarsen on track to launch this year as a transformational medicine for severe hypertriglyceridemia (sHTG), assuming approval
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sNDA accepted by the FDA for Priority Review for the treatment of sHTG with a Prescription Drug User Fee Act (PDUFA) target action date of June 30, 2026
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The European Medicines Agency (EMA) accepted an indication extension application in March for the treatment of adult patients with sHTG
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DAWNZERA™ (donidalorsen), the first and only RNA-targeted prophylactic therapy for hereditary angioedema (HAE) in patients 12 years of age and older
o
Generated U.S. net pro
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.