MetaCap

Arrowhead Pharmaceuticals (ARWR) vs Ionis Pharmaceuticals (IONS)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Arrowhead Pharmaceuticals (ARWR) has outperformed Ionis Pharmaceuticals (IONS) over the past year, gaining 68.3% versus a loss of 35.9%. Over five years, IONS leads with a +25.8% price change compared with -7.1% for ARWR. Arrowhead Pharmaceuticals is the larger company by market cap ($8.55 billion vs $7.22 billion), about 1.2 times the size.

Arrowhead Pharmaceuticals converts more of its revenue into profit, with a net margin of -0.2% versus -40.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ARWR+68.25%IONS-35.94%
+154%+54%-46%
Oct 7, 20251 yearOct 7, 2026
ARWR+1.91%IONS+29.54%
+166%+36%-94%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ARWR versus IONS key metrics
MetricARWRIONS
Share price$60.50$43.46
Market cap$8.55B$7.22B
1-day change-1.59%-1.60%
YTD return-7.40%-44.18%
1-year return+68.25%-35.94%
5-year return-7.07%+25.81%
EPS (TTM)$-2.28$-3.48
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$829.45M$943.71M
Revenue growth (YoY)+23258.15%+33.83%
Net income (latest FY)$-1.63M$-381.39M
Gross margin—98.31%
Operating margin11.86%-40.45%
Net margin-0.20%-40.41%
52-week high$95.49$86.74
52-week low$34.61$42.63
Distance from 52-week high-36.64%-49.90%
Analyst consensusstrong_buybuy
Avg. price target upside+77.24%+92.47%
Average volume1.90M3.78M
Shares outstanding141.25M166.18M
Employees7111,480
SectorHealth CareHealth Care
IndustryBiotechnology: Pharmaceutical PreparationsBiotechnology: Pharmaceutical Preparations

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ARWR has outperformed IONS by 104.2 percentage points over the past year.
  • Arrowhead Pharmaceuticals is more profitable, keeping -0.2 cents of every revenue dollar as net income versus -40.4 cents for Ionis Pharmaceuticals.
  • Arrowhead Pharmaceuticals grew revenue faster in its latest fiscal year (+23258.15% vs +33.83%).

About Arrowhead Pharmaceuticals

ARWR stock →

Arrowhead Pharmaceuticals, Inc. develops medicines for the treatment of intractable diseases in the United States.

Health Care · Biotechnology: Pharmaceutical Preparations · 711 employees

About Ionis Pharmaceuticals

IONS stock →

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. The company offers TRYNGOLZA reduces triglyceride levels in adults with familial chylomicronemia syndrome (FCS) and acute pancreatitis; DAWNZERA for prophylaxis to prevent attacks of hereditary angioedema in adults; WAINUA for the treatment of the polyneuropathy of hereditary transthyretin-medicated amyloidosis (ATTRv-PN) in adults; and SPINRAZA for pediatric and adult patients with spinal muscular atrophy (SMA).

Health Care · Biotechnology: Pharmaceutical Preparations · 1,480 employees

ARWR vs IONS FAQ

Which is bigger, Arrowhead Pharmaceuticals or Ionis Pharmaceuticals?

Arrowhead Pharmaceuticals (ARWR) is larger, with a market capitalization of $8.55B compared with $7.22B for Ionis Pharmaceuticals (IONS).

Which stock has performed better over the past year, ARWR or IONS?

ARWR returned +68.25% over the past 12 months, compared with -35.94% for IONS (price return, excluding dividends). Past performance does not predict future results.

Are Arrowhead Pharmaceuticals and Ionis Pharmaceuticals in the same industry?

Yes. Both are classified in the Biotechnology: Pharmaceutical Preparations industry within the Health Care sector.

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