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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Revenue $ 297,214 $ 144,419
Expenses:    
Cost of products sold 1,041 0
Research, development and patent 106,417 104,067
Selling, general and administrative 68,221 43,653
Total operating expenses 175,679 147,720
Income (loss) from operations 121,535 (3,301)
Other income (expense):    
Investment income 12,142 3,610
Interest expense (11,599) (10,938)
Other expenses (147) (168)
Income (loss) before income tax expense 121,931 (10,797)
Income tax expense (31,047) (15)
Net income (loss) 90,884 (10,812)
Net (income) loss attributable to noncontrolling interest in Akcea Therapeutics, Inc. (6,441) 9,392
Net income (loss) attributable to Ionis Pharmaceuticals, Inc. common stockholders $ 84,443 $ (1,420)
Basic net income (loss) per share (in dollars per share) $ 0.63 $ (0.01)
Shares used in computing basic net income (loss) per share (in shares) 138,582 125,330
Diluted net income (loss) per share (in dollars per share) $ 0.62 $ (0.01)
Shares used in computing diluted net income (loss) per share (in shares) 141,537 125,330
Commercial Revenue [Member]    
Revenue:    
Revenue $ 68,088 $ 42,023
SPINRAZA Royalties [Member]    
Revenue:    
Revenue 59,711 41,081
TEGSEDI Product Sales, Net [Member]    
Revenue:    
Revenue 6,754 0
Licensing and Other Royalty Revenue [Member]    
Revenue:    
Revenue 1,623 942
Research and Development Revenue Under Collaborative Agreements [Member]    
Revenue:    
Revenue $ 229,126 $ 102,396