Abstract Novel therapies have improved outcomes for multiple myeloma (MM) patients, but most ultimately relapse, making treatment decisions for relapsed/refractory MM (RRMM) patients increasingly challenging. We report the final analysis of a single‐arm, phase 2 study evaluating the oral proteasome inhibitor (PI) ixazomib combined with daratumumab and dexamethasone (IDd; NCT03439293). Sixty‐one RRMM patients (ixazomib/daratumumab‐naïve; 1–3 prior therapies) were enrolled to receive IDd (28‐day cycles) until disease progression/unacceptable toxicity. Median age was 69 years; 14.8% of patients had International Staging System stage III disease; 14.8% had received three prior therapies. Patients received a median of 16 cycles of IDd. In 59 response‐evaluable patients, the overall response rate was 64.4%; the confirmed ≥very good partial response (VGPR) rate (primary endpoint) was 30.5%. Rates of ≥VGPR in patient subgroups were: high‐risk cytogenetics ( n = 15, 26.7%), expanded high‐risk cytogenetics ( n = 24, 29.2%), aged ≥75 years ( n = 12, 16.7%), lenalidomide‐refractory ( n = 21, 28.6%), and prior PI/IMiD therapy ( n = 58, 31.0%). With a median follow‐up of 31.6 months, median progression‐free survival was 16.8 months (95% confidence interval: 10.1–23.7). Grade ≥3 treatment‐emergent adverse events (TEAEs) occurred in 54.1% of patients; 44.3% had serious TEAEs; TEAEs led to dose modifications/reductions/discontinuations in 62.3%/36.1%/16.4%. There were five on‐study deaths. Any‐grade and grade ≥3 peripheral neuropathy occurred in 18.0% and 1.6% of patients. Quality of life was generally maintained throughout treatment. IDd showed a positive risk‐benefit profile in RRMM patients and was active in clinically relevant subgroups with no new safety signals.