IRONWOOD PHARMACEUTICALS, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:19:42Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 127.01M | 103.41M | 183.15M | 273.63M | 261.63M | 166.99M |
| EBITDA | 99.60M | 94.32M | -944.23M | 251.74M | 233.76M | 145.24M |
| Working Capital | 31.96M | 143.52M | -42.81M | 755.10M | 583.53M | 463.67M |
| Net Debt | -2.65M | 125.92M | 323.38M | -240.29M | -144.33M | 91.14M |
| Gross Margin | — | — | — | — | — | 99.19% |
| Operating Margin | 33.26% | 26.50% | -213.54% | 60.97% | 56.13% | 36.70% |
| Net Margin | 8.11% | 0.25% | -226.37% | 42.64% | 127.72% | 27.26% |
| Return on Equity (ROE) | -9.17% | -0.29% | 289.42% | 26.83% | 87.22% | 169.50% |
| Return on Assets (ROA) | 6.05% | 0.25% | -212.76% | 15.91% | 46.89% | 18.99% |
| Current Ratio | 1.13× | 4.69× | 0.84× | 30.58× | 4.61× | 15.41× |
| Debt-to-Equity | -0.81× | -0.71× | -1.20× | 0.64× | 0.79× | 7.24× |
| Effective Tax Rate | 65.70% | 98.65% | -8.81% | 30.65% | -163.36% | 2.47% |
| Cash Conversion Ratio | 5.29× | 117.67× | -0.18× | 1.56× | 0.50× | 1.59× |
| Accruals Ratio | -0.26× | -0.29× | -2.52× | -0.09× | 0.24× | -0.11× |
| SBC % of Revenue | 5.82% | 8.49% | 7.23% | 6.59% | 5.39% | 8.00% |
| CapEx Coverage | 3736.59× | 729.22× | 671.89× | 2012.96× | 988.28× | 91.66× |
| Free Cash Flow Per Share | $0.78 | $0.65 | $1.18 | $1.47 | $1.59 | $1.04 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 22.47× | 443.00× | — | 12.91× | 3.63× | 17.26× |
| P/FCF | 4.32× | 6.86× | 9.71× | 8.44× | 7.33× | 10.96× |
| FCF Yield | 23.12% | 14.58% | 10.30% | 11.85% | 13.65% | 9.13% |
| EV / EBITDA | 5.49× | 8.86× | — | 6.63× | 7.46× | 13.22× |
| P/S | 1.86× | 2.02× | 4.04× | 4.65× | 4.57× | 4.70× |
| P/B | — | — | — | 2.93× | 3.12× | 29.21× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 296.15M | 351.41M | 442.74M | 410.60M | 413.75M | 389.52M |
| Cost of Goods and Services Sold | — | — | — | — | — | 3.14M |
| Research and Development Expense | 95.14M | 111.42M | 116.08M | 44.27M | 70.41M | 88.06M |
| Selling, General and Administrative Expense | 82.26M | 144.27M | 158.31M | 115.99M | 111.13M | 140.00M |
| Operating Income (Loss) | 98.50M | 93.12M | -945.43M | 250.34M | 232.26M | 142.94M |
| Income Tax Expense (Benefit) | 46.01M | 64.32M | 83.49M | 77.36M | -327.79M | 2.69M |
| Net Income (Loss) Attributable to Parent | 24.02M | 880.00K | -1.00B | 175.06M | 528.45M | 106.18M |
| Earnings Per Share, Basic | $0.15 | $0.01 | $-6.45 | $1.13 | $3.26 | $0.67 |
| Weighted Average Number of Shares Outstanding, Basic | 161.84M | 159.08M | 155.44M | 154.37M | 162.25M | 159.43M |
| Earnings Per Share, Diluted | $0.15 | $0.01 | $-6.45 | $0.96 | $3.21 | $0.66 |
| Weighted Average Number of Shares Outstanding, Diluted | 162.98M | 160.08M | 155.44M | 186.31M | 164.42M | 160.66M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 215.46M | 88.56M | 92.15M | 656.20M | 620.13M | 362.56M |
| Assets, Current | 274.18M | 182.37M | 233.29M | 780.63M | 745.23M | 495.84M |
| Assets | 396.90M | 350.91M | 471.07M | 1.10B | 1.13B | 559.24M |
| Long-term Debt | — | 198.99M | 397.87M | 396.25M | 454.19M | 430.26M |
| Liabilities, Current | 242.22M | 38.85M | 276.10M | 25.52M | 161.70M | 32.17M |
| Stockholders' Equity Attributable to Parent | -261.83M | -301.33M | -346.30M | 652.38M | 605.91M | 62.64M |
| Common Stock, Shares, Outstanding | 163.06M | 160.21M | 156.35M | 154.03M | 162.04M | 160.62M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 127.04M | 103.55M | 183.43M | 273.76M | 261.89M | 168.84M |
| Payments to Acquire Property, Plant, and Equipment | 34.00K | 142.00K | 273.00K | 136.00K | 265.00K | 1.84M |
| Net Cash Provided by (Used in) Investing Activities | -34.00K | -142.00K | -1.03B | -136.00K | -265.00K | -1.84M |
| Payments for Repurchase of Common Stock | — | — | — | 126.39M | 24.13M | — |
| Net Cash Provided by (Used in) Financing Activities | 216.00K | -106.97M | 277.16M | -237.55M | -4.55M | 18.55M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 74.58M | 52.43M | 4.85M | 19.92M | 15.21M |
| EBITDA | 73.02M | 7.26M | — | — | -28.63M | 31.98M |
| Working Capital | 95.98M | 31.96M | 31.34M | -40.77M | 112.48M | 143.52M |
| Net Debt | -8.12M | -2.65M | 72.83M | 120.82M | 105.60M | 125.92M |
| Operating Margin | 68.14% | 14.26% | 61.84% | 53.17% | -70.75% | 34.78% |
| Net Margin | 38.28% | -4.77% | 32.84% | 27.69% | -90.87% | 2.49% |
| Return on Equity (ROE) | -18.78% | 0.87% | -15.17% | -7.66% | 11.19% | -0.75% |
| Return on Assets (ROA) | 9.38% | -0.57% | 10.12% | 6.88% | -11.43% | 0.64% |
| Current Ratio | 1.41× | 1.13× | 1.13× | 0.82× | 3.34× | 4.69× |
| Debt-to-Equity | -0.98× | -0.81× | -0.81× | -0.69× | -0.64× | -0.71× |
| Effective Tax Rate | 37.44% | 600.22% | 41.08% | 37.61% | -3.07% | 90.60% |
| Cash Conversion Ratio | 0.13× | -32.77× | 1.31× | 0.21× | -0.53× | 6.74× |
| Accruals Ratio | 0.08× | -0.19× | -0.03× | 0.05× | -0.18× | -0.04× |
| SBC % of Revenue | 3.43% | 8.01% | 11.00% | 11.51% | 12.86% | 5.04% |
| CapEx Coverage | — | -74575.00× | 1499.11× | 148.06× | 643.68× | — |
| Free Cash Flow Per Share | — | $0.46 | $0.29 | $0.03 | $0.12 | $0.10 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 5.85× | 25.92× | 8.73× | — | — | — |
| P/S | 1.60× | 1.86× | 0.63× | 0.38× | 0.75× | 2.02× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 106.51M | 47.71M | 122.06M | 85.24M | 41.14M | 90.55M |
| Research and Development Expense | 21.94M | 21.86M | 22.47M | 23.37M | 27.43M | 25.39M |
| Selling, General and Administrative Expense | 12.03M | 19.29M | 21.91M | 16.80M | 24.26M | 33.59M |
| Operating Income (Loss) | 72.57M | 6.80M | 75.48M | 45.32M | -29.11M | 31.49M |
| Income Tax Expense (Benefit) | 24.40M | 2.73M | 27.94M | 14.22M | 1.11M | 21.74M |
| Net Income (Loss) Attributable to Parent | 40.77M | -2.28M | 40.08M | 23.60M | -37.39M | 2.26M |
| Earnings Per Share, Basic | $0.25 | $-0.01 | $0.25 | $0.15 | $-0.23 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 163.45M | 161.84M | 162.22M | 161.72M | 160.97M | 159.08M |
| Earnings Per Share, Diluted | $0.24 | $-0.01 | $0.23 | $0.14 | $-0.23 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 166.69M | 162.98M | 177.76M | 176.84M | 160.97M | 160.08M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 220.47M | 215.46M | 140.41M | 92.85M | 108.48M | 88.56M |
| Assets, Current | 332.29M | 274.18M | 273.84M | 191.75M | 160.58M | 182.37M |
| Assets | 434.57M | 396.90M | 396.06M | 342.95M | 327.21M | 350.91M |
| Long-term Debt | — | — | 199.51M | 199.33M | 199.16M | 198.99M |
| Liabilities, Current | 236.31M | 242.22M | 242.50M | 232.53M | 48.10M | 38.85M |
| Stockholders' Equity Attributable to Parent | -217.14M | -261.83M | -264.16M | -308.16M | -334.05M | -301.33M |
| Common Stock, Shares, Outstanding | 164.61M | 163.06M | 162.68M | 162.43M | 161.81M | 160.21M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 5.12M | 74.58M | 52.47M | 4.89M | 19.95M | 15.21M |
| Payments to Acquire Property, Plant, and Equipment | — | -1.00K | 35.00K | 33.00K | 31.00K | 0 |
| Net Cash Provided by (Used in) Investing Activities | — | 1.00K | -35.00K | -33.00K | -31.00K | 0 |
| Net Cash Provided by (Used in) Financing Activities | — | 122.00K | 94.00K | 94.00K | 6.00K | -14.89M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (IRWD CIK 0001446847),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.