Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026)
Ironwood Pharmaceuticals (IRWD) reported Operating Expenses of $33.9 million for Q1 2026, down 51.7% on a YoY basis from $70.3 million in Q1 2025, and down 17.04% sequentially from $40.9 million in Q4 2025.
Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026) Analysis & Trends
Ironwood Pharmaceuticals (IRWD) has 17 years of Operating Expenses data on file, last reported at $33.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 51.7% year-over-year to $33.9 million; the trailing twelve-month figure through Mar 2026 stood at $161.3 million (down 39.05% YoY), and the FY2025 full-year result was $197.6 million, down 23.48% from the prior year.
- Operating Expenses fell to $33.9 million in Q1 2026, from $40.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2023 to a low of $33.9 million in Q1 2026.
- A 5-year average of $119.9 million and a median of $46.6 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 2763.48% in 2023 and sank 94.17% in 2024, its largest moves.
- Tracing IRWD's Operating Expenses over 5 years: stood at $38.8 million in 2022, then surged by 105.9% to $80.0 million in 2023, then retreated by 26.15% to $59.1 million in 2024, then plunged by 30.73% to $40.9 million in 2025, then dropped by 17.04% to $33.9 million in 2026.
- Business Quant data shows IRWD's Operating Expenses at $33.9 million in Q1 2026, $40.9 million in Q4 2025, and $46.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 1.00 Bn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 788.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 12.58 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 455.70 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 1.24 Bn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 621.10 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 494.00 Mn |
| 10 | Ironwood Pharmaceuticals | 619.48 Mn | 399.01 Mn | - | 33.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.93 Mn |
| Dec 31, 2025 | 40.90 Mn |
| Sep 30, 2025 | 46.58 Mn |
| Jun 30, 2025 | 39.92 Mn |
| Mar 31, 2025 | 70.25 Mn |
| Dec 31, 2024 | 59.05 Mn |
| Sep 30, 2024 | 65.96 Mn |
| Jun 30, 2024 | 69.42 Mn |
| Mar 31, 2024 | 63.86 Mn |
| Dec 31, 2023 | 79.96 Mn |
| Sep 30, 2023 | 73.72 Mn |
| Jun 30, 2023 | 1.19 Bn |
| Mar 31, 2023 | 43.96 Mn |
| Dec 31, 2022 | 38.84 Mn |
| Sep 30, 2022 | 40.16 Mn |
| Jun 30, 2022 | 41.58 Mn |
| Mar 31, 2022 | 39.68 Mn |
| Dec 31, 2021 | 60.54 Mn |
| Sep 30, 2021 | 38.58 Mn |
| Jun 30, 2021 | 38.93 Mn |