Ironwood Pharmaceuticals IRWD
NASDAQ IRWD
$4.09 -0.08 (-2.04%)
As of: Sep 9, 2026 · 3:26 PM EDT

Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026)

Ironwood Pharmaceuticals' (IRWD) quarterly Operating Expenses came in at $33.7 million in Q2 2026, down 15.49% year-over-year from $39.9 million in Q2 2025, and down 0.59% quarter-over-quarter from $33.9 million in Q1 2026.

Analysis

Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026) Analysis & Trends

Ironwood Pharmaceuticals has disclosed Operating Expenses across 17 years of filings, most recently posting $33.7 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 15.49% year-over-year to $33.7 million; the TTM figure through Jun 2026 stood at $155.1 million (down 34.03% YoY), while the FY2025 annual figure was $197.6 million, down 23.48% from the prior year.
  • Operating Expenses came in at $33.7 million for Q2 2026 at Ironwood Pharmaceuticals, down from $33.9 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 $33.7 million in Q2 2026.
  • Average Operating Expenses over 5 years is $115.1 million, with a median of $45.3 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 2763.48% in 2023 and slumped 94.17% in 2024.
  • Over 5 years, Operating Expenses stood at $38.8 million in 2022, then soared by 105.9% to $80.0 million in 2023, then decreased by 26.15% to $59.1 million in 2024, then sank by 30.73% to $40.9 million in 2025, then decreased by 17.53% to $33.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $33.7 million in Q2 2026, $33.9 million in Q1 2026, and $40.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 211.56 Bn 197.57 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 181.34 Bn 178.16 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 132.22 Bn 124.37 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 82.87 Bn 74.88 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 61.55 Bn 56.37 Bn 1.37 Bn -1.05 Bn
6 Moderna 54.32 Bn 49.19 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 34.32 Bn 31.01 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.24 Bn 29.95 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 30.17 Bn 30.17 Bn 1.16 Mn 367.83 Mn
10 Ironwood Pharmaceuticals 671.59 Mn 592.47 Mn - 33.73 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.73 Mn
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