Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026)
Ironwood Pharmaceuticals' (IRWD) quarterly Operating Expenses came in at $33.9 million in Q1 2026, down 51.7% year-on-year from $70.3 million in Q1 2025, and down 17.04% quarter-over-quarter from $40.9 million in Q4 2025.
Ironwood Pharmaceuticals (IRWD) Operating Expenses (2010 - 2026) Analysis & Trends
Ironwood Pharmaceuticals has disclosed Operating Expenses across 17 years of filings, most recently posting $33.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $33.9 million, down 51.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $161.3 million (down 39.05% YoY), and the FY2025 annual result was $197.6 million, down 23.48% from the prior year.
- Operating Expenses came in at $33.9 million for Q1 2026 at Ironwood Pharmaceuticals, down 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.
- The 5-year median for Operating Expenses is $46.6 million (2025), against an average of $119.9 million.
- Across the five-year window, Operating Expenses soared 2763.48% in 2023 and tumbled 94.17% in 2024, its largest moves.
- Ironwood Pharmaceuticals' 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 tumbled by 30.73% to $40.9 million in 2025, then declined by 17.04% to $33.9 million in 2026.
- The last three Operating Expenses figures came in at $33.9 million (Q1 2026), $40.9 million (Q4 2025), and $46.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 475.11 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 96.91 Mn |
| 10 | Ironwood Pharmaceuticals | 526.31 Mn | 305.84 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 |