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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |