Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026)

Ironwood Pharmaceuticals' (IRWD) quarterly Research & Development came in at $21.9 million in Q1 2026, down 20.02% year-on-year from $27.4 million in Q1 2025, and little changed quarter-over-quarter from $21.9 million in Q4 2025.

Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026) Analysis & Trends

Ironwood Pharmaceuticals has disclosed Research & Development across 17 years of filings, most recently posting $21.9 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $21.9 million, down 20.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $89.6 million (down 20.7% YoY), and the FY2025 annual result was $95.1 million, down 14.62% from the prior year.
  • Research & Development came in at $21.9 million for Q1 2026 at Ironwood Pharmaceuticals, roughly flat from $21.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $35.7 million in Q4 2023 to a low of $6.0 million in Q2 2023.
  • The 5-year median for Research & Development is $22.5 million (2025), against an average of $21.2 million.
  • Across the five-year window, Research & Development plunged 67.2% in 2022 and soared 406.47% in 2024, its largest moves.
  • Ironwood Pharmaceuticals' Research & Development stood at $10.4 million in 2022, then jumped by 241.53% to $35.7 million in 2023, then decreased by 28.83% to $25.4 million in 2024, then decreased by 13.89% to $21.9 million in 2025, then increased by 0.35% to $21.9 million in 2026.
  • The last three Research & Development figures came in at $21.9 million (Q1 2026), $21.9 million (Q4 2025), and $22.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 222.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 180.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 138.20 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 934,363.43
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 296.20 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 97.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 103.35 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 46.94 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 39.38 Mn
10 Ironwood Pharmaceuticals 526.31 Mn 305.84 Mn - 21.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.94 Mn
Dec 31, 2025 21.86 Mn
Sep 30, 2025 22.47 Mn
Jun 30, 2025 23.37 Mn
Mar 31, 2025 27.43 Mn
Dec 31, 2024 25.39 Mn
Sep 30, 2024 29.83 Mn
Jun 30, 2024 30.39 Mn
Mar 31, 2024 25.82 Mn
Dec 31, 2023 35.68 Mn
Sep 30, 2023 32.99 Mn
Jun 30, 2023 6.00 Mn
Mar 31, 2023 12.85 Mn
Dec 31, 2022 10.45 Mn
Sep 30, 2022 11.55 Mn
Jun 30, 2022 11.45 Mn
Mar 31, 2022 10.82 Mn
Dec 31, 2021 31.85 Mn
Sep 30, 2021 10.91 Mn
Jun 30, 2021 12.16 Mn