Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026)
Ironwood Pharmaceuticals' (IRWD) quarterly Research & Development came in at $22.4 million in Q2 2026, down 4.07% year-over-year from $23.4 million in Q2 2025, and up 2.19% quarter-over-quarter from $21.9 million in Q1 2026.
Analysis
Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026) Analysis & Trends
Ironwood Pharmaceuticals has disclosed Research & Development across 17 years of filings, most recently posting $22.4 million for Q2 2026.
- In Q2 2026, Research & Development fell 4.07% year-over-year to $22.4 million; the TTM figure through Jun 2026 stood at $88.7 million (down 16.35% YoY), while the FY2025 annual figure was $95.1 million, down 14.62% from the prior year.
- Research & Development came in at $22.4 million for Q2 2026 at Ironwood Pharmaceuticals, up 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 $10.4 million in Q4 2022.
- Average Research & Development over 5 years is $22.8 million, with a median of $22.9 million recorded in 2025.
- Year-over-year, Research & Development tumbled 67.2% in 2022 and jumped 241.53% in 2023.
- Over 5 years, 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 advanced by 2.55% to $22.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $22.4 million in Q2 2026, $21.9 million in Q1 2026, and $21.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 211.73 Bn | 197.74 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 180.92 Bn | 177.74 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 132.16 Bn | 124.30 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 82.89 Bn | 74.90 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 61.41 Bn | 56.23 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 53.99 Bn | 48.85 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 34.48 Bn | 31.18 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.15 Bn | 29.86 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 30.05 Bn | 30.05 Bn | 1.16 Mn | 202.02 Mn |
| 10 | Ironwood Pharmaceuticals | 669.13 Mn | 590.00 Mn | - | 22.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.42 Mn |
| 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 | 34.58 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 |