Ironwood Pharmaceuticals IRWD
NASDAQ IRWD
$4.07 -0.10 (-2.40%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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