Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026)
Ironwood Pharmaceuticals (IRWD) posted Research & Development of $21.9 million for Q1 2026, little changed sequentially from $21.9 million in Q4 2025, and down 20.02% YoY from $27.4 million in Q1 2025.
Ironwood Pharmaceuticals (IRWD) Research & Development (2010 - 2026) Analysis & Trends
Ironwood Pharmaceuticals has reported Research & Development for 17 years, with the latest figure at $21.9 million in Q1 2026.
- Quarterly Research & Development fell 20.02% year-over-year to $21.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $89.6 million (down 20.7% YoY) and the FY2025 annual result came in at $95.1 million, down 14.62% from the prior year.
- Research & Development was little changed at $21.9 million in Q1 2026 per IRWD's latest filing, from $21.9 million in the prior quarter.
- Over five years, Research & Development peaked at $35.7 million in Q4 2023 and troughed at $6.0 million in Q2 2023.
- A 5-year average of $21.2 million and a median of $22.5 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2024: Research & Development plunged 67.2% in 2022, then surged 406.47% in 2024.
- Over 5 years, Research & Development stood at $10.4 million in 2022, then soared by 241.53% to $35.7 million in 2023, then dropped by 28.83% to $25.4 million in 2024, then dropped by 13.89% to $21.9 million in 2025, then gained by 0.35% to $21.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $21.9 million, $21.9 million, and $22.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | 970.00 Mn |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | -1.05 Bn |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | 146.30 Mn |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 248.30 Mn |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | 326.70 Mn |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 92.00 Mn |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | Ironwood Pharmaceuticals | 678.17 Mn | 599.04 Mn | - | 22.42 Mn |
Historic Data
Download 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 | 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 |