Ironwood Pharmaceuticals IRWD
NASDAQ IRWD
$4.13 -0.24 (-5.39%)
At close: Aug 20, 2026 · 12:44 PM UTC

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
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 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