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Ironwood Pharmaceuticals IRWD Collaborative Arrangements — Contract With Customer Liability Noncurrent

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PTCTProduct — Deferred Revenue
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Other financials

Income statement

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Revenue$106.5M+159%
Operating income$72.6M+349%
Net income$40.8M+209%
EPS (diluted)$0.24+204%

Balance sheet

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Cash & equivalents$220.5M+103%
Total debt$212.4M+1,323%
Total equity-$217.1M+35.0%
Total assets$434.6M+32.8%

Cash flow

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Operating cash flow$5.1M-74.3%
CapEx-
Free cash flow$74.6M+390%

Valuation

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Market cap$632.12M+457%
Enterprise value$624M+3,024%
P/E6.2×
P/S1.8×+1.4×

Profitability

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Gross margin99.2%
Operating margin55.4%+38.7pp
Net margin28.3%+22.3pp
FCF margin24.7%-11.1pp

Returns & leverage

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Return on equity29.7%-138pp
Debt / equity-0.5×
Current ratio1.4×-1.9×

Where this comes from

Reported directly by Ironwood Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Ironwood Pharmaceuticals’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ironwood Pharmaceuticals's collaborative arrangements — contract with customer liability noncurrent?
Ironwood Pharmaceuticals (IRWD) reported collaborative arrangements — contract with customer liability noncurrent of $5.3M in Q4 2025.
What does collaborative arrangements — contract with customer liability noncurrent mean?
This represents the portion of deferred revenue or performance obligations from collaborative arrangements that are expected to be satisfied beyond the next twelve months. It reflects long-term contractual commitments and the timing of future performance obligations in multi-year partnerships. Monitoring this helps investors understand the long-term revenue pipeline associated with existing collaborative agreements.