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Ironwood Pharmaceuticals IRWD North America — Research And Development Expense

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Other financials

Income statement

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Revenue$113.0M+32.6%
Operating income$79.3M+75.0%
Net income$51.3M+117%
EPS (diluted)$0.31+121%

Balance sheet

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Cash & equivalents$79.1M-14.8%
Total debt$11.9M-94.4%
Total equity-$161.8M+47.5%
Total assets$285.1M-16.9%

Cash flow

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Operating cash flow$58.3M
CapEx-
Free cash flow$74.6M+390%

Valuation

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Market cap$683.15M+424%
Enterprise value$615.88M+145%
P/E5.3×
P/S1.8×+1.3×

Profitability

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Gross margin99.2%
Operating margin60.1%+36.4pp
Net margin33.4%+31.1pp
FCF margin24.7%-11.1pp

Returns & leverage

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Return on equity29.7%-138pp
Debt / equity-0.5×
Current ratio6.1×+5.2×

Where this comes from

Reported directly by Ironwood Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Ironwood Pharmaceuticals’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091987

During the three and six months ended June 30, 2026, the Company incurred $2.4 million and $3.7 million, respectively, in total research and development expenses under the linaclotide collaboration for North America. During the three and six months ended June 30, 2025, the Company incurred $1.4 million and $3.2 million, respectively, in total research and development expenses under the linaclotide collaboration for North America. As a result of the research and development cost-sharing provisions of the linaclotide collaboration for North America, the Company incurred $0.1 million and $0.3 million in incremental research and development costs during the three and six months ended June 30, 2026, respectively, and incurred $1.7 million, and $2.8 million in incremental research and development costs during the three and six months ended June 30, 2025, respectively, to reflect the obligations of each party under the collaboration to bear 50% of the development costs incurred.

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Ironwood Pharmaceuticals's north america — research and development expense?
Ironwood Pharmaceuticals (IRWD) reported north america — research and development expense of $2.4M in Q2 2026.
How has Ironwood Pharmaceuticals's north america — research and development expense changed year-over-year?
Ironwood Pharmaceuticals's north america — research and development expense increased by 71.4% year-over-year, from $1.4M to $2.4M.
What is the long-term trend for Ironwood Pharmaceuticals's north america — research and development expense?
Over 4 years (2021 to 2025), Ironwood Pharmaceuticals's north america — research and development expense has grown at a -2.2% compound annual growth rate (CAGR), from $8.2M to $7.5M.
What does north america — research and development expense mean?
This metric represents the total costs incurred by the North American segment for research and development activities, including clinical trials, drug discovery, and regulatory filings. It reflects the company's commitment to innovation and the long-term pipeline development within this specific geographic market.

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