Feed / IRWD

Ironwood Pharmaceuticals, Inc.

IRWD

Healthcare · 3.97 -2.5% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Ironwood Pharmaceuticals, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Company-2.5% todayVolume comparison unavailable
Market group0 of 13 activeRegional Financial Services · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
  • IRWD's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if IRWD's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Drug Manufacturers - Specialty & Generic

No new filing conclusion is available. 0 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • IRWD's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements55
Verified relationships7
Evidence supporting the case
  • Operating margin changed +6.8 percentage points in the latest annual period.
  • Net margin changed +7.9 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -15.7% year over year.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 39% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 15% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

3.97
6m+16.1%12m+215.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$413.8M+6.2%$3.21+2.3%
2022-12-31$410.6M-0.8%$0.96+13.3%
2023-12-31$442.7M+7.8%$-6.45-16.6%
2024-12-31$351.4M-20.6%$0.01+3.0%
2025-12-31$296.2M-15.7%$0.15+1.8%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Interest expense and other financing costs increased by $1.1 million for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 , primarily due to professional services incurred in connection with potential financing transacti…
10-Q · May 7, 2026
Restructuring and cost reductionsnegative · 4 filings
The following table summarizes share-based compensation expense (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, ​ ​ ​ ​ 2026 ​ ​ ​ 2025 Share-based compensation expense: ​ ​ ​ ​ ​ ​ Research and development ​ $ 1,451 ​ $ 1,490 Selling, ge…
10-Q · May 7, 2026
Demand and volumemixed · 3 filings
The decrease was primarily related to a $51.1 million decrease in our share of net profits from the sale of LINZESS in the U.S., which was driven by decreased net price and inventory channel fluctuations, partially offset by increased prescription demand.
10-K · Feb 26, 2026
Product pipeline and R&Dnegative · 2 filings
Due to the Company's ability to offset the majority of its pre-tax income against net operating losses and research and development credits, the majority of its tax provision is expected to represent a non-cash expense.
10-Q · May 7, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.2× · EV/sales 1.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

3.97-2.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for IRWD. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for IRWD. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind IRWD

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ABBVAbbVie Inc.partnerMay 7, 2026

Linaclotide is available under the trademarked name CONSTELLA ® for the treatment of adults with IBS-C or CIC and pediatric patients ages 6-17 years old with FC in Canada, and to adults with IBS-C in certain European countries.

AZNAstraZeneca PLCpartnerMay 7, 2026

ther with its affiliates, AstraZeneca in China (including Hong Kong and Macau), and Astellas Pharma Inc., or Astellas, in Japan.

ARDXArdelyx, Inc.competitorFeb 26, 2026

Ardelyx, Inc.’s, or Ardelyx, IBSRELA™ (tenapanor), is approved by the U.S.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

IRWD is currently a Follower in the organic co-movement group Regional Financial Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for IRWD; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.