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Ironwood Pharmaceuticals (IRWD) R&D spending by quarter

Ironwood Pharmaceuticals' R&D spending was $28.4M in Q3 2026 (third quarter 2026), +26% from Q2 2026. Over the last 5 quarters it ranged from $21.9M (Q1 2026) to $28.4M (Q3 2026).

Ironwood Pharmaceuticals R&D spending by quarterIronwood Pharmaceuticals R&D spending by quarter$27.4MQ1 2025$22.5MQ3 2025$21.9MQ1 2026$22.4MQ2 2026$28.4MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$28.4M+26%+26%
Q2 2026$22.4M+2%—
Q1 2026$21.9M-2%-20%
Q3 2025$22.5M-18%—
Q1 2025$27.4M——

Q3 2026 at a glance

Ironwood Pharmaceuticals, Q3 2026: revenue $133M (+9% year over year), operating margin 70.0%, net earnings $59.8M, operating cash flow $67.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ironwood Pharmaceuticals' R&D spending?

Ironwood Pharmaceuticals' R&D spending was $28.4M in Q3 2026 (third quarter 2026), +26% from Q2 2026.

How has Ironwood Pharmaceuticals' R&D spending changed?

Over the last 5 quarters it ranged from $21.9M (Q1 2026) to $28.4M (Q3 2026).

Q3 2026 results → · How Ironwood Pharmaceuticals makes money →