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How Ironwood Pharmaceuticals (IRWD) makes money

Ironwood Pharmaceuticals (IRWD) made $133M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 70¢ was left as operating profit, 45¢ was left as net earnings.

Drawing the Sankey…

Ironwood Pharmaceuticals revenue by quarterIronwood Pharmaceuticals revenue by quarter$41.1MQ1 2025$85.2MQ2 2025$122MQ3 2025$47.7MQ4 2025$107MQ1 2026$113MQ2 2026$133MQ3 2026
Ironwood Pharmaceuticals: where each dollar of revenue goesIronwood Pharmaceuticals: where each dollar of revenue goesOperating profit70¢Income tax21¢Net earnings45¢Operating cash flow51¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$133M100.0%
Operating profit$93.1M70.0%
Income tax$27.8M20.9%
Net earnings$59.8M45.0%
Operating cash flow$67.4M50.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$133M+9%
Q2 2026$113M+33%
Q1 2026$107M+159%
Q4 2025$47.7M-47%
Q3 2025$122M+33%
Q2 2025$85.2M-10%
Q1 2025$41.1M-45%

From Ironwood Pharmaceuticals' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Ironwood Pharmaceuticals make money?

Ironwood Pharmaceuticals (IRWD) made $133M of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 70¢ was left as operating profit, 45¢ was left as net earnings.

What is Ironwood Pharmaceuticals' profit margin?

Net earnings were $59.8M, 45.0% of revenue, in the third quarter 2026; the operating margin was 70.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.