Ironwood's Q3 earnings beat estimates, lifting shares 6.9%, as stronger Linzess sales expectations and profitability drive a higher 2026 outlook.

Ironwood Pharmaceuticals has demonstrated exceptional operating leverage, with operating margins expanding from 14.7% in 2024Q1 to 70.2% in 2026Q2, driven by a 69% reduction in SG&A and stable R&D.
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Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.36+11.4% vs $0.32 | $133M+10.9% vs $120M |
Q3 2026 Aug 6, 2026 | $0.31-3.1% vs $0.32 | $113M-1.6% vs $115M |
Q2 2026 May 7, 2026 | $0.24+242.9% vs $0.07 | $107M+15.6% vs $92M |
Q1 2026 Feb 25, 2026 | -$0.01-150.0% vs $0.02 | $48M-6.3% vs $51M |
Ironwood's Q3 earnings beat estimates, lifting shares 6.9%, as stronger Linzess sales expectations and profitability drive a higher 2026 outlook.

Ironwood Pharmaceuticals, Inc. ( IRWD ) Q3 2026 Earnings Call November 5, 2026 8:30 AM EST Company Participants Chris Stamm - Vice President of Investor Relations & Communications Thomas McCourt - CEO & Director Tammi Gaskins - Senior Vice President & Chief Commercial Officer Jeffrey Silber - Chief Medical Officer, Head of Research & Drug Development Ronald Silver - Senior VP, Interim CFO, Corporate Controller & Chief Accounting Officer Jeff Ruberti - Chief Strategy Officer Conference Call Participants Mohit Bansal - Wells Fargo Securities, LLC, Research Division Nicholas Mattiacci Tom Rosenfeld Presentation Operator Hello, everyone. My name is Megan, and I will be your conference operator today.

Ironwood Pharmaceuticals NASDAQ: IRWD raised its 2026 financial outlook after third-quarter sales of LINZESS reached $325 million, as improved net pricing and prescription demand supported the gastrointestinal drug's performance.
Ironwood Pharmaceuticals (IRWD) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.24 per share a year ago.
Benchmark IRWD against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ironwood Pharmaceuticals, Inc. (IRWD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.39 | $722.65M | 4.87 | -15.72% | 37.38% | — | — | |
| $132.04 | $8.49B | 27.67 | -89.41% | 62.04% | 42.83% | — | |
| $2.88 | $711.44M | -12.98 | 22.09% | -11.85% | -35.3% | — | |
| $5.22 | $78.21M | -7.37 | 17.57% | -33.92% | -47.8% | — | |
| $26.16 | $3.19B | 7.09 | 4.29% | 32.75% | — | — | |
| $15.85 | $2.19B | -1.25 | -2.75% | -43.27% | -68.13% | 7.26% |
Ironwood Pharmaceuticals, Inc. (IRWD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Ironwood Pharmaceuticals, Inc. (IRWD) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jun 18, 2026·SEC
Jun 15, 2026·SEC
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Ironwood Pharmaceuticals, Inc. (IRWD) stock FAQ — growth, dividends, profitability & financials explained
Ironwood Pharmaceuticals, Inc. (IRWD) reported $400.3M in revenue over the trailing twelve months. Revenue was $296.2M in fiscal year 2025. That is 2730% more than the $10.5M of fiscal year 2007.
Ironwood Pharmaceuticals, Inc. (IRWD) grew revenue by 18.1% over the trailing twelve months, compared with the twelve months before.
Yes. Ironwood Pharmaceuticals, Inc. (IRWD) earned $149.6M in net income over the trailing twelve months (a 37.4% net margin).
Ironwood Pharmaceuticals, Inc. (IRWD) generated $127.0M in free cash flow in fiscal year 2025.