10-Q quarterly report · filed Nov 10, 2025

IRONWOOD PHARMACEUTICALS INC (IRWD) Q3 2025 10-Q Quarterly Report

Short answer

IRONWOOD PHARMACEUTICALS INC (IRWD) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $122M (up 33.3% year over year) with net income of $40M.

Q3 2025 key financials · XBRL

Revenue
$122M
+33.3% YoY · +43.2% QoQ
Net income
$40M
+999.3% YoY · +69.8% QoQ
Operating margin
61.8%
EPS (diluted)
$0.25
+1150.0% YoY · +78.6% QoQ

Source: XBRL data from the IRONWOOD PHARMACEUTICALS INC (IRWD) Q3 2025 10-Q on SEC EDGAR. USD.

IRONWOOD PHARMACEUTICALS INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $122.1M, up $30.5M YoY, driven by $30.8M higher U.S. LINZESS net-profit share
  • Operating margin 61.8% vs 28.0% YoY; net income $40.1M vs $3.6M
  • Best-performing line: LINZESS U.S. net-profit share, up $30.8M; apraglutide R&D $17.8M vs $20.4M
  • SG&A $21.9M, down $14.2M; R&D $22.5M, down $7.4M, offset by $2.2M restructuring expense
  • Apraglutide confirmatory Phase III trial expected in first half of 2026, subject to FDA alignment in fourth quarter 2025

Risk Factors

  • Strategic-alternatives process newly triggered by April 2025 FDA guidance requiring a confirmatory Phase III trial for apraglutide
  • Transaction execution risk, with Goldman Sachs engaged and no assurance of favorable terms or completion
  • Regulatory risk, confirmatory Phase III trial required for apraglutide NDA approval in SBS-IF patients dependent on PS
  • Market risk, failure to complete a strategic alternative could depress Class A common-stock price
  • Operational risk, strategic-alternative negotiations may disrupt operations and hinder qualified-personnel retention

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other IRONWOOD PHARMACEUTICALS INC quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.