10-Q quarterly report · filed Aug 6, 2026

IRONWOOD PHARMACEUTICALS INC (IRWD) Q2 2026 10-Q Quarterly Report

Short answer

IRONWOOD PHARMACEUTICALS INC (IRWD) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $113M (up 32.6% year over year) with net income of $51M.

Q2 2026 key financials · XBRL

Revenue
$113M
+32.6% YoY · +6.1% QoQ
Net income
$51M
+117.3% YoY · +25.8% QoQ
Operating margin
70.2%
EPS (diluted)
$0.31
+121.4% YoY · +29.2% QoQ

Source: XBRL data from the IRONWOOD PHARMACEUTICALS INC (IRWD) Q2 2026 10-Q on SEC EDGAR. USD.

IRONWOOD PHARMACEUTICALS INC Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $113.0M, up $27.8M YoY, driven by $24.4M higher U.S. LINZESS net profits
  • Operating margin 70.2% vs 53.2% YoY, with operating income $79.3M vs $45.3M
  • LINZESS best-performing product, generating $24.4M incremental U.S. net profits
  • Apraglutide R&D increased to $18.8M from $17.0M YoY; IW-3300 R&D included a $(0.1)M credit
  • STARS-2 initiated in June 2026; management cites regulatory uncertainty and continued substantial R&D investment as headwinds

Risk Factors

  • New legal risk: Alkem Paragraph IV certification received June 12, 2026, challenging LINZESS patents
  • Most material update: July 2026 New Jersey lawsuit triggered FDA approval stay through December 12, 2028
  • Regulatory risk: USPTO IPR or PGR proceedings could invalidate or narrow LINZESS patent protection
  • Operational risk: At-risk generic launch could significantly reduce LINZESS revenue within a short period
  • Financial risk: LINZESS revenue concentration exposed to rapid erosion following patent-protection loss

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

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