IRONWOOD PHARMACEUTICALS INC
IRWDNasdaqHealthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $41.1M | $74.9M | $104.1M | $410.6M | $413.8M | $389.5M |
| Operating income | $98.5M | $93.1M | −$945.4M | $250.3M | $232.3M | $142.9M |
| Net income | −$37.4M | $880,000 | $45.7M | $175.1M | $528.4M | $106.2M |
| Total assets | $396.9M | $350.9M | $471.1M | $1.10B | $1.13B | $559.2M |
| Total liabilities | — | — | — | — | — | — |
| Equity | −$261.8M | −$301.3M | −$346.3M | $652.4M | $605.9M | $62.6M |
| EPS (diluted) | $-0.23 | $-0.03 | $0.25 | $0.96 | $3.21 | $0.66 |
| Shares out. | 161.8M | 156.5M | 154.2M | 159.2M | 161.0M | 158.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 239.4%
- Net margin
- −90.9%
- Return on equity
- 14.3%
- Return on assets
- −9.4%
- Return on capital (ROCE)
- 63.7%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-1.62
- Revenue growth (YoY)
- −45.1%
- Net income growth (YoY)
- −4348.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −41.4%clean
- Piotroski F-Score
- 3/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 3, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Armistice Capital, LlcPassive (13G)May 15, 2026
- Renaissance Technologies LlcPassive (13G)May 14, 2026
- Bank Of America Corp /De/Passive (13G)Apr 27, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Sarissa Capital Management LpActivist (13D)Mar 19, 2026
- Barclays PlcPassive (13G)Nov 12, 2025
- State Street CorpPassive (13G)May 13, 2025
- Pacer Advisors, Inc.Passive (13G)May 2, 2025
- Blackrock, Inc.Passive (13G)Mar 7, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 17.3M | 5.8 | +0.4% |
| Apr 30, 2026 | 17.3M | 10.5 | -5.1% |
| Apr 15, 2026 | 18.2M | 10.2 | +1.6% |
| Mar 31, 2026 | 17.9M | 4.7 | +30.7% |
| Mar 13, 2026 | 13.7M | 6.7 | +6.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 13, 2026
- Results of operationsMay 7, 2026
- Other material eventMar 11, 2026
- Results of operationsFeb 25, 2026
- Results of operationsJan 2, 2026
- Entered a material agreement · Other material eventDec 23, 2025
- Other material eventNov 26, 2025
- Results of operationsNov 10, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-K/AFORM 8-K/AMay 21, 2026
- 4May 21, 2026
- SCHEDULE 13G/AMay 15, 2026
- SCHEDULE 13G/AMay 14, 2026
- 8-KFORM 8-KMay 13, 2026
- 10-QMay 7, 2026
- 8-KFORM 8-KMay 7, 2026
- ARSApr 28, 2026
- DEFA14AApr 28, 2026
- DEF 14AApr 28, 2026
- SCHEDULE 13G/AApr 27, 2026
- SCHEDULE 13G/AMar 27, 2026
- SCHEDULE 13D/AMar 19, 2026
- 4Mar 17, 2026
- 4Mar 12, 2026
Event-driven situations (2)
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