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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and Metropolitan Bank Holding Corp. (MCB). Click either name above to swap in a different company.

Metropolitan Bank Holding Corp. is the larger business by last-quarter revenue ($88.5M vs $47.7M, roughly 1.9× IRONWOOD PHARMACEUTICALS INC). Metropolitan Bank Holding Corp. runs the higher net margin — 35.5% vs -4.8%, a 40.3% gap on every dollar of revenue. On growth, Metropolitan Bank Holding Corp. posted the faster year-over-year revenue change (25.4% vs -47.3%). Over the past eight quarters, Metropolitan Bank Holding Corp.'s revenue compounded faster (14.3% CAGR vs -20.2%).

Ironwood Pharmaceuticals, Inc. is a publicly traded pharmaceutical company. It was originally called Microbia, Inc.

Sandy Spring Bancorp, Inc. was a bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area. In addition to banking services, the company offered commercial and personal lines of insurance, surety bonds, workers compensation insurance, and professional liability insurance protection as well as financial planning, wealth management, and asset management for high-net-worth individuals, businesses, and associations. In April 2025, the company was acqu...

IRWD vs MCB — Head-to-Head

Bigger by revenue
MCB
MCB
1.9× larger
MCB
$88.5M
$47.7M
IRWD
Growing faster (revenue YoY)
MCB
MCB
+72.7% gap
MCB
25.4%
-47.3%
IRWD
Higher net margin
MCB
MCB
40.3% more per $
MCB
35.5%
-4.8%
IRWD
Faster 2-yr revenue CAGR
MCB
MCB
Annualised
MCB
14.3%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IRWD
IRWD
MCB
MCB
Revenue
$47.7M
$88.5M
Net Profit
$-2.3M
$31.4M
Gross Margin
Operating Margin
14.3%
Net Margin
-4.8%
35.5%
Revenue YoY
-47.3%
25.4%
Net Profit YoY
-200.9%
92.2%
EPS (diluted)
$0.01
$2.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IRWD
IRWD
MCB
MCB
Q1 26
$88.5M
Q4 25
$47.7M
$88.4M
Q3 25
$122.1M
$79.8M
Q2 25
$85.2M
$76.3M
Q1 25
$41.1M
$70.6M
Q4 24
$90.5M
$71.0M
Q3 24
$91.6M
$71.5M
Q2 24
$94.4M
$67.7M
Net Profit
IRWD
IRWD
MCB
MCB
Q1 26
$31.4M
Q4 25
$-2.3M
$28.9M
Q3 25
$40.1M
$7.1M
Q2 25
$23.6M
$18.8M
Q1 25
$-37.4M
$16.4M
Q4 24
$2.3M
$21.4M
Q3 24
$3.6M
$12.3M
Q2 24
$-860.0K
$16.8M
Operating Margin
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
14.3%
46.6%
Q3 25
61.8%
12.8%
Q2 25
53.2%
35.1%
Q1 25
-70.7%
33.1%
Q4 24
34.8%
44.1%
Q3 24
28.0%
24.6%
Q2 24
26.5%
35.3%
Net Margin
IRWD
IRWD
MCB
MCB
Q1 26
35.5%
Q4 25
-4.8%
32.6%
Q3 25
32.8%
8.9%
Q2 25
27.7%
24.6%
Q1 25
-90.9%
23.2%
Q4 24
2.5%
30.2%
Q3 24
4.0%
17.2%
Q2 24
-0.9%
24.8%
EPS (diluted)
IRWD
IRWD
MCB
MCB
Q1 26
$2.92
Q4 25
$0.01
$2.74
Q3 25
$0.23
$0.67
Q2 25
$0.14
$1.76
Q1 25
$-0.23
$1.45
Q4 24
$0.03
$1.89
Q3 24
$0.02
$1.08
Q2 24
$-0.01
$1.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IRWD
IRWD
MCB
MCB
Cash + ST InvestmentsLiquidity on hand
$215.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$948.3M
Total Assets
$396.9M
$8.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
$215.5M
$393.6M
Q3 25
$140.4M
$385.9M
Q2 25
$92.9M
$152.5M
Q1 25
$108.5M
$196.5M
Q4 24
$88.6M
$200.3M
Q3 24
$88.2M
$318.5M
Q2 24
$105.5M
$244.7M
Total Debt
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
Q3 25
$199.5M
Q2 25
$199.3M
Q1 25
$199.2M
Q4 24
$199.0M
Q3 24
$198.8M
Q2 24
$198.6M
Stockholders' Equity
IRWD
IRWD
MCB
MCB
Q1 26
$948.3M
Q4 25
$-261.8M
$743.1M
Q3 25
$-264.2M
$732.0M
Q2 25
$-308.2M
$723.0M
Q1 25
$-334.1M
$737.8M
Q4 24
$-301.3M
$729.8M
Q3 24
$-311.3M
$715.2M
Q2 24
$-321.7M
$692.4M
Total Assets
IRWD
IRWD
MCB
MCB
Q1 26
$8.8B
Q4 25
$396.9M
$8.3B
Q3 25
$396.1M
$8.2B
Q2 25
$342.9M
$7.9B
Q1 25
$327.2M
$7.6B
Q4 24
$350.9M
$7.3B
Q3 24
$389.5M
$7.4B
Q2 24
$395.6M
$7.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IRWD
IRWD
MCB
MCB
Operating Cash FlowLast quarter
$74.6M
Free Cash FlowOCF − Capex
$74.6M
FCF MarginFCF / Revenue
156.3%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$127.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
$74.6M
$88.7M
Q3 25
$47.6M
$31.8M
Q2 25
$-15.1M
$18.4M
Q1 25
$20.0M
$7.8M
Q4 24
$15.2M
$148.5M
Q3 24
$9.9M
$4.8M
Q2 24
$33.5M
$35.3M
Free Cash Flow
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
$74.6M
Q3 25
$47.6M
Q2 25
$-15.1M
Q1 25
$19.9M
Q4 24
Q3 24
$9.9M
Q2 24
$33.4M
FCF Margin
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
156.3%
Q3 25
39.0%
Q2 25
-17.7%
Q1 25
48.4%
Q4 24
Q3 24
10.8%
Q2 24
35.4%
Capex Intensity
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
IRWD
IRWD
MCB
MCB
Q1 26
Q4 25
3.07×
Q3 25
1.19×
4.47×
Q2 25
-0.64×
0.98×
Q1 25
0.47×
Q4 24
6.74×
6.93×
Q3 24
2.71×
0.39×
Q2 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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