vs

Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and MasterCraft Boat Holdings, Inc. (MCFT). Click either name above to swap in a different company.

MasterCraft Boat Holdings, Inc. is the larger business by last-quarter revenue ($71.8M vs $47.7M, roughly 1.5× IRONWOOD PHARMACEUTICALS INC). MasterCraft Boat Holdings, Inc. runs the higher net margin — 3.5% vs -4.8%, a 8.3% gap on every dollar of revenue. On growth, MasterCraft Boat Holdings, Inc. posted the faster year-over-year revenue change (13.2% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $14.0M). Over the past eight quarters, MasterCraft Boat Holdings, Inc.'s revenue compounded faster (-7.6% CAGR vs -20.2%).

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

The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. MasterCraft boats are used in waterskiing, wakeboarding and wake surfing.

IRWD vs MCFT — Head-to-Head

Bigger by revenue
MCFT
MCFT
1.5× larger
MCFT
$71.8M
$47.7M
IRWD
Growing faster (revenue YoY)
MCFT
MCFT
+60.6% gap
MCFT
13.2%
-47.3%
IRWD
Higher net margin
MCFT
MCFT
8.3% more per $
MCFT
3.5%
-4.8%
IRWD
More free cash flow
IRWD
IRWD
$60.6M more FCF
IRWD
$74.6M
$14.0M
MCFT
Faster 2-yr revenue CAGR
MCFT
MCFT
Annualised
MCFT
-7.6%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IRWD
IRWD
MCFT
MCFT
Revenue
$47.7M
$71.8M
Net Profit
$-2.3M
$2.5M
Gross Margin
21.6%
Operating Margin
14.3%
3.8%
Net Margin
-4.8%
3.5%
Revenue YoY
-47.3%
13.2%
Net Profit YoY
-200.9%
-8.0%
EPS (diluted)
$0.01
$0.16

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
MCFT
MCFT
Q4 25
$47.7M
$71.8M
Q3 25
$122.1M
$69.0M
Q2 25
$85.2M
$79.5M
Q1 25
$41.1M
$76.0M
Q4 24
$90.5M
$63.4M
Q3 24
$91.6M
$65.4M
Q2 24
$94.4M
$94.3M
Q1 24
$74.9M
$84.0M
Net Profit
IRWD
IRWD
MCFT
MCFT
Q4 25
$-2.3M
$2.5M
Q3 25
$40.1M
$3.6M
Q2 25
$23.6M
$5.7M
Q1 25
$-37.4M
$3.7M
Q4 24
$2.3M
$2.7M
Q3 24
$3.6M
$-5.1M
Q2 24
$-860.0K
$6.2M
Q1 24
$-4.2M
$3.8M
Gross Margin
IRWD
IRWD
MCFT
MCFT
Q4 25
21.6%
Q3 25
22.3%
Q2 25
23.2%
Q1 25
20.8%
Q4 24
17.2%
Q3 24
18.1%
Q2 24
23.8%
Q1 24
23.3%
Operating Margin
IRWD
IRWD
MCFT
MCFT
Q4 25
14.3%
3.8%
Q3 25
61.8%
5.5%
Q2 25
53.2%
7.5%
Q1 25
-70.7%
5.4%
Q4 24
34.8%
0.3%
Q3 24
28.0%
1.5%
Q2 24
26.5%
11.2%
Q1 24
14.7%
8.0%
Net Margin
IRWD
IRWD
MCFT
MCFT
Q4 25
-4.8%
3.5%
Q3 25
32.8%
5.3%
Q2 25
27.7%
7.2%
Q1 25
-90.9%
4.9%
Q4 24
2.5%
4.3%
Q3 24
4.0%
-7.9%
Q2 24
-0.9%
6.6%
Q1 24
-5.6%
4.5%
EPS (diluted)
IRWD
IRWD
MCFT
MCFT
Q4 25
$0.01
$0.16
Q3 25
$0.23
$0.22
Q2 25
$0.14
$0.34
Q1 25
$-0.23
$0.23
Q4 24
$0.03
$0.17
Q3 24
$0.02
$-0.31
Q2 24
$-0.01
$0.38
Q1 24
$-0.03
$0.22

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
MCFT
MCFT
Cash + ST InvestmentsLiquidity on hand
$215.5M
$81.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$189.1M
Total Assets
$396.9M
$259.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
MCFT
MCFT
Q4 25
$215.5M
$81.4M
Q3 25
$140.4M
$67.3M
Q2 25
$92.9M
$79.4M
Q1 25
$108.5M
$66.5M
Q4 24
$88.6M
$62.9M
Q3 24
$88.2M
$14.2M
Q2 24
$105.5M
$86.2M
Q1 24
$121.5M
$22.5M
Total Debt
IRWD
IRWD
MCFT
MCFT
Q4 25
Q3 25
$199.5M
Q2 25
$199.3M
Q1 25
$199.2M
Q4 24
$199.0M
Q3 24
$198.8M
$49.5M
Q2 24
$198.6M
$49.3M
Q1 24
$398.3M
$50.4M
Stockholders' Equity
IRWD
IRWD
MCFT
MCFT
Q4 25
$-261.8M
$189.1M
Q3 25
$-264.2M
$185.5M
Q2 25
$-308.2M
$183.4M
Q1 25
$-334.1M
$182.1M
Q4 24
$-301.3M
$178.3M
Q3 24
$-311.3M
$175.4M
Q2 24
$-321.7M
$183.7M
Q1 24
$-330.5M
$196.9M
Total Assets
IRWD
IRWD
MCFT
MCFT
Q4 25
$396.9M
$259.7M
Q3 25
$396.1M
$259.3M
Q2 25
$342.9M
$259.9M
Q1 25
$327.2M
$261.9M
Q4 24
$350.9M
$250.1M
Q3 24
$389.5M
$309.1M
Q2 24
$395.6M
$259.9M
Q1 24
$438.8M
$340.9M
Debt / Equity
IRWD
IRWD
MCFT
MCFT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.28×
Q2 24
0.27×
Q1 24
0.26×

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
MCFT
MCFT
Operating Cash FlowLast quarter
$74.6M
$15.6M
Free Cash FlowOCF − Capex
$74.6M
$14.0M
FCF MarginFCF / Revenue
156.3%
19.5%
Capex IntensityCapex / Revenue
0.0%
2.3%
Cash ConversionOCF / Net Profit
6.17×
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$26.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
MCFT
MCFT
Q4 25
$74.6M
$15.6M
Q3 25
$47.6M
$-6.8M
Q2 25
$-15.1M
$20.4M
Q1 25
$20.0M
$6.3M
Q4 24
$15.2M
$6.4M
Q3 24
$9.9M
$2.4M
Q2 24
$33.5M
Q1 24
$45.0M
$3.6M
Free Cash Flow
IRWD
IRWD
MCFT
MCFT
Q4 25
$74.6M
$14.0M
Q3 25
$47.6M
$-9.9M
Q2 25
$-15.1M
$17.9M
Q1 25
$19.9M
$4.3M
Q4 24
$4.0M
Q3 24
$9.9M
$199.0K
Q2 24
$33.4M
Q1 24
$44.9M
$453.0K
FCF Margin
IRWD
IRWD
MCFT
MCFT
Q4 25
156.3%
19.5%
Q3 25
39.0%
-14.4%
Q2 25
-17.7%
22.5%
Q1 25
48.4%
5.7%
Q4 24
6.4%
Q3 24
10.8%
0.3%
Q2 24
35.4%
Q1 24
60.0%
0.5%
Capex Intensity
IRWD
IRWD
MCFT
MCFT
Q4 25
0.0%
2.3%
Q3 25
0.0%
4.5%
Q2 25
0.0%
3.3%
Q1 25
0.1%
2.6%
Q4 24
0.0%
3.8%
Q3 24
0.0%
3.4%
Q2 24
0.1%
Q1 24
0.1%
3.8%
Cash Conversion
IRWD
IRWD
MCFT
MCFT
Q4 25
6.17×
Q3 25
1.19×
-1.88×
Q2 25
-0.64×
3.59×
Q1 25
1.69×
Q4 24
6.74×
2.34×
Q3 24
2.71×
Q2 24
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRWD
IRWD

Segment breakdown not available.

MCFT
MCFT

Boats And Trailers$59.5M83%
Pontoon$10.0M14%
Parts$1.7M2%

Related Comparisons