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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and Orange County Bancorp, Inc. (OBT). Click either name above to swap in a different company.

IRONWOOD PHARMACEUTICALS INC is the larger business by last-quarter revenue ($47.7M vs $33.0M, roughly 1.4× Orange County Bancorp, Inc.). Orange County Bancorp, Inc. runs the higher net margin — 37.6% vs -4.8%, a 42.4% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $41.3M). Over the past eight quarters, Orange County Bancorp, Inc.'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.

Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.

IRWD vs OBT — Head-to-Head

Bigger by revenue
IRWD
IRWD
1.4× larger
IRWD
$47.7M
$33.0M
OBT
Growing faster (revenue YoY)
OBT
OBT
+67.9% gap
OBT
20.6%
-47.3%
IRWD
Higher net margin
OBT
OBT
42.4% more per $
OBT
37.6%
-4.8%
IRWD
More free cash flow
IRWD
IRWD
$33.2M more FCF
IRWD
$74.6M
$41.3M
OBT
Faster 2-yr revenue CAGR
OBT
OBT
Annualised
OBT
14.3%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
OBT
OBT
Revenue
$47.7M
$33.0M
Net Profit
$-2.3M
$12.4M
Gross Margin
Operating Margin
14.3%
41.4%
Net Margin
-4.8%
37.6%
Revenue YoY
-47.3%
20.6%
Net Profit YoY
-200.9%
73.5%
EPS (diluted)
$0.01
$0.94

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
OBT
OBT
Q4 25
$47.7M
$33.0M
Q3 25
$122.1M
$33.7M
Q2 25
$85.2M
$32.5M
Q1 25
$41.1M
$28.0M
Q4 24
$90.5M
$27.4M
Q3 24
$91.6M
$27.1M
Q2 24
$94.4M
$27.9M
Q1 24
$74.9M
$25.3M
Net Profit
IRWD
IRWD
OBT
OBT
Q4 25
$-2.3M
$12.4M
Q3 25
$40.1M
$10.0M
Q2 25
$23.6M
$10.5M
Q1 25
$-37.4M
$8.7M
Q4 24
$2.3M
$7.2M
Q3 24
$3.6M
$3.2M
Q2 24
$-860.0K
$8.2M
Q1 24
$-4.2M
$9.3M
Operating Margin
IRWD
IRWD
OBT
OBT
Q4 25
14.3%
41.4%
Q3 25
61.8%
38.6%
Q2 25
53.2%
41.9%
Q1 25
-70.7%
40.3%
Q4 24
34.8%
32.8%
Q3 24
28.0%
14.8%
Q2 24
26.5%
36.6%
Q1 24
14.7%
45.9%
Net Margin
IRWD
IRWD
OBT
OBT
Q4 25
-4.8%
37.6%
Q3 25
32.8%
29.7%
Q2 25
27.7%
32.2%
Q1 25
-90.9%
31.1%
Q4 24
2.5%
26.2%
Q3 24
4.0%
11.8%
Q2 24
-0.9%
29.4%
Q1 24
-5.6%
36.7%
EPS (diluted)
IRWD
IRWD
OBT
OBT
Q4 25
$0.01
$0.94
Q3 25
$0.23
$0.75
Q2 25
$0.14
$0.87
Q1 25
$-0.23
$0.77
Q4 24
$0.03
$0.64
Q3 24
$0.02
$0.28
Q2 24
$-0.01
$0.73
Q1 24
$-0.03
$0.82

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
OBT
OBT
Cash + ST InvestmentsLiquidity on hand
$215.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$284.4M
Total Assets
$396.9M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
OBT
OBT
Q4 25
$215.5M
Q3 25
$140.4M
Q2 25
$92.9M
Q1 25
$108.5M
Q4 24
$88.6M
Q3 24
$88.2M
Q2 24
$105.5M
Q1 24
$121.5M
Total Debt
IRWD
IRWD
OBT
OBT
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
Q1 24
$398.3M
Stockholders' Equity
IRWD
IRWD
OBT
OBT
Q4 25
$-261.8M
$284.4M
Q3 25
$-264.2M
$270.1M
Q2 25
$-308.2M
$252.6M
Q1 25
$-334.1M
$201.3M
Q4 24
$-301.3M
$185.5M
Q3 24
$-311.3M
$193.1M
Q2 24
$-321.7M
$177.5M
Q1 24
$-330.5M
$168.7M
Total Assets
IRWD
IRWD
OBT
OBT
Q4 25
$396.9M
$2.7B
Q3 25
$396.1M
$2.6B
Q2 25
$342.9M
$2.6B
Q1 25
$327.2M
$2.6B
Q4 24
$350.9M
$2.5B
Q3 24
$389.5M
$2.5B
Q2 24
$395.6M
$2.5B
Q1 24
$438.8M
$2.5B

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
OBT
OBT
Operating Cash FlowLast quarter
$74.6M
$43.8M
Free Cash FlowOCF − Capex
$74.6M
$41.3M
FCF MarginFCF / Revenue
156.3%
125.1%
Capex IntensityCapex / Revenue
0.0%
7.6%
Cash ConversionOCF / Net Profit
3.53×
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
OBT
OBT
Q4 25
$74.6M
$43.8M
Q3 25
$47.6M
$30.2M
Q2 25
$-15.1M
$-5.0M
Q1 25
$20.0M
$4.8M
Q4 24
$15.2M
$34.6M
Q3 24
$9.9M
$10.2M
Q2 24
$33.5M
$9.3M
Q1 24
$45.0M
$2.3M
Free Cash Flow
IRWD
IRWD
OBT
OBT
Q4 25
$74.6M
$41.3M
Q3 25
$47.6M
$29.6M
Q2 25
$-15.1M
$-5.7M
Q1 25
$19.9M
$4.3M
Q4 24
$32.9M
Q3 24
$9.9M
$10.0M
Q2 24
$33.4M
$9.2M
Q1 24
$44.9M
$2.0M
FCF Margin
IRWD
IRWD
OBT
OBT
Q4 25
156.3%
125.1%
Q3 25
39.0%
87.8%
Q2 25
-17.7%
-17.5%
Q1 25
48.4%
15.5%
Q4 24
120.0%
Q3 24
10.8%
36.7%
Q2 24
35.4%
32.8%
Q1 24
60.0%
7.9%
Capex Intensity
IRWD
IRWD
OBT
OBT
Q4 25
0.0%
7.6%
Q3 25
0.0%
1.8%
Q2 25
0.0%
2.3%
Q1 25
0.1%
1.8%
Q4 24
0.0%
6.3%
Q3 24
0.0%
1.1%
Q2 24
0.1%
0.4%
Q1 24
0.1%
1.0%
Cash Conversion
IRWD
IRWD
OBT
OBT
Q4 25
3.53×
Q3 25
1.19×
3.01×
Q2 25
-0.64×
-0.47×
Q1 25
0.56×
Q4 24
6.74×
4.83×
Q3 24
2.71×
3.19×
Q2 24
1.13×
Q1 24
0.24×

Financial Flow Comparison

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

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