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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and Orchid Island Capital, Inc. (ORC). Click either name above to swap in a different company.

IRONWOOD PHARMACEUTICALS INC is the larger business by last-quarter revenue ($47.7M vs $38.5M, roughly 1.2× Orchid Island Capital, Inc.). Orchid Island Capital, Inc. runs the higher net margin — 268.7% vs -4.8%, a 273.5% gap on every dollar of revenue. On growth, Orchid Island Capital, Inc. posted the faster year-over-year revenue change (372.6% vs -47.3%). Over the past eight quarters, Orchid Island Capital, Inc.'s revenue compounded faster (301.6% CAGR vs -20.2%).

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

Orchid Island Capital, Inc. is a U.S.-based specialty finance company operating as a real estate investment trust. It primarily invests in residential mortgage-backed securities, including agency and non-agency products, targeting consistent risk-adjusted returns for its investors across U.S. fixed income markets.

IRWD vs ORC — Head-to-Head

Bigger by revenue
IRWD
IRWD
1.2× larger
IRWD
$47.7M
$38.5M
ORC
Growing faster (revenue YoY)
ORC
ORC
+419.9% gap
ORC
372.6%
-47.3%
IRWD
Higher net margin
ORC
ORC
273.5% more per $
ORC
268.7%
-4.8%
IRWD
Faster 2-yr revenue CAGR
ORC
ORC
Annualised
ORC
301.6%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
ORC
ORC
Revenue
$47.7M
$38.5M
Net Profit
$-2.3M
$103.4M
Gross Margin
Operating Margin
14.3%
Net Margin
-4.8%
268.7%
Revenue YoY
-47.3%
372.6%
Net Profit YoY
-200.9%
1764.9%
EPS (diluted)
$0.01

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
ORC
ORC
Q4 25
$47.7M
$38.5M
Q3 25
$122.1M
$26.9M
Q2 25
$85.2M
$23.2M
Q1 25
$41.1M
$19.7M
Q4 24
$90.5M
Q3 24
$91.6M
$340.0K
Q2 24
$94.4M
$-697.0K
Q1 24
$74.9M
$-2.5M
Net Profit
IRWD
IRWD
ORC
ORC
Q4 25
$-2.3M
$103.4M
Q3 25
$40.1M
$72.1M
Q2 25
$23.6M
$-33.6M
Q1 25
$-37.4M
$17.1M
Q4 24
$2.3M
Q3 24
$3.6M
$17.3M
Q2 24
$-860.0K
$-5.0M
Q1 24
$-4.2M
$19.8M
Operating Margin
IRWD
IRWD
ORC
ORC
Q4 25
14.3%
Q3 25
61.8%
Q2 25
53.2%
Q1 25
-70.7%
Q4 24
34.8%
Q3 24
28.0%
Q2 24
26.5%
Q1 24
14.7%
Net Margin
IRWD
IRWD
ORC
ORC
Q4 25
-4.8%
268.7%
Q3 25
32.8%
267.8%
Q2 25
27.7%
-145.0%
Q1 25
-90.9%
86.9%
Q4 24
2.5%
Q3 24
4.0%
5094.1%
Q2 24
-0.9%
714.3%
Q1 24
-5.6%
-794.2%
EPS (diluted)
IRWD
IRWD
ORC
ORC
Q4 25
$0.01
Q3 25
$0.23
Q2 25
$0.14
Q1 25
$-0.23
Q4 24
$0.03
Q3 24
$0.02
Q2 24
$-0.01
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
ORC
ORC
Cash + ST InvestmentsLiquidity on hand
$215.5M
$665.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$1.4B
Total Assets
$396.9M
$11.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
ORC
ORC
Q4 25
$215.5M
$665.9M
Q3 25
$140.4M
$583.9M
Q2 25
$92.9M
$440.8M
Q1 25
$108.5M
$396.4M
Q4 24
$88.6M
Q3 24
$88.2M
$322.1M
Q2 24
$105.5M
$241.0M
Q1 24
$121.5M
$190.4M
Total Debt
IRWD
IRWD
ORC
ORC
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
ORC
ORC
Q4 25
$-261.8M
$1.4B
Q3 25
$-264.2M
$1.1B
Q2 25
$-308.2M
$912.0M
Q1 25
$-334.1M
$855.9M
Q4 24
$-301.3M
Q3 24
$-311.3M
$656.0M
Q2 24
$-321.7M
$555.9M
Q1 24
$-330.5M
$481.6M
Total Assets
IRWD
IRWD
ORC
ORC
Q4 25
$396.9M
$11.7B
Q3 25
$396.1M
$9.1B
Q2 25
$342.9M
$7.6B
Q1 25
$327.2M
$7.3B
Q4 24
$350.9M
Q3 24
$389.5M
$5.9B
Q2 24
$395.6M
$4.9B
Q1 24
$438.8M
$4.2B

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
ORC
ORC
Operating Cash FlowLast quarter
$74.6M
$120.4M
Free Cash FlowOCF − Capex
$74.6M
FCF MarginFCF / Revenue
156.3%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters
$127.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
ORC
ORC
Q4 25
$74.6M
$120.4M
Q3 25
$47.6M
$28.0M
Q2 25
$-15.1M
$18.4M
Q1 25
$20.0M
$25.8M
Q4 24
$15.2M
Q3 24
$9.9M
$-14.8M
Q2 24
$33.5M
$19.3M
Q1 24
$45.0M
$45.0M
Free Cash Flow
IRWD
IRWD
ORC
ORC
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
Q1 24
$44.9M
FCF Margin
IRWD
IRWD
ORC
ORC
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%
Q1 24
60.0%
Capex Intensity
IRWD
IRWD
ORC
ORC
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%
Q1 24
0.1%
Cash Conversion
IRWD
IRWD
ORC
ORC
Q4 25
1.16×
Q3 25
1.19×
0.39×
Q2 25
-0.64×
Q1 25
1.51×
Q4 24
6.74×
Q3 24
2.71×
-0.86×
Q2 24
Q1 24
2.28×

Financial Flow Comparison

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

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