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

Quest Resource Holding Corp is the larger business by last-quarter revenue ($58.9M vs $47.7M, roughly 1.2× IRONWOOD PHARMACEUTICALS INC). Quest Resource Holding Corp runs the higher net margin — -2.8% vs -4.8%, a 2.0% gap on every dollar of revenue. On growth, Quest Resource Holding Corp posted the faster year-over-year revenue change (-15.8% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $1.0M). Over the past eight quarters, Quest Resource Holding Corp's revenue compounded faster (-10.0% CAGR vs -20.2%).

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

Quest Resource Holding Corp provides end-to-end waste management, recycling, and sustainability solutions to commercial, industrial, and retail clients across North America. It helps businesses cut waste volumes, reduce operational costs, and fulfill corporate environmental targets via customized waste diversion and circular economy initiatives.

IRWD vs QRHC — Head-to-Head

Bigger by revenue
QRHC
QRHC
1.2× larger
QRHC
$58.9M
$47.7M
IRWD
Growing faster (revenue YoY)
QRHC
QRHC
+31.5% gap
QRHC
-15.8%
-47.3%
IRWD
Higher net margin
QRHC
QRHC
2.0% more per $
QRHC
-2.8%
-4.8%
IRWD
More free cash flow
IRWD
IRWD
$73.6M more FCF
IRWD
$74.6M
$1.0M
QRHC
Faster 2-yr revenue CAGR
QRHC
QRHC
Annualised
QRHC
-10.0%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
QRHC
QRHC
Revenue
$47.7M
$58.9M
Net Profit
$-2.3M
$-1.7M
Gross Margin
15.5%
Operating Margin
14.3%
0.9%
Net Margin
-4.8%
-2.8%
Revenue YoY
-47.3%
-15.8%
Net Profit YoY
-200.9%
82.6%
EPS (diluted)
$0.01
$-0.08

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
QRHC
QRHC
Q4 25
$47.7M
$58.9M
Q3 25
$122.1M
$63.3M
Q2 25
$85.2M
$59.5M
Q1 25
$41.1M
$68.4M
Q4 24
$90.5M
$70.0M
Q3 24
$91.6M
$72.8M
Q2 24
$94.4M
$73.1M
Q1 24
$74.9M
$72.7M
Net Profit
IRWD
IRWD
QRHC
QRHC
Q4 25
$-2.3M
$-1.7M
Q3 25
$40.1M
$-1.3M
Q2 25
$23.6M
$-2.0M
Q1 25
$-37.4M
$-10.4M
Q4 24
$2.3M
$-9.5M
Q3 24
$3.6M
$-3.4M
Q2 24
$-860.0K
$-1.5M
Q1 24
$-4.2M
$-655.0K
Gross Margin
IRWD
IRWD
QRHC
QRHC
Q4 25
15.5%
Q3 25
18.1%
Q2 25
18.5%
Q1 25
16.0%
Q4 24
15.3%
Q3 24
16.1%
Q2 24
18.5%
Q1 24
19.3%
Operating Margin
IRWD
IRWD
QRHC
QRHC
Q4 25
14.3%
0.9%
Q3 25
61.8%
1.7%
Q2 25
53.2%
0.6%
Q1 25
-70.7%
-11.9%
Q4 24
34.8%
-10.3%
Q3 24
28.0%
-1.3%
Q2 24
26.5%
2.4%
Q1 24
14.7%
2.6%
Net Margin
IRWD
IRWD
QRHC
QRHC
Q4 25
-4.8%
-2.8%
Q3 25
32.8%
-2.1%
Q2 25
27.7%
-3.3%
Q1 25
-90.9%
-15.2%
Q4 24
2.5%
-13.6%
Q3 24
4.0%
-4.7%
Q2 24
-0.9%
-2.1%
Q1 24
-5.6%
-0.9%
EPS (diluted)
IRWD
IRWD
QRHC
QRHC
Q4 25
$0.01
$-0.08
Q3 25
$0.23
$-0.06
Q2 25
$0.14
$-0.09
Q1 25
$-0.23
$-0.50
Q4 24
$0.03
$-0.47
Q3 24
$0.02
$-0.16
Q2 24
$-0.01
$-0.07
Q1 24
$-0.03
$-0.03

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
QRHC
QRHC
Cash + ST InvestmentsLiquidity on hand
$215.5M
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$-261.8M
$40.5M
Total Assets
$396.9M
$145.6M
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
QRHC
QRHC
Q4 25
$215.5M
$1.0M
Q3 25
$140.4M
$1.1M
Q2 25
$92.9M
$449.0K
Q1 25
$108.5M
$1.4M
Q4 24
$88.6M
$396.0K
Q3 24
$88.2M
$1.1M
Q2 24
$105.5M
$957.5K
Q1 24
$121.5M
$581.1K
Total Debt
IRWD
IRWD
QRHC
QRHC
Q4 25
$64.0M
Q3 25
$199.5M
$65.4M
Q2 25
$199.3M
$69.7M
Q1 25
$199.2M
$74.1M
Q4 24
$199.0M
$76.3M
Q3 24
$198.8M
$71.9M
Q2 24
$198.6M
$70.7M
Q1 24
$398.3M
$68.5M
Stockholders' Equity
IRWD
IRWD
QRHC
QRHC
Q4 25
$-261.8M
$40.5M
Q3 25
$-264.2M
$42.0M
Q2 25
$-308.2M
$42.9M
Q1 25
$-334.1M
$44.4M
Q4 24
$-301.3M
$54.2M
Q3 24
$-311.3M
$62.8M
Q2 24
$-321.7M
$65.6M
Q1 24
$-330.5M
$66.3M
Total Assets
IRWD
IRWD
QRHC
QRHC
Q4 25
$396.9M
$145.6M
Q3 25
$396.1M
$149.3M
Q2 25
$342.9M
$153.1M
Q1 25
$327.2M
$165.7M
Q4 24
$350.9M
$175.6M
Q3 24
$389.5M
$178.2M
Q2 24
$395.6M
$181.8M
Q1 24
$438.8M
$179.0M
Debt / Equity
IRWD
IRWD
QRHC
QRHC
Q4 25
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
1.41×
Q3 24
1.15×
Q2 24
1.08×
Q1 24
1.03×

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
QRHC
QRHC
Operating Cash FlowLast quarter
$74.6M
$1.1M
Free Cash FlowOCF − Capex
$74.6M
$1.0M
FCF MarginFCF / Revenue
156.3%
1.7%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
QRHC
QRHC
Q4 25
$74.6M
$1.1M
Q3 25
$47.6M
$5.7M
Q2 25
$-15.1M
$3.9M
Q1 25
$20.0M
$-1.1M
Q4 24
$15.2M
$-4.8M
Q3 24
$9.9M
$-475.0K
Q2 24
$33.5M
$808.0K
Q1 24
$45.0M
$-1.7M
Free Cash Flow
IRWD
IRWD
QRHC
QRHC
Q4 25
$74.6M
$1.0M
Q3 25
$47.6M
$5.6M
Q2 25
$-15.1M
$3.9M
Q1 25
$19.9M
$-1.2M
Q4 24
$-5.2M
Q3 24
$9.9M
$-583.0K
Q2 24
$33.4M
$-1.4M
Q1 24
$44.9M
$-3.6M
FCF Margin
IRWD
IRWD
QRHC
QRHC
Q4 25
156.3%
1.7%
Q3 25
39.0%
8.9%
Q2 25
-17.7%
6.5%
Q1 25
48.4%
-1.8%
Q4 24
-7.4%
Q3 24
10.8%
-0.8%
Q2 24
35.4%
-2.0%
Q1 24
60.0%
-4.9%
Capex Intensity
IRWD
IRWD
QRHC
QRHC
Q4 25
0.0%
0.1%
Q3 25
0.0%
0.0%
Q2 25
0.0%
0.0%
Q1 25
0.1%
0.2%
Q4 24
0.0%
0.6%
Q3 24
0.0%
0.1%
Q2 24
0.1%
3.1%
Q1 24
0.1%
2.6%
Cash Conversion
IRWD
IRWD
QRHC
QRHC
Q4 25
Q3 25
1.19×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRWD
IRWD

Segment breakdown not available.

QRHC
QRHC

Services$55.8M95%
Product Sales And Other$3.1M5%

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