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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

RCI HOSPITALITY HOLDINGS, INC. is the larger business by last-quarter revenue ($70.9M vs $47.7M, roughly 1.5× IRONWOOD PHARMACEUTICALS INC). IRONWOOD PHARMACEUTICALS INC runs the higher net margin — -4.8% vs -7.8%, a 3.0% gap on every dollar of revenue. On growth, RCI HOSPITALITY HOLDINGS, INC. posted the faster year-over-year revenue change (-3.1% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $11.5M). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% CAGR vs -20.2%).

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

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

IRWD vs RICK — Head-to-Head

Bigger by revenue
RICK
RICK
1.5× larger
RICK
$70.9M
$47.7M
IRWD
Growing faster (revenue YoY)
RICK
RICK
+44.2% gap
RICK
-3.1%
-47.3%
IRWD
Higher net margin
IRWD
IRWD
3.0% more per $
IRWD
-4.8%
-7.8%
RICK
More free cash flow
IRWD
IRWD
$63.1M more FCF
IRWD
$74.6M
$11.5M
RICK
Faster 2-yr revenue CAGR
RICK
RICK
Annualised
RICK
-2.0%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
RICK
RICK
Revenue
$47.7M
$70.9M
Net Profit
$-2.3M
$-5.5M
Gross Margin
Operating Margin
14.3%
-0.7%
Net Margin
-4.8%
-7.8%
Revenue YoY
-47.3%
-3.1%
Net Profit YoY
-200.9%
-2354.9%
EPS (diluted)
$0.01
$-0.60

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
RICK
RICK
Q4 25
$47.7M
Q3 25
$122.1M
$70.9M
Q2 25
$85.2M
$71.1M
Q1 25
$41.1M
$65.9M
Q4 24
$90.5M
$71.5M
Q3 24
$91.6M
$73.2M
Q2 24
$94.4M
$76.2M
Q1 24
$74.9M
$72.3M
Net Profit
IRWD
IRWD
RICK
RICK
Q4 25
$-2.3M
Q3 25
$40.1M
$-5.5M
Q2 25
$23.6M
$4.1M
Q1 25
$-37.4M
$3.2M
Q4 24
$2.3M
$9.0M
Q3 24
$3.6M
$244.0K
Q2 24
$-860.0K
$-5.2M
Q1 24
$-4.2M
$774.0K
Operating Margin
IRWD
IRWD
RICK
RICK
Q4 25
14.3%
Q3 25
61.8%
-0.7%
Q2 25
53.2%
12.2%
Q1 25
-70.7%
12.4%
Q4 24
34.8%
19.5%
Q3 24
28.0%
4.8%
Q2 24
26.5%
-3.3%
Q1 24
14.7%
6.4%
Net Margin
IRWD
IRWD
RICK
RICK
Q4 25
-4.8%
Q3 25
32.8%
-7.8%
Q2 25
27.7%
5.7%
Q1 25
-90.9%
4.9%
Q4 24
2.5%
12.6%
Q3 24
4.0%
0.3%
Q2 24
-0.9%
-6.9%
Q1 24
-5.6%
1.1%
EPS (diluted)
IRWD
IRWD
RICK
RICK
Q4 25
$0.01
Q3 25
$0.23
$-0.60
Q2 25
$0.14
$0.46
Q1 25
$-0.23
$0.36
Q4 24
$0.03
$1.01
Q3 24
$0.02
$0.04
Q2 24
$-0.01
$-0.56
Q1 24
$-0.03
$0.08

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$215.5M
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$-261.8M
$261.1M
Total Assets
$396.9M
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
RICK
RICK
Q4 25
$215.5M
Q3 25
$140.4M
$33.7M
Q2 25
$92.9M
$29.3M
Q1 25
$108.5M
$32.7M
Q4 24
$88.6M
$34.7M
Q3 24
$88.2M
$32.4M
Q2 24
$105.5M
$34.9M
Q1 24
$121.5M
$20.0M
Total Debt
IRWD
IRWD
RICK
RICK
Q4 25
Q3 25
$199.5M
$238.2M
Q2 25
$199.3M
$243.8M
Q1 25
$199.2M
$244.1M
Q4 24
$199.0M
Q3 24
$198.8M
$241.1M
Q2 24
$198.6M
Q1 24
$398.3M
Stockholders' Equity
IRWD
IRWD
RICK
RICK
Q4 25
$-261.8M
Q3 25
$-264.2M
$261.1M
Q2 25
$-308.2M
$269.5M
Q1 25
$-334.1M
$268.8M
Q4 24
$-301.3M
$269.0M
Q3 24
$-311.3M
$263.4M
Q2 24
$-321.7M
$271.2M
Q1 24
$-330.5M
$285.8M
Total Assets
IRWD
IRWD
RICK
RICK
Q4 25
$396.9M
Q3 25
$396.1M
$596.9M
Q2 25
$342.9M
$597.4M
Q1 25
$327.2M
$589.8M
Q4 24
$350.9M
$586.2M
Q3 24
$389.5M
$584.4M
Q2 24
$395.6M
$601.0M
Q1 24
$438.8M
$609.9M
Debt / Equity
IRWD
IRWD
RICK
RICK
Q4 25
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
Q2 24
Q1 24

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
RICK
RICK
Operating Cash FlowLast quarter
$74.6M
$13.7M
Free Cash FlowOCF − Capex
$74.6M
$11.5M
FCF MarginFCF / Revenue
156.3%
16.2%
Capex IntensityCapex / Revenue
0.0%
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
RICK
RICK
Q4 25
$74.6M
Q3 25
$47.6M
$13.7M
Q2 25
$-15.1M
$13.8M
Q1 25
$20.0M
$8.5M
Q4 24
$15.2M
$13.3M
Q3 24
$9.9M
$15.7M
Q2 24
$33.5M
$15.8M
Q1 24
$45.0M
$10.8M
Free Cash Flow
IRWD
IRWD
RICK
RICK
Q4 25
$74.6M
Q3 25
$47.6M
$11.5M
Q2 25
$-15.1M
$10.1M
Q1 25
$19.9M
$5.7M
Q4 24
$7.6M
Q3 24
$9.9M
$10.3M
Q2 24
$33.4M
$9.3M
Q1 24
$44.9M
$3.2M
FCF Margin
IRWD
IRWD
RICK
RICK
Q4 25
156.3%
Q3 25
39.0%
16.2%
Q2 25
-17.7%
14.2%
Q1 25
48.4%
8.6%
Q4 24
10.6%
Q3 24
10.8%
14.0%
Q2 24
35.4%
12.3%
Q1 24
60.0%
4.4%
Capex Intensity
IRWD
IRWD
RICK
RICK
Q4 25
0.0%
Q3 25
0.0%
3.2%
Q2 25
0.0%
5.2%
Q1 25
0.1%
4.3%
Q4 24
0.0%
8.0%
Q3 24
0.0%
7.3%
Q2 24
0.1%
8.4%
Q1 24
0.1%
10.6%
Cash Conversion
IRWD
IRWD
RICK
RICK
Q4 25
Q3 25
1.19×
Q2 25
-0.64×
3.40×
Q1 25
2.65×
Q4 24
6.74×
1.48×
Q3 24
2.71×
64.14×
Q2 24
Q1 24
14.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRWD
IRWD

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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