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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.

IRONWOOD PHARMACEUTICALS INC is the larger business by last-quarter revenue ($47.7M vs $39.4M, roughly 1.2× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -4.8%, a 59.7% gap on every dollar of revenue. On growth, SANDRIDGE ENERGY INC posted the faster year-over-year revenue change (1.1% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $14.4M). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% CAGR vs -20.2%).

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

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

IRWD vs SD — Head-to-Head

Bigger by revenue
IRWD
IRWD
1.2× larger
IRWD
$47.7M
$39.4M
SD
Growing faster (revenue YoY)
SD
SD
+48.4% gap
SD
1.1%
-47.3%
IRWD
Higher net margin
SD
SD
59.7% more per $
SD
54.9%
-4.8%
IRWD
More free cash flow
IRWD
IRWD
$60.1M more FCF
IRWD
$74.6M
$14.4M
SD
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
SD
SD
Revenue
$47.7M
$39.4M
Net Profit
$-2.3M
$21.6M
Gross Margin
Operating Margin
14.3%
38.5%
Net Margin
-4.8%
54.9%
Revenue YoY
-47.3%
1.1%
Net Profit YoY
-200.9%
23.1%
EPS (diluted)
$0.01
$0.59

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
SD
SD
Q4 25
$47.7M
$39.4M
Q3 25
$122.1M
$39.8M
Q2 25
$85.2M
$34.5M
Q1 25
$41.1M
$42.6M
Q4 24
$90.5M
$39.0M
Q3 24
$91.6M
$30.1M
Q2 24
$94.4M
$26.0M
Q1 24
$74.9M
$30.3M
Net Profit
IRWD
IRWD
SD
SD
Q4 25
$-2.3M
$21.6M
Q3 25
$40.1M
$16.0M
Q2 25
$23.6M
$19.6M
Q1 25
$-37.4M
$13.0M
Q4 24
$2.3M
$17.6M
Q3 24
$3.6M
$25.5M
Q2 24
$-860.0K
$8.8M
Q1 24
$-4.2M
$11.1M
Operating Margin
IRWD
IRWD
SD
SD
Q4 25
14.3%
38.5%
Q3 25
61.8%
37.8%
Q2 25
53.2%
53.7%
Q1 25
-70.7%
28.6%
Q4 24
34.8%
25.9%
Q3 24
28.0%
28.3%
Q2 24
26.5%
23.9%
Q1 24
14.7%
27.8%
Net Margin
IRWD
IRWD
SD
SD
Q4 25
-4.8%
54.9%
Q3 25
32.8%
40.1%
Q2 25
27.7%
56.6%
Q1 25
-90.9%
30.6%
Q4 24
2.5%
45.1%
Q3 24
4.0%
84.8%
Q2 24
-0.9%
33.9%
Q1 24
-5.6%
36.7%
EPS (diluted)
IRWD
IRWD
SD
SD
Q4 25
$0.01
$0.59
Q3 25
$0.23
$0.43
Q2 25
$0.14
$0.53
Q1 25
$-0.23
$0.35
Q4 24
$0.03
$0.46
Q3 24
$0.02
$0.69
Q2 24
$-0.01
$0.24
Q1 24
$-0.03
$0.30

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
SD
SD
Cash + ST InvestmentsLiquidity on hand
$215.5M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$510.9M
Total Assets
$396.9M
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
SD
SD
Q4 25
$215.5M
$111.0M
Q3 25
$140.4M
$101.2M
Q2 25
$92.9M
$102.8M
Q1 25
$108.5M
$99.7M
Q4 24
$88.6M
$98.1M
Q3 24
$88.2M
$92.7M
Q2 24
$105.5M
$209.9M
Q1 24
$121.5M
$207.0M
Total Debt
IRWD
IRWD
SD
SD
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
SD
SD
Q4 25
$-261.8M
$510.9M
Q3 25
$-264.2M
$492.4M
Q2 25
$-308.2M
$480.2M
Q1 25
$-334.1M
$464.9M
Q4 24
$-301.3M
$460.5M
Q3 24
$-311.3M
$446.8M
Q2 24
$-321.7M
$424.8M
Q1 24
$-330.5M
$419.7M
Total Assets
IRWD
IRWD
SD
SD
Q4 25
$396.9M
$644.0M
Q3 25
$396.1M
$619.0M
Q2 25
$342.9M
$602.3M
Q1 25
$327.2M
$588.3M
Q4 24
$350.9M
$581.5M
Q3 24
$389.5M
$565.2M
Q2 24
$395.6M
$529.6M
Q1 24
$438.8M
$527.4M

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
SD
SD
Operating Cash FlowLast quarter
$74.6M
$31.7M
Free Cash FlowOCF − Capex
$74.6M
$14.4M
FCF MarginFCF / Revenue
156.3%
36.6%
Capex IntensityCapex / Revenue
0.0%
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
SD
SD
Q4 25
$74.6M
$31.7M
Q3 25
$47.6M
$25.3M
Q2 25
$-15.1M
$22.9M
Q1 25
$20.0M
$20.3M
Q4 24
$15.2M
$26.0M
Q3 24
$9.9M
$20.8M
Q2 24
$33.5M
$11.4M
Q1 24
$45.0M
$15.7M
Free Cash Flow
IRWD
IRWD
SD
SD
Q4 25
$74.6M
$14.4M
Q3 25
$47.6M
$5.9M
Q2 25
$-15.1M
$7.3M
Q1 25
$19.9M
$13.9M
Q4 24
$13.2M
Q3 24
$9.9M
$10.8M
Q2 24
$33.4M
$9.0M
Q1 24
$44.9M
$14.6M
FCF Margin
IRWD
IRWD
SD
SD
Q4 25
156.3%
36.6%
Q3 25
39.0%
14.9%
Q2 25
-17.7%
21.0%
Q1 25
48.4%
32.7%
Q4 24
33.8%
Q3 24
10.8%
36.1%
Q2 24
35.4%
34.5%
Q1 24
60.0%
48.1%
Capex Intensity
IRWD
IRWD
SD
SD
Q4 25
0.0%
43.8%
Q3 25
0.0%
48.6%
Q2 25
0.0%
45.2%
Q1 25
0.1%
15.0%
Q4 24
0.0%
32.9%
Q3 24
0.0%
33.3%
Q2 24
0.1%
9.4%
Q1 24
0.1%
3.7%
Cash Conversion
IRWD
IRWD
SD
SD
Q4 25
1.46×
Q3 25
1.19×
1.58×
Q2 25
-0.64×
1.17×
Q1 25
1.56×
Q4 24
6.74×
1.48×
Q3 24
2.71×
0.82×
Q2 24
1.30×
Q1 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRWD
IRWD

Segment breakdown not available.

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

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