vs

Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and STAAR SURGICAL CO (STAA). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $47.7M, roughly 1.0× IRONWOOD PHARMACEUTICALS INC). IRONWOOD PHARMACEUTICALS INC runs the higher net margin — -4.8% vs -69.9%, a 65.2% gap on every dollar of revenue. On growth, STAAR SURGICAL CO posted the faster year-over-year revenue change (-35.8% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $-5.1M). Over the past eight quarters, STAAR SURGICAL CO's revenue compounded faster (-18.4% CAGR vs -20.2%).

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

STAAR Surgical Co is a global ophthalmic medical device firm. It designs, makes and sells implantable collamer lenses (ICLs) for minimally invasive vision correction, plus supporting surgical products for ophthalmologists across North America, Europe, Asia Pacific and other key regional markets.

IRWD vs STAA — Head-to-Head

Bigger by revenue
STAA
STAA
1.0× larger
STAA
$49.0M
$47.7M
IRWD
Growing faster (revenue YoY)
STAA
STAA
+11.5% gap
STAA
-35.8%
-47.3%
IRWD
Higher net margin
IRWD
IRWD
65.2% more per $
IRWD
-4.8%
-69.9%
STAA
More free cash flow
IRWD
IRWD
$79.7M more FCF
IRWD
$74.6M
$-5.1M
STAA
Faster 2-yr revenue CAGR
STAA
STAA
Annualised
STAA
-18.4%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
IRWD
IRWD
STAA
STAA
Revenue
$47.7M
$49.0M
Net Profit
$-2.3M
$-34.2M
Gross Margin
64.7%
Operating Margin
14.3%
-57.0%
Net Margin
-4.8%
-69.9%
Revenue YoY
-47.3%
-35.8%
Net Profit YoY
-200.9%
-541.3%
EPS (diluted)
$0.01
$-0.69

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
STAA
STAA
Q4 25
$47.7M
Q3 25
$122.1M
Q2 25
$85.2M
Q1 25
$41.1M
Q4 24
$90.5M
$49.0M
Q3 24
$91.6M
$88.6M
Q2 24
$94.4M
$99.0M
Q1 24
$74.9M
$77.4M
Net Profit
IRWD
IRWD
STAA
STAA
Q4 25
$-2.3M
Q3 25
$40.1M
Q2 25
$23.6M
Q1 25
$-37.4M
Q4 24
$2.3M
$-34.2M
Q3 24
$3.6M
$10.0M
Q2 24
$-860.0K
$7.4M
Q1 24
$-4.2M
$-3.3M
Gross Margin
IRWD
IRWD
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
64.7%
Q3 24
77.3%
Q2 24
79.2%
Q1 24
78.9%
Operating Margin
IRWD
IRWD
STAA
STAA
Q4 25
14.3%
Q3 25
61.8%
Q2 25
53.2%
Q1 25
-70.7%
Q4 24
34.8%
-57.0%
Q3 24
28.0%
6.4%
Q2 24
26.5%
12.0%
Q1 24
14.7%
-2.9%
Net Margin
IRWD
IRWD
STAA
STAA
Q4 25
-4.8%
Q3 25
32.8%
Q2 25
27.7%
Q1 25
-90.9%
Q4 24
2.5%
-69.9%
Q3 24
4.0%
11.3%
Q2 24
-0.9%
7.5%
Q1 24
-5.6%
-4.3%
EPS (diluted)
IRWD
IRWD
STAA
STAA
Q4 25
$0.01
Q3 25
$0.23
Q2 25
$0.14
Q1 25
$-0.23
Q4 24
$0.03
$-0.69
Q3 24
$0.02
$0.20
Q2 24
$-0.01
$0.15
Q1 24
$-0.03
$-0.07

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
STAA
STAA
Cash + ST InvestmentsLiquidity on hand
$215.5M
$230.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$397.3M
Total Assets
$396.9M
$509.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
STAA
STAA
Q4 25
$215.5M
Q3 25
$140.4M
Q2 25
$92.9M
Q1 25
$108.5M
Q4 24
$88.6M
$230.5M
Q3 24
$88.2M
$236.0M
Q2 24
$105.5M
$235.2M
Q1 24
$121.5M
$245.1M
Total Debt
IRWD
IRWD
STAA
STAA
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
STAA
STAA
Q4 25
$-261.8M
Q3 25
$-264.2M
Q2 25
$-308.2M
Q1 25
$-334.1M
Q4 24
$-301.3M
$397.3M
Q3 24
$-311.3M
$428.1M
Q2 24
$-321.7M
$409.1M
Q1 24
$-330.5M
$392.8M
Total Assets
IRWD
IRWD
STAA
STAA
Q4 25
$396.9M
Q3 25
$396.1M
Q2 25
$342.9M
Q1 25
$327.2M
Q4 24
$350.9M
$509.5M
Q3 24
$389.5M
$537.6M
Q2 24
$395.6M
$512.7M
Q1 24
$438.8M
$492.5M

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
STAA
STAA
Operating Cash FlowLast quarter
$74.6M
$642.0K
Free Cash FlowOCF − Capex
$74.6M
$-5.1M
FCF MarginFCF / Revenue
156.3%
-10.4%
Capex IntensityCapex / Revenue
0.0%
11.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
STAA
STAA
Q4 25
$74.6M
Q3 25
$47.6M
Q2 25
$-15.1M
Q1 25
$20.0M
Q4 24
$15.2M
$642.0K
Q3 24
$9.9M
$3.8M
Q2 24
$33.5M
$-10.4M
Q1 24
$45.0M
$21.7M
Free Cash Flow
IRWD
IRWD
STAA
STAA
Q4 25
$74.6M
Q3 25
$47.6M
Q2 25
$-15.1M
Q1 25
$19.9M
Q4 24
$-5.1M
Q3 24
$9.9M
$-2.4M
Q2 24
$33.4M
$-16.6M
Q1 24
$44.9M
$16.5M
FCF Margin
IRWD
IRWD
STAA
STAA
Q4 25
156.3%
Q3 25
39.0%
Q2 25
-17.7%
Q1 25
48.4%
Q4 24
-10.4%
Q3 24
10.8%
-2.7%
Q2 24
35.4%
-16.8%
Q1 24
60.0%
21.3%
Capex Intensity
IRWD
IRWD
STAA
STAA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
11.7%
Q3 24
0.0%
7.0%
Q2 24
0.1%
6.3%
Q1 24
0.1%
6.7%
Cash Conversion
IRWD
IRWD
STAA
STAA
Q4 25
Q3 25
1.19×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
0.38×
Q2 24
-1.41×
Q1 24

Financial Flow Comparison

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

Related Comparisons