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

IRONWOOD PHARMACEUTICALS INC is the larger business by last-quarter revenue ($47.7M vs $25.4M, roughly 1.9× Star Holdings). IRONWOOD PHARMACEUTICALS INC runs the higher net margin — -4.8% vs -75.5%, a 70.7% gap on every dollar of revenue. On growth, Star Holdings posted the faster year-over-year revenue change (-22.6% vs -47.3%). Over the past eight quarters, Star Holdings's revenue compounded faster (-0.2% CAGR vs -20.2%).

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

Blue Star Ltd is an Indian multinational home appliances company, headquartered in Mumbai. It specializes in air conditioning, commercial refrigeration and MEP. It is the country's second largest homegrown player in the air conditioning space.

IRWD vs STHO — Head-to-Head

Bigger by revenue
IRWD
IRWD
1.9× larger
IRWD
$47.7M
$25.4M
STHO
Growing faster (revenue YoY)
STHO
STHO
+24.7% gap
STHO
-22.6%
-47.3%
IRWD
Higher net margin
IRWD
IRWD
70.7% more per $
IRWD
-4.8%
-75.5%
STHO
Faster 2-yr revenue CAGR
STHO
STHO
Annualised
STHO
-0.2%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
STHO
STHO
Revenue
$47.7M
$25.4M
Net Profit
$-2.3M
$-19.1M
Gross Margin
Operating Margin
14.3%
-91.7%
Net Margin
-4.8%
-75.5%
Revenue YoY
-47.3%
-22.6%
Net Profit YoY
-200.9%
81.3%
EPS (diluted)
$0.01
$-1.52

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
STHO
STHO
Q4 25
$47.7M
$25.4M
Q3 25
$122.1M
$28.1M
Q2 25
$85.2M
$42.1M
Q1 25
$41.1M
$14.6M
Q4 24
$90.5M
$32.8M
Q3 24
$91.6M
$24.6M
Q2 24
$94.4M
$30.6M
Q1 24
$74.9M
$25.4M
Net Profit
IRWD
IRWD
STHO
STHO
Q4 25
$-2.3M
$-19.1M
Q3 25
$40.1M
$1.8M
Q2 25
$23.6M
$-39.3M
Q1 25
$-37.4M
$-7.6M
Q4 24
$2.3M
$-102.6M
Q3 24
$3.6M
$91.9M
Q2 24
$-860.0K
$-27.1M
Q1 24
$-4.2M
$-49.0M
Operating Margin
IRWD
IRWD
STHO
STHO
Q4 25
14.3%
-91.7%
Q3 25
61.8%
1.0%
Q2 25
53.2%
-94.5%
Q1 25
-70.7%
-55.0%
Q4 24
34.8%
-314.1%
Q3 24
28.0%
Q2 24
26.5%
-91.5%
Q1 24
14.7%
-192.6%
Net Margin
IRWD
IRWD
STHO
STHO
Q4 25
-4.8%
-75.5%
Q3 25
32.8%
6.4%
Q2 25
27.7%
-93.5%
Q1 25
-90.9%
-52.0%
Q4 24
2.5%
-313.1%
Q3 24
4.0%
374.3%
Q2 24
-0.9%
-88.8%
Q1 24
-5.6%
-192.6%
EPS (diluted)
IRWD
IRWD
STHO
STHO
Q4 25
$0.01
$-1.52
Q3 25
$0.23
$0.14
Q2 25
$0.14
$-2.95
Q1 25
$-0.23
$-0.57
Q4 24
$0.03
$-7.69
Q3 24
$0.02
$6.90
Q2 24
$-0.01
$-2.04
Q1 24
$-0.03
$-3.68

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
STHO
STHO
Cash + ST InvestmentsLiquidity on hand
$215.5M
$50.1M
Total DebtLower is stronger
$268.7M
Stockholders' EquityBook value
$-261.8M
$251.8M
Total Assets
$396.9M
$570.2M
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
STHO
STHO
Q4 25
$215.5M
$50.1M
Q3 25
$140.4M
$40.6M
Q2 25
$92.9M
$44.2M
Q1 25
$108.5M
$30.3M
Q4 24
$88.6M
$35.0M
Q3 24
$88.2M
$45.0M
Q2 24
$105.5M
$48.3M
Q1 24
$121.5M
$45.7M
Total Debt
IRWD
IRWD
STHO
STHO
Q4 25
$268.7M
Q3 25
$199.5M
$259.3M
Q2 25
$199.3M
$245.4M
Q1 25
$199.2M
$231.5M
Q4 24
$199.0M
$217.3M
Q3 24
$198.8M
$201.2M
Q2 24
$198.6M
$197.2M
Q1 24
$398.3M
$195.0M
Stockholders' Equity
IRWD
IRWD
STHO
STHO
Q4 25
$-261.8M
$251.8M
Q3 25
$-264.2M
$275.4M
Q2 25
$-308.2M
$276.1M
Q1 25
$-334.1M
$316.1M
Q4 24
$-301.3M
$324.3M
Q3 24
$-311.3M
$427.5M
Q2 24
$-321.7M
$335.3M
Q1 24
$-330.5M
$362.4M
Total Assets
IRWD
IRWD
STHO
STHO
Q4 25
$396.9M
$570.2M
Q3 25
$396.1M
$595.9M
Q2 25
$342.9M
$589.9M
Q1 25
$327.2M
$618.2M
Q4 24
$350.9M
$608.7M
Q3 24
$389.5M
$696.5M
Q2 24
$395.6M
$601.0M
Q1 24
$438.8M
$622.9M
Debt / Equity
IRWD
IRWD
STHO
STHO
Q4 25
1.07×
Q3 25
0.94×
Q2 25
0.89×
Q1 25
0.73×
Q4 24
0.67×
Q3 24
0.47×
Q2 24
0.59×
Q1 24
0.54×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
STHO
STHO
Q4 25
$74.6M
$-11.7M
Q3 25
$47.6M
$5.3M
Q2 25
$-15.1M
$-2.6M
Q1 25
$20.0M
$-6.3M
Q4 24
$15.2M
$-31.3M
Q3 24
$9.9M
$-3.8M
Q2 24
$33.5M
$-6.4M
Q1 24
$45.0M
$-14.2M
Free Cash Flow
IRWD
IRWD
STHO
STHO
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
STHO
STHO
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
STHO
STHO
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
STHO
STHO
Q4 25
Q3 25
1.19×
2.95×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
-0.04×
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.

STHO
STHO

Land Development$13.0M51%
Other Income Revenue$9.3M37%
Operating Lease Income$2.0M8%
Other$1.2M5%

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