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Side-by-side financial comparison of IRONWOOD PHARMACEUTICALS INC (IRWD) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

IRONWOOD PHARMACEUTICALS INC is the larger business by last-quarter revenue ($47.7M vs $27.2M, roughly 1.8× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs -4.8%, a 14.3% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs -47.3%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs -20.2%).

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

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

IRWD vs SUNE — Head-to-Head

Bigger by revenue
IRWD
IRWD
1.8× larger
IRWD
$47.7M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+124.3% gap
SUNE
77.0%
-47.3%
IRWD
Higher net margin
SUNE
SUNE
14.3% more per $
SUNE
9.6%
-4.8%
IRWD
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
SUNE
SUNE
Revenue
$47.7M
$27.2M
Net Profit
$-2.3M
$2.6M
Gross Margin
40.7%
Operating Margin
14.3%
10.7%
Net Margin
-4.8%
9.6%
Revenue YoY
-47.3%
77.0%
Net Profit YoY
-200.9%
138.2%
EPS (diluted)
$0.01
$105.59

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
SUNE
SUNE
Q4 25
$47.7M
$27.2M
Q3 25
$122.1M
$19.0M
Q2 25
$85.2M
$13.1M
Q1 25
$41.1M
$12.6M
Q4 24
$90.5M
$15.4M
Q3 24
$91.6M
$14.7M
Q2 24
$94.4M
$13.5M
Q1 24
$74.9M
$13.2M
Net Profit
IRWD
IRWD
SUNE
SUNE
Q4 25
$-2.3M
$2.6M
Q3 25
$40.1M
$-393.0K
Q2 25
$23.6M
$-9.6M
Q1 25
$-37.4M
$-3.5M
Q4 24
$2.3M
$-6.8M
Q3 24
$3.6M
$-3.3M
Q2 24
$-860.0K
$-6.9M
Q1 24
$-4.2M
$1.2M
Gross Margin
IRWD
IRWD
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
IRWD
IRWD
SUNE
SUNE
Q4 25
14.3%
10.7%
Q3 25
61.8%
-1.3%
Q2 25
53.2%
-16.6%
Q1 25
-70.7%
-17.2%
Q4 24
34.8%
-42.3%
Q3 24
28.0%
-10.9%
Q2 24
26.5%
-15.0%
Q1 24
14.7%
-16.5%
Net Margin
IRWD
IRWD
SUNE
SUNE
Q4 25
-4.8%
9.6%
Q3 25
32.8%
-2.1%
Q2 25
27.7%
-73.5%
Q1 25
-90.9%
-27.7%
Q4 24
2.5%
-44.4%
Q3 24
4.0%
-22.4%
Q2 24
-0.9%
-51.2%
Q1 24
-5.6%
9.1%
EPS (diluted)
IRWD
IRWD
SUNE
SUNE
Q4 25
$0.01
$105.59
Q3 25
$0.23
$-0.12
Q2 25
$0.14
$-3.14
Q1 25
$-0.23
$-106.71
Q4 24
$0.03
$41676.94
Q3 24
$0.02
$-2350.12
Q2 24
$-0.01
$-11022.91
Q1 24
$-0.03
$-38414.84

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$215.5M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$-261.8M
$24.3M
Total Assets
$396.9M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
SUNE
SUNE
Q4 25
$215.5M
$7.2M
Q3 25
$140.4M
$5.4M
Q2 25
$92.9M
$3.2M
Q1 25
$108.5M
$1.4M
Q4 24
$88.6M
$839.3K
Q3 24
$88.2M
$1.1M
Q2 24
$105.5M
$1.0M
Q1 24
$121.5M
$1.8M
Total Debt
IRWD
IRWD
SUNE
SUNE
Q4 25
$6.6M
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
SUNE
SUNE
Q4 25
$-261.8M
$24.3M
Q3 25
$-264.2M
$21.7M
Q2 25
$-308.2M
$22.1M
Q1 25
$-334.1M
$14.8M
Q4 24
$-301.3M
$8.5M
Q3 24
$-311.3M
$13.1M
Q2 24
$-321.7M
$-10.9M
Q1 24
$-330.5M
$-11.2M
Total Assets
IRWD
IRWD
SUNE
SUNE
Q4 25
$396.9M
$48.2M
Q3 25
$396.1M
$49.6M
Q2 25
$342.9M
$44.1M
Q1 25
$327.2M
$44.4M
Q4 24
$350.9M
$45.7M
Q3 24
$389.5M
$51.0M
Q2 24
$395.6M
$52.9M
Q1 24
$438.8M
$54.7M
Debt / Equity
IRWD
IRWD
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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
SUNE
SUNE
Operating Cash FlowLast quarter
$74.6M
$2.1M
Free Cash FlowOCF − Capex
$74.6M
FCF MarginFCF / Revenue
156.3%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$127.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
SUNE
SUNE
Q4 25
$74.6M
$2.1M
Q3 25
$47.6M
$2.4M
Q2 25
$-15.1M
$-130.2K
Q1 25
$20.0M
$-3.4M
Q4 24
$15.2M
$-1.9M
Q3 24
$9.9M
$-968.1K
Q2 24
$33.5M
$-776.4K
Q1 24
$45.0M
$-2.6M
Free Cash Flow
IRWD
IRWD
SUNE
SUNE
Q4 25
$74.6M
Q3 25
$47.6M
$2.4M
Q2 25
$-15.1M
Q1 25
$19.9M
Q4 24
$-1.9M
Q3 24
$9.9M
$-980.3K
Q2 24
$33.4M
$-788.4K
Q1 24
$44.9M
$-2.7M
FCF Margin
IRWD
IRWD
SUNE
SUNE
Q4 25
156.3%
Q3 25
39.0%
12.5%
Q2 25
-17.7%
Q1 25
48.4%
Q4 24
-12.4%
Q3 24
10.8%
-6.7%
Q2 24
35.4%
-5.8%
Q1 24
60.0%
-20.1%
Capex Intensity
IRWD
IRWD
SUNE
SUNE
Q4 25
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
0.0%
Q3 24
0.0%
0.1%
Q2 24
0.1%
0.1%
Q1 24
0.1%
0.0%
Cash Conversion
IRWD
IRWD
SUNE
SUNE
Q4 25
0.81×
Q3 25
1.19×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRWD
IRWD

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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