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

Weave Communications, Inc. is the larger business by last-quarter revenue ($63.4M vs $47.7M, roughly 1.3× IRONWOOD PHARMACEUTICALS INC). Weave Communications, Inc. runs the higher net margin — -2.9% vs -4.8%, a 1.9% gap on every dollar of revenue. On growth, Weave Communications, Inc. posted the faster year-over-year revenue change (17.0% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $5.1M). Over the past eight quarters, Weave Communications, Inc.'s revenue compounded faster (15.9% CAGR vs -20.2%).

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

Weave Communications, Inc. develops integrated all-in-one customer engagement and communication platforms tailored for small and medium-sized businesses. Its product suite includes cloud-based phone systems, appointment scheduling, payment processing, review management and text messaging tools, primarily serving local service sectors like dental clinics, healthcare practices and fitness studios across the U.S. and Canada.

IRWD vs WEAV — Head-to-Head

Bigger by revenue
WEAV
WEAV
1.3× larger
WEAV
$63.4M
$47.7M
IRWD
Growing faster (revenue YoY)
WEAV
WEAV
+64.4% gap
WEAV
17.0%
-47.3%
IRWD
Higher net margin
WEAV
WEAV
1.9% more per $
WEAV
-2.9%
-4.8%
IRWD
More free cash flow
IRWD
IRWD
$69.5M more FCF
IRWD
$74.6M
$5.1M
WEAV
Faster 2-yr revenue CAGR
WEAV
WEAV
Annualised
WEAV
15.9%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRWD
IRWD
WEAV
WEAV
Revenue
$47.7M
$63.4M
Net Profit
$-2.3M
$-1.8M
Gross Margin
72.7%
Operating Margin
14.3%
-3.4%
Net Margin
-4.8%
-2.9%
Revenue YoY
-47.3%
17.0%
Net Profit YoY
-200.9%
72.5%
EPS (diluted)
$0.01
$-0.03

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
WEAV
WEAV
Q4 25
$47.7M
$63.4M
Q3 25
$122.1M
$61.3M
Q2 25
$85.2M
$58.5M
Q1 25
$41.1M
$55.8M
Q4 24
$90.5M
$54.2M
Q3 24
$91.6M
$52.4M
Q2 24
$94.4M
$50.6M
Q1 24
$74.9M
$47.2M
Net Profit
IRWD
IRWD
WEAV
WEAV
Q4 25
$-2.3M
$-1.8M
Q3 25
$40.1M
$-8.7M
Q2 25
$23.6M
$-8.7M
Q1 25
$-37.4M
$-8.8M
Q4 24
$2.3M
$-6.7M
Q3 24
$3.6M
$-5.9M
Q2 24
$-860.0K
$-8.6M
Q1 24
$-4.2M
$-7.2M
Gross Margin
IRWD
IRWD
WEAV
WEAV
Q4 25
72.7%
Q3 25
72.3%
Q2 25
71.7%
Q1 25
71.6%
Q4 24
72.1%
Q3 24
72.0%
Q2 24
71.4%
Q1 24
69.9%
Operating Margin
IRWD
IRWD
WEAV
WEAV
Q4 25
14.3%
-3.4%
Q3 25
61.8%
-14.6%
Q2 25
53.2%
-17.4%
Q1 25
-70.7%
-16.7%
Q4 24
34.8%
-13.6%
Q3 24
28.0%
-12.7%
Q2 24
26.5%
-18.3%
Q1 24
14.7%
-17.3%
Net Margin
IRWD
IRWD
WEAV
WEAV
Q4 25
-4.8%
-2.9%
Q3 25
32.8%
-14.1%
Q2 25
27.7%
-14.9%
Q1 25
-90.9%
-15.8%
Q4 24
2.5%
-12.4%
Q3 24
4.0%
-11.2%
Q2 24
-0.9%
-16.9%
Q1 24
-5.6%
-15.3%
EPS (diluted)
IRWD
IRWD
WEAV
WEAV
Q4 25
$0.01
$-0.03
Q3 25
$0.23
$-0.11
Q2 25
$0.14
$-0.11
Q1 25
$-0.23
$-0.12
Q4 24
$0.03
$-0.10
Q3 24
$0.02
$-0.08
Q2 24
$-0.01
$-0.12
Q1 24
$-0.03
$-0.10

Balance Sheet & Financial Strength

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

Metric
IRWD
IRWD
WEAV
WEAV
Cash + ST InvestmentsLiquidity on hand
$215.5M
$55.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-261.8M
$82.4M
Total Assets
$396.9M
$208.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRWD
IRWD
WEAV
WEAV
Q4 25
$215.5M
$55.0M
Q3 25
$140.4M
$64.4M
Q2 25
$92.9M
$44.7M
Q1 25
$108.5M
$53.4M
Q4 24
$88.6M
$51.6M
Q3 24
$88.2M
$51.1M
Q2 24
$105.5M
$51.7M
Q1 24
$121.5M
$30.6M
Total Debt
IRWD
IRWD
WEAV
WEAV
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
WEAV
WEAV
Q4 25
$-261.8M
$82.4M
Q3 25
$-264.2M
$78.6M
Q2 25
$-308.2M
$78.9M
Q1 25
$-334.1M
$68.6M
Q4 24
$-301.3M
$67.0M
Q3 24
$-311.3M
$68.8M
Q2 24
$-321.7M
$69.8M
Q1 24
$-330.5M
$73.4M
Total Assets
IRWD
IRWD
WEAV
WEAV
Q4 25
$396.9M
$208.0M
Q3 25
$396.1M
$206.5M
Q2 25
$342.9M
$204.3M
Q1 25
$327.2M
$188.3M
Q4 24
$350.9M
$188.9M
Q3 24
$389.5M
$192.0M
Q2 24
$395.6M
$191.2M
Q1 24
$438.8M
$190.2M

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
WEAV
WEAV
Operating Cash FlowLast quarter
$74.6M
$6.2M
Free Cash FlowOCF − Capex
$74.6M
$5.1M
FCF MarginFCF / Revenue
156.3%
8.1%
Capex IntensityCapex / Revenue
0.0%
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$127.0M
$15.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRWD
IRWD
WEAV
WEAV
Q4 25
$74.6M
$6.2M
Q3 25
$47.6M
$6.1M
Q2 25
$-15.1M
$5.4M
Q1 25
$20.0M
$-219.0K
Q4 24
$15.2M
$6.7M
Q3 24
$9.9M
$4.5M
Q2 24
$33.5M
$22.7M
Q1 24
$45.0M
$-19.7M
Free Cash Flow
IRWD
IRWD
WEAV
WEAV
Q4 25
$74.6M
$5.1M
Q3 25
$47.6M
$5.8M
Q2 25
$-15.1M
$4.9M
Q1 25
$19.9M
$-663.0K
Q4 24
$6.3M
Q3 24
$9.9M
$4.0M
Q2 24
$33.4M
$21.9M
Q1 24
$44.9M
$-20.2M
FCF Margin
IRWD
IRWD
WEAV
WEAV
Q4 25
156.3%
8.1%
Q3 25
39.0%
9.4%
Q2 25
-17.7%
8.4%
Q1 25
48.4%
-1.2%
Q4 24
11.6%
Q3 24
10.8%
7.5%
Q2 24
35.4%
43.4%
Q1 24
60.0%
-42.9%
Capex Intensity
IRWD
IRWD
WEAV
WEAV
Q4 25
0.0%
1.8%
Q3 25
0.0%
0.5%
Q2 25
0.0%
0.9%
Q1 25
0.1%
0.8%
Q4 24
0.0%
0.7%
Q3 24
0.0%
1.0%
Q2 24
0.1%
1.5%
Q1 24
0.1%
1.1%
Cash Conversion
IRWD
IRWD
WEAV
WEAV
Q4 25
Q3 25
1.19×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
Q2 24
Q1 24

Financial Flow Comparison

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

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