Recent Press Releases & News
IRWD earnings at a glance
The options market is pricing a move of about ±67.2% after the report, a range of roughly $1.14 to $5.78 from today's $3.46. Over its last 2 reports the stock rose the next day 0 times and fell 2, moving ±14.4% on average; after the most recent report on May 7, 2026 it moved -13.7%. That means options currently expect more movement than IRWD has typically delivered. IRWD beat the consensus EPS estimate in 3 of its last 4 reported quarters. Implied volatility is currently 6%. The share price of $3.46 sits in the middle of its 52-week range.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Jun 30, 2026 | Jun 2026 | $0.31 | — | — | — | — | financials |
| Thu May 7, 2026 | Mar/2026 | $0.24 | $0.07 | +242.9% | +271.4% | -13.7% | earnings |
| Mon Nov 10, 2025 | Sep/2025 | $0.24 | $0.09 | +166.7% | — | — | earnings |
| Thu Aug 7, 2025 | Jun/2025 | $0.14 | $-0.02 | +800.0% | — | — | earnings |
| Wed May 7, 2025 | Mar/2025 | $-0.14 | $-0.05 | -180.0% | — | -15.1% | earnings |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113M | $107M | — | — | $85M | $41M | — | — |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $79M | $73M | — | $75M | $45M | $-29M | — | $26M |
| Net income | $51M | $41M | — | — | $24M | $-37M | — | — |
| EPS (diluted) | $0.31 | $0.24 | — | — | $0.14 | $-0.23 | — | — |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $79M | $220M | $215M | $140M | $93M | $108M | $89M | $88M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | $199M | $332M | $274M | $274M | $192M | $161M | $182M | $179M |
| Total assets | $285M | $435M | $397M | $396M | $343M | $327M | $351M | $390M |
| Long-term debt | — | — | — | $200M | $199M | $199M | $199M | $199M |
| Total liabilities | $447M | — | $659M | — | — | — | — | — |
| Total equity | $-162M | $-217M | $-262M | $-264M | $-308M | $-334M | $-301M | $-311M |
Implied volatility — last 90 days
Sector peers
IRWD earnings FAQ
What is IRWD's expected move for earnings?
Options currently price a move of about ±67.2%, or $2.32 per share either way from $3.46.
How does IRWD stock usually react to earnings?
Across the last 2 reports the average next-day move was ±14.4%, up 0 times and down 2 times.
What is IRWD's implied volatility?
IRWD's at-the-money implied volatility is about 6% based on the latest options snapshot.