Ardelyx, Inc.

Ardelyx, Inc.

ARDXยทNASDAQ

$5.43

-1.5%
HealthcareBiotechnology

Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. The company's lead product candidate is tenapanor, which has completed Phase III clinical trial for the treatment of patients with irritable bowel syndrome with constipation, as well as in Phase III clinical trial to control serum phosphorus in adult patients with chronic kidney disease (CKD)on dialysis, or hyperphosphatemia. It is also developing RDX013, a potassium secretagogue, for the treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease; and RDX020, an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. The company has agreements with Kyowa Kirin in Japan, Fosun Pharmaceutical Industrial Development Co. Ltd. in China, and Knight Therapeutics, Inc. in Canada for the development and commercialization of tenapanor in their respective territories. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS-0.2600
P/E Ratio-20.90
Earnings Date08/03/2026
3Y+164.0%
5Y+149.0%
10Y+135.0%
3Y+265.0%
5Y+344.0%
10Y+1575.0%
3Y+70.0%
5Y+32.0%
10Y-14.0%
ardx

Ardelyx, Inc. Funding & Solvency Profile

ARDX ยท NASDAQ
Cash & Cash Equivalents68.00M
Net Receivables71.85M
Inventory17.73M
Other Current Assets28.05M
Total Current Assets382 M
Property, Plant & Equipment6.98M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets112.31M
Total Non-Current Assets119 M
Total Assets
501.60M

Financial Health Analysis

Current Ratio

4.31x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.00x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

294 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

76% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Ardelyx, Inc. Balance Sheet

ARDX โ€ข NASDAQ

Ardelyx, Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
ASSETS
CURRENT ASSETS
68M
64.9M
21.5M
96.1M
72.4M
91M
181.1M
78.8M
75.4M
74.6M
107M
107.3M
34.4M
32.9M
196.7M
185.2M
162.8M
27.8M
44.3M
95.5M
66.4M
89.3M
58.6M
126.2M
0.0
0.0
0.0
0.0
264.7M
250.1M
184.3M
123.9M
116.7M
186.5M
247.5M
168.1M
134M
200.8M
107M
107.3M
34.4M
32.9M
71.8M
57.7M
22M
7.7M
502K
0.0
750K
5.1M
10.8M
0.0
0.0
2.6M
6.4M
3.1M
71.8M
57.7M
22M
7.7M
502K
0.0
0.0
85K
10.8M
0.0
0.0
2.6M
6.4M
3.1M
0.0
0.0
0.0
0.0
0.0
0.0
750K
5M
0.0
0.0
0.0
0.0
0.0
0.0
17.7M
21.2M
12.4M
3.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
16.4M
18.9M
13.6M
16.5M
8.2M
3.8M
3.2M
4.9M
3.2M
5M
1.2M
965K
885K
28M
11.1M
8.4M
5.1M
1.0
0.0
0.0
0.0
0.0
3.2M
0.0
0.0
0.0
885K
382.3M
356.5M
246.1M
153.6M
133.6M
195.2M
252.4M
177.7M
149.9M
204M
112.2M
111.3M
41.8M
36.9M
NON-CURRENT ASSETS
7M
3.9M
6.6M
10.5M
15.1M
4.2M
7.4M
5.6M
8M
9M
4.7M
2.1M
530K
844K
0.0
0.0
0.0
0.0
0.0
2.1M
0.0
0.0
0.0
0.0
100K
0.0
0.0
0.0
112.3M
75.4M
44.9M
25.9M
1.2M
0.0
0.0
0.0
0.0
148K
-100K
0.0
538K
180K
119.3M
79.3M
51.5M
36.5M
16.3M
6.3M
7.4M
5.6M
8M
9.1M
4.7M
2.1M
1.1M
1M
501.6M
435.8M
297.6M
190.1M
149.9M
201.6M
259.8M
183.3M
157.9M
213.1M
116.9M
113.4M
42.9M
37.9M
LIABILITIES
CURRENT LIABILITIES
19.2M
16M
11.1M
10.9M
4.3M
5.6M
2.2M
1.1M
3.9M
5.6M
2.8M
3.1M
2.3M
1.1M
19.2M
16M
11.1M
10.9M
4.3M
5.6M
2.2M
1.1M
3.9M
5.6M
2.8M
3.1M
2.3M
1.1M
0.0
0.0
12.6M
9.8M
11.5M
5M
4.5M
2.7M
3.2M
3.2M
2.4M
1.6M
927K
965K
1.5M
0.0
0.0
26.7M
32.3M
6.3M
3.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.6M
4.4M
3.9M
3.5M
2.1M
2.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.2M
10.7M
7.2M
4.2M
0.0
4.2M
4.5M
1M
0.0
0.0
0.0
16M
13.8M
13.6M
66.7M
49.6M
15M
10.1M
1.2M
5.2M
4.6M
12.9M
10.7M
10.4M
2.6M
780K
95K
745K
88.6M
77.8M
50.4M
65.6M
52.8M
28.4M
22.2M
17.7M
17.9M
19.2M
7.7M
5.6M
17.1M
16.8M
NON-CURRENT LIABILITIES
206.5M
150.9M
49.8M
0.0
0.0
46.6M
48.8M
49.2M
0.0
0.0
0.0
0.0
0.0
0.0
39.6M
7.2M
8.6M
9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
47.1M
26.5M
19.1M
-3.6M
25.5M
20.2M
11.3M
4.7M
0.0
0.0
582K
720K
779K
322K
122K
6.6M
3.2M
246.1M
184.6M
80.4M
26.1M
14.5M
47M
50.9M
49.8M
720K
779K
322K
47.2M
33.1M
22.3M
3.6M
2.6M
6.2M
9.7M
13.2M
2.5M
4.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
334.7M
262.5M
130.8M
91.7M
67.3M
75.5M
73.1M
67.5M
18.6M
20M
8M
52.7M
50.2M
39.1M
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
113.4M
56.2M
56.2M
24K
24K
23K
20K
13K
9K
9K
6K
5K
5K
3K
2K
0.0
0.0
1.1B
1.1B
1B
878.5M
795.5M
680.9M
647.1M
481.4M
417.6M
407.1M
210.4M
132.5M
5.2M
4.7M
-946.9M
-885.3M
-846.2M
-780.1M
-712.9M
-554.8M
-460.5M
-365.5M
-278.2M
-213.9M
-101.5M
-71.9M
-68.7M
-62.1M
198K
57K
224K
-54K
-6K
-4K
20K
-38K
-47K
-71K
-3.8M
-3.6M
-3.3M
-2.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.8M
5.7M
166.9M
173.3M
166.8M
98.3M
82.6M
126.1M
186.7M
115.8M
139.3M
193.2M
108.9M
60.7M
-7.3M
-1.2M
166.9M
173.3M
166.8M
98.3M
82.6M
126.1M
186.7M
115.8M
139.3M
193.2M
108.9M
60.7M
-7.3M
-1.2M
SUMMARY
501.6M
435.8M
297.6M
190.1M
149.9M
201.6M
259.8M
183.3M
157.9M
213.1M
116.9M
113.4M
42.9M
37.9M
196.7M
185.2M
162.8M
27.8M
44.3M
97.6M
66.4M
89.3M
58.6M
126.2M
100K
0.0
0.0
0.0
211.6M
153.4M
56M
36.5M
45.5M
55.4M
57.3M
49.2M
0.0
0.0
0.0
0.0
0.0
0.0
143.6M
88.5M
34.5M
-59.7M
-26.9M
-35.6M
-123.8M
-29.6M
-75.4M
-74.6M
-107M
-107.3M
-34.4M
-32.9M
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218
239,467,218

SEC Filings

ARDX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 16, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

January 08, 2026
January 08, 2026
2026
8-K

8-K 2025

N/A

December 17, 2025
December 17, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
8-K

8-K 2025

N/A

October 14, 2025
October 13, 2025
2025
Showing 1 to 10 of 222 filings