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+681.0%
5Y+5280.0%
10Y+1595.0%
3Y-8.0%
5Y-35.0%
10Y-45.0%
3Y-39.0%
5Y-48.0%
10Y-54.0%
Ardelyx, Inc.

Ardelyx, Inc. Profit Bridge

ARDX ยท NASDAQ
Revenue407.32M
Cost of Goods Sold (42.60M)
Gross Profit364.72M
Operating Expenses (405.70M)
Operating Income-40.98M
Interest Expense (28.40M)
Other Income/Expense-19.65M
Pretax Income-60.63M
Income Tax (969.00K)
Net Income-61.60M
Net Income
-61.60M

Profitability Analysis

Gross Margin

89.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-10.1%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-15.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Ardelyx, Inc. Income Statement

ARDX โ€ข NASDAQ

Ardelyx, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
407.3M
333.6M
124.5M
52.2M
10.1M
7.6M
5.3M
2.6M
42M
24M
24M
31.6M
28.9M
5.4M
GROSS PROFIT
(42.6M)
(50.6M)
(17.8M)
(4.1M)
(1M)
(145K)
(600K)
(466K)
(8.4M)
(1.3M)
(829K)
(25.9M)
(28.1M)
(1.9M)
364.7M
283.1M
106.7M
48M
9.1M
7.4M
4.7M
2.1M
33.6M
22.7M
23.2M
5.7M
835K
3.5M
OPERATING INCOME
(405.7M)
(311M)
(169.9M)
(111.8M)
(163.4M)
(98.2M)
(95.9M)
(93.1M)
(98.7M)
(112.9M)
(53.4M)
(33.2M)
(31.8M)
(14.2M)
(337.2M)
(258.7M)
(134.4M)
(76.6M)
(72.3M)
(33.2M)
(24.3M)
(23.7M)
(23.2M)
(18.7M)
(13.5M)
(7.3M)
(3.7M)
(4M)
(68.5M)
(52.3M)
(35.5M)
(35.2M)
(91.1M)
(65.1M)
(71.7M)
(69.4M)
(75.5M)
(94.2M)
(39.9M)
(25.9M)
(28.1M)
(10.2M)
-41M
-28M
-63.3M
-63.8M
-154.3M
-90.8M
-91.3M
-90.9M
-65.1M
-112.9M
-29.4M
-1.6M
-2.9M
-8.8M
PRE-TAX INCOME
(28.4M)
(20.1M)
(8.9M)
(5.1M)
(4.5M)
(5.1M)
(5.7M)
(3.5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-28.4M
-20.1M
-8.9M
-5.1M
-4.5M
-5.1M
-5.7M
-3.5M
0.0
0.0
0.0
0.0
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(508K)
-261K
-1.6M
-52K
-30K
-19.7M
-10.9M
-2.2M
-3.4M
-3.8M
-3.5M
-3.4M
-347K
2M
508K
-261K
-1.6M
-3.6M
-980K
-60.6M
-38.9M
-65.5M
-67.2M
-158.2M
-94.3M
-94.6M
-91.3M
-63.2M
-112.4M
-29.7M
-3.1M
-6.4M
-9.8M
NET INCOME
(969K)
(266K)
(547K)
(8K)
(4K)
(2K)
(303K)
(4K)
(1.2M)
(29K)
-29K
(67K)
(141K)
(0.0)
-61.6M
-39.1M
-66.1M
-67.2M
-158.2M
-94.3M
-94.9M
-91.3M
-64.3M
-112.4M
-29.6M
-3.2M
-6.6M
-9.8M

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