Ardelyx, Inc.

Ardelyx, Inc.

ARDX
Ardelyx, Inc.US flagNASDAQ Global Market
5.34
USD
+0.07
- -
1.32BMarket Cap
Ardelyx, Inc.
ARDX
(NASDAQ Global Market)

Recent

price

5.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.41
2.17
3.09
1.05
- -
0.89
0.05
0.08
0.08
0.1
0.33
0.57
1.42
1.69
1.76
Revenue per Share
-0.73
-0.49
-0.31
-1.29
-2.8
-1.36
-1.62
-1.47
-1.05
-1.52
-0.42
-0.3
-0.17
-0.26
-0.24
Basic EPS, GAAP
1.64
0.11
1.13
-3.29
-2.43
-1.42
-1.26
-1.19
-0.91
-1.48
-0.44
-0.41
-0.19
-0.18
-0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-4.65
-5.14
-7.01
-4.43
-5.33
-5.87
-6.5
-7.14
-6.19
-6.84
-4.92
-3.86
-3.76
-3.93
-4.05
Book Value per Share
-4.3
-4.76
5.92
4.76
4.81
2.94
2.06
2.89
1.41
0.79
0.62
0.76
0.74
0.69
0.61
Tangible Book Value per Share
13
13
10
23
40
47
56
64
90
104
159
219
235
241
243
Basic Weighted Avg Shares
5
29
32
24
- -
42
3
5
8
10
52
124
334
407
428
Sales/Revenue/Turnover
-162.75
-9.9
-4.95
-122.32
- -
-155.04
-3,488.57
-1,728.14
-1,199.05
-1,528.63
-122.24
-50.84
-8.38
-10.06
-8.75
Operating Margin (%)
1
1
- -
1
1
3
3
3
3
3
1
1
2
3
3
Depreciation Expense
-10
-7
-3
-30
-112
-64
-91
-95
-94
-158
-67
-66
-39
-62
-58
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-180.87
-22.69
-10.16
-123.29
- -
-153.19
-3,502.03
-1,797.77
-1,245.71
-1,566.46
-128.85
-53.08
-11.73
-15.12
-13.58
Profit Margin (%)
20
25
90
104
185
132
159
230
166
81
88
196
279
294
272
Working Capital
- -
- -
- -
- -
- -
- -
49
51
47
10
6
52
152
206
207
LT Debt
-1
-7
61
109
193
139
116
187
126
83
98
167
173
167
149
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
2
LT Borrowings
202
203
204
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
243
244
247
Market Capitalization
1,319
1,405
1,455

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
368
382
382
Cash, Cash Equivalents & STI
243
265
238
Accounts Receivable, Net
77
72
83
Inventories
25
18
23
Total Current Liabilities
83
89
110
Payables & Accruals
60
59
95
ST Debt
1
1
2
Deferred Revenue
7
1
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.57%
10.88%
-3.66%
Free Cash Flow
2.81%
1.92%
-4.03%
Net Income, GAAP
30.7%
5.03%
57.4%
Sales/Revenue/Turnover
- -
155.74%
22.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46
73
98
116
334
2025
74
98
110
125
407
2026
94
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
-0.07
- -
0.02
-0.17
2025
-0.17
-0.08
- -
- -
-0.26
2026
-0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ardelyx, Inc. (ARDX) is a biopharmaceutical company focused on the discovery, development and commercialization of first-in-class medicines that address significant unmet medical needs in gastrointestinal and nephrology indications. The company offers two approved products in the United States: IBSRELA (tenapanor), a minimally absorbed small molecule sodium/hydrogen exchanger 3 (NHE3) inhibitor indicated for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults; and XPHOZAH (tenapanor), an NHE3 inhibitor for the reduction of serum phosphorus in adults with chronic kidney disease (CKD) on dialysis. Ardelyx maintains a pipeline including RDX013, a small molecule potassium secretagogue for hyperkalemia; RDX020, a small molecule for metabolic acidosis; and RDX10531, a next-generation NHE3 inhibitor in preclinical development with potential applications across multiple therapeutic areas. Founded in 2007 and headquartered in Waltham, Massachusetts, with additional facilities in Newark, California, and Milwaukee, Wisconsin, Ardelyx operates primarily in the U.S. market while pursuing international commercialization through strategic partnerships, including agreements with Kyowa Kirin, Fosun Pharma and Knight Therapeutics for tenapanor outside the United States. In recent developments, Ardelyx reported third-quarter 2025 net product sales of $78.2 million for IBSRELA, up 92% year-over-year, and raised full-year 2025 guidance to $270-$275 million; secured a commercial supply agreement with Catalent Pharma Solutions for IBSRELA extending through 2028; appointed Eric Foster as Chief Commercial Officer to oversee strategies for its products; presented real-world evidence on XPHOZAH demonstrating patient satisfaction and phosphate reduction at ASN Kidney Week in November 2025; and initiated preclinical development of RDX10531 to support an investigational new drug submission in 2026.

Company News

APIChatGPT
  • Ardelyx Stock Up 70%: What to Know About This $490,000 Insider Transaction

  • Ardelyx Eyes $500M+ Revenue as IBSRELA Growth Puts Profitability Within Reach

  • Ardelyx to Participate at the Jefferies Global Healthcare Conference 2026

  • Ardelyx: Low Price, But High Implied Valuation

  • Ardelyx Presents Analysis Supporting Long-Term Safety of XPHOZAH at NKF's Spring Clinical Meetings

  • Ardelyx, Inc. (ARDX) Q1 2026 Earnings Call Transcript

  • Ardelyx (ARDX) Reports Q1 Loss, Beats Revenue Estimates

  • Compared to Estimates, Ardelyx (ARDX) Q1 Earnings: A Look at Key Metrics

  • Ardelyx Reports First Quarter 2026 Financial Results and Provides Business Update

  • Neurocrine Biosciences (NBIX) Reports Next Week: Wall Street Expects Earnings Growth

  • Ardelyx Announces Abstract Accepted for Poster Presentation at the NKF's Spring Clinical Meetings

  • Will Ardelyx (ARDX) Report Negative Earnings Next Week? What You Should Know

  • Ardelyx Announces Abstract Exploring IBS-C Treatment Patterns Accepted for Poster Presentation at Digestive Disease Week 2026

  • Ardelyx Appoints Biopharmaceutical Veteran, Felecia W. Ettenberg, as Chief Legal Officer

  • Ardelyx to Report First Quarter 2026 Financial Results on April 30, 2026

  • Ardelyx President and CEO Sells 41,000 Shares for $243,000

  • Rajani Dinavahi, MD, Appointed Chief Medical Officer of Ardelyx

  • Ardelyx Announces Recipients of the 2026 Derek Forfang Patient Advocate Award

  • Ardelyx Announces Publication of a Review Article Demonstrating Rapid and Meaningful Symptom Relief with Tenapanor in IBS-C

  • Ardelyx to Participate in Upcoming Investor Conferences