Ardelyx, Inc.

Ardelyx, Inc.

ARDX
Ardelyx, Inc.US flagNASDAQ Global Market
3.78
USD
+0.07
- -
933.77MMarket Cap
Ardelyx, Inc.
ARDX
(NASDAQ Global Market)

Recent

price

3.78

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
1.84
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
-0.23
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
-0.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-3.21
-3.41
3.26
4.19
4.08
2.93
1.85
2.1
1.35
0.63
0.5
0.72
0.73
0.68
0.6
Book Value per Share
-3.21
-3.41
3.26
4.19
4.08
2.93
1.85
2.1
1.35
0.63
0.5
0.72
0.73
0.68
0.6
Tangible Book Value per Share
13
13
10
23
40
47
56
64
90
104
159
219
235
241
245
Basic Weighted Avg Shares
5
29
32
24
- -
42
3
5
8
10
52
124
334
407
451
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
-7.86
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
-56
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
-12.35
Profit Margin (%)
20
25
90
104
185
132
159
230
166
81
88
196
279
294
310
Working Capital
- -
- -
- -
- -
- -
- -
49
51
47
10
6
52
152
206
255
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 (%)
- -
- -
- -
-34.93
-74.42
-38.7
-71.57
-62.78
-60.31
-151.55
-74.28
-49.83
-23.01
-36.21
-38.61
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
2
2
LT Borrowings
203
204
252
LT Finance Leases
4
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
244
247
247
Market Capitalization
1,425
1,479
1,260

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
382
382
442
Cash, Cash Equivalents & STI
265
238
282
Accounts Receivable, Net
72
83
100
Inventories
18
23
26
Total Current Liabilities
89
110
132
Payables & Accruals
59
95
109
ST Debt
1
2
2
Deferred Revenue
1
3
7

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
121
- -
- -
- -

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
-0.07
- -
- -
- -

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

  • Ardelyx to Participate in Upcoming Investor Conferences

  • Freestone Grove Partners LP Buys Shares of 253,692 Ardelyx, Inc. $ARDX

  • Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Ardelyx (ARDX)

  • ARDX Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Ardelyx (ARDX)

  • ARDX Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Ardelyx (ARDX)

  • ARDX SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving Ardelyx

  • Ardelyx Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Ardelyx (ARDX)

  • Ardelyx Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Ardelyx (ARDX)

  • Ardelyx Q2: Strong Demand, But Payer Friction Clouds The Story

  • Ardelyx, Inc. (ARDX) Q2 2026 Earnings Call Transcript

  • New Strong Sell Stocks for August 7th

  • Compared to Estimates, Ardelyx (ARDX) Q2 Earnings: A Look at Key Metrics

  • Ardelyx Q2 Earnings Call Highlights

  • New Strong Sell Stocks for July 29th

  • Ardelyx to Report Second Quarter 2026 Financial Results on August 6, 2026

  • New Strong Sell Stocks for July 23rd

  • 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