Ardelyx, Inc. (ARDX)
NASDAQ: ARDX · Real-Time Price · USD
3.780
+0.040 (1.07%)
Aug 25, 2026, 8:55 AM EDT - Market open

Ardelyx Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
450.89407.32333.62124.4652.1610.1
Revenue Growth
16.77%22.09%168.06%138.61%416.57%33.36%
Gross Profit
338.28296.26230.7471.1312.84-79.34
Operating Income
-35.45-40.98-27.95-63.28-63.76-148.15
Net Income
-55.7-61.6-39.14-66.07-67.21-158.17
Earnings Per Share
-0.23-0.26-0.17-0.30-0.42-1.52
EPS Growth
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Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
377.81319.283.2815.6-
Asia Pacific
29.1714.3441.1236.5310.08
North America
0.340.080.060.030.01
Total
407.32333.62124.4652.1610.1

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
281.83264.69250.1184.3123.91116.69
Total Debt
282.51233.83178.9776.1647.7145.5
Net Cash (Debt)
-0.6830.8671.14108.1476.271.19
Net Cash Growth
--56.62%-34.22%41.92%7.04%-47.38%
Net Cash Per Share
-0.000.130.300.490.480.68

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-17.32-42.48-44.81-89.72-70.04-152.55
Capital Expenditures
-0.6-1.49-1.01-0.34-0.06-1.87
Free Cash Flow
-17.92-43.98-45.82-90.06-70.1-154.42
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
75.02%72.73%69.16%57.15%24.62%-
Operating Margin
-7.86%-10.06%-8.38%-50.84%-122.24%-1467.23%
Pretax Margin
-12.30%-14.89%-11.65%-52.65%-128.84%-1566.42%
Profit Margin
-12.35%-15.12%-11.73%-53.09%-128.85%-1566.45%
FCF Margin
-3.97%-10.80%-13.73%-72.36%-134.40%-1529.35%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
210.11115.2220.8520.8520.8520.85
PS Ratio
2.073.483.6011.5610.2412.28