Ardelyx, Inc. (ARDX)
NASDAQ: ARDX · Real-Time Price · USD
4.980
+0.030 (0.61%)
Aug 3, 2026, 4:00 PM EDT - Market closed

Ardelyx Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
427.68407.32333.62124.4652.1610.1
Revenue Growth
18.24%22.09%168.06%138.61%416.57%33.36%
Gross Profit
395.63367.78283.06106.6648.049.1
Operating Income
-37.42-40.98-27.95-63.28-63.76-154.35
Net Income
-58.06-61.6-39.14-66.07-67.21-158.17
Earnings Per Share
-0.24-0.26-0.17-0.30-0.42-1.52
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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
238.07264.69250.1184.3123.91116.69
Total Debt
208.26207.95153.4455.9836.4645.5
Net Cash (Debt)
29.8156.7496.66128.3287.4571.19
Net Cash Growth
-49.34%-41.31%-24.67%46.73%22.85%-46.54%
Net Cash Per Share
0.120.240.410.590.550.68

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-36.26-42.48-44.81-89.72-70.04-152.55
Capital Expenditures
-1.24-1.49-1.01-0.34-0.06-1.87
Free Cash Flow
-37.5-43.98-45.82-90.06-70.1-154.42
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
92.51%90.29%84.85%85.70%92.11%90.10%
Operating Margin
-8.75%-10.06%-8.38%-50.84%-122.24%-1528.63%
Pretax Margin
-13.55%-14.89%-11.65%-52.65%-128.84%-1566.42%
Profit Margin
-13.58%-15.12%-11.73%-53.08%-128.85%-1566.46%
FCF Margin
-8.77%-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
71.14115.2220.8520.8520.8520.85
PS Ratio
2.883.503.6211.5810.8514.18