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Ardelyx, Inc. ARDX R2KR3KPHARMA

Healthcare · Biotechnology · United States
https://www.ardelyx.com
Company Profile ↓
$3.78
-34.26% 1Y
Mkt Cap$933.77M
P/E-15.75
P/B5.86
52W High$7.99
52W Low$3.71
Book Value$0.68
EPS (TTM)$-0.24

Company Overview

Ardelyx, Inc. discovers, develops, and commercializes medicines to treat unmet medical needs in the United States and internationally. The company offers IBSRELA, a minimally absorbed small molecule therapy for the treatment of patients with irritable bowel syndrome with constipation; and XPHOZAH, a phosphate absorption inhibitor to reduce serum phosphorus in adults with chronic kidney disease on dialysis. Ardelyx, Inc. was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. The company was incorporated in 2007 and is headquartered in Waltham, Massachusetts.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 48.1% CAGR over the past five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $407.32M (+22.1% YoY); net profit $-61.60M.
  • Trailing 12 Months Year-on-year growth — revenue +27.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 48.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:48.12%
1 Year:27.50%

Stock Price Performance

1 Year:-34.26%
6 Months:-38.93%
3 Months:-32.01%
1 Month:-22.38%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 2% of range
$3.71 $7.99
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)32.34 · Neutral
Price Performance
1M-22.38%
3M-32.01%
6M-38.93%
1Y-34.26%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 48.1% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 52.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-15.75
Industry PE
25.17
Forward P/E
7.03
PEG Ratio
-
Book Value
$0.68
Price to Book
5.86
P/S
2.31
EV/EBITDA
-35.22
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
48.12%
Profit 5Y
-
Revenue (YoY)
27.50%
Earnings (YoY)
-

Profitability & Returns

ROCE
-9.92%
ROE
-39.46%
ROA
-5.11%
Profit Margin
-13.58%
Op Margin
-34.71%
Gross Margin
74.56%
EPS (Latest Qtr)
$-0.07
EPS (TTM)
$-0.24

Balance Sheet & Liquidity

Debt/Equity
1.58
Quick Ratio
2.93
Current Ratio
3.48
Debt
$234.13M
Total Assets
$575.89M
Current Assets
$381.87M
Working Capital
$293.71M

Ownership

Promoter Holding
3.17%
Chg in Prom Hold
-0.06%
FII / Inst Holding
73.31%
Chg in FII Hold
-0.02%

Financial Snapshot

Enterprise Value
$933.77M
Total Revenue (TTM)
$427.68M
EBITDA
$-34.05M
Free Cash Flow
$86.38K
Operating Cash Flow
$-36.26M
Shares Outstanding
247.03M
Gross Margin
74.56%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ARDX Ardelyx, Inc. R2KR3KPHARMA 3.78 -15.75 $933.77M 0.00% -9.92% -39.46% 48.12% -
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,149.36 38.57 $1.02T 0.58% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 275.23 31.97 $663.28B 2.09% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 256.46 72.45 $453.19B 2.84% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 150.33 120.26 $371.29B 2.65% - 34.70% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 397.14 25.54 $356.47B 2.33% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 159.99 24.20 $304.10B 3.03% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 162.70 24.36 $252.33B 1.98% 15.97% 21.96% 9.82% 45.96%
9 AMGN Amgen Inc. NDXSPXR3KPHARMA 437.23 27.14 $235.98B 2.49% 13.95% 91.47% 5.51% 5.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ----------2.32M30.00K172.00K85.00K-18.00K3.01M2.25M1.21M1.84M2.71M1.81M6.58M1.31M1.17M468.00K2.53M4.99M11.37M22.33M56.39M46.02M73.22M98.24M74.11M97.66M110.33M125.22M94.47M120.88M
Cost of Revenue ----------------------------------12.30M12.40M3.98M10.85M4.81M-
Gross Profit ---------33.60M1.86M30.00K170.00K85.00K-18.00K2.41M2.25M----------------61.81M85.26M106.35M114.37M89.66M-
Operating Expenses ----------------------------------98.16M99.65M101.68M109.27M122.45M-
Operating Income -18.08M--23.53M-28.69M-29.20M--28.43M-26.42M-21.23M--17.68M-22.15M-23.73M--25.50M-24.83M-22.09M--21.77M-24.21M-17.16M--32.01M-44.83M-42.24M-27.81M-26.21M-21.88M-26.06M-16.62M7.40M-24.68M-13.63M2.23M-36.35M-14.39M4.67M5.10M-32.79M-12.43M
EBITDA -----------------------------------33.42M-11.87M8.02M8.10M-29.77M-
Interest Expense ----------------------------------6.26M6.58M7.98M7.58M6.92M-
Pretax Income -----------------------------------40.28M-19.08M-867.00K-400.00K-37.60M-
Tax Provision ----------------------------------859.00K1.00K102.00K7.00K8.00K-
Net Income -18.13M-17.00M-23.47M-28.61M-29.03M-31.28M-28.01M-25.72M-20.72M10.11M-17.02M-22.29M-24.13M-27.86M-26.14M-25.47M-23.54M-19.79M-22.37M-24.96M-18.11M-28.88M-33.16M-45.19M-43.59M-28.07M-26.94M-22.89M-26.77M-17.12M6.63M-26.52M-16.45M-809.00K-41.14M-19.08M-969.00K-407.00K-37.60M-16.72M
Diluted EPS -0.70-0.65--0.83---0.59-0.54-0.440.21---------0.25-0.28-0.20--0.34-0.45-0.42-0.21-0.19-0.14-0.13-0.080.03-0.11-0.070.00-0.17-0.080.000.00-0.15-0.07
R&D Expense 14.71M-19.25M23.84M24.86M-22.39M20.57M15.37M-13.35M16.05M17.94M-20.38M19.48M17.58M-15.84M18.86M12.24M-20.46M26.02M23.70M8.85M9.74M7.47M9.09M8.28M8.64M10.58M12.76M15.31M14.94M15.67M18.07M-20.19M26.10M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 5.41M28.93M31.62M24.03M-42.00M2.61M5.28M7.57M-52.16M124.46M333.62M407.32M
Cost of Revenue ----------4.12M17.80M50.56M39.54M
Gross Profit ---24.03M-33.60M2.14M4.68M--48.04M106.66M283.06M367.78M
Operating Expenses ----------111.80M169.94M311.01M408.76M
Operating Income -8.80M-2.87M-1.56M-29.39M-112.89M-65.11M-90.95M-91.26M-90.78M--63.76M-63.28M-27.95M-40.98M
EBITDA -----------60.98M-55.35M-16.71M-29.17M
Interest Expense ----------5.07M8.87M20.09M28.40M
Pretax Income -----------67.20M-65.52M-38.87M-60.63M
Tax Provision ----------8.00K547.00K266.00K969.00K
Net Income -9.79M-6.56M-3.21M-29.62M-112.39M-64.34M-91.30M-94.94M-94.31M--67.21M-66.07M-39.14M-61.60M
Diluted EPS --------1.47-1.05--0.42-0.30-0.17-0.26
R&D Expense 10.18M28.09M25.90M39.88M94.16M75.48M69.37M71.68M65.05M91.14M35.20M35.54M52.32M71.53M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Jan 2018Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --42.90M113.41M116.95M213.13M157.90M-183.33M259.78M201.56M-190.07M297.58M435.75M501.60M
Current Assets ------------153.60M246.11M356.45M382.32M
Cash & Equivalents 10.78M32.90M34.44M107.29M107.00M74.60M75.38M-78.77M181.13M91.03M-96.14M21.47M64.93M68.00M
Inventory ------------3.28M12.45M21.17M17.73M
Receivables ------------7.73M22.03M57.70M71.85M
Total Liabilities --50.23M52.73M8.04M19.98M18.59M-67.52M73.13M75.45M-91.74M130.76M262.46M334.65M
Current Liabilities --17.14M21.54M7.72M19.20M17.87M1.00M17.73M22.22M28.42M-65.60M50.39M77.83M88.61M
Long Term Debt --------51.98M50.01M50.79M--49.82M150.85M202.83M
Total Debt ------------36.46M55.98M153.44M207.95M
Total Equity -48.26M-57.39M-63.48M60.68M108.90M193.15M139.31M-115.81M186.66M126.11M-98.33M166.82M173.29M166.95M
Shares Outstanding ------------198.58M232.45M238.02M244.35M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow ----71.84M-92.53M-65.19M-70.27M-76.48M-81.44M--70.04M-89.72M-44.81M-42.48M
Investing Cash Flow ----3.45M-131.08M65.29M-29.89M23.37M-31.44M-18.41M-131.25M-18.32M-8.96M
Financing Cash Flow ---75.01M191.20M685.00K103.55M155.48M22.78M-75.34M146.29M106.59M54.51M
Capital Expenditure -128.00K-278.00K-1.86M-3.45M-4.87M-2.35M-311.00K-325.00K-324.00K--55.00K-344.00K-1.01M-1.49M
Free Cash Flow ----75.29M-97.40M-67.55M-70.58M-76.81M-81.76M--70.10M-90.06M-45.82M-43.98M
Net Change in Cash ----------23.71M-74.67M43.46M3.07M
Share Buybacks 20.00K2.00K2.00K-----------

Ratios (Annual)

Figures in %.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---100.0%-80.0%82.1%88.6%--92.1%85.7%84.8%90.3%
Operating Margin % -162.8%-9.9%-4.9%-122.3%--155.0%-3,488.6%-1,728.1%-1,199.0%--122.2%-50.8%-8.4%-10.1%
Net Margin % -180.9%-22.7%-10.2%-123.3%--153.2%-3,502.0%-1,797.8%-1,245.7%--128.9%-53.1%-11.7%-15.1%
ROE % 17.0%10.3%-5.3%-27.2%-58.2%-46.2%-78.8%-50.9%-74.8%--68.3%-39.6%-22.6%-36.9%
ROCE % --11.1%-1.7%-26.9%-58.2%-46.5%-54.9%-38.4%-52.4%--51.2%-25.6%-7.8%-9.9%

Shareholding Pattern

Insiders
3.17%
Institutions
73.31%
Public Float
75.71%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.43% 23.50M $89.55M
2 Rubric Capital Management LP 6.50% 16.20M $61.73M
3 Millennium Management Llc 5.58% 13.90M $52.96M
4 State Street Corporation 5.36% 13.36M $50.89M
5 Vanguard Capital Management LLC 4.20% 10.47M $39.90M
6 Nomura Asset Management International Inc 3.83% 9.55M $36.37M
7 Vanguard Portfolio Management LLC 3.22% 8.03M $30.58M
8 Geode Capital Management, LLC 2.57% 6.40M $24.39M
9 Jupiter Topco LLC 2.13% 5.30M $20.20M
10 Two Sigma Investments, LP 2.09% 5.21M $19.85M

Analyst View

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Latest News

Recent headlines for ARDX

Google News Sun, 06 Sep 2026

ARDX Stock Is Down Pre-Market After Q4 Earnings Miss, So Why Did This Firm Just Hike Price Target By 80%? - Stocktwits

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Google News Sat, 05 Sep 2026

Ardelyx Stock Price Forecast. Should You Buy ARDX? - StockInvest.us

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Google News Sat, 05 Sep 2026

ARDX Stock Tumbles As Xphozah Loses Final Medicare Reimbursement Battle - Stocktwits

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Google News Fri, 12 Jun 2026

Ardelyx (ARDX) Stock Valuation Check After Recent Share Price Volatility - Yahoo Finance

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Google News hu, 13 Aug 2026

Ardelyx Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Ardelyx (ARDX) - PR Newswire

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Google News Fri, 21 Aug 2026

Ardelyx (NASDAQ: ARDX) exec plans 10,500-share RSU tax sale - Stock Titan

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ARDX — Frequently Asked Questions

What is the current share price of Ardelyx, Inc. (ARDX)?

As of 2026-09-07 16:24 PDT, Ardelyx, Inc. (ARDX) trades at $3.78 on NasdaqGM. Its 52-week range is $3.71 to $7.99.

What is the market capitalisation of ARDX?

Ardelyx, Inc. (ARDX) has a market capitalisation of $933.77M on NasdaqGM.

What is the P/E ratio of ARDX?

ARDX trades at a trailing price-to-earnings (P/E) ratio of -15.75. The industry average P/E is 25.17. Its price-to-book (P/B) ratio is 5.86.

What is the return on equity (ROE) of ARDX?

ARDX has a return on equity (ROE) of -39.46%. Its return on capital employed (ROCE) is -9.92%.

Is ARDX a good stock to buy?

This page provides a data-driven analysis of Ardelyx, Inc. (ARDX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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