Company research
ARDELYX, INC.
CIK 1437402Updated Sep 24, 2026
SecurityARDX · NASDAQ · equity
Name history
NTERYX INC · through Jun 9, 2008
ARDX price & chart
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NASDAQ:ARDX on TradingView ↗In the news
Bronstein, Gewirtz & Grossman LLC Urges Ardelyx, Inc. Investors to Act: Class Action Filed Alleging Investor Harm ↗
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Ardelyx, Inc. (ARDX) ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 501,604,000Source | 435,754,000Source | 297,579,000Source | 190,066,000Source |
| Property, Plant and Equipment, NetUSD | 2,184,000Source | 1,495,000Source | 1,009,000Source | 1,223,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 67,999,000Source | 64,932,000Source | 21,470,000Source | 96,140,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 71,848,000Source | 57,705,000Source | 22,031,000Source | 7,733,000Source |
| Inventory, NetUSD | 123,107,000Source | 91,184,000Source | 49,487,000Source | 28,346,000Source |
| Assets, CurrentUSD | 382,317,000Source | 356,452,000Source | 246,111,000Source | 153,603,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 13,566,000Source | 11,096,000Source | 8,408,000Source | 5,112,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,795,000Source | 2,380,000Source | 5,589,000Source | 9,295,000Source |
| Other Assets, NoncurrentUSD | 6,936,000Source | 5,416,000Source | 3,596,000Source | 881,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 334,655,000Source | 262,465,000Source | 130,763,000Source | 91,737,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 24,000Source | 24,000Source | 23,000Source | 20,000Source |
| Retained Earnings (Accumulated Deficit)USD | -946,939,000Source | -885,340,000Source | -846,204,000Source | -780,137,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 198,000Source | 57,000Source | 224,000Source | -54,000Source |
| Stockholders' Equity Attributable to ParentUSD | 166,949,000Source | 173,289,000Source | 166,816,000Source | 98,329,000Source |
| Additional Paid in Capital, Common StockUSD | 1,113,666,000Source | 1,058,548,000Source | 1,012,773,000Source | 878,500,000Source |
| Liabilities and EquityUSD | 501,604,000Source | 435,754,000Source | 297,579,000Source | 190,066,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 88,605,000Source | 77,830,000Source | 50,393,000Source | 65,603,000Source |
| Operating Lease, Liability, CurrentUSD | 1,479,000Source | 1,562,000Source | 4,435,000Source | 3,894,000Source |
| Accounts Payable, CurrentUSD | 19,235,000Source | 16,000,000Source | 11,138,000Source | 10,859,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,641,000Source | 1,023,000Source | 1,725,000Source | 5,855,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 202,834,000Source | 150,853,000Source | 49,822,000Source | 26,711,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 3,059,000Source | 2,063,000Source | 1,292,000Source | 1,144,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 48,962,000Source | 37,381,000Source | 13,530,000Source | 10,750,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 14,143,000Source | 35,674,000Source | 14,298,000Source | 7,231,000Source |
| Increase (Decrease) in InventoriesUSD | 31,923,000Source | 41,697,000Source | 21,141,000Source | 28,346,000Source |
| Increase (Decrease) in Accounts PayableUSD | 3,235,000Source | 4,862,000Source | 279,000Source | 6,582,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -42,483,000Source | -44,809,000Source | -89,717,000Source | -70,044,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -8,959,000Source | -18,318,000Source | -131,248,000Source | 18,415,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,492,000Source | 1,011,000Source | 344,000Source | 55,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 0Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 54,509,000Source | 106,589,000Source | 146,295,000Source | 75,341,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,067,000Source | 43,462,000Source | -74,670,000Source | 23,712,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 67,999,000Source | 64,932,000Source | 21,470,000Source | 96,140,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 15,717,000Source | 11,408,000Source | 4,240,000Source | 2,901,000Source |
| Income Taxes Paid, NetUSD | 485,000Source | 266,000Source | 51,000Source | 6,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 48,962,000Source | 37,381,000Source | 13,530,000Source | 10,750,000Source |
| DepreciationUSD | 800,000Source | 500,000Source | 600,000Source | 700,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | 0Source | 0Source | 1,260,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | 1,300,000Source |
| General and Administrative ExpenseUSD | — | — | — | 76,599,000Source |
| Income Tax Expense (Benefit)USD | 969,000Source | 266,000Source | 547,000Source | 8,000Source |
| InterestExpenseNonoperatingUSD | 20,102,000Source | 13,006,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -61,599,000Source | -39,136,000Source | -66,067,000Source | -67,207,000Source |
| Nonoperating Income (Expense)USD | 8,745,000Source | 9,174,000Source | 6,630,000Source | 1,633,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 0Source | 119,236,000Source | 71,625,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 407,320,000Source | 333,615,000Source | 124,456,000Source | 52,158,000Source |
| Cost of RevenueUSD | 39,537,000Source | 50,556,000Source | 17,795,000Source | 4,117,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 337,233,000Source | 258,692,000Source | 134,401,000Source | — |
| Operating Income (Loss)USD | -40,977,000Source | -27,950,000Source | -63,276,000Source | -63,759,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -60,630,000Source | -38,870,000Source | -65,520,000Source | -67,199,000Source |
| Income Tax Expense (Benefit)USD | 969,000Source | 266,000Source | 547,000Source | 8,000Source |
| Net Income (Loss) Attributable to ParentUSD | -61,599,000Source | -39,136,000Source | -66,067,000Source | -67,207,000Source |
| Earnings Per Share, BasicUSD per share | -0.26Source | -0.17Source | -0.3Source | -0.42Source |
| Earnings Per Share, DilutedUSD per share | -0.26Source | -0.17Source | -0.3Source | -0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 241,033,750Source | 235,232,927Source | 219,331,253Source | 158,690,083Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 241,033,750Source | 235,232,927Source | 219,331,253Source | 158,690,083Source |
| Interest Expense (non-operating)USD | 20,102,000Source | 13,006,000Source | — | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 448,297,000Source | 311,009,000Source | 169,937,000Source | 115,917,000Source |
| Current Income Tax Expense (Benefit)USD | 969,000Source | 266,000Source | 547,000Source | 8,000Source |
| General and Administrative ExpenseUSD | — | — | — | 76,599,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -60,630,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 4,950,000Source | 3,400,000Source |
| Nonoperating Income (Expense)USD | 8,745,000Source | 9,174,000Source | 6,630,000Source | 1,633,000Source |
| Research and Development ExpenseUSD | 71,527,000Source | 52,317,000Source | 35,536,000Source | 35,201,000Source |