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Ardelyx Inc

ARDX

NASDAQ

Biotechnology

$4.06

USD

+0.15 (+3.84%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $974.32M

Volume 4.0M

Price (USD)
Price (USD)

About Ardelyx Inc

Ardelyx, Inc. is a biopharmaceutical company, which engages in the business of developing and commercializing biopharmaceutical products. The company is headquartered in Waltham, Massachusetts and currently employs 489 full-time employees. The company went IPO on 2014-06-19. The firm markets two therapies from the active ingredient tenapanor, a sodium/hydrogen exchanger (NHE3) inhibitor. NHE3 is an antiporter expressed on the apical surface of the small and large intestines. Tenapanor is a minimally absorbed, first-in-class, oral, small molecule therapy. Tenapanor, branded as IBSRELA, is approved in the United States for the treatment of adults with irritable bowel syndrome with constipation. Tenapanor, branded as XPHOZAH, is approved in the United States to reduce serum phosphorus in adults with chronic kidney disease on dialysis as add-on therapy in patients who have an inadequate response to phosphate binders or who are intolerant of any dose of phosphate binder therapy. In addition to commercializing IBSRELA and XPHOZAH, it is also developing a next-generation NHE3 inhibitor.

CEO

Mr. Michael Raab

HQ

Waltham, MASSACHUSETTS, US

Founded

2014

Employees

489

Quantli Score

8.4

Outperform

Fin. Health

8.1

Profitability

7.6

Growth

9.0

Cash-Flow Q.

8.8

Key Metrics

6 metrics our research team weighs before forming a view on ARDX.

Based on Quantli research · SEC filings · as of Q2 2026

METRIC

VALUE

CHANGE

TREND (3Y)

Revenue Growth (TTM)

16.8%

-67.1 pp

Gross Margin (TTM)

94.4%

+9.6 pp

Operating Margin (TTM)

-7.9%

+2.6 pp

Net Margin (TTM)

-12.4%

+2.2 pp

ROE (TTM)

-37.4%

+3.0 pp

Free Cash Flow (TTM)

$-17.92M

Financial Snapshot

Full Financials

Revenue

$450.89M

+16.8%

YoY

Gross Margin

94%

TTM

+11.3%

YoY

Net Income

$-55.70M

+1.2%

YoY

Operating Cash Flow

$-17.32M

+67.6%

YoY

Key Statistics

Open

$3.93

Previous Close

$3.91

Day Range

$3.86 - $4.07

52 Week Range

$3.86 - $8.40

Volume

4.0M

Average Volume (10 Days)

6.8M

Dividend Yield

Valuation Measurement

Market Cap

$974.32M

P/E Ratio (TTM)

P/S Ratio (TTM)

2.16

Price / Book

6.54

Financial Highlights

Profit Margin

-12.4%

Return on Assets

-9.7%

Return on Equity

-37.4%

Revenue (TTM)

$450.89M

Net Income (TTM)

$-55.70M

Diluted EPS (TTM)

-$0.22

Total Cash (MRQ)

$97.19M

Levered FCF (TTM)

$-17.92M

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Oct 28

Est. EPS

Adjusted consensus estimate

-$0.01

Analyst Consensus

Buy

Based on 1 analyst ratings

Avg Target: $16.00

(+294.1% upside)

High: $16.00 · Low: $16.00

Strong Buy

0%

Buy

100%

Hold

0%

Sell

0%

Strong Sell

0%

View full analyst ratings