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
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
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.
Earnings Calendar
Next Earnings
Estimated Q3 Release
Oct 28
Est. EPS
Adjusted consensus estimate
-$0.01
Analyst Consensus
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%