Ardelyx, Inc. (ARDX) quarterly income statement — complete revenue, gross profit & net income history
Ardelyx, Inc. (ARDX) annual income statement — 14-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 127.66M | 120.88M | 94.47M | 125.22M | 110.33M | 97.66M | 74.11M | 116.13M | 98.24M | 73.22M | 46.02M | 34.36M | 56.39M | 22.33M | 11.37M | 44.18M | 4.99M | 2.53M | 468K | 1.03M |
| Revenue Growth % | 15.7% | 23.77% | 27.47% | 7.82% | 12.3% | 33.38% | 61.04% | 237.95% | 74.21% | 227.86% | 304.81% | -22.22% | 1030.99% | 784.13% | 2329.27% | 4193.29% | 325.06% | 92.38% | -92.89% | -43.12% |
| Cost of Goods Sold | 4.54M | 5.76M | 4.81M | 11.77M | 4.89M | 13.03M | 12.9M | 18.26M | 15.73M | 10.01M | 7.56M | 5.08M | 7.69M | 3.49M | 1.54M | 3.16M | 732K | 138K | 85K | 0 |
| COGS % of Revenue | 3.56% | 4.76% | 5.09% | 9.4% | 4.43% | 13.35% | 17.41% | 15.73% | 16.01% | 13.66% | 16.43% | 14.77% | 13.64% | 15.62% | 13.52% | 7.16% | 14.68% | 5.46% | 18.16% | - |
| Gross Profit | 123.12M | 115.12M | 89.66M | 113.44M | 105.44M | 84.63M | 61.21M | 97.86M | 82.51M | 63.22M | 38.46M | 29.29M | 48.7M | 18.84M | 9.83M | 41.02M | 4.25M | 2.39M | 383K | 1.03M |
| Gross Margin % | 96.44% | 95.24% | 94.91% | 90.6% | 95.57% | 86.65% | 82.59% | 84.27% | 83.99% | 86.34% | 83.57% | 85.23% | 86.36% | 84.38% | 86.48% | 92.84% | 85.32% | 94.54% | 81.84% | 100% |
| Gross Profit Growth % | 16.76% | 36.03% | 46.48% | 15.92% | 27.79% | 33.87% | 59.15% | 234.17% | 69.43% | 235.48% | 291.17% | -28.6% | 1044.78% | 689.11% | 2467.1% | 3886.01% | 262.66% | 81.87% | -93.14% | -42.99% |
| Operating Expenses | 119.09M | 127.54M | 122.45M | 108.35M | 100.77M | 99.02M | 97.56M | 89.74M | 80.28M | 76.85M | 63.14M | 57.27M | 41.3M | 35.47M | 35.9M | 28.87M | 26.13M | 28.6M | 28.19M | 36.3M |
| OpEx % of Revenue | 93.29% | 105.51% | 129.62% | 86.53% | 91.34% | 101.39% | 131.63% | 77.28% | 81.72% | 104.95% | 137.19% | 166.67% | 73.24% | 158.81% | 315.74% | 65.36% | 524.15% | 1132.34% | 6023.5% | 3527.89% |
| Selling, General & Admin | 93.89M | 101.44M | 102.27M | 86.41M | 83.61M | 83.99M | 83.22M | 76.07M | 64.97M | 64.65M | 52.99M | 47.75M | 32.66M | 27.19M | 26.8M | 19.73M | 18.67M | 18.86M | 19.34M | 15.33M |
| SG&A % of Revenue | 73.55% | 83.92% | 108.25% | 69.01% | 75.78% | 86% | 112.29% | 65.51% | 66.13% | 88.3% | 115.15% | 138.95% | 57.92% | 121.73% | 235.76% | 44.66% | 374.39% | 746.71% | 4132.27% | 1490.18% |
| Research & Development | 25.2M | 26.1M | 20.19M | 21.93M | 17.16M | 15.04M | 14.34M | 13.67M | 15.31M | 12.19M | 10.14M | 9.52M | 8.64M | 8.28M | 9.09M | 9.14M | 7.47M | 9.74M | 8.85M | 20.97M |
| R&D % of Revenue | 19.74% | 21.59% | 21.37% | 17.52% | 15.56% | 15.39% | 19.34% | 11.77% | 15.58% | 16.65% | 22.04% | 27.72% | 15.32% | 37.08% | 79.98% | 20.69% | 149.76% | 385.63% | 1891.24% | 2037.71% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70K | 0 | 23K |
| Operating Income | 4.02M | -12.43M | -32.79M | 5.1M | 4.67M | -14.39M | -36.35M | 8.13M | 2.23M | -13.63M | -24.68M | -27.99M | 7.4M | -16.62M | -26.06M | 12.14M | -21.88M | -26.21M | -27.81M | -35.27M |
| Operating Margin % | 3.15% | -10.28% | -34.71% | 4.07% | 4.23% | -14.74% | -49.04% | 7% | 2.27% | -18.61% | -53.62% | -81.44% | 13.12% | -74.44% | -229.25% | 27.49% | -438.83% | -1037.81% | -5941.67% | -3427.89% |
| Operating Income Growth % | -13.82% | 13.69% | 9.78% | -37.24% | 109.05% | -5.61% | -47.29% | 129.03% | -69.82% | 18.01% | 5.32% | -330.47% | 133.81% | 36.59% | 6.27% | 134.43% | 48.2% | 41.53% | 13.12% | -27.6% |
| EBITDA | 4.02M | -11.82M | -31.88M | 6.02M | 5.57M | -13.76M | -35.75M | 8.64M | 2.78M | -13.06M | -24.24M | -27.62M | 7.69M | -15.06M | -25.16M | 13.14M | -21.25M | -25.97M | -27.34M | -35.08M |
| EBITDA Margin % | 3.15% | -9.78% | -33.74% | 4.81% | 5.05% | -14.09% | -48.23% | 7.44% | 2.83% | -17.84% | -52.68% | -80.39% | 13.64% | -67.45% | -221.35% | 29.74% | -426.23% | -1028.11% | -5842.73% | -3409.04% |
| EBITDA Growth % | -27.81% | 14.12% | 10.82% | -30.32% | 100.68% | -5.38% | -47.45% | 131.28% | -63.88% | 13.29% | 3.66% | -310.24% | 136.18% | 42% | 7.97% | 137.46% | 49.13% | 41.6% | 13.42% | -28.88% |
| D&A (Non-Cash Add-back) | 0 | 604K | 915K | 921K | 905K | 631K | 602K | 515K | 544K | 569K | 435K | 362K | 291K | 1.56M | 899K | 996K | 628K | 245K | 463K | 194K |
| EBIT | 4.02M | -11.65M | -30.68M | 7.18M | 7.12M | -12.5M | -34.02M | 10.53M | 4.51M | -11.48M | -22.34M | -25.66M | 8.86M | -15.08M | -24.76M | 12.52M | -21.18M | -26.14M | -27.32M | -35.25M |
| Net Interest Income | -7.38M | -4.96M | -6.92M | -7.58M | -7.98M | -6.58M | -6.26M | -5.85M | -5.28M | -4.9M | -4.06M | -2.81M | -2.03M | -2.04M | -2M | -1.82M | -1.72M | -787K | -746K | -984K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.38M | 4.96M | 6.92M | 7.58M | 7.98M | 6.58M | 6.26M | 5.85M | 5.28M | 4.9M | 4.06M | 2.81M | 2.03M | 2.04M | 2M | 1.82M | 1.72M | 787K | 746K | 984K |
| Other Income/Expense | -4.67M | -4.19M | -4.8M | -5.5M | -5.54M | -4.68M | -3.94M | -3.44M | -3M | -2.76M | -1.72M | -483K | -569K | -497K | -695K | -1.45M | -1.01M | -717K | -262K | -961K |
| Pretax Income | -647K | -16.61M | -37.6M | -400K | -867K | -19.08M | -40.28M | 4.68M | -766K | -16.39M | -26.4M | -28.47M | 6.83M | -17.12M | -26.76M | 10.7M | -22.89M | -26.93M | -28.07M | -36.23M |
| Pretax Margin % | -0.51% | -13.74% | -39.8% | -0.32% | -0.79% | -19.53% | -54.36% | 4.03% | -0.78% | -22.38% | -57.36% | -82.85% | 12.11% | -76.66% | -235.37% | 24.21% | -459.15% | -1066.19% | -5997.65% | -3521.28% |
| Income Tax | 90K | 110K | 8K | 7K | 102K | 1K | 859K | 35K | 43K | 67K | 121K | 333K | 200K | 0 | 14K | 0 | 0 | 6K | 2K | 0 |
| Effective Tax Rate % | -13.91% | -0.66% | -0.02% | -1.75% | -11.76% | -0.01% | -2.13% | 0.75% | -5.61% | -0.41% | -0.46% | -1.17% | 2.93% | 0% | -0.05% | 0% | 0% | -0.02% | -0.01% | 0% |
| Net Income | -737K | -16.72M | -37.6M | -407K | -969K | -19.08M | -41.14M | 4.64M | -809K | -16.45M | -26.52M | -28.8M | 6.63M | -17.12M | -26.77M | 10.7M | -22.89M | -26.94M | -28.07M | -36.23M |
| Net Margin % | -0.58% | -13.83% | -39.8% | -0.33% | -0.88% | -19.54% | -55.51% | 4% | -0.82% | -22.47% | -57.62% | -83.82% | 11.76% | -76.66% | -235.49% | 24.21% | -459.15% | -1066.43% | -5998.08% | -3521.28% |
| Net Income Growth % | 23.94% | 12.36% | 8.6% | -108.76% | -19.78% | -15.95% | -55.16% | 116.13% | -112.2% | 3.9% | 0.95% | -369.3% | 128.96% | 36.44% | 4.62% | 129.52% | 47.48% | 40.39% | 15.33% | -25.48% |
| Net Income (Continuing) | -737K | -16.72M | -37.6M | -407K | -969K | -19.08M | -41.14M | 4.64M | -809K | -16.45M | -26.52M | -28.8M | 6.63M | -17.12M | -26.77M | 10.7M | -22.89M | -26.94M | -28.07M | -36.23M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00 | -0.07 | -0.15 | -0.00 | -0.00 | -0.08 | -0.17 | 0.02 | -0.00 | -0.07 | -0.11 | -0.12 | 0.03 | -0.08 | -0.13 | 0.06 | -0.14 | -0.19 | -0.21 | -0.31 |
| EPS Growth % | - | 11.95% | 11.76% | -108.95% | - | -13.41% | -54.55% | 115.83% | -111.68% | 12.05% | 15.38% | -317.39% | 120.79% | 58.05% | 38.1% | 117.81% | 66.67% | 57.78% | 38.24% | 3.13% |
| EPS (Basic) | -0.00 | -0.07 | -0.15 | -0.00 | -0.00 | -0.08 | -0.17 | 0.02 | -0.00 | -0.07 | -0.11 | -0.12 | 0.03 | -0.08 | -0.13 | 0.06 | -0.14 | -0.19 | -0.21 | -0.31 |
| Diluted Shares Outstanding | 250.01M | 248.07M | 245.86M | 243.61M | 241.91M | 239.93M | 238.62M | 244.05M | 235.91M | 234.57M | 233.07M | 232.25M | 227.89M | 214.95M | 207.02M | 193.84M | 165.1M | 145.54M | 130.93M | 115.26M |
| Basic Shares Outstanding | 250.01M | 248.07M | 245.86M | 243.61M | 241.91M | 239.93M | 238.62M | 237.37M | 235.91M | 234.57M | 233.07M | 232.25M | 222.78M | 214.95M | 207.02M | 192.43M | 165.1M | 141.78M | 130.93M | 113.45M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |