Ardelyx (ARDX)
Commercializes IBSRELA and XPHOZAH from a gut-local NHE3 inhibition platform.
$3.59
After-hours close−0.04 (−1.21%)
At close$3.63(+3.71%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56 | 34 | 46 | 73 | 98 | 116 | 74 | 98 | 110 | 125 | 94 | 121 |
| Cost of revenue | 8 | 5 | 8 | 10 | 16 | 18 | 13 | 13 | 5 | 12 | 5 | 6 |
| Gross profit | 49 | 29 | 38 | 63 | 83 | 98 | 61 | 85 | 105 | 113 | 90 | 115 |
| 41 | 57 | 63 | 77 | 80 | 90 | 98 | 99 | 101 | 108 | 122 | 128 | |
| Research & development | 9 | 10 | 10 | 12 | 15 | 14 | 14 | 15 | 17 | 22 | 20 | 26 |
| Selling, general & administrative | 33 | 48 | 53 | 65 | 65 | 76 | 83 | 84 | 84 | 86 | 102 | 101 |
| Operating income | 7 | −28 | −25 | −14 | 2 | 8 | −36 | −14 | 5 | 5 | −33 | −12 |
| −1 | 0 | −2 | −3 | −3 | −3 | −4 | −5 | −6 | −5 | −5 | −4 | |
| Interest expense | 2 | 3 | 4 | 5 | 5 | 6 | 6 | 7 | 8 | 8 | 7 | 5 |
| Other non-operating income | −1 | −2 | −2 | −2 | −2 | −2 | −2 | −2 | −2 | −2 | −2 | −1 |
| Income before tax | 7 | −28 | −26 | −16 | −1 | 5 | −40 | −19 | −1 | 0 | −38 | −17 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 7 | −29 | −27 | −16 | −1 | 5 | −41 | −19 | −1 | 0 | −38 | −17 |
| Net income | 7 | −29 | −27 | −16 | −1 | 5 | −41 | −19 | −1 | 0 | −38 | −17 |
| EPS, basic | $0.03 | −$0.12 | −$0.11 | −$0.07 | −$0.00 | $0.02 | −$0.17 | −$0.08 | −$0.00 | −$0.00 | −$0.15 | −$0.07 |
| EPS, diluted | $0.03 | −$0.12 | −$0.11 | −$0.07 | −$0.00 | $0.02 | −$0.17 | −$0.08 | −$0.00 | −$0.00 | −$0.15 | −$0.07 |
| Weighted average shares, basic | 223 | 232 | 233 | 235 | 236 | 237 | 239 | 240 | 242 | 244 | 246 | 248 |
| Weighted average shares, diluted | 228 | 232 | 233 | 235 | 236 | 244 | 239 | 240 | 242 | 244 | 246 | 248 |
| EBITDA | 9 | −25 | −22 | −11 | 5 | 11 | −33 | −12 | 8 | 8 | −30 | −10 |
| Depreciation & amortization | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| EBIT | 9 | −26 | −22 | −11 | 5 | 11 | −34 | −13 | 7 | 7 | −31 | −12 |
