Ardelyx, Inc. (ARDX) Stock

About Ardelyx, Inc.

Ardelyx, Inc. is led by CEO Michael G. Raab, employs 395 people, headquartered in US, publicly traded since 2014.

Ardelyx, Inc. (ARDX) stock trades at $3.08 with a market capitalization of $767.50M. The stock is valued at a negative price-to-earnings (P/E) ratio of -15.13, reflecting a net loss over the last twelve months, price-to-book of 5.69, price-to-sales of 1.87. Over the past 52 weeks the stock has ranged between $3.04 and $8.40, and currently trades 63.3% below its 52-week high.

On profitability, Ardelyx, Inc. generates a return on equity (ROE) of -36.00% (negative, reflecting a net loss), return on capital employed of -7.99%, an operating margin of -8.75%, a net profit margin of -12.35%.

Ardelyx, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Ardelyx, Inc. reported revenue of $24.0M rising to $407.0M, a change of +1595.8% across 10 years. Compounded, revenue has grown 119.4% a year over five years, 98.5% over three, 21.9% over the last twelve months. Net profit rose to $-62.0M.

Operating margin went from -469.9% in 2016 to -10.1% in 2025, a gain of 459.8 percentage points. The most recent net margin is -12.35%. On a trailing twelve-month basis to Jun '26, revenue is $450.0M and net profit $-56.0M.

Borrowings stand at $212.0M, cash from operations was $-42.0M in the latest year, positive in 0 of the last 10.

Return on equity has averaged -71.6% over five years, and was -37.1% in the most recent year.

The share price itself has compounded at -4.9% a year over five years, 15.1% over three, 57.9% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Ardelyx, Inc. (ARDX) — frequently asked questions