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Ardelyx ARDX Product sales, net — Cost of Sales

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Other financials

Income statement

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Revenue$120.9M+23.8%
Gross profit$115.1M+35.0%
Operating income-$12.4M+13.7%
Net income-$16.7M+12.4%
EPS (diluted)-$0.07+12.5%

Balance sheet

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Cash & equivalents$97.2M+7.9%
Total debt$256.2M+24.0%
Total equity$149.0M+6.8%
Total assets$575.9M+23.4%

Cash flow

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Operating cash flow-$6.4M+74.7%
CapEx$13.0K-98.0%
Free cash flow-$6.4M+75.3%

Valuation

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Market cap$1.2B-4.0%
Enterprise value$1.36B-0.6%
P/S2.7×-0.6×

Profitability

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Gross margin94.4%+9.6pp
Operating margin-25.4%
Net margin-12.4%
FCF margin-40.9%

Returns & leverage

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Return on equity-38.6%
Debt / equity1.7×+0.2×
Current ratio3.3×-1.0×

Where this comes from

Reported directly by Ardelyx in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Ardelyx’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437402-26-000044
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other revenues(1)2,7487,5853,84813,885
Total revenues120,87797,662215,350171,776
Less
Cost of product sales(2)3,6893,2456,5645,585
Other cost of revenue(3)2,0709,1584,00619,121
Research and development(4)23,19513,25140,78124,586
Selling(4)66,94957,952134,344114,752
General and administrative(4)22,08316,76445,39934,701

Item 1. Financial Statements (Unaudited)

FAQ

What is Ardelyx's product sales, net — cost of sales?
Ardelyx (ARDX) reported product sales, net — cost of sales of $3.69M in Q2 2026.
How has Ardelyx's product sales, net — cost of sales changed year-over-year?
Ardelyx's product sales, net — cost of sales increased by 13.7% year-over-year, from $3.25M to $3.69M.
What does product sales, net — cost of sales mean?
This metric represents the direct costs incurred to manufacture and deliver the pharmaceutical products sold during the reporting period. It includes expenses such as raw materials, manufacturing labor, and distribution costs directly attributable to product sales. Analyzing this figure provides insight into the company's gross margin efficiency and the scalability of its commercial operations.

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