Skip to content
Screener

Ardelyx ARDX Deferred royalty obligation

Deferred royalty obligation at other companies

Collegium Pharmaceutical, Inc. logo
Collegium Pharmaceutical, Inc.COLL
$121.36M-1.0%
BridgeBio Pharma logo
BridgeBio PharmaBBIO
$871.19M+75.2%
BridgeBio Pharma logo
BridgeBio PharmaBBIO
$11.29M+7,742%
Collegium Pharmaceutical, Inc. logo
Collegium Pharmaceutical, Inc.COLL
$142.62M
Collegium Pharmaceutical, Inc. logo
Collegium Pharmaceutical, Inc.COLL
$142.62M
PTH
Pelthos TherapeuticsPTHS
$92.25K

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$1.21B-3.2%
Enterprise value$1.37B+0.2%
P/S2.7×-0.6×

Profitability

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

Returns & leverage

See full
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 ardx:DeferredTaxAssetsRoyaltyObligation.

The source filing: Ardelyx’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:05 PM EST
Fiscal year
FY2025
Accession
0001437402-26-000013
(in thousands)December 31, 2025December 31, 2024
Amortization and depreciation44,70364,237
Tax credits17,10915,529
Stock-based compensation13,44611,226
Deferred royalty obligation6,4976,409
Other14,9418,122
Deferred tax assets220,796209,166
Valuation allowance(219,592)(208,568)
Deferred tax assets net of valuation allowance1,204598

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Ardelyx's deferred royalty obligation?
Ardelyx (ARDX) reported deferred royalty obligation of $6.5M in Q4 2025.
What is the long-term trend for Ardelyx's deferred royalty obligation?
Over 3 years (2022 to 2025), Ardelyx's deferred royalty obligation has grown at a 36.1% compound annual growth rate (CAGR), from $2.58M to $6.5M.
What does deferred royalty obligation mean?
Deferred royalty obligation as reported by Ardelyx, Inc..

Ask your AI about Ardelyx's deferred royalty obligation.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude