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Ardelyx ARDX Prepaid commercial manufacturing

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Other financials

Income statement

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Revenue$94.5M+27.5%
Gross profit$89.7M+45.1%
Operating income-$32.8M+9.8%
Net income-$37.6M+8.6%
EPS (diluted)-$0.15+11.8%

Balance sheet

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Cash & equivalents$31.2M+1.3%
Total debt$208.3M+34.3%
Total equity$148.6M+2.0%
Total assets$504.5M+23.0%

Cash flow

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Operating cash flow-$32.2M+16.2%
CapEx$69.0K-78.8%
Free cash flow-$32.3M+16.7%

Valuation

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Market cap$1.53B+25.5%

Profitability

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Gross margin92.5%+7.9pp
Operating margin-25.4%
Net margin-13.6%
FCF margin-40.9%

Returns & leverage

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Return on equity-39.5%
Debt / equity1.4×+0.3×
Current ratio3.5×-0.6×

Where this comes from

Reported directly by Ardelyx in its filing.

Tagged under the XBRL concept ardx:PrepaidCommercialManufacturingCurrent.

The official record: Ardelyx’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ardelyx's prepaid commercial manufacturing?
Ardelyx (ARDX) reported prepaid commercial manufacturing of $14.64M in Q1 2026.
How has Ardelyx's prepaid commercial manufacturing changed year-over-year?
Ardelyx's prepaid commercial manufacturing increased by 5.7% year-over-year, from $13.85M to $14.64M.
What is the long-term trend for Ardelyx's prepaid commercial manufacturing?
Over 4 years (2021 to 2025), Ardelyx's prepaid commercial manufacturing has grown at a 11.4% compound annual growth rate (CAGR), from $9.41M to $14.48M.
What does prepaid commercial manufacturing mean?
This represents advance payments made to contract manufacturers or suppliers for the production of commercial-stage pharmaceutical products. It reflects the company's commitment to securing supply chain capacity and inventory availability before the physical goods are received. High balances indicate significant upfront investment in scaling commercial operations.