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Ardelyx ARDX Gross margin

Gross margin at other companies

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AmgenAMGN
69.5%+5.0pp
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AbbVieABBV
71.5%+0.5pp
Eton Pharmaceuticals, Inc. logo
Eton Pharmaceuticals, Inc.ETON
54.8%-3.7pp
XER
Xeris Biopharma Holdings, Inc.XERS
86.6%+4.3pp
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Neurocrine BiosciencesNBIX
98.2%-0.3pp
Aurinia Pharmaceuticals logo
Aurinia PharmaceuticalsAUPH
90.4%+0.8pp

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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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

Calculated from Ardelyx’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437402-26-000044

FAQ

What is Ardelyx's gross margin?
Ardelyx (ARDX) reported gross margin of 94.4% in Q2 2026.
How has Ardelyx's gross margin changed year-over-year?
Ardelyx's gross margin increased by 11.3% year-over-year, from 84.8% to 94.4%.
What is the long-term trend for Ardelyx's gross margin?
Over 5 years (2020 to 2025), Ardelyx's gross margin has grown at a -1.6% compound annual growth rate (CAGR), from 98.1% to 90.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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