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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:PrepaidCommercialManufacturing.

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 $18.9M in Q1 2026.
How has Ardelyx's prepaid commercial manufacturing changed year-over-year?
Ardelyx's prepaid commercial manufacturing increased by 10.5% year-over-year, from $17.1M to $18.9M.
What is the long-term trend for Ardelyx's prepaid commercial manufacturing?
Over 3 years (2022 to 2025), Ardelyx's prepaid commercial manufacturing has grown at a 2.2% compound annual growth rate (CAGR), from $13.6M to $14.5M.
What does prepaid commercial manufacturing mean?
Represents advance payments made to third-party contract manufacturers for the production of commercial-stage drug inventory. This asset reflects the company's commitment to securing supply chain capacity for its commercialized products. Monitoring this balance helps investors assess the scale of upcoming inventory production and potential commercial launch activities.