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Ardelyx ARDX Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total revenues by Product
IBSRELA$70.07M+57.8%$86.6M+60.8%$78.16M+92.3%$65.05M+83.5%$44.4M+56.6%
Licensing revenue$51K-99.0%$23K+4.5%$25K+25.0%$20K+5.3%$5.02M+29,429%
Non-cash royalty revenue related to the sale of future royalties$695K-32.3%$1.35M+47.4%$500M+61,705%$1.38M+130%$1.03M+179%
Product supply revenue$354K+39.4%$9.44M+125%$0-100%$6.19M+47,477%$254K-88.1%
XPHOZAH$23.3M-0.5%$27.8M-51.4%$27.36M-46.8%$25.03M-32.6%$23.41M+54.5%
Cost of Sales by Product
Other cost of revenue$1.94M-80.6%$7.91M-49.1%$1.32M-90.6%$9.16M+14.0%$9.96M+62.9%
Product sales, net$2.88M+22.9%$2.94M+8.1%$2.66M+55.2%$3.25M+131%$2.34M+131%

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Questions, answered.

How does Ardelyx break its business down?
Ardelyx (ARDX) reports total revenues by product across 5 parts — IBSRELA, Licensing revenue, Non-cash royalty revenue related to the sale of future royalties, Product supply revenue and XPHOZAH. Each is extracted from the segment footnotes and tracked over time.
Where does Ardelyx's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Ardelyx's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.