Ardelyx (ARDX) Change in Inventory (2022 - 2026)
Ardelyx (ARDX) posted Change in Inventory of $4.9 million for Q1 2026, up 178.68% on a QoQ basis from -$6.3 million in Q4 2025, and down 66.53% year-over-year from $14.7 million in Q1 2025.
Ardelyx (ARDX) Change in Inventory (2022 - 2026) Analysis & Trends
Ardelyx's Change in Inventory history runs 5 years deep, the most recent figure standing at $4.9 million for Q1 2026.
- Quarterly Change in Inventory fell 66.53% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.1 million (down 18.02% YoY) and the FY2025 annual result came in at $31.9 million, down 23.44% from the prior year.
- Change in Inventory was $4.9 million for Q1 2026 at Ardelyx, up from -$6.3 million in the prior quarter.
- Across five years, Change in Inventory topped out at $29.4 million in Q1 2024 and bottomed at -$6.3 million in Q4 2025.
- A 5-year average of $7.5 million and a median of $4.9 million in 2026 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2024 — Change in Inventory surged 516.91% — and 2025, when it tumbled 203.73%.
- Ardelyx's Change in Inventory stood at $18.6 million in 2022, then tumbled by 89.29% to $2.0 million in 2023, then jumped by 202.97% to $6.0 million in 2024, then tumbled by 203.73% to -$6.3 million in 2025, then soared by 178.68% to $4.9 million in 2026.
- Business Quant data shows ARDX's Change in Inventory at $4.9 million in Q1 2026, -$6.3 million in Q4 2025, and $6.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 71.84 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 97.70 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | -26.60 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Ardelyx | 1.26 Bn | 1.02 Bn | 89.66 Mn | 4.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.92 Mn |
| Mar 31, 2026 | 4.92 Mn |
| Dec 31, 2025 | -6.25 Mn |
| Dec 31, 2025 | -6.25 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Jun 30, 2025 | 17.38 Mn |
| Jun 30, 2025 | 17.38 Mn |
| Mar 31, 2025 | 14.69 Mn |
| Mar 31, 2025 | 14.69 Mn |
| Dec 31, 2024 | 6.03 Mn |
| Dec 31, 2024 | 6.03 Mn |
| Sep 30, 2024 | 1.73 Mn |
| Sep 30, 2024 | 1.73 Mn |
| Jun 30, 2024 | 4.57 Mn |
| Jun 30, 2024 | 4.57 Mn |
| Mar 31, 2024 | 29.37 Mn |
| Mar 31, 2024 | 29.37 Mn |
| Dec 31, 2023 | 1.99 Mn |
| Dec 31, 2023 | 1.99 Mn |