Ardelyx (ARDX) Change in Inventory (2022 - 2026)

Ardelyx (ARDX) reported Change in Inventory of $4.9 million for Q1 2026, down 66.53% on a YoY basis from $14.7 million in Q1 2025, and up 178.68% quarter-over-quarter from -$6.3 million in Q4 2025.

Ardelyx (ARDX) Change in Inventory (2022 - 2026) Analysis & Trends

Ardelyx has reported Change in Inventory for 5 years, with the latest figure at $4.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 66.53% year-over-year to $4.9 million; the trailing twelve-month figure through Mar 2026 stood at $22.1 million (down 18.02% YoY), and the FY2025 full-year result was $31.9 million, down 23.44% from the prior year.
  • Change in Inventory for Q1 2026 stood at $4.9 million, up from -$6.3 million in the prior quarter.
  • The five-year high for Change in Inventory was $29.4 million in Q1 2024, with the low at -$6.3 million in Q4 2025.
  • Historically, Change in Inventory has averaged $7.5 million across 5 years, with a median of $4.9 million in 2026.
  • Annual changes were most pronounced in 2024 — Change in Inventory surged 516.91% — and 2025, when it plunged 203.73%.
  • Ardelyx's Change in Inventory stood at $18.6 million in 2022, then sank by 89.29% to $2.0 million in 2023, then surged by 202.97% to $6.0 million in 2024, then sank by 203.73% to -$6.3 million in 2025, then jumped by 178.68% to $4.9 million in 2026.
  • The last three Change in Inventory figures came in at $4.9 million (Q1 2026), -$6.3 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 51,468.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 97.70 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ardelyx 1.49 Bn 1.25 Bn 89.66 Mn 4.92 Mn

Historic Data

Download Data
DateValue
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