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
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