Ardelyx (ARDX) Cost of Revenue (2015 - 2026)

Ardelyx's Cost of Revenue history runs 10 years deep, the most recent figure standing at $4.8 million for Q1 2026.

• Quarterly Cost of Revenue fell 60.9% year-over-year to $4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.0 million (down 42.5% YoY) and the FY2025 annual result came in at $39.5 million, down 21.8% from the prior year.
• Cost of Revenue was $4.8 million for Q1 2026 at Ardelyx, down from $10.8 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $18.3 million in Q4 2024 and bottomed at $85000.0 in Q1 2022.
• A 5-year average of $6.9 million and a median of $5.1 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue tumbled 91.5% — and 2023, when it surged 2428.26%.
• Ardelyx's Cost of Revenue stood at $3.2 million in 2022, then soared by 60.56% to $5.1 million in 2023, then soared by 259.74% to $18.3 million in 2024, then sank by 40.6% to $10.8 million in 2025, then sank by 55.65% to $4.8 million in 2026.
• Business Quant data shows ARDX's Cost of Revenue at $4.8 million in Q1 2026, $10.8 million in Q4 2025, and $4.0 million in Q3 2025.