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

Ardelyx has reported Cost of Revenue for 10 years, with the latest figure at $4.8 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 60.9% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $32.0 million (down 42.5% YoY), and the FY2025 full-year result was $39.5 million, down 21.8% from the prior year.
• Cost of Revenue for Q1 2026 stood at $4.8 million, down from $10.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $18.3 million in Q4 2024, with the low at $85000.0 in Q1 2022.
• Historically, Cost of Revenue has averaged $6.9 million across 5 years, with a median of $5.1 million in 2023.
• Annual changes were most pronounced in 2022 — Cost of Revenue plunged 91.5% — and 2023, when it surged 2428.26%.
• Ardelyx's Cost of Revenue stood at $3.2 million in 2022, then jumped by 60.56% to $5.1 million in 2023, then jumped by 259.74% to $18.3 million in 2024, then tumbled by 40.6% to $10.8 million in 2025, then tumbled by 55.65% to $4.8 million in 2026.
• The last three Cost of Revenue figures came in at $4.8 million (Q1 2026), $10.8 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.