Ardelyx (ARDX) Enterprise Value (2013 - 2026)

Ardelyx (ARDX) reported Enterprise Value of -$238.1 million for Q1 2026, down 11.27% on a YoY basis from -$268.3 million in Q1 2025, and up 10.06% quarter-over-quarter from -$264.7 million in Q4 2025.

Ardelyx (ARDX) Enterprise Value (2013 - 2026) Analysis & Trends

Ardelyx has reported Enterprise Value for 14 years, with the latest figure at -$238.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 11.27% year-over-year to -$238.1 million; the trailing twelve-month figure through Mar 2026 stood at -$238.1 million (down 11.27% YoY), and the FY2025 full-year result was -$264.7 million, down 5.83% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$238.1 million, up from -$264.7 million in the prior quarter.
  • The five-year high for Enterprise Value was -$81.0 million in Q2 2022, with the low at -$264.7 million in Q4 2025.
  • Historically, Enterprise Value has averaged -$177.6 million across 5 years, with a median of -$186.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Enterprise Value soared 52.85% — and 2023, when it slumped 82.16%.
  • Ardelyx's Enterprise Value stood at -$123.9 million in 2022, then tumbled by 48.74% to -$184.3 million in 2023, then plunged by 35.7% to -$250.1 million in 2024, then fell by 5.83% to -$264.7 million in 2025, then grew by 10.06% to -$238.1 million in 2026.
  • The last three Enterprise Value figures came in at -$238.1 million (Q1 2026), -$264.7 million (Q4 2025), and -$242.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -4.14 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -7.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -584.73 Mn
10 Ardelyx 1.49 Bn 1.25 Bn 89.66 Mn -238.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -238.07 Mn
Dec 31, 2025 -264.69 Mn
Sep 30, 2025 -242.71 Mn
Jun 30, 2025 -238.45 Mn
Mar 31, 2025 -213.95 Mn
Dec 31, 2024 -250.10 Mn
Sep 30, 2024 -190.40 Mn
Jun 30, 2024 -185.96 Mn
Mar 31, 2024 -202.58 Mn
Dec 31, 2023 -184.30 Mn
Sep 30, 2023 -165.08 Mn
Jun 30, 2023 -127.58 Mn
Mar 31, 2023 -130.37 Mn
Dec 31, 2022 -123.91 Mn
Sep 30, 2022 -90.62 Mn
Jun 30, 2022 -81.01 Mn
Mar 31, 2022 -89.70 Mn
Dec 31, 2021 -116.69 Mn
Sep 30, 2021 -141.65 Mn
Jun 30, 2021 -171.81 Mn