Ardelyx (ARDX) Enterprise Value (2013 - 2026)

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

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

Ardelyx's Enterprise Value history runs 14 years deep, the most recent figure standing at -$238.1 million for Q1 2026.

  • Quarterly Enterprise Value fell 11.27% year-over-year to -$238.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$238.1 million (down 11.27% YoY) and the FY2025 annual result came in at -$264.7 million, down 5.83% from the prior year.
  • Enterprise Value was -$238.1 million for Q1 2026 at Ardelyx, up from -$264.7 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$81.0 million in Q2 2022 and bottomed at -$264.7 million in Q4 2025.
  • A 5-year average of -$177.6 million and a median of -$186.0 million in 2024 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2022 — Enterprise Value soared 52.85% — and 2023, when it sank 82.16%.
  • Ardelyx's Enterprise Value stood at -$123.9 million in 2022, then sank by 48.74% to -$184.3 million in 2023, then slumped by 35.7% to -$250.1 million in 2024, then decreased by 5.83% to -$264.7 million in 2025, then rose by 10.06% to -$238.1 million in 2026.
  • Business Quant data shows ARDX's Enterprise Value at -$238.1 million in Q1 2026, -$264.7 million in Q4 2025, and -$242.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -283.54 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -61.40 Mn
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn -4.79 Bn
4 NuCana 279.75 Bn 279.75 Bn - -32.26 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -7.25 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -8.75 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -5.18 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -1.91 Bn
10 Ardelyx 1.26 Bn 1.02 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