Ardelyx (ARDX) Gross Margin (2015 - 2026)
Ardelyx (ARDX) posted Gross Margin of 94.91% for Q1 2026, up 3.91% on a QoQ basis from 91.34% in Q4 2025, and up 1151.0% year-over-year from 7.59% in Q1 2025.
Ardelyx (ARDX) Gross Margin (2015 - 2026) Analysis & Trends
Ardelyx's Gross Margin history runs 10 years deep, the most recent figure standing at 94.91% for Q1 2026.
- Quarterly Gross Margin rose 1151.0% year-over-year to 94.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 90.01% (up 542.0% YoY) and the FY2025 annual result came in at 90.29%, up 545.0% from the prior year.
- Gross Margin was 94.91% for Q1 2026 at Ardelyx, up from 91.34% in the prior quarter.
- Across five years, Gross Margin topped out at 94.91% in Q1 2026 and bottomed at 17.12% in Q3 2025.
- A 5-year average of 80.98% and a median of 85.32% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin tumbled 10111 bps — and 2026, when it surged 1151 bps.
- Ardelyx's Gross Margin stood at 92.84% in 2022, then decreased by 8 bps to 85.23% in 2023, then declined by 1 bps to 84.27% in 2024, then gained by 8 bps to 91.34% in 2025, then advanced by 4 bps to 94.91% in 2026.
- Business Quant data shows ARDX's Gross Margin at 94.91% in Q1 2026, 91.34% in Q4 2025, and 17.12% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Ardelyx | 1.26 Bn | 1.02 Bn | 89.66 Mn | 94.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.91% |
| Dec 31, 2025 | 91.34% |
| Sep 30, 2025 | -17.12% |
| Jun 30, 2025 | 87.30% |
| Mar 31, 2025 | 83.40% |
| Dec 31, 2024 | 84.27% |
| Sep 30, 2024 | 83.99% |
| Jun 30, 2024 | 87.11% |
| Mar 31, 2024 | 84.51% |
| Dec 31, 2023 | 85.23% |
| Sep 30, 2023 | 86.36% |
| Jun 30, 2023 | 84.38% |
| Mar 31, 2023 | 86.48% |
| Dec 31, 2022 | 92.84% |
| Sep 30, 2022 | 85.32% |
| Jun 30, 2022 | 94.54% |
| Mar 31, 2022 | 81.84% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |