Growth Metrics

Ardelyx (ARDX) Operating Expenses (2016 - 2025)

Ardelyx's Operating Expenses history spans 13 years, with the latest figure at $148.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 6.06% year-over-year to $148.8 million; the TTM value through Dec 2025 reached $448.3 million, up 23.99%, while the annual FY2025 figure was $448.3 million, 23.99% up from the prior year.
  • Operating Expenses reached $148.8 million in Q4 2025 per ARDX's latest filing, up from $101.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $148.8 million in Q4 2025 to a low of $26.1 million in Q3 2022.
  • Average Operating Expenses over 5 years is $63.6 million, with a median of $44.8 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: plummeted 39.8% in 2022, then soared 159.99% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $35.3 million in 2021, then decreased by 18.21% to $28.9 million in 2022, then skyrocketed by 159.99% to $75.1 million in 2023, then soared by 86.89% to $140.3 million in 2024, then increased by 6.06% to $148.8 million in 2025.
  • Per Business Quant, the three most recent readings for ARDX's Operating Expenses are $148.8 million (Q4 2025), $101.7 million (Q3 2025), and $99.7 million (Q2 2025).