Ardelyx (ARDX) Operating Expenses (2013 - 2026)

Ardelyx has reported Operating Expenses for 14 years, with the latest figure at $127.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 15.21% year-over-year to $127.3 million; the trailing twelve-month figure through Mar 2026 stood at $477.4 million (up 16.88% YoY), and the FY2025 full-year result was $448.3 million, up 23.99% from the prior year.
• Operating Expenses for Q1 2026 stood at $127.3 million, down from $148.8 million in the prior quarter.
• The five-year high for Operating Expenses was $148.8 million in Q4 2025, with the low at $26.1 million in Q3 2022.
• Historically, Operating Expenses has averaged $73.5 million across 5 years, with a median of $75.1 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 39.8% — and 2023, when it surged 159.99%.
• Ardelyx's Operating Expenses stood at $28.9 million in 2022, then surged by 159.99% to $75.1 million in 2023, then jumped by 86.89% to $140.3 million in 2024, then climbed by 6.06% to $148.8 million in 2025, then dropped by 14.47% to $127.3 million in 2026.
• The last three Operating Expenses figures came in at $127.3 million (Q1 2026), $148.8 million (Q4 2025), and $101.7 million (Q3 2025), per Business Quant data.