Ardelyx (ARDX) Operating Expenses (2013 - 2026)

Ardelyx's Operating Expenses history runs 14 years deep, the most recent figure standing at $127.3 million for Q1 2026.

• Quarterly Operating Expenses rose 15.21% year-over-year to $127.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $477.4 million (up 16.88% YoY) and the FY2025 annual result came in at $448.3 million, up 23.99% from the prior year.
• Operating Expenses was $127.3 million for Q1 2026 at Ardelyx, down from $148.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $148.8 million in Q4 2025 and bottomed at $26.1 million in Q3 2022.
• A 5-year average of $73.5 million and a median of $75.1 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses plunged 39.8% — and 2023, when it surged 159.99%.
• Ardelyx's Operating Expenses stood at $28.9 million in 2022, then jumped 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, then fell by 14.47% to $127.3 million in 2026.
• Business Quant data shows ARDX's Operating Expenses at $127.3 million in Q1 2026, $148.8 million in Q4 2025, and $101.7 million in Q3 2025.