Ardelyx (ARDX) Operating Income (2013 - 2026)

Ardelyx (ARDX) posted Operating Income of -$32.8 million for Q1 2026, down 743.13% on a QoQ basis from $5.1 million in Q4 2025, and up 9.78% year-over-year from -$29.9 million in Q1 2025.

Ardelyx (ARDX) Operating Income (2013 - 2026) Analysis & Trends

Ardelyx's Operating Income history runs 14 years deep, the most recent figure standing at -$32.8 million for Q1 2026.

  • Quarterly Operating Income rose 9.78% year-over-year to -$32.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$37.4 million (up 5.55% YoY) and the FY2025 annual result came in at -$41.0 million, down 46.61% from the prior year.
  • Operating Income was -$32.8 million for Q1 2026 at Ardelyx, down from $5.1 million in the prior quarter.
  • Across five years, Operating Income topped out at $12.1 million in Q4 2022 and bottomed at -$36.3 million in Q1 2025.
  • A 5-year average of -$13.5 million and a median of -$16.6 million in 2023 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2022 — Operating Income surged 134.43% — and 2023, when it sank 330.47%.
  • Ardelyx's Operating Income stood at $12.1 million in 2022, then sank by 330.47% to -$28.0 million in 2023, then surged by 129.03% to $8.1 million in 2024, then sank by 37.24% to $5.1 million in 2025, then plunged by 743.13% to -$32.8 million in 2026.
  • Business Quant data shows ARDX's Operating Income at -$32.8 million in Q1 2026, $5.1 million in Q4 2025, and $4.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Ardelyx 1.24 Bn 999.81 Mn 89.66 Mn -32.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -32.79 Mn
Dec 31, 2025 5.10 Mn
Sep 30, 2025 4.67 Mn
Jun 30, 2025 -14.40 Mn
Mar 31, 2025 -36.35 Mn
Dec 31, 2024 8.13 Mn
Sep 30, 2024 2.23 Mn
Jun 30, 2024 -13.63 Mn
Mar 31, 2024 -24.68 Mn
Dec 31, 2023 -27.99 Mn
Sep 30, 2023 7.40 Mn
Jun 30, 2023 -16.62 Mn
Mar 31, 2023 -26.06 Mn
Dec 31, 2022 12.14 Mn
Sep 30, 2022 -21.88 Mn
Jun 30, 2022 -26.22 Mn
Mar 31, 2022 -27.81 Mn
Dec 31, 2021 -35.27 Mn
Sep 30, 2021 -42.24 Mn
Jun 30, 2021 -44.83 Mn