Ardelyx (ARDX) Operating Leases (2019 - 2026)
Ardelyx (ARDX) recorded Operating Leases of $2.4 million in Q3 2026, down 40.6% from $4.04 million a year earlier and down 15.0% from the prior quarter.
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Analysis
Ardelyx (ARDX) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Ardelyx reported Operating Leases of $3.64 million, up 255.9% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of 54.5% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $1.02 million in FY2024 (-40.7%), $1.73 million in FY2023 (-70.5%), $5.86 million in FY2022 (-39.9%) and $9.75 million in FY2021.
- The Q3 2026 figure is the lowest quarterly Operating Leases since Q4 2024.
- On a year-over-year basis, Operating Leases rose in five of the last eight quarters, with growth averaging 111.8%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 266.3% in Q2 2025, against a decline of 83.8% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.82 million (Q2 2026), $3.24 million (Q1 2026) and $3.64 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn |
| 10 | Ardelyx | 736.27 Mn | -333.66 Mn | 123.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.40 Mn |
| Jun 30, 2026 | 2.82 Mn |
| Mar 31, 2026 | 3.24 Mn |
| Dec 31, 2025 | 3.64 Mn |
| Sep 30, 2025 | 4.04 Mn |
| Jun 30, 2025 | 4.02 Mn |
| Mar 31, 2025 | 2.51 Mn |
| Dec 31, 2024 | 1.02 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 778,000.00 |
| Dec 31, 2023 | 1.73 Mn |
| Sep 30, 2023 | 2.89 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Mar 31, 2023 | 4.81 Mn |
| Dec 31, 2022 | 5.86 Mn |
| Sep 30, 2022 | 6.88 Mn |
| Jun 30, 2022 | 7.86 Mn |
| Mar 31, 2022 | 8.81 Mn |
| Dec 31, 2021 | 9.75 Mn |
API Access
Ardelyx Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ARDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ARDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ARDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();