Ardelyx (ARDX) Operating Leases (2019 - 2026)
Ardelyx (ARDX) posted Operating Leases of $3.2 million for Q1 2026, down 36.78% on a QoQ basis from $5.1 million in Q4 2025, and down 14.97% year-over-year from $3.8 million in Q1 2025.
Ardelyx (ARDX) Operating Leases (2019 - 2026) Analysis & Trends
Ardelyx's Operating Leases history runs 8 years deep, the most recent figure standing at $3.2 million for Q1 2026.
- Quarterly Operating Leases fell 14.97% year-over-year to $3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 million (down 14.97% YoY) and the FY2025 annual result came in at $5.1 million, up 98.07% from the prior year.
- Operating Leases was $3.2 million for Q1 2026 at Ardelyx, down from $5.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $9.7 million in Q4 2022 and bottomed at $1.1 million in Q2 2024.
- A 5-year average of $5.2 million and a median of $5.1 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases jumped 2119.65% — and 2024, when it plunged 70.79%.
- Ardelyx's Operating Leases stood at $9.7 million in 2022, then slumped by 36.81% to $6.2 million in 2023, then slumped by 58.04% to $2.6 million in 2024, then surged by 98.07% to $5.1 million in 2025, then plunged by 36.78% to $3.2 million in 2026.
- Business Quant data shows ARDX's Operating Leases at $3.2 million in Q1 2026, $5.1 million in Q4 2025, and $5.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - |
| 10 | Ardelyx | 1.26 Bn | 1.02 Bn | 89.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.24 Mn |
| Dec 31, 2025 | 5.12 Mn |
| Sep 30, 2025 | 5.47 Mn |
| Jun 30, 2025 | 4.02 Mn |
| Mar 31, 2025 | 3.81 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Sep 30, 2024 | 3.79 Mn |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 5.09 Mn |
| Dec 31, 2023 | 6.16 Mn |
| Sep 30, 2023 | 2.89 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Mar 31, 2023 | 8.81 Mn |
| Dec 31, 2022 | 9.75 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 |
| Sep 30, 2021 | 10.67 Mn |
| Jun 30, 2021 | 11.55 Mn |