Ardelyx (ARDX) Operating Leases (2019 - 2026)
Ardelyx (ARDX) recorded Operating Leases of $2.82 million in Q2 2026, down 29.7% from $4.02 million a year earlier and down 12.8% 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 Q2 2026 figure is the lowest quarterly Operating Leases since Q1 2025.
- On a year-over-year basis, Operating Leases rose in five of the last eight quarters, with growth averaging 109.6%.
- 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 $3.24 million (Q1 2026), $3.64 million (Q4 2025) and $4.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Ardelyx | 849.59 Mn | -177.71 Mn | 115.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 10.67 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();