Ardelyx (ARDX) Tax Rate (2013 - 2026)

Ardelyx (ARDX) reported Tax Rate of 0.02% for Q1 2026, up 211.0% on a YoY basis from 0.01% in Q1 2025, and up 98.78% quarter-over-quarter from 1.75% in Q4 2025.

Ardelyx (ARDX) Tax Rate (2013 - 2026) Analysis & Trends

Ardelyx has reported Tax Rate for 13 years, with the latest figure at 0.02% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 211.0% year-over-year to 0.02%; the trailing twelve-month figure through Mar 2026 stood at 0.2% (up 170.0% YoY), and the FY2025 full-year result was 1.6%, down 91.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.02%, up from 1.75% in the prior quarter.
  • The five-year high for Tax Rate was 2.93% in Q3 2023, with the low at 11.76% in Q3 2025.
  • Historically, Tax Rate has averaged 1.41% across 5 years, with a median of 0.23% in 2024.
  • Annual changes were most pronounced in 2024 — Tax Rate sank 854 bps — and 2026, when it soared 211 bps.
  • Ardelyx's Tax Rate stood at 0.02% in 2022, then sank by 5150 bps to 1.17% in 2023, then soared by 164 bps to 0.75% in 2024, then slumped by 334 bps to 1.75% in 2025, then jumped by 99 bps to 0.02% in 2026.
  • The last three Tax Rate figures came in at 0.02% (Q1 2026), 1.75% (Q4 2025), and 11.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ardelyx 1.49 Bn 1.25 Bn 89.66 Mn -0.02

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.02%
Mar 31, 2026 -0.02%
Dec 31, 2025 -1.75%
Dec 31, 2025 -1.75%
Sep 30, 2025 -11.76%
Sep 30, 2025 -11.76%
Jun 30, 2025 -0.01%
Jun 30, 2025 -0.01%
Mar 31, 2025 -2.13%
Mar 31, 2025 -2.13%
Dec 31, 2024 0.75%
Dec 31, 2024 0.75%
Sep 30, 2024 -5.61%
Sep 30, 2024 -5.61%
Jun 30, 2024 -0.41%
Jun 30, 2024 -0.41%
Mar 31, 2024 -0.46%
Mar 31, 2024 -0.46%
Dec 31, 2023 -1.17%
Dec 31, 2023 -1.17%