Ardelyx (ARDX) Tax Rate (2017 - 2024)
Ardelyx's Tax Rate came in at -0.66% for Q2 2026, down 0.66 percentage points from -0.01% a year earlier and down 0.64 percentage points from the prior quarter.
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Analysis
Ardelyx (ARDX) Tax Rate (2017 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ardelyx reported Tax Rate of -0.41%, up 1.28 percentage points year-over-year; for FY2025, it was -1.60%, down 0.91 percentage points from FY2024.
- Tax Rate carries a five-year change of -1.60 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -0.68% in FY2024 (+0.15 pp), -0.83% in FY2023 (-0.82 pp), -0.01% in FY2022 (-0.01 pp) and 0.00% in FY2021 (unchanged).
- The five-year range for quarterly Tax Rate is -11.76% (Q3 2025) to 2.93% (Q3 2023).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -1.89 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2026 (a gain of 2.11 percentage points), and the weakest in Q3 2024 (a drop of 8.54 percentage points).
- Business Quant data shows ARDX's Tax Rate at -0.02% (Q1 2026), -1.75% (Q4 2025) and -11.76% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | - |
| 10 | Ardelyx | 778.63 Mn | -248.66 Mn | 115.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.75% |
| Sep 30, 2023 | 2.93% |
| Dec 31, 2017 | 10.44% |
API Access
Ardelyx Tax Rate 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=tax-rate&ticker=ARDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ARDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();