Ardelyx (ARDX) Tax Rate (2013 - 2026)

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

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

Ardelyx's Tax Rate history runs 13 years deep, the most recent figure standing at 0.02% for Q1 2026.

  • Quarterly Tax Rate rose 211.0% year-over-year to 0.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.2% (up 170.0% YoY) and the FY2025 annual result came in at 1.6%, down 91.0% from the prior year.
  • Tax Rate was 0.02% for Q1 2026 at Ardelyx, up from 1.75% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.93% in Q3 2023 and bottomed at 11.76% in Q3 2025.
  • A 5-year average of 1.41% and a median of 0.23% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate plunged 854 bps — and 2026, when it soared 211 bps.
  • Ardelyx's Tax Rate stood at 0.02% in 2022, then tumbled by 5150 bps to 1.17% in 2023, then surged by 164 bps to 0.75% in 2024, then plunged by 334 bps to 1.75% in 2025, then soared by 99 bps to 0.02% in 2026.
  • Business Quant data shows ARDX's Tax Rate at 0.02% in Q1 2026, 1.75% in Q4 2025, and 11.76% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Ardelyx 1.24 Bn 999.81 Mn 89.66 Mn -0.02

Historic Data

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