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| Date | Value |
|---|---|
| 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% |