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