Companies/Ardelyx, Inc.
Company profile

Ardelyx, Inc.

NASDAQ: ARDX · Healthcare · Biotechnology
PublicHQ Waltham, MA · MiddlesexCIK 0001437402Reports USD
#228 of 1,418 Healthcare companies by revenue68th-percentile growth
EA Score
68B
Revenue TTM
$427.7M
Rev growth YoY (TTM)
+18.2%
Net income (FY)
-$61.6M
Employees
489
as of 2026-08-10
Market cap
$988.1M
as of 2026-08-10

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$407.3M$407.3M2025
Net income-$61.6M-$61.6M2025
Operating income-$41.0M-$41.0M2025
Total assets$501.6M$501.6M2025
Liabilities$334.7M$334.7M2025
Equity$166.9M$166.9M2025

Revenue trend

FY2020 – FY2025 · USD
FY20
FY20
FY20
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Product57%
Product, IBSRELA42%
License1%
By geography
UNITED STATES93%
Asia Pacific7%
North America0%
The read

What is Ardelyx, Inc.’s revenue?

Ardelyx, Inc. booked $407.3M in FY2025 revenue, growing 22% year over yearfaster than most Healthcare companies we track, at a -15.1% net margin.

Key facts
CEOMichael G. Raab
SectorHealthcare
IndustryBiotechnology
HeadquartersWaltham, MA
ExchangeNASDAQ: ARDX
Employees489
IPO date2014-06-19
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.