10-QPharmaceutical Preparations

ARDELYX, INC.

ARDX · Period ending 2026-03-31 · Filed 2026-04-30

Valuation

Pharmaceutical Preparations
Live · Yahoo Finance

Price

$5.54

52-Week Range

$3.49$5.54 now$8.40

Decision Context

Scores are balanced across the six engines. No single dimension dominates — this is consistent with a stable, mid-tier quality business.

Based on filing period ending Mar 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

ARDX vs

Macro Context

Fed Funds Rate

3.64%

Accommodative

10-Year Treasury

4.32%

2026-04-01

Unemployment

4.3%

Near full employment

CPI Index

332.4

2026-04-01

M2 Money Supply

$22.8T

2026-04-01

The Federal Funds rate stands at 3.64% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.32%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 102.5; M2 money supply is $22.8T; CPI index stands at 332.4.

SWOT Analysis — ARDX

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

Strengths

  • Gross Profit: $4.7M (+118.6% YoY) — Gross profit rose 119% — the spread between revenue and direct costs improved.

  • Total Assets: $501.6M (+15.1% YoY) — Total assets grew 15% — the company's resource base expanded.

Weaknesses

  • Revenue: $2.6M (-93.8% YoY) — Revenue fell 94% — the company generated less from its core operations.

  • Net Income: -$61.6M (-57.4% YoY) — The company posted a net loss — total expenses exceeded total revenue.

  • EPS (Diluted): $-0.26 (-52.9% YoY) — Negative EPS — the company recorded a loss on a per-share basis.

  • R&D spending is 2744% of revenue — heavy investment in future growth, but also a drag on current profitability.

Opportunities

No clear opportunities identified at this time.

Threats

  • Revenue fell 94% year-over-year — a sharp decline that signals the business is contracting significantly.

  • Net loss of $61.6M — the company spent more than it earned. Investors should monitor the path to profitability.

  • Negative operating cash flow of $42.5M — the core business consumed more cash than it generated.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

Gross Profit

$4.7M

was $2.1M

+118.6%

Gross profit rose 119% — the spread between revenue and direct costs improved.

Revenue

$2.6M

was $42.0M

−93.8%

Revenue fell 94% — the company generated less from its core operations.

Net Income

-$61.6M

was -$39.1M

−57.4%

The company posted a net loss — total expenses exceeded total revenue.

EPS (Diluted)

$-0.26

was $-0.17

−52.9%

Negative EPS — the company recorded a loss on a per-share basis.

Total Assets

$501.6M

was $435.8M

+15.1%

Total assets grew 15% — the company's resource base expanded.

Risk Flags

3 high · 0 medium · 1 low
  • High

    Revenue fell 94% year-over-year — a sharp decline that signals the business is contracting significantly.

  • High

    Net loss of $61.6M — the company spent more than it earned. Investors should monitor the path to profitability.

  • High

    Negative operating cash flow of $42.5M — the core business consumed more cash than it generated.

  • Low

    R&D spending is 2744% of revenue — heavy investment in future growth, but also a drag on current profitability.

Price History

Technical Signals

Daily closes · 1-year data

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Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.