ARDELYX, INC.
Company Stats
- Market Cap
- $852.2M
- as of Sep 30, 2026
- Shares Outstanding
- 249.2M
- Free Float
- 93.2%
Income Statement
- Revenue
- $407.3M
- Operating Income
- -$41.0M
- Net Income
- -$61.6M
- EBITDA
- -$37.9M
- Revenue Growth, 3Y
- 98.4%
- FCF Margin, 3Y Avg
- -32.3%
- FCF Margin, Worst Year
- -72.4%
Cash Flow
- Free Cash Flow
- -$44.0M
- FCF Yield
- -5.2%
- Owner FCF Yield
- -10.9%
Balance Sheet
- Cash & Equivalents
- $68.0M
Returns & Capital
- SBC, 3Y Avg
- $33.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $407.3M | -$44.0M | -10.8% |
| FY2024 | $333.6M | -$45.8M | -13.7% |
| FY2023 | $124.5M | -$90.1M | -72.4% |
| FY2022 | $52.2M | -$70.1M | -134.4% |
| FY2021 | $10.1M | -$154.4M | -1529.3% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 30, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Healthcare Earnings: Demand Surges, Costs Bite Back