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Ardelyx, Inc. (ARDX) stock

ARDXNasdaqPharmaceutical PreparationsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 9/3059% below fair value
$3.09−0.03 (-0.96%)

Close on Nov 13, 2026Market cap $769.99MP/E –Yield –

Ardelyx r&d expenses

Research and development expenses are spending on new products and technology.

Ardelyx's R&D Expenses for the twelve months ending Jun 30, 2026 was $87.21M, up 46.4% year over year. For fiscal 2025 it was $71.53M, up 36.7% from the year before. Over ten years it grew 6.0% a year on average. The highest annual figure on record is $94.16M in fiscal 2016.

Annual r&d expenses

PeriodPeriod endValueChange
FY2025Dec 31, 2025$71.53M+36.7%
FY2024Dec 31, 2024$52.32M+47.2%
FY2023Dec 31, 2023$35.54M+1.0%
FY2022Dec 31, 2022$35.20M-61.4%
FY2021Dec 31, 2021$91.14M+40.1%
FY2020Dec 31, 2020$65.05M-9.2%
FY2019Dec 31, 2019$71.68M+3.3%
FY2018Dec 31, 2018$69.37M-8.1%
FY2017Dec 31, 2017$75.48M-19.8%
FY2016Dec 31, 2016$94.16M+136.1%
FY2015Dec 31, 2015$39.89M+54.0%
FY2014Dec 31, 2014$25.90M-7.8%
FY2013Dec 31, 2013$28.09M+175.9%
FY2012Dec 31, 2012$10.18M–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange
Q2 FY2026Jun 30, 2026$26.10M+66.6%
Q1 FY2026Mar 31, 2026$20.19M+35.1%
Q4 FY2025Dec 31, 2025$22.86M+67.2%
Q3 FY2025Sep 30, 2025$18.07M+18.0%
Q2 FY2025Jun 30, 2025$15.67M+22.8%
Q1 FY2025Mar 31, 2025$14.94M+41.2%
Q4 FY2024Dec 31, 2024$13.67M+43.5%
Q3 FY2024Sep 30, 2024$15.31M+77.3%
Q2 FY2024Jun 30, 2024$12.76M+54.1%
Q1 FY2024Mar 31, 2024$10.58M+16.3%
Q4 FY2023Dec 31, 2023$9.52M+4.2%
Q3 FY2023Sep 30, 2023$8.64M+15.7%
Q2 FY2023Jun 30, 2023$8.28M-15.0%
Q1 FY2023Mar 31, 2023$9.09M+2.7%
Q4 FY2022Dec 31, 2022$9.14M-56.4%
Q3 FY2022Sep 30, 2022$7.47M-68.5%
Q2 FY2022Jun 30, 2022$9.74M-62.6%
Q1 FY2022Mar 31, 2022$8.85M-56.7%
Q4 FY2021Dec 31, 2021$20.97M+15.8%
Q3 FY2021Sep 30, 2021$23.70M+93.6%
Q2 FY2021Jun 30, 2021$26.02M+37.9%
Q1 FY2021Mar 31, 2021$20.46M+29.1%
Q4 FY2020Dec 31, 2020$18.11M+27.1%
Q3 FY2020Sep 30, 2020$12.24M-30.4%
Q2 FY2020Jun 30, 2020$18.86M-3.1%
Q1 FY2020Mar 31, 2020$15.84M-22.3%
Q4 FY2019Dec 31, 2019$14.24M-35.4%
Q3 FY2019Sep 30, 2019$17.58M-2.0%
Q2 FY2019Jun 30, 2019$19.48M+21.4%
Q1 FY2019Mar 31, 2019$20.38M+52.7%
Q4 FY2018Dec 31, 2018$22.04M+28.4%
Q3 FY2018Sep 30, 2018$17.94M+16.8%
Q2 FY2018Jun 30, 2018$16.05M-22.0%
Q1 FY2018Mar 31, 2018$13.35M-40.4%
Q4 FY2017Dec 31, 2017$17.16M-34.5%
Q3 FY2017Sep 30, 2017$15.37M-38.2%
Q2 FY2017Jun 30, 2017$20.57M–
Q1 FY2017Mar 31, 2017$22.39M–
Q4 FY2016Dec 31, 2016$26.21M–
Q3 FY2016Sep 30, 2016$24.86M–

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