The Tip Desk

ARDELYX, INC.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$407.3$333.6$124.5$52.2$10.1
Operating income-$41.0-$27.9-$63.3-$63.8-$154.3
Net income-$61.6-$39.1-$66.1-$67.2-$158.2
Balance Sheet
Total debt——$52.5$28.9$33.0
Cash Flow Statement
Free cash flow-$44.0-$45.8-$90.1-$70.1-$154.4

Shares outstanding 247.0M · Free float 93.2%

Annual filing data through FY ended December 31, 2025; float as of August 29, 2026.

Coverage