earnings
confidence high
sentiment positive
materiality 0.75
Ardelyx Q1 revenue $93.4M (+38% YoY); IBSRELA revenue $70.1M (+58% YoY)
ARDELYX, INC.
2026-Q1 EPS reported
-$0.15
revenue$94,473,000
- Net loss $37.6M ($0.15/sh) vs $41.1M ($0.17/sh) Q1 2025; share-based comp $14.2M.
- Cash & investments $238.1M as of Mar 31, 2026; reiterated FY 2026 IBSRELA guidance $410-430M.
- IBSRELA Phase 3 CIC trial (ACCEL) enrolling; topline data expected H2 2027.
- Appointed Rajani Dinavahi, M.D. as CMO and Felecia Ettenberg, Esq. as CLO in April.
- Refinanced debt with SLR Investment Corp for better terms; Morgan Stanley advised.