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ARDX

Ardelyx, Inc.

Ardelyx (ARDX) Q2 2026 earnings

Published Aug 6, 2026

AI summary

  • Revenue $118M, up 31% from $90.1M a year ago.
  • GAAP EPS −$0.07, up from −$0.08 a year ago.
  • Ardelyx reported total product revenue of $118.1 million for the second quarter, a 31% increase year-over-year.
  • IBSRELA revenue grew 33% to $86.2 million, while XPHOZAH revenue rose 27% to $31.9 million.
  • The company narrowed its net loss to $16.7 million, or $0.07 per share, compared to $19.1 million a year ago.

Results vs analyst consensus

Revenue

Reported

$118M

Consensus not captured before release

+31% YoY

EPS · GAAP

Reported · GAAP diluted EPS

−$0.07

Consensus not captured before release

Prior year: −$0.08

Consensus: Yahoo Finance · Q2 2026
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • Increased utilization management processes from payors are negatively impacting IBSRELA revenue growth.
  • The company pulled its long-term revenue guidance for XPHOZAH due to evolving market dynamics.
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Source: Ardelyx, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.