GPGrossPatternRESEARCH SYSTEM
SEC CHECK OPERATIONAL
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

ARDX · Dec 31, 2025

ARDELYX, INC.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration

State dimensions

Filing0001437402-26-000013General Corporate
Debt relative to revenue15thOwn-history percentile · N=20
Evidence method

Level · gp.fundamentals.debt_to_revenue

49.80% · OPTIONAL · VALID

Capex intensity60thOwn-history percentile · N=20
Evidence method

Level · gp.fundamentals.capex_revenue_ratio

0.37% · OPTIONAL · VALID

Operating cash generation90thOwn-history percentile · N=20
Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

-10.43% · OPTIONAL · VALID

Revenue growth20thOwn-history percentile · N=20
Evidence method

Yoy · gp.fundamentals.revenue

22.09% · CORE · VALID

Inventory pressure7thOwn-history percentile · N=15
Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

30.22% · OPTIONAL · VALID

Operating margin80thOwn-history percentile · N=20
Evidence method

Level · gp.fundamentals.operating_margin

-10.06% · CORE · VALID

R&D intensity30thOwn-history percentile · N=20
Evidence method

Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue

17.56% · OPTIONAL · VALID

SBC intensity30thOwn-history percentile · N=20
Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

12.02% · OPTIONAL · VALID

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History32 statesSelf-history eligible
Sep 30, 20217/7 normalizedLevel 3Dec 31, 20217/7 normalizedLevel 3Mar 31, 20227/8 normalizedLevel 3Jun 30, 20227/8 normalizedLevel 3Sep 30, 20227/8 normalizedLevel 3Dec 31, 20227/8 normalizedLevel 3Mar 31, 20237/8 normalizedLevel 3Jun 30, 20237/8 normalizedLevel 3Sep 30, 20237/8 normalizedLevel 3Dec 31, 20237/8 normalizedLevel 3Mar 31, 20248/8 normalizedLevel 3Jun 30, 20248/8 normalizedLevel 3Sep 30, 20248/8 normalizedLevel 3Dec 31, 20248/8 normalizedLevel 3Mar 31, 20258/8 normalizedLevel 3Jun 30, 20258/8 normalizedLevel 3Sep 30, 20258/8 normalizedLevel 3Dec 31, 20258/8 normalizedLevel 3Mar 31, 20268/8 normalizedLevel 3Jun 30, 20268/8 normalizedLevel 4
Period transition

What moved in the state?

Balance Sheet Leverage Decreased
Previous
183.21%
Current
49.80%
Delta
-133.42%
Capex Intensity Increased
Previous
0.14%
Current
0.37%
Delta
0.22%
Cash Generation Decreased
Previous
0.33%
Current
-10.43%
Delta
-10.76%
Growth Increased
Previous
12.30%
Current
22.09%
Delta
9.79%
Inventory Pressure Decreased
Previous
117.25%
Current
30.22%
Delta
-87.02%
Profitability Decreased
Previous
4.23%
Current
-10.06%
Delta
-14.29%
R And D Intensity Increased
Previous
16.38%
Current
17.56%
Delta
1.18%
Sbc Intensity Increased
Previous
11.55%
Current
12.02%
Delta
0.47%
Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.
Research Graph

Related governed research

Transitioned To · ARDX Fundamental State →Transitioned To · ARDX Fundamental State →Transitioned To · ARDX BALANCE_SHEET_LEVERAGE_DECREASED →Transitioned To · ARDX CAPEX_INTENSITY_INCREASED →Transitioned To · ARDX CASH_GENERATION_DECREASED →Transitioned To · ARDX GROWTH_INCREASED →Transitioned To · ARDX INVENTORY_PRESSURE_DECREASED →Transitioned To · ARDX PROFITABILITY_DECREASED →Transitioned To · ARDX R_AND_D_INTENSITY_INCREASED →Transitioned To · ARDX SBC_INTENSITY_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.