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Side-by-side financial comparison of ARDELYX, INC. (ARDX) and DoubleVerify Holdings, Inc. (DV). Click either name above to swap in a different company.

DoubleVerify Holdings, Inc. is the larger business by last-quarter revenue ($205.6M vs $125.2M, roughly 1.6× ARDELYX, INC.). DoubleVerify Holdings, Inc. runs the higher net margin — 14.3% vs -0.3%, a 14.6% gap on every dollar of revenue. On growth, DoubleVerify Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 7.8%). DoubleVerify Holdings, Inc. produced more free cash flow last quarter ($62.1M vs $20.6M). Over the past eight quarters, ARDELYX, INC.'s revenue compounded faster (64.9% CAGR vs 20.8%).

Ardelyx, Inc. is a commercial-stage biopharmaceutical firm developing and commercializing innovative therapies for gastrointestinal, cardiorenal and metabolic diseases with high unmet medical needs. Its lead product is approved in the US for irritable bowel syndrome with constipation, and it holds a robust pipeline of early and late-stage drug candidates.

Double Vision is a Malaysian production studio. Established in 1985, it has production hubs in Malaysia and Indonesia. Double Vision produces over 1,400 hours of television programming per year in various languages and genres for the regional market. It also houses international entertainment TV network, Channel [V], in its studios.

ARDX vs DV — Head-to-Head

Bigger by revenue
DV
DV
1.6× larger
DV
$205.6M
$125.2M
ARDX
Growing faster (revenue YoY)
DV
DV
+0.0% gap
DV
7.9%
7.8%
ARDX
Higher net margin
DV
DV
14.6% more per $
DV
14.3%
-0.3%
ARDX
More free cash flow
DV
DV
$41.6M more FCF
DV
$62.1M
$20.6M
ARDX
Faster 2-yr revenue CAGR
ARDX
ARDX
Annualised
ARDX
64.9%
20.8%
DV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDX
ARDX
DV
DV
Revenue
$125.2M
$205.6M
Net Profit
$-407.0K
$29.3M
Gross Margin
91.3%
82.5%
Operating Margin
4.1%
18.4%
Net Margin
-0.3%
14.3%
Revenue YoY
7.8%
7.9%
Net Profit YoY
-108.8%
25.3%
EPS (diluted)
$-0.01
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARDX
ARDX
DV
DV
Q4 25
$125.2M
$205.6M
Q3 25
$110.3M
$188.6M
Q2 25
$97.7M
$189.0M
Q1 25
$74.1M
$165.1M
Q4 24
$116.1M
$190.6M
Q3 24
$98.2M
$169.6M
Q2 24
$73.2M
$155.9M
Q1 24
$46.0M
$140.8M
Net Profit
ARDX
ARDX
DV
DV
Q4 25
$-407.0K
$29.3M
Q3 25
$-969.0K
$10.2M
Q2 25
$-19.1M
$8.8M
Q1 25
$-41.1M
$2.4M
Q4 24
$4.6M
$23.4M
Q3 24
$-809.0K
$18.2M
Q2 24
$-16.5M
$7.5M
Q1 24
$-26.5M
$7.2M
Gross Margin
ARDX
ARDX
DV
DV
Q4 25
91.3%
82.5%
Q3 25
96.4%
82.3%
Q2 25
87.3%
82.5%
Q1 25
83.4%
81.2%
Q4 24
84.3%
82.0%
Q3 24
84.0%
82.6%
Q2 24
87.1%
83.3%
Q1 24
84.5%
81.1%
Operating Margin
ARDX
ARDX
DV
DV
Q4 25
4.1%
18.4%
Q3 25
4.2%
11.2%
Q2 25
-14.7%
7.2%
Q1 25
-49.0%
4.1%
Q4 24
7.0%
20.3%
Q3 24
2.3%
15.2%
Q2 24
-18.6%
7.1%
Q1 24
-53.6%
4.9%
Net Margin
ARDX
ARDX
DV
DV
Q4 25
-0.3%
14.3%
Q3 25
-0.9%
5.4%
Q2 25
-19.5%
4.6%
Q1 25
-55.5%
1.4%
Q4 24
4.0%
12.3%
Q3 24
-0.8%
10.7%
Q2 24
-22.5%
4.8%
Q1 24
-57.6%
5.1%
EPS (diluted)
ARDX
ARDX
DV
DV
Q4 25
$-0.01
$0.18
Q3 25
$0.00
$0.06
Q2 25
$-0.08
$0.05
Q1 25
$-0.17
$0.01
Q4 24
$0.01
$0.14
Q3 24
$0.00
$0.10
Q2 24
$-0.07
$0.04
Q1 24
$-0.11
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDX
ARDX
DV
DV
Cash + ST InvestmentsLiquidity on hand
$68.0M
$259.0M
Total DebtLower is stronger
$202.8M
Stockholders' EquityBook value
$166.9M
$1.1B
Total Assets
$501.6M
$1.4B
Debt / EquityLower = less leverage
1.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
DV
DV
Q4 25
$68.0M
$259.0M
Q3 25
$42.7M
$200.7M
Q2 25
$90.0M
$216.8M
Q1 25
$30.8M
$174.3M
Q4 24
$64.9M
$310.6M
Q3 24
$47.4M
$362.6M
Q2 24
$41.9M
$338.8M
Q1 24
$36.1M
$334.3M
Total Debt
ARDX
ARDX
DV
DV
Q4 25
$202.8M
Q3 25
$202.1M
Q2 25
$201.4M
Q1 25
$151.3M
Q4 24
$150.9M
Q3 24
$100.7M
Q2 24
$100.2M
Q1 24
$99.8M
Stockholders' Equity
ARDX
ARDX
DV
DV
Q4 25
$166.9M
$1.1B
Q3 25
$154.3M
$1.1B
Q2 25
$139.5M
$1.1B
Q1 25
$145.7M
$1.0B
Q4 24
$173.3M
$1.1B
Q3 24
$158.3M
$1.1B
Q2 24
$147.0M
$1.1B
Q1 24
$150.9M
$1.1B
Total Assets
ARDX
ARDX
DV
DV
Q4 25
$501.6M
$1.4B
Q3 25
$486.2M
$1.3B
Q2 25
$466.8M
$1.3B
Q1 25
$410.2M
$1.2B
Q4 24
$435.8M
$1.3B
Q3 24
$367.9M
$1.3B
Q2 24
$343.5M
$1.3B
Q1 24
$342.4M
$1.3B
Debt / Equity
ARDX
ARDX
DV
DV
Q4 25
1.21×
Q3 25
1.31×
Q2 25
1.44×
Q1 25
1.04×
Q4 24
0.87×
Q3 24
0.64×
Q2 24
0.68×
Q1 24
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARDX
ARDX
DV
DV
Operating Cash FlowLast quarter
$21.0M
$72.7M
Free Cash FlowOCF − Capex
$20.6M
$62.1M
FCF MarginFCF / Revenue
16.4%
30.2%
Capex IntensityCapex / Revenue
0.3%
5.1%
Cash ConversionOCF / Net Profit
2.48×
TTM Free Cash FlowTrailing 4 quarters
$-44.0M
$172.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDX
ARDX
DV
DV
Q4 25
$21.0M
$72.7M
Q3 25
$365.0K
$51.2M
Q2 25
$-25.3M
$49.6M
Q1 25
$-38.5M
$37.7M
Q4 24
$9.8M
$37.4M
Q3 24
$501.0K
$54.6M
Q2 24
$-19.4M
$35.9M
Q1 24
$-35.7M
$31.8M
Free Cash Flow
ARDX
ARDX
DV
DV
Q4 25
$20.6M
$62.1M
Q3 25
$209.0K
$39.0M
Q2 25
$-26.0M
$40.1M
Q1 25
$-38.8M
$31.4M
Q4 24
$9.2M
$30.0M
Q3 24
$364.0K
$48.4M
Q2 24
$-19.5M
$28.7M
Q1 24
$-35.9M
$25.4M
FCF Margin
ARDX
ARDX
DV
DV
Q4 25
16.4%
30.2%
Q3 25
0.2%
20.7%
Q2 25
-26.6%
21.2%
Q1 25
-52.3%
19.0%
Q4 24
7.9%
15.8%
Q3 24
0.4%
28.5%
Q2 24
-26.7%
18.4%
Q1 24
-77.9%
18.0%
Capex Intensity
ARDX
ARDX
DV
DV
Q4 25
0.3%
5.1%
Q3 25
0.1%
6.4%
Q2 25
0.7%
5.0%
Q1 25
0.4%
3.8%
Q4 24
0.5%
3.9%
Q3 24
0.1%
3.7%
Q2 24
0.2%
4.6%
Q1 24
0.3%
4.5%
Cash Conversion
ARDX
ARDX
DV
DV
Q4 25
2.48×
Q3 25
5.02×
Q2 25
5.66×
Q1 25
15.95×
Q4 24
2.11×
1.60×
Q3 24
3.00×
Q2 24
4.80×
Q1 24
4.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARDX
ARDX

Product IBSRELA$86.6M69%
Product XPHOZAH$27.8M22%
Other$10.8M9%
Non Cash Royalty Related To Sale Of Future Royalties$1.4M1%

DV
DV

Activation$116.5M57%
Measurement$69.6M34%
Supply Side$19.5M9%

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