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

ARDELYX, INC. is the larger business by last-quarter revenue ($125.2M vs $119.9M, roughly 1.0× GDEV Inc.). On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 7.8%).

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.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

ARDX vs GDEV — Head-to-Head

Bigger by revenue
ARDX
ARDX
1.0× larger
ARDX
$125.2M
$119.9M
GDEV
Growing faster (revenue YoY)
GDEV
GDEV
+5.5% gap
GDEV
13.3%
7.8%
ARDX

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
ARDX
ARDX
GDEV
GDEV
Revenue
$125.2M
$119.9M
Net Profit
$16.6M
Gross Margin
Operating Margin
15.5%
Net Margin
13.9%
Revenue YoY
7.8%
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$0.00
$0.90

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
GDEV
GDEV
Q1 26
$125.2M
Q4 25
$125.2M
Q3 25
$110.3M
Q2 25
$97.7M
$119.9M
Q1 25
$74.1M
Q4 24
$116.1M
Q3 24
$98.2M
Q2 24
$73.2M
$105.8M
Net Profit
ARDX
ARDX
GDEV
GDEV
Q1 26
Q4 25
$-407.0K
Q3 25
$-969.0K
Q2 25
$-19.1M
$16.6M
Q1 25
$-41.1M
Q4 24
$4.6M
Q3 24
$-809.0K
Q2 24
$-16.5M
$14.7M
Gross Margin
ARDX
ARDX
GDEV
GDEV
Q1 26
Q4 25
91.3%
Q3 25
96.4%
Q2 25
87.3%
Q1 25
83.4%
Q4 24
84.3%
Q3 24
84.0%
Q2 24
87.1%
Operating Margin
ARDX
ARDX
GDEV
GDEV
Q1 26
Q4 25
4.1%
Q3 25
4.2%
Q2 25
-14.7%
15.5%
Q1 25
-49.0%
Q4 24
7.0%
Q3 24
2.3%
Q2 24
-18.6%
14.4%
Net Margin
ARDX
ARDX
GDEV
GDEV
Q1 26
Q4 25
-0.3%
Q3 25
-0.9%
Q2 25
-19.5%
13.9%
Q1 25
-55.5%
Q4 24
4.0%
Q3 24
-0.8%
Q2 24
-22.5%
13.9%
EPS (diluted)
ARDX
ARDX
GDEV
GDEV
Q1 26
$0.00
Q4 25
$-0.01
Q3 25
$0.00
Q2 25
$-0.08
$0.90
Q1 25
$-0.17
Q4 24
$0.01
Q3 24
$0.00
Q2 24
$-0.07
$0.81

Balance Sheet & Financial Strength

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

Metric
ARDX
ARDX
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$264.7M
$41.6M
Total DebtLower is stronger
$202.8M
Stockholders' EquityBook value
$166.9M
$-129.4M
Total Assets
$501.6M
$210.2M
Debt / EquityLower = less leverage
1.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
GDEV
GDEV
Q1 26
$264.7M
Q4 25
$68.0M
Q3 25
$42.7M
Q2 25
$90.0M
$41.6M
Q1 25
$30.8M
Q4 24
$64.9M
Q3 24
$47.4M
Q2 24
$41.9M
$50.8M
Total Debt
ARDX
ARDX
GDEV
GDEV
Q1 26
$202.8M
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
Stockholders' Equity
ARDX
ARDX
GDEV
GDEV
Q1 26
$166.9M
Q4 25
$166.9M
Q3 25
$154.3M
Q2 25
$139.5M
$-129.4M
Q1 25
$145.7M
Q4 24
$173.3M
Q3 24
$158.3M
Q2 24
$147.0M
$-118.7M
Total Assets
ARDX
ARDX
GDEV
GDEV
Q1 26
$501.6M
Q4 25
$501.6M
Q3 25
$486.2M
Q2 25
$466.8M
$210.2M
Q1 25
$410.2M
Q4 24
$435.8M
Q3 24
$367.9M
Q2 24
$343.5M
$282.8M
Debt / Equity
ARDX
ARDX
GDEV
GDEV
Q1 26
1.21×
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDX
ARDX

IBSRELA$86.6M69%
XPHOZAH$27.8M22%
Product supply revenue$9.4M8%
Non-cash royalty revenue related to the sale of future royalties$1.4M1%
Licensing revenue$23.0K0%

GDEV
GDEV

Segment breakdown not available.

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