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

ARDELYX, INC. is the larger business by last-quarter revenue ($94.5M vs $78.1M, roughly 1.2× Honest Company, Inc.). On growth, ARDELYX, INC. posted the faster year-over-year revenue change (27.5% vs -19.7%). Over the past eight quarters, ARDELYX, INC.'s revenue compounded faster (13.6% CAGR vs -8.4%).

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.

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...

ARDX vs HNST — Head-to-Head

Bigger by revenue
ARDX
ARDX
1.2× larger
ARDX
$94.5M
$78.1M
HNST
Growing faster (revenue YoY)
ARDX
ARDX
+47.2% gap
ARDX
27.5%
-19.7%
HNST
Faster 2-yr revenue CAGR
ARDX
ARDX
Annualised
ARDX
13.6%
-8.4%
HNST

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ARDX
ARDX
HNST
HNST
Revenue
$94.5M
$78.1M
Net Profit
$-37.6M
Gross Margin
42.6%
Operating Margin
56.6%
Net Margin
-39.8%
Revenue YoY
27.5%
-19.7%
Net Profit YoY
EPS (diluted)
$-0.15
$0.00

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
HNST
HNST
Q1 26
$94.5M
$78.1M
Q4 25
$125.2M
$88.0M
Q3 25
$110.3M
$92.6M
Q2 25
$97.7M
$93.5M
Q1 25
$74.1M
$97.3M
Q4 24
$116.1M
$99.8M
Q3 24
$98.2M
$99.2M
Q2 24
$73.2M
$93.0M
Net Profit
ARDX
ARDX
HNST
HNST
Q1 26
$-37.6M
Q4 25
$-407.0K
$-23.6M
Q3 25
$-969.0K
$758.0K
Q2 25
$-19.1M
$3.9M
Q1 25
$-41.1M
$3.3M
Q4 24
$4.6M
$-809.0K
Q3 24
$-809.0K
$165.0K
Q2 24
$-16.5M
$-4.1M
Gross Margin
ARDX
ARDX
HNST
HNST
Q1 26
42.6%
Q4 25
91.3%
15.7%
Q3 25
96.4%
37.3%
Q2 25
87.3%
40.4%
Q1 25
83.4%
38.7%
Q4 24
84.3%
38.8%
Q3 24
84.0%
38.7%
Q2 24
87.1%
38.3%
Operating Margin
ARDX
ARDX
HNST
HNST
Q1 26
56.6%
Q4 25
4.1%
-27.5%
Q3 25
4.2%
0.3%
Q2 25
-14.7%
3.1%
Q1 25
-49.0%
2.6%
Q4 24
7.0%
-1.0%
Q3 24
2.3%
0.1%
Q2 24
-18.6%
-4.3%
Net Margin
ARDX
ARDX
HNST
HNST
Q1 26
-39.8%
Q4 25
-0.3%
-26.8%
Q3 25
-0.9%
0.8%
Q2 25
-19.5%
4.1%
Q1 25
-55.5%
3.3%
Q4 24
4.0%
-0.8%
Q3 24
-0.8%
0.2%
Q2 24
-22.5%
-4.4%
EPS (diluted)
ARDX
ARDX
HNST
HNST
Q1 26
$-0.15
$0.00
Q4 25
$-0.01
$-0.21
Q3 25
$0.00
$0.01
Q2 25
$-0.08
$0.03
Q1 25
$-0.17
$0.03
Q4 24
$0.01
$-0.01
Q3 24
$0.00
$0.00
Q2 24
$-0.07
$-0.04

Balance Sheet & Financial Strength

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

Metric
ARDX
ARDX
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$238.1M
$90.4M
Total DebtLower is stronger
$203.5M
Stockholders' EquityBook value
$148.6M
$169.1M
Total Assets
$504.5M
$214.9M
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
HNST
HNST
Q1 26
$238.1M
$90.4M
Q4 25
$68.0M
$89.6M
Q3 25
$42.7M
$71.5M
Q2 25
$90.0M
$72.1M
Q1 25
$30.8M
$72.8M
Q4 24
$64.9M
$75.4M
Q3 24
$47.4M
$53.4M
Q2 24
$41.9M
$36.6M
Total Debt
ARDX
ARDX
HNST
HNST
Q1 26
$203.5M
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
HNST
HNST
Q1 26
$148.6M
$169.1M
Q4 25
$166.9M
$169.7M
Q3 25
$154.3M
$190.2M
Q2 25
$139.5M
$187.0M
Q1 25
$145.7M
$180.4M
Q4 24
$173.3M
$174.3M
Q3 24
$158.3M
$133.9M
Q2 24
$147.0M
$129.7M
Total Assets
ARDX
ARDX
HNST
HNST
Q1 26
$504.5M
$214.9M
Q4 25
$501.6M
$225.4M
Q3 25
$486.2M
$241.5M
Q2 25
$466.8M
$249.0M
Q1 25
$410.2M
$265.3M
Q4 24
$435.8M
$247.4M
Q3 24
$367.9M
$209.2M
Q2 24
$343.5M
$200.2M
Debt / Equity
ARDX
ARDX
HNST
HNST
Q1 26
1.37×
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$70.1M74%
XPHOZAH$23.3M25%
Non-cash royalty revenue related to the sale of future royalties$695.0K1%
Product supply revenue$354.0K0%

HNST
HNST

Segment breakdown not available.

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