vs

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

ARDELYX, INC. is the larger business by last-quarter revenue ($94.5M vs $73.7M, roughly 1.3× MNTN, Inc.). MNTN, Inc. runs the higher net margin — 11.9% vs -39.8%, a 51.7% gap on every dollar of revenue. On growth, ARDELYX, INC. posted the faster year-over-year revenue change (27.5% vs 14.2%).

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.

MNTN Inc. is a U.S.-headquartered advertising technology firm specializing in performance-driven connected TV (CTV) advertising solutions. It serves e-commerce, retail, and consumer goods brands, helping clients accurately measure ad campaign ROI and reach targeted audiences across streaming TV platforms in North American and European markets.

ARDX vs MNTN — Head-to-Head

Bigger by revenue
ARDX
ARDX
1.3× larger
ARDX
$94.5M
$73.7M
MNTN
Growing faster (revenue YoY)
ARDX
ARDX
+13.3% gap
ARDX
27.5%
14.2%
MNTN
Higher net margin
MNTN
MNTN
51.7% more per $
MNTN
11.9%
-39.8%
ARDX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ARDX
ARDX
MNTN
MNTN
Revenue
$94.5M
$73.7M
Net Profit
$-37.6M
$8.8M
Gross Margin
2748.6%
Operating Margin
31.5%
Net Margin
-39.8%
11.9%
Revenue YoY
27.5%
14.2%
Net Profit YoY
141.5%
EPS (diluted)
$-0.15
$0.11

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
MNTN
MNTN
Q1 26
$94.5M
$73.7M
Q4 25
$125.2M
Q3 25
$110.3M
$70.0M
Q2 25
$97.7M
$68.5M
Q1 25
$74.1M
Q4 24
$116.1M
Q3 24
$98.2M
Q2 24
$73.2M
Net Profit
ARDX
ARDX
MNTN
MNTN
Q1 26
$-37.6M
$8.8M
Q4 25
$-407.0K
Q3 25
$-969.0K
$6.4M
Q2 25
$-19.1M
$-26.2M
Q1 25
$-41.1M
Q4 24
$4.6M
Q3 24
$-809.0K
Q2 24
$-16.5M
Gross Margin
ARDX
ARDX
MNTN
MNTN
Q1 26
2748.6%
Q4 25
91.3%
Q3 25
96.4%
78.9%
Q2 25
87.3%
76.8%
Q1 25
83.4%
Q4 24
84.3%
Q3 24
84.0%
Q2 24
87.1%
Operating Margin
ARDX
ARDX
MNTN
MNTN
Q1 26
31.5%
Q4 25
4.1%
Q3 25
4.2%
10.8%
Q2 25
-14.7%
5.4%
Q1 25
-49.0%
Q4 24
7.0%
Q3 24
2.3%
Q2 24
-18.6%
Net Margin
ARDX
ARDX
MNTN
MNTN
Q1 26
-39.8%
11.9%
Q4 25
-0.3%
Q3 25
-0.9%
9.2%
Q2 25
-19.5%
-38.3%
Q1 25
-55.5%
Q4 24
4.0%
Q3 24
-0.8%
Q2 24
-22.5%
EPS (diluted)
ARDX
ARDX
MNTN
MNTN
Q1 26
$-0.15
$0.11
Q4 25
$-0.01
Q3 25
$0.00
$0.08
Q2 25
$-0.08
$-0.65
Q1 25
$-0.17
Q4 24
$0.01
Q3 24
$0.00
Q2 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
ARDX
ARDX
MNTN
MNTN
Cash + ST InvestmentsLiquidity on hand
$238.1M
$213.9M
Total DebtLower is stronger
$203.5M
Stockholders' EquityBook value
$148.6M
$318.6M
Total Assets
$504.5M
$375.1M
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
MNTN
MNTN
Q1 26
$238.1M
$213.9M
Q4 25
$68.0M
Q3 25
$42.7M
$179.2M
Q2 25
$90.0M
$175.2M
Q1 25
$30.8M
Q4 24
$64.9M
Q3 24
$47.4M
Q2 24
$41.9M
Total Debt
ARDX
ARDX
MNTN
MNTN
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
MNTN
MNTN
Q1 26
$148.6M
$318.6M
Q4 25
$166.9M
Q3 25
$154.3M
$266.7M
Q2 25
$139.5M
$238.9M
Q1 25
$145.7M
Q4 24
$173.3M
Q3 24
$158.3M
Q2 24
$147.0M
Total Assets
ARDX
ARDX
MNTN
MNTN
Q1 26
$504.5M
$375.1M
Q4 25
$501.6M
Q3 25
$486.2M
$335.9M
Q2 25
$466.8M
$337.0M
Q1 25
$410.2M
Q4 24
$435.8M
Q3 24
$367.9M
Q2 24
$343.5M
Debt / Equity
ARDX
ARDX
MNTN
MNTN
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×

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
MNTN
MNTN
Operating Cash FlowLast quarter
$7.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDX
ARDX
MNTN
MNTN
Q1 26
$7.1M
Q4 25
$21.0M
Q3 25
$365.0K
$9.3M
Q2 25
$-25.3M
$17.6M
Q1 25
$-38.5M
Q4 24
$9.8M
Q3 24
$501.0K
Q2 24
$-19.4M
Free Cash Flow
ARDX
ARDX
MNTN
MNTN
Q1 26
Q4 25
$20.6M
Q3 25
$209.0K
Q2 25
$-26.0M
Q1 25
$-38.8M
Q4 24
$9.2M
Q3 24
$364.0K
Q2 24
$-19.5M
FCF Margin
ARDX
ARDX
MNTN
MNTN
Q1 26
Q4 25
16.4%
Q3 25
0.2%
Q2 25
-26.6%
Q1 25
-52.3%
Q4 24
7.9%
Q3 24
0.4%
Q2 24
-26.7%
Capex Intensity
ARDX
ARDX
MNTN
MNTN
Q1 26
Q4 25
0.3%
Q3 25
0.1%
Q2 25
0.7%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.2%
Cash Conversion
ARDX
ARDX
MNTN
MNTN
Q1 26
0.81×
Q4 25
Q3 25
1.45×
Q2 25
Q1 25
Q4 24
2.11×
Q3 24
Q2 24

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%

MNTN
MNTN

Segment breakdown not available.

Related Comparisons