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

Opera Ltd is the larger business by last-quarter revenue ($142.7M vs $94.5M, roughly 1.5× ARDELYX, INC.). Opera Ltd runs the higher net margin — 12.8% vs -39.8%, a 52.6% gap on every dollar of revenue.

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.

Opera is a multinational technology corporation headquartered in Oslo, Norway, with additional offices in Europe, China, and Africa. Opera offers a range of products and services that include PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 296 million monthly active users.

ARDX vs OPRA — Head-to-Head

Bigger by revenue
OPRA
OPRA
1.5× larger
OPRA
$142.7M
$94.5M
ARDX
Higher net margin
OPRA
OPRA
52.6% more per $
OPRA
12.8%
-39.8%
ARDX

Income Statement — Q1 FY2026 vs Q1 FY2025

Metric
ARDX
ARDX
OPRA
OPRA
Revenue
$94.5M
$142.7M
Net Profit
$-37.6M
$18.3M
Gross Margin
Operating Margin
14.8%
Net Margin
-39.8%
12.8%
Revenue YoY
27.5%
Net Profit YoY
EPS (diluted)
$-0.15

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
OPRA
OPRA
Q1 26
$94.5M
Q4 25
$125.2M
Q3 25
$110.3M
Q2 25
$97.7M
Q1 25
$74.1M
$142.7M
Q4 24
$116.1M
Q3 24
$98.2M
Q2 24
$73.2M
$211.6M
Net Profit
ARDX
ARDX
OPRA
OPRA
Q1 26
$-37.6M
Q4 25
$-407.0K
Q3 25
$-969.0K
Q2 25
$-19.1M
Q1 25
$-41.1M
$18.3M
Q4 24
$4.6M
Q3 24
$-809.0K
Q2 24
$-16.5M
$34.1M
Gross Margin
ARDX
ARDX
OPRA
OPRA
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
OPRA
OPRA
Q1 26
Q4 25
4.1%
Q3 25
4.2%
Q2 25
-14.7%
Q1 25
-49.0%
14.8%
Q4 24
7.0%
Q3 24
2.3%
Q2 24
-18.6%
19.6%
Net Margin
ARDX
ARDX
OPRA
OPRA
Q1 26
-39.8%
Q4 25
-0.3%
Q3 25
-0.9%
Q2 25
-19.5%
Q1 25
-55.5%
12.8%
Q4 24
4.0%
Q3 24
-0.8%
Q2 24
-22.5%
16.1%
EPS (diluted)
ARDX
ARDX
OPRA
OPRA
Q1 26
$-0.15
Q4 25
$-0.01
Q3 25
$0.00
Q2 25
$-0.08
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
OPRA
OPRA
Cash + ST InvestmentsLiquidity on hand
$238.1M
Total DebtLower is stronger
$203.5M
Stockholders' EquityBook value
$148.6M
Total Assets
$504.5M
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
OPRA
OPRA
Q1 26
$238.1M
Q4 25
$68.0M
Q3 25
$42.7M
Q2 25
$90.0M
Q1 25
$30.8M
Q4 24
$64.9M
Q3 24
$47.4M
Q2 24
$41.9M
Total Debt
ARDX
ARDX
OPRA
OPRA
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
OPRA
OPRA
Q1 26
$148.6M
Q4 25
$166.9M
Q3 25
$154.3M
Q2 25
$139.5M
Q1 25
$145.7M
Q4 24
$173.3M
Q3 24
$158.3M
Q2 24
$147.0M
Total Assets
ARDX
ARDX
OPRA
OPRA
Q1 26
$504.5M
Q4 25
$501.6M
Q3 25
$486.2M
Q2 25
$466.8M
Q1 25
$410.2M
Q4 24
$435.8M
Q3 24
$367.9M
Q2 24
$343.5M
Debt / Equity
ARDX
ARDX
OPRA
OPRA
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%

OPRA
OPRA

Segment breakdown not available.

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