vs
Side-by-side financial comparison of ARDELYX, INC. (ARDX) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.
Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $94.5M, roughly 2.3× ARDELYX, INC.). Orion Group Holdings Inc runs the higher net margin — 2.2% vs -39.8%, a 42.0% gap on every dollar of revenue. On growth, ARDELYX, INC. posted the faster year-over-year revenue change (27.5% vs 14.6%). Over the past eight quarters, ARDELYX, INC.'s revenue compounded faster (13.6% CAGR vs 6.1%).
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.
Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.
ARDX vs ORN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $94.5M | $216.3M |
| Net Profit | $-37.6M | $4.7M |
| Gross Margin | — | 12.0% |
| Operating Margin | — | — |
| Net Margin | -39.8% | 2.2% |
| Revenue YoY | 27.5% | 14.6% |
| Net Profit YoY | — | 435.7% |
| EPS (diluted) | $-0.15 | $0.12 |
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.
| Q1 26 | $94.5M | $216.3M | ||
| Q4 25 | $125.2M | $233.2M | ||
| Q3 25 | $110.3M | $225.1M | ||
| Q2 25 | $97.7M | $205.3M | ||
| Q1 25 | $74.1M | $188.7M | ||
| Q4 24 | $116.1M | $216.9M | ||
| Q3 24 | $98.2M | $226.7M | ||
| Q2 24 | $73.2M | $192.2M |
| Q1 26 | $-37.6M | $4.7M | ||
| Q4 25 | $-407.0K | $-240.0K | ||
| Q3 25 | $-969.0K | $3.3M | ||
| Q2 25 | $-19.1M | $841.0K | ||
| Q1 25 | $-41.1M | $-1.4M | ||
| Q4 24 | $4.6M | $6.8M | ||
| Q3 24 | $-809.0K | $4.3M | ||
| Q2 24 | $-16.5M | $-6.6M |
| Q1 26 | — | 12.0% | ||
| Q4 25 | 91.3% | 11.6% | ||
| Q3 25 | 96.4% | 13.2% | ||
| Q2 25 | 87.3% | 12.6% | ||
| Q1 25 | 83.4% | 12.2% | ||
| Q4 24 | 84.3% | 14.0% | ||
| Q3 24 | 84.0% | 11.9% | ||
| Q2 24 | 87.1% | 9.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.1% | 2.2% | ||
| Q3 25 | 4.2% | 2.4% | ||
| Q2 25 | -14.7% | 1.7% | ||
| Q1 25 | -49.0% | 0.4% | ||
| Q4 24 | 7.0% | 4.4% | ||
| Q3 24 | 2.3% | 3.4% | ||
| Q2 24 | -18.6% | -1.4% |
| Q1 26 | -39.8% | 2.2% | ||
| Q4 25 | -0.3% | -0.1% | ||
| Q3 25 | -0.9% | 1.5% | ||
| Q2 25 | -19.5% | 0.4% | ||
| Q1 25 | -55.5% | -0.7% | ||
| Q4 24 | 4.0% | 3.1% | ||
| Q3 24 | -0.8% | 1.9% | ||
| Q2 24 | -22.5% | -3.4% |
| Q1 26 | $-0.15 | $0.12 | ||
| Q4 25 | $-0.01 | $-0.00 | ||
| Q3 25 | $0.00 | $0.08 | ||
| Q2 25 | $-0.08 | $0.02 | ||
| Q1 25 | $-0.17 | $-0.04 | ||
| Q4 24 | $0.01 | $0.22 | ||
| Q3 24 | $0.00 | $0.12 | ||
| Q2 24 | $-0.07 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $238.1M | $6.3M |
| Total DebtLower is stronger | $203.5M | — |
| Stockholders' EquityBook value | $148.6M | $166.7M |
| Total Assets | $504.5M | $478.7M |
| Debt / EquityLower = less leverage | 1.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $238.1M | $6.3M | ||
| Q4 25 | $68.0M | $1.6M | ||
| Q3 25 | $42.7M | $4.9M | ||
| Q2 25 | $90.0M | $1.7M | ||
| Q1 25 | $30.8M | $13.0M | ||
| Q4 24 | $64.9M | $28.3M | ||
| Q3 24 | $47.4M | $28.3M | ||
| Q2 24 | $41.9M | $4.8M |
| Q1 26 | $203.5M | — | ||
| Q4 25 | $202.8M | — | ||
| Q3 25 | $202.1M | — | ||
| Q2 25 | $201.4M | $33.4M | ||
| Q1 25 | $151.3M | $23.3M | ||
| Q4 24 | $150.9M | $23.2M | ||
| Q3 24 | $100.7M | $28.0M | ||
| Q2 24 | $100.2M | $60.3M |
| Q1 26 | $148.6M | $166.7M | ||
| Q4 25 | $166.9M | $159.0M | ||
| Q3 25 | $154.3M | $157.9M | ||
| Q2 25 | $139.5M | $153.2M | ||
| Q1 25 | $145.7M | $150.8M | ||
| Q4 24 | $173.3M | $150.7M | ||
| Q3 24 | $158.3M | $142.4M | ||
| Q2 24 | $147.0M | $111.1M |
| Q1 26 | $504.5M | $478.7M | ||
| Q4 25 | $501.6M | $414.7M | ||
| Q3 25 | $486.2M | $422.4M | ||
| Q2 25 | $466.8M | $432.7M | ||
| Q1 25 | $410.2M | $416.3M | ||
| Q4 24 | $435.8M | $417.3M | ||
| Q3 24 | $367.9M | $430.3M | ||
| Q2 24 | $343.5M | $414.0M |
| Q1 26 | 1.37× | — | ||
| Q4 25 | 1.21× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 1.44× | 0.22× | ||
| Q1 25 | 1.04× | 0.15× | ||
| Q4 24 | 0.87× | 0.15× | ||
| Q3 24 | 0.64× | 0.20× | ||
| Q2 24 | 0.68× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARDX
| IBSRELA | $70.1M | 74% |
| XPHOZAH | $23.3M | 25% |
| Non-cash royalty revenue related to the sale of future royalties | $695.0K | 1% |
| Product supply revenue | $354.0K | 0% |
ORN
Segment breakdown not available.
