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

ARDELYX, INC. is the larger business by last-quarter revenue ($94.5M vs $93.8M, roughly 1.0× OLD SECOND BANCORP INC). OLD SECOND BANCORP INC runs the higher net margin — 27.3% vs -39.8%, a 67.1% gap on every dollar of revenue. Over the past eight quarters, OLD SECOND BANCORP INC's revenue compounded faster (15.1% CAGR vs 13.6%).

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

ARDX vs OSBC — Head-to-Head

Bigger by revenue
ARDX
ARDX
1.0× larger
ARDX
$94.5M
$93.8M
OSBC
Higher net margin
OSBC
OSBC
67.1% more per $
OSBC
27.3%
-39.8%
ARDX
Faster 2-yr revenue CAGR
OSBC
OSBC
Annualised
OSBC
15.1%
13.6%
ARDX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ARDX
ARDX
OSBC
OSBC
Revenue
$94.5M
$93.8M
Net Profit
$-37.6M
$25.6M
Gross Margin
Operating Margin
Net Margin
-39.8%
27.3%
Revenue YoY
27.5%
Net Profit YoY
159.2%
EPS (diluted)
$-0.15
$0.48

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
OSBC
OSBC
Q1 26
$94.5M
$93.8M
Q4 25
$125.2M
$95.2M
Q3 25
$110.3M
$95.9M
Q2 25
$97.7M
$75.1M
Q1 25
$74.1M
$73.1M
Q4 24
$116.1M
$73.2M
Q3 24
$98.2M
$71.2M
Q2 24
$73.2M
$70.8M
Net Profit
ARDX
ARDX
OSBC
OSBC
Q1 26
$-37.6M
$25.6M
Q4 25
$-407.0K
Q3 25
$-969.0K
$9.9M
Q2 25
$-19.1M
$21.8M
Q1 25
$-41.1M
$19.8M
Q4 24
$4.6M
Q3 24
$-809.0K
$23.0M
Q2 24
$-16.5M
$21.9M
Gross Margin
ARDX
ARDX
OSBC
OSBC
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
OSBC
OSBC
Q1 26
Q4 25
4.1%
41.2%
Q3 25
4.2%
13.6%
Q2 25
-14.7%
38.9%
Q1 25
-49.0%
35.8%
Q4 24
7.0%
34.7%
Q3 24
2.3%
41.9%
Q2 24
-18.6%
41.2%
Net Margin
ARDX
ARDX
OSBC
OSBC
Q1 26
-39.8%
27.3%
Q4 25
-0.3%
Q3 25
-0.9%
10.3%
Q2 25
-19.5%
29.0%
Q1 25
-55.5%
27.1%
Q4 24
4.0%
Q3 24
-0.8%
32.3%
Q2 24
-22.5%
30.9%
EPS (diluted)
ARDX
ARDX
OSBC
OSBC
Q1 26
$-0.15
$0.48
Q4 25
$-0.01
$0.53
Q3 25
$0.00
$0.18
Q2 25
$-0.08
$0.48
Q1 25
$-0.17
$0.43
Q4 24
$0.01
$0.42
Q3 24
$0.00
$0.50
Q2 24
$-0.07
$0.48

Balance Sheet & Financial Strength

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

Metric
ARDX
ARDX
OSBC
OSBC
Cash + ST InvestmentsLiquidity on hand
$238.1M
$115.7M
Total DebtLower is stronger
$203.5M
Stockholders' EquityBook value
$148.6M
$893.3M
Total Assets
$504.5M
$6.8B
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDX
ARDX
OSBC
OSBC
Q1 26
$238.1M
$115.7M
Q4 25
$68.0M
$124.0M
Q3 25
$42.7M
$116.5M
Q2 25
$90.0M
$141.8M
Q1 25
$30.8M
$256.1M
Q4 24
$64.9M
$99.3M
Q3 24
$47.4M
$115.8M
Q2 24
$41.9M
$120.9M
Total Debt
ARDX
ARDX
OSBC
OSBC
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
OSBC
OSBC
Q1 26
$148.6M
$893.3M
Q4 25
$166.9M
$896.8M
Q3 25
$154.3M
$866.7M
Q2 25
$139.5M
$718.6M
Q1 25
$145.7M
$694.5M
Q4 24
$173.3M
$671.0M
Q3 24
$158.3M
$661.4M
Q2 24
$147.0M
$619.3M
Total Assets
ARDX
ARDX
OSBC
OSBC
Q1 26
$504.5M
$6.8B
Q4 25
$501.6M
$6.9B
Q3 25
$486.2M
$7.0B
Q2 25
$466.8M
$5.7B
Q1 25
$410.2M
$5.7B
Q4 24
$435.8M
$5.6B
Q3 24
$367.9M
$5.7B
Q2 24
$343.5M
$5.7B
Debt / Equity
ARDX
ARDX
OSBC
OSBC
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%

OSBC
OSBC

Net Interest Income$81.1M87%
Noninterest Income$12.6M13%

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