Get alerts:“Growth in the second quarter was robust, yet performance fell short of our expectations,” President and CEO Mike Raab said. However, Ardelyx reduced its full-year IBSRELA revenue guidance to $350 million to $370 million. Ardelyx reiterated its 2026 XPHOZAH revenue guidance of $110 million to $120 million. Ardelyx reported a net loss of $16.7 million, narrowing from a $19.1 million loss in the second quarter of 2025. During the quarter, Ardelyx drew $50 million under its existing arrangement with SLR for general corporate purposes and strategic flexibility.