PRPL vs. ARDX
Compare and contrast key facts about Purple Innovation, Inc. (PRPL) and Ardelyx, Inc. (ARDX).
Performance
PRPL vs. ARDX - Performance Comparison
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PRPL vs. ARDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PRPL Purple Innovation, Inc. | -4.24% | -11.47% | -24.27% | -78.49% | -63.90% | -59.71% | 278.19% | 47.88% | -44.24% |
ARDX Ardelyx, Inc. | 2.74% | 14.99% | -18.23% | 117.54% | 159.09% | -83.00% | -13.79% | 319.27% | -71.36% |
Fundamentals
PRPL:
$71.57M
ARDX:
$1.46B
PRPL:
-$0.47
ARDX:
-$0.25
PRPL:
0.15
ARDX:
3.56
PRPL:
$468.73M
ARDX:
$407.32M
PRPL:
$188.56M
ARDX:
$367.78M
PRPL:
-$5.01M
ARDX:
-$33.44M
Returns By Period
In the year-to-date period, PRPL achieves a -4.24% return, which is significantly lower than ARDX's 2.74% return.
PRPL
- 1D
- 1.97%
- 1M
- -4.86%
- YTD
- -4.24%
- 6M
- -29.22%
- 1Y
- -12.91%
- 3Y*
- -36.96%
- 5Y*
- -53.79%
- 10Y*
- —
ARDX
- 1D
- 7.93%
- 1M
- -8.55%
- YTD
- 2.74%
- 6M
- 8.71%
- 1Y
- 22.00%
- 3Y*
- 7.74%
- 5Y*
- -2.68%
- 10Y*
- -2.58%
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Return for Risk
PRPL vs. ARDX — Risk / Return Rank
PRPL
ARDX
PRPL vs. ARDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purple Innovation, Inc. (PRPL) and Ardelyx, Inc. (ARDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PRPL | ARDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.16 | 0.32 | -0.48 |
Sortino ratioReturn per unit of downside risk | 0.36 | 0.99 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.53 | -0.76 |
Martin ratioReturn relative to average drawdown | -0.39 | 1.11 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRPL | ARDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.16 | 0.32 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.58 | -0.03 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.33 | -0.08 | -0.25 |
Correlation
The correlation between PRPL and ARDX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PRPL vs. ARDX - Dividend Comparison
Neither PRPL nor ARDX has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRPL Purple Innovation, Inc. | 0.00% | 0.00% | 0.00% | 0.10% |
ARDX Ardelyx, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRPL vs. ARDX - Drawdown Comparison
The maximum PRPL drawdown since its inception was -98.59%, roughly equal to the maximum ARDX drawdown of -98.45%. Use the drawdown chart below to compare losses from any high point for PRPL and ARDX.
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Drawdown Indicators
| PRPL | ARDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.59% | -98.45% | -0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -53.61% | -40.42% | -13.19% |
Max Drawdown (5Y)Largest decline over 5 years | -98.43% | -94.32% | -4.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -96.82% | — |
Current DrawdownCurrent decline from peak | -98.35% | -81.79% | -16.56% |
Average DrawdownAverage peak-to-trough decline | -65.63% | -77.32% | +11.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.86% | 19.44% | +11.42% |
Volatility
PRPL vs. ARDX - Volatility Comparison
Purple Innovation, Inc. (PRPL) has a higher volatility of 23.83% compared to Ardelyx, Inc. (ARDX) at 17.06%. This indicates that PRPL's price experiences larger fluctuations and is considered to be riskier than ARDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRPL | ARDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.83% | 17.06% | +6.77% |
Volatility (6M)Calculated over the trailing 6-month period | 46.46% | 50.12% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.68% | 69.85% | +10.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.40% | 89.98% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.63% | 84.27% | +3.36% |
Financials
PRPL vs. ARDX - Financials Comparison
This section allows you to compare key financial metrics between Purple Innovation, Inc. and Ardelyx, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PRPL vs. ARDX - Profitability Comparison
PRPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Purple Innovation, Inc. reported a gross profit of 58.98M and revenue of 140.69M. Therefore, the gross margin over that period was 41.9%.
ARDX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ardelyx, Inc. reported a gross profit of 111.70M and revenue of 125.22M. Therefore, the gross margin over that period was 89.2%.
PRPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Purple Innovation, Inc. reported an operating income of -2.19M and revenue of 140.69M, resulting in an operating margin of -1.6%.
ARDX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ardelyx, Inc. reported an operating income of 5.10M and revenue of 125.22M, resulting in an operating margin of 4.1%.
PRPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Purple Innovation, Inc. reported a net income of -3.21M and revenue of 140.69M, resulting in a net margin of -2.3%.
ARDX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ardelyx, Inc. reported a net income of -407.00K and revenue of 125.22M, resulting in a net margin of -0.3%.