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ARS Pharmaceuticals Inc

SPRY

NASDAQ

Biotechnology

$5.65

USD

-0.45 (-7.38%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $605.75M

Volume 5.0M

Revenue

$98.99M

TTM

+1.9%

YoY

Gross Margin

74%

TTM

-24.3%

YoY

Net Income

$-197.98M

TTM

-1165.0%

YoY

Operating Cash Flow

$-175.07M

TTM

-754.7%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Revenue

8.0

15.7

32.5

28.1

22.7

YoY Growth

+3043.4%

+1471.6%

-67.6%

+184.5%

Cost of Revenue

1.1

5.0

8.2

6.2

6.3

Gross Profit

6.9

10.7

24.3

21.9

16.4

Selling, General & Administrative

41.1

54.3

74.8

60.0

72.2

Other Operating Expenses

0.0

0.0

0.0

0.0

0.0

Total Operating Expenses

44.1

58.3

77.5

63.4

76.5

Operating Income

-37.2

-47.6

-53.2

-41.5

-60.1

EBITDA

-36.9

-47.3

-52.8

-41.0

-59.7

Other Income / Expense

0.0

2.7

2.1

-10.4

-2.4

Total Other Income / Expense

3.2

2.7

2.1

0.3

-0.5

Income Before Income Taxes

-33.9

-44.9

-51.1

-41.2

-60.6

Income Taxes

0.0

0.0

0.0

-0.1

0.0

Net Income

-33.9

-44.9

-51.2

-41.3

-60.6

Consolidated Net Income / Loss

-33.9

-44.9

-51.1

-41.1

-60.6

Net Income Attributable to Common Shareholders

-33.9

-44.9

-51.1

-41.1

-60.6

Basic EPS

-$0.35

-$0.46

-$0.52

-$0.41

-$0.61

Diluted EPS

-$0.35

-$0.46

-$0.52

-$0.41

-$0.61

Basic Shares Outstanding

98.1M

98.4M

98.8M

99.0M

99.3M

Diluted Shares Outstanding

98.1M

98.4M

98.8M

99.0M

99.3M