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Pre-Tax Income at other companies

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Other financials

Income statement

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Revenue$22.7M+184%
Operating income-$60.1M-61.8%
Net income-$60.6M-78.6%
EPS (diluted)-$0.61-74.3%

Balance sheet

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Cash & equivalents$24.3M-39.0%
Total debt$96.5M+132,122%
Total equity$61.3M-73.2%
Total assets$287.6M-12.1%

Cash flow

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Operating cash flow-$44.9M-10.3%
CapEx--100%
Free cash flow-$44.9M-10.1%

Valuation

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Market cap$586.88M-63.5%
Enterprise value$659.08M-57.7%
P/S5.9×-8.4×

Profitability

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Operating margin-204.5%
Net margin-200%-219pp
FCF margin-177.1%-206pp

Returns & leverage

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Return on equity-136.4%-144pp
Debt / equity1.6×+1.6×
Current ratio4.9×-6.1×

Where this comes from

Reported directly by ARS Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: ARS Pharmaceuticals, Inc.’s 10-K, filed March 9, 2026.

Filed
Mar 9, 2026, 6:07 AM EDT
Fiscal year
FY2025
Accession
0001193125-26-097478
Line itemYears Ended December 31, 2025Years Ended December 31, 2024
Interest income10,66911,369
Interest expense (including related party amounts of $130 and $0, respectively)(2,599)
Total other income, net8,07011,369
(Loss) income before income tax (benefit) expense(171,378)8,286
Income tax (benefit) expense(80)288
Net (loss) income(171,298)7,998
Unrealized (losses) gains on available-for-sale securities(95)171
Comprehensive (loss) income$(171,393)$8,169

Item 8. Financial Statements and Supplementary Data

FAQ

What is ARS Pharmaceuticals, Inc.'s pre-tax income?
ARS Pharmaceuticals, Inc. (SPRY) reported pre-tax income of -$42.84M in Q4 2025.
How has ARS Pharmaceuticals, Inc.'s pre-tax income changed year-over-year?
ARS Pharmaceuticals, Inc.'s pre-tax income decreased by 2168.3% year-over-year, from $2.07M to -$42.84M.
What is the long-term trend for ARS Pharmaceuticals, Inc.'s pre-tax income?
Over 2 years (2023 to 2025), ARS Pharmaceuticals, Inc.'s pre-tax income has grown at a 77.5% compound annual growth rate (CAGR), from -$54.37M to -$171.38M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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