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Operating margin at other companies

Aquestive Therapeutics, Inc. logo
Aquestive Therapeutics, Inc.AQST
-111.2%+96.3pp
Amneal Pharmaceuticals, Inc. logo
Amneal Pharmaceuticals, Inc.AMRX
14.6%+1.4pp
Viatris logo
ViatrisVTRS
-0.6%
AMP
Amphastar PharmaceuticalsAMPH
15.7%-9.5pp
Neuropace, Inc. logo
Neuropace, Inc.NPCE
-16.8%-3.5pp
Eton Pharmaceuticals, Inc. logo
Eton Pharmaceuticals, Inc.ETON
-15.1%

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$611.71M-62.0%
Enterprise value$683.91M-56.1%
P/S6.2×-8.1×

Profitability

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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

Calculated from ARS Pharmaceuticals, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: ARS Pharmaceuticals, Inc.’s 10-Q, filed May 15, 2026. Open the filing →

Filed
May 15, 2026, 6:17 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-225142

FAQ

What is ARS Pharmaceuticals, Inc.'s operating margin?
ARS Pharmaceuticals, Inc. (SPRY) reported operating margin of -204.5% in Q1 2026.
What is the long-term trend for ARS Pharmaceuticals, Inc.'s operating margin?
Over 2 years (2022 to 2025), ARS Pharmaceuticals, Inc.'s operating margin has grown at a -71.9% compound annual growth rate (CAGR), from -2,698.8% to -212.9%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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