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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$796.41M-48.7%
Enterprise value$868.61M-42.6%
P/S8.1×-7.9×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: ARS Pharmaceuticals, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ARS Pharmaceuticals, Inc.'s revenue?
ARS Pharmaceuticals, Inc. (SPRY) reported revenue of $22.68M in Q1 2026.
How has ARS Pharmaceuticals, Inc.'s revenue changed year-over-year?
ARS Pharmaceuticals, Inc.'s revenue increased by 184.5% year-over-year, from $7.97M to $22.68M.
What is the long-term trend for ARS Pharmaceuticals, Inc.'s revenue?
Over 4 years (2021 to 2025), ARS Pharmaceuticals, Inc.'s revenue has grown at a 97.8% compound annual growth rate (CAGR), from $5.51M to $84.28M.