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

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

Filed
May 15, 2026, 6:17 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-225142
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
United States$17,452$7,763
Denmark2,777210
Rest of world2,452
Total revenue$22,681$7,973

Item 1. Financial Statements

FAQ

What is ARS Pharmaceuticals, Inc.'s US — revenue?
ARS Pharmaceuticals, Inc. (SPRY) reported US — revenue of $17.45M in Q1 2026.
How has ARS Pharmaceuticals, Inc.'s US — revenue changed year-over-year?
ARS Pharmaceuticals, Inc.'s US — revenue increased by 124.8% year-over-year, from $7.76M to $17.45M.
What does US — revenue mean?
This metric represents the total gross revenue generated from the sale of pharmaceutical products or services within the United States market, net of any assessed taxes. It serves as a primary indicator of market penetration and commercial adoption for the company's therapeutic offerings in this specific geographic region. Tracking this figure allows investors to evaluate the growth trajectory and commercial success of the company's product portfolio within the domestic healthcare landscape.

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