ARS Pharmaceuticals SPRY
NASDAQ SPRY
$5.62 -0.05 (-0.88%)
As of: Sep 4, 2026 · 3:59 PM EDT

ARS Pharmaceuticals (SPRY) EBITDA (2020 - 2026)

ARS Pharmaceuticals (SPRY) posted EBITDA of -$60.1 million for Q1 2026, down 45.05% sequentially from -$41.5 million in Q4 2025, and down 61.78% YoY from -$157.4 million in Q1 2025.

Analysis

ARS Pharmaceuticals (SPRY) EBITDA (2020 - 2026) Analysis & Trends

ARS Pharmaceuticals has reported EBITDA for 7 years, with the latest figure at -$60.1 million in Q1 2026.

  • Quarterly EBITDA fell 61.78% year-over-year to -$60.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$202.4 million (down 647.81% YoY) and the FY2025 annual result came in at -$179.4 million, down 5720.56% from the prior year.
  • EBITDA slipped to -$60.1 million in Q1 2026 per SPRY's latest filing, from -$41.5 million in the prior quarter.
  • Over five years, EBITDA peaked at $47.2 million in Q4 2024 and troughed at -$60.1 million in Q1 2026.
  • A 5-year average of -$20.3 million and a median of -$18.0 million in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2023 and 2024: EBITDA plunged 224.76% in 2023, then jumped 561.54% in 2024.
  • Over 5 years, EBITDA stood at -$15.4 million in 2022, then surged by 33.78% to -$10.2 million in 2023, then surged by 561.54% to $47.2 million in 2024, then plunged by 187.86% to -$41.5 million in 2025, then plunged by 45.05% to -$60.1 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$60.1 million, -$41.5 million, and -$53.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 493.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -505.13 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 133.12 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -1.55 Mn
10 ARS Pharmaceuticals 561.12 Mn 417.27 Mn 20.81 Mn -61.47 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -61.47 Mn
Mar 31, 2026 -60.15 Mn
Dec 31, 2025 -41.47 Mn
Sep 30, 2025 -53.19 Mn
Jun 30, 2025 -47.61 Mn
Mar 31, 2025 -37.18 Mn
Dec 31, 2024 47.20 Mn
Sep 30, 2024 -21.75 Mn
Jun 30, 2024 -15.34 Mn
Mar 31, 2024 -13.19 Mn
Dec 31, 2023 -10.23 Mn
Sep 30, 2023 -17.98 Mn
Jun 30, 2023 -20.60 Mn
Mar 31, 2023 -18.71 Mn
Dec 31, 2022 -15.44 Mn
Sep 30, 2022 -6.63 Mn
Jun 30, 2022 -6.34 Mn
Mar 31, 2022 -7.10 Mn
Dec 31, 2021 46.62 Mn
Sep 30, 2021 -22.68 Mn