ARS Pharmaceuticals (SPRY) EBITDA (2020 - 2026)
ARS Pharmaceuticals (SPRY) reported EBITDA of -$60.1 million for Q1 2026, down 61.78% on a YoY basis from -$157.4 million in Q1 2025, and down 45.05% sequentially from -$41.5 million in Q4 2025.
ARS Pharmaceuticals (SPRY) EBITDA (2020 - 2026) Analysis & Trends
ARS Pharmaceuticals (SPRY) has 7 years of EBITDA data on file, last reported at -$60.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 61.78% year-over-year to -$60.1 million; the trailing twelve-month figure through Mar 2026 stood at -$202.4 million (down 647.81% YoY), and the FY2025 full-year result was -$179.4 million, down 5720.56% from the prior year.
- EBITDA slipped to -$60.1 million in Q1 2026, from -$41.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $47.2 million in Q4 2024 to a low of -$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.
- Across the five-year window, EBITDA slumped 224.76% in 2023 and surged 561.54% in 2024, its largest moves.
- Tracing SPRY's EBITDA over 5 years: 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 sank by 187.86% to -$41.5 million in 2025, then sank by 45.05% to -$60.1 million in 2026.
- Business Quant data shows SPRY's EBITDA at -$60.1 million in Q1 2026, -$41.5 million in Q4 2025, and -$53.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 249.90 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 394.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -445.22 Mn |
| 10 | ARS Pharmaceuticals | 595.78 Mn | 394.81 Mn | - | -60.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -24.51 Mn |