ARS Pharmaceuticals (SPRY) Enterprise Value (2020 - 2026)

ARS Pharmaceuticals' (SPRY) quarterly Enterprise Value came in at -$201.0 million in Q1 2026, up 27.11% year-on-year from -$158.1 million in Q1 2025, and up 17.97% quarter-over-quarter from -$245.0 million in Q4 2025.

ARS Pharmaceuticals (SPRY) Enterprise Value (2020 - 2026) Analysis & Trends

ARS Pharmaceuticals has disclosed Enterprise Value across 7 years of filings, most recently posting -$201.0 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$201.0 million, up 27.11% year-over-year; the trailing twelve-month figure through Mar 2026 was -$201.0 million (up 27.11% YoY), and the FY2025 annual result was -$245.0 million, up 21.98% from the prior year.
  • Enterprise Value came in at -$201.0 million for Q1 2026 at ARS Pharmaceuticals, up from -$245.0 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$201.0 million in Q1 2026 to a low of -$314.0 million in Q4 2024.
  • The 5-year median for Enterprise Value is -$252.2 million (2023), against an average of -$250.1 million.
  • Peak annual rise in Enterprise Value reached 32.16% in 2022, while the deepest fall reached 356.82% in 2022.
  • ARS Pharmaceuticals' Enterprise Value stood at -$274.4 million in 2022, then climbed by 16.77% to -$228.4 million in 2023, then sank by 37.51% to -$314.0 million in 2024, then gained by 21.98% to -$245.0 million in 2025, then rose by 17.97% to -$201.0 million in 2026.
  • The last three Enterprise Value figures came in at -$201.0 million (Q1 2026), -$245.0 million (Q4 2025), and -$288.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -4.14 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -7.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -584.73 Mn
10 ARS Pharmaceuticals 954.24 Mn 753.27 Mn - -200.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -200.97 Mn
Dec 31, 2025 -244.99 Mn
Sep 30, 2025 -288.21 Mn
Jun 30, 2025 -240.13 Mn
Mar 31, 2025 -275.73 Mn
Dec 31, 2024 -314.02 Mn
Sep 30, 2024 -204.62 Mn
Jun 30, 2024 -218.74 Mn
Mar 31, 2024 -223.63 Mn
Dec 31, 2023 -228.36 Mn
Sep 30, 2023 -241.90 Mn
Jun 30, 2023 -252.21 Mn
Mar 31, 2023 -264.55 Mn
Dec 31, 2022 -274.38 Mn
Sep 30, 2022 -266.62 Mn
Jun 30, 2022 -257.98 Mn
Mar 31, 2022 -253.85 Mn
Dec 31, 2021 -60.06 Mn
Sep 30, 2021 -300.66 Mn
Jun 30, 2021 -359.69 Mn