ARS Pharmaceuticals (SPRY) Enterprise Value (2020 - 2026)
ARS Pharmaceuticals' Enterprise Value came in at $652.7 million for Q2 2026, down 56.0% from $1.48 billion a year earlier but up 9.4% from the prior quarter.
ARS Pharmaceuticals (SPRY) Enterprise Value (2020 - 2026) Analysis & Trends
For FY2025, ARS Pharmaceuticals' Enterprise Value was $911.74 million, up 26.7% from FY2024.
- Enterprise Value has increased in each of the last three years.
- Going back by year, Enterprise Value was $719.42 million in FY2024 (+139.8%), $299.95 million in FY2023 (+282.0%), $78.53 million in FY2022 (-54.8%) and $173.75 million in FY2021.
- The five-year range for quarterly Enterprise Value is -$130.56 million (Q1 2022) to $1.48 billion (Q2 2025).
- Year-over-year, Enterprise Value increased in five of the last eight quarters, with growth averaging 137.9%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2024 (growth of 901.6%), and the weakest in Q2 2026 (a decline of 56.0%).
- Business Quant data shows SPRY's Enterprise Value at $596.38 million (Q1 2026), $911.74 million (Q4 2025) and $705.18 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | ARS Pharmaceuticals | 410.68 Mn | 266.88 Mn | 20.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 652.70 Mn |
| Mar 31, 2026 | 596.38 Mn |
| Dec 31, 2025 | 911.74 Mn |
| Sep 30, 2025 | 705.18 Mn |
| Jun 30, 2025 | 1.48 Bn |
| Mar 31, 2025 | 958.77 Mn |
| Dec 31, 2024 | 719.42 Mn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 606.26 Mn |
| Mar 31, 2024 | 763.39 Mn |
| Dec 31, 2023 | 299.95 Mn |
| Sep 30, 2023 | 120.21 Mn |
| Jun 30, 2023 | 386.46 Mn |
| Mar 31, 2023 | 350.36 Mn |
| Dec 31, 2022 | 78.53 Mn |
| Sep 30, 2022 | -77.16 Mn |
| Jun 30, 2022 | -108.86 Mn |
| Mar 31, 2022 | -130.56 Mn |
| Dec 31, 2021 | 173.75 Mn |
| Sep 30, 2021 | 49.01 Mn |
ARS Pharmaceuticals Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=SPRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "SPRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=SPRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();