ARS Pharmaceuticals (SPRY) Equity Average (2020 - 2026)

ARS Pharmaceuticals' (SPRY) quarterly Equity Average came in at $87.8 million in Q1 2026, down 63.86% year-on-year from $242.9 million in Q1 2025, and down 32.97% quarter-over-quarter from $131.0 million in Q4 2025.

ARS Pharmaceuticals (SPRY) Equity Average (2020 - 2026) Analysis & Trends

ARS Pharmaceuticals has disclosed Equity Average across 7 years of filings, most recently posting $87.8 million for Q1 2026.

  • Equity Average for Q1 2026 came in at $87.8 million, down 63.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $87.8 million (down 63.86% YoY), and the FY2025 annual result was $185.5 million, down 23.9% from the prior year.
  • Equity Average came in at $87.8 million for Q1 2026 at ARS Pharmaceuticals, down from $131.0 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $267.0 million in Q1 2023 to a low of -$47.1 million in Q3 2022.
  • The 5-year median for Equity Average is $210.6 million (2025), against an average of $159.6 million.
  • Across the five-year window, Equity Average sank 119.61% in 2022 and surged 868.14% in 2023, its largest moves.
  • ARS Pharmaceuticals' Equity Average stood at $111.4 million in 2022, then surged by 110.14% to $234.0 million in 2023, then slipped by 2.19% to $228.9 million in 2024, then sank by 42.79% to $131.0 million in 2025, then slumped by 32.97% to $87.8 million in 2026.
  • The last three Equity Average figures came in at $87.8 million (Q1 2026), $131.0 million (Q4 2025), and $170.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 3.50 Bn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 783.14 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 3.76 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 1.01 Bn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 21.35 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 19.01 Bn
9 Abivax 91.96 Bn 91.96 Bn - 516.41 Mn
10 ARS Pharmaceuticals 954.24 Mn 753.27 Mn - 87.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 87.78 Mn
Dec 31, 2025 130.96 Mn
Sep 30, 2025 169.99 Mn
Jun 30, 2025 210.65 Mn
Mar 31, 2025 242.89 Mn
Dec 31, 2024 228.89 Mn
Sep 30, 2024 208.11 Mn
Jun 30, 2024 219.55 Mn
Mar 31, 2024 227.31 Mn
Dec 31, 2023 234.02 Mn
Sep 30, 2023 242.92 Mn
Jun 30, 2023 254.85 Mn
Mar 31, 2023 267.02 Mn
Dec 31, 2022 111.37 Mn
Sep 30, 2022 -47.09 Mn
Jun 30, 2022 -41.14 Mn
Mar 31, 2022 -34.76 Mn
Dec 31, 2021 150.43 Mn
Sep 30, 2021 340.89 Mn
Jun 30, 2021 359.10 Mn