ARS Pharmaceuticals (SPRY) Invested Capital (2020 - 2026)
ARS Pharmaceuticals' (SPRY) quarterly Invested Capital came in at $157.8 million in Q1 2026, down 31.07% year-on-year from $229.0 million in Q1 2025, and down 26.34% quarter-over-quarter from $214.3 million in Q4 2025.
ARS Pharmaceuticals (SPRY) Invested Capital (2020 - 2026) Analysis & Trends
ARS Pharmaceuticals has disclosed Invested Capital across 7 years of filings, most recently posting $157.8 million for Q1 2026.
- Invested Capital for Q1 2026 came in at $157.8 million, down 31.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $157.8 million (down 31.07% YoY), and the FY2025 annual result was $214.3 million, down 16.57% from the prior year.
- Invested Capital came in at $157.8 million for Q1 2026 at ARS Pharmaceuticals, down from $214.3 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $272.9 million in Q4 2022 to a low of -$50.2 million in Q3 2022.
- The 5-year median for Invested Capital is $223.9 million (2024), against an average of $179.5 million.
- Peak annual rise in Invested Capital reached 972.7% in 2022, while the deepest fall reached 115.1% in 2022.
- ARS Pharmaceuticals' Invested Capital stood at $272.9 million in 2022, then retreated by 15.44% to $230.8 million in 2023, then advanced by 11.28% to $256.8 million in 2024, then declined by 16.57% to $214.3 million in 2025, then dropped by 26.34% to $157.8 million in 2026.
- The last three Invested Capital figures came in at $157.8 million (Q1 2026), $214.3 million (Q4 2025), and $243.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 7.14 Bn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 795.79 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 595,226.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 14.38 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 19.36 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 502.95 Mn |
| 10 | ARS Pharmaceuticals | 954.24 Mn | 753.27 Mn | - | 157.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 157.83 Mn |
| Dec 31, 2025 | 214.26 Mn |
| Sep 30, 2025 | 243.88 Mn |
| Jun 30, 2025 | 192.32 Mn |
| Mar 31, 2025 | 228.97 Mn |
| Dec 31, 2024 | 256.80 Mn |
| Sep 30, 2024 | 200.98 Mn |
| Jun 30, 2024 | 215.24 Mn |
| Mar 31, 2024 | 223.87 Mn |
| Dec 31, 2023 | 230.76 Mn |
| Sep 30, 2023 | 237.28 Mn |
| Jun 30, 2023 | 248.55 Mn |
| Mar 31, 2023 | 261.16 Mn |
| Dec 31, 2022 | 272.89 Mn |
| Sep 30, 2022 | -50.16 Mn |
| Jun 30, 2022 | -44.03 Mn |
| Mar 31, 2022 | -38.26 Mn |
| Dec 31, 2021 | -31.27 Mn |
| Sep 30, 2021 | 332.13 Mn |
| Jun 30, 2021 | 349.65 Mn |