ARS Pharmaceuticals (SPRY) Net Income (2020 - 2026)

ARS Pharmaceuticals' (SPRY) quarterly Net Income came in at -$62.6 million in Q1 2026, down 68.35% year-on-year from -$197.7 million in Q1 2025, and down 161.36% quarter-over-quarter from $102.0 million in Q4 2025.

ARS Pharmaceuticals (SPRY) Net Income (2020 - 2026) Analysis & Trends

ARS Pharmaceuticals has disclosed Net Income across 7 years of filings, most recently posting -$62.6 million for Q1 2026.

  • Net Income for Q1 2026 came in at -$62.6 million, down 68.35% year-over-year; the trailing twelve-month figure through Mar 2026 was -$61.4 million (down 126.83% YoY), and the FY2025 annual result was -$171.3 million, down 2243.1% from the prior year.
  • Net Income came in at -$62.6 million for Q1 2026 at ARS Pharmaceuticals, down from $102.0 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $102.0 million in Q4 2025 to a low of -$62.6 million in Q1 2026.
  • The 5-year median for Net Income is -$15.4 million (2022), against an average of -$8.7 million.
  • Peak annual rise in Net Income reached 397.08% in 2023, while the deepest fall reached 224.76% in 2023.
  • ARS Pharmaceuticals' Net Income stood at -$15.4 million in 2022, then jumped by 397.08% to $45.9 million in 2023, then climbed by 2.88% to $47.2 million in 2024, then jumped by 116.1% to $102.0 million in 2025, then slumped by 161.36% to -$62.6 million in 2026.
  • The last three Net Income figures came in at -$62.6 million (Q1 2026), $102.0 million (Q4 2025), and -$53.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.40 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 ARS Pharmaceuticals 954.24 Mn 753.27 Mn - -62.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -62.59 Mn
Dec 31, 2025 101.99 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 45.88 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