Growth Metrics

ARS Pharmaceuticals (SPRY) Net Margin (2022 - 2026)

ARS Pharmaceuticals recorded quarterly Net Margin of 275.94% in Q1 2026, down 175.99% quarter-over-quarter from 363.14% in Q4 2025, and up 19035.0% year-over-year from N/an in Q1 2025.

ARS Pharmaceuticals' Net Margin history runs 5 years deep, the most recent figure standing at 275.94% for Q1 2026.

  • In Q1 2026, Net Margin rose 19035.0% year-over-year to 275.94%; the TTM figure through Mar 2026 stood at 62.03% (down 3416.0% YoY), while the FY2025 annual figure was 203.25%, down 21222.0% from the prior year.
  • Net Margin came in at 275.94% for Q1 2026 at ARS Pharmaceuticals, down from 363.14% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 363.14% in Q4 2025 to a low of 206030.0% in Q2 2023.
  • A 5-year average of 23880.9% and a median of 1051.64% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin tumbled 20466276 bps in 2023 and jumped 20296200 bps in 2024, its largest moves.
  • ARS Pharmaceuticals' Net Margin stood at 3507.94% in 2022, then sank by 5773 bps to 206030.0% in 2023, then surged by 100 bps to 54.51% in 2024, then soared by 566 bps to 363.14% in 2025, then tumbled by 176 bps to 275.94% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 275.94%, 363.14%, and 163.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - -
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn 0.82%
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - -
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 34.53%
7 Evaxion A 64.16 Bn 64.14 Bn - -
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 20.17%
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 17.65%
10 ARS Pharmaceuticals 900.62 Mn 699.65 Mn - -275.94%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -275.94%
Dec 31, 2025 363.14%
Sep 30, 2025 -163.66%
Jun 30, 2025 -302.95%
Mar 31, 2025 -466.29%
Dec 31, 2024 60.08%
Sep 30, 2024 -1,051.64%
Jun 30, 2024 -3,068.00%
Jun 30, 2023 -206,030.00%
Mar 31, 2023 -93,565.00%
Sep 30, 2022 -3,507.94%
Jun 30, 2022 -1,367.24%
Mar 31, 2022 -1,070.74%