ARS Pharmaceuticals (SPRY) Operating Income (2020 - 2026)
ARS Pharmaceuticals (SPRY) posted Operating Income of -$60.1 million for Q1 2026, down 45.05% sequentially from -$41.5 million in Q4 2025, and down 61.78% YoY from -$157.4 million in Q1 2025.
Analysis
ARS Pharmaceuticals (SPRY) Operating Income (2020 - 2026) Analysis & Trends
ARS Pharmaceuticals has reported Operating Income for 7 years, with the latest figure at -$60.1 million in Q1 2026.
- Quarterly Operating Income fell 61.78% year-over-year to -$60.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$202.4 million (down 647.81% YoY) and the FY2025 annual result came in at -$179.4 million, down 5720.56% from the prior year.
- Operating Income slipped to -$60.1 million in Q1 2026 per SPRY's latest filing, from -$41.5 million in the prior quarter.
- Over five years, Operating Income peaked at $47.2 million in Q4 2024 and troughed at -$60.1 million in Q1 2026.
- A 5-year average of -$20.3 million and a median of -$18.0 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income plunged 224.76% in 2023, then jumped 561.54% in 2024.
- Over 5 years, Operating Income stood at -$15.4 million in 2022, then surged by 33.78% to -$10.2 million in 2023, then surged by 561.54% to $47.2 million in 2024, then plunged by 187.86% to -$41.5 million in 2025, then plunged by 45.05% to -$60.1 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$60.1 million, -$41.5 million, and -$53.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 1.25 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.29 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 493.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -815.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | -505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 325.05 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 231.44 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 133.12 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | -1.55 Mn |
| 10 | ARS Pharmaceuticals | 561.12 Mn | 417.27 Mn | 20.81 Mn | -61.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -61.47 Mn |
| Mar 31, 2026 | -60.15 Mn |
| Dec 31, 2025 | -41.47 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 | -10.23 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 |