ARS Pharmaceuticals (SPRY) Operating Margin (2020 - 2026)
ARS Pharmaceuticals' Operating Margin came in at -182.62% for Q2 2026, up 120.33 percentage points from -302.95% a year earlier and up 82.56 percentage points from the prior quarter.
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Analysis
ARS Pharmaceuticals (SPRY) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ARS Pharmaceuticals reported Operating Margin of -184.96%, down 132.13 percentage points year-over-year; for FY2025, it was -212.92%, down 209.47 percentage points from FY2024.
- Operating Margin carries a four-year change of +140.40 percentage points (FY2021 to FY2025).
- Going back by year, Operating Margin was -3.46% in FY2024 (+225063.21 pp), -225066.67% in FY2023 (-222367.88 pp), -2698.78% in FY2022 (-2345.46 pp) and -353.32% in FY2021.
- The five-year range for quarterly Operating Margin is -206030.00% (Q2 2023) to 54.51% (Q4 2024).
- Year-over-year, Operating Margin increased in four of the last five quarters, with an average year-over-year change of +754.47 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2024 (a gain of 202962.00 percentage points), and the weakest in Q2 2023 (a drop of 204662.76 percentage points).
- Business Quant data shows SPRY's Operating Margin at -265.18% (Q1 2026), -147.63% (Q4 2025) and -163.66% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,134.61 Bn | 1,103.20 Bn | 19.71 Bn | 51.16% |
| 2 | Johnson & Johnson | 616.25 Bn | 534.77 Bn | 17.26 Bn | 28.21% |
| 3 | AbbVie | 501.45 Bn | 474.56 Bn | 12.70 Bn | 37.86% |
| 4 | Merck | 367.41 Bn | 321.79 Bn | 12.21 Bn | -3.52% |
| 5 | Novartis Ag | 297.99 Bn | 261.98 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 261.44 Bn | 235.12 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 235.87 Bn | 191.27 Bn | 7.24 Bn | 34.95% |
| 8 | Gilead Sciences | 190.66 Bn | 164.86 Bn | 6.22 Bn | -133.21% |
| 9 | Pfizer | 169.40 Bn | 116.05 Bn | 10.94 Bn | 28.37% |
| 10 | ARS Pharmaceuticals | 420.09 Mn | 276.29 Mn | 20.81 Mn | -182.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -182.62% |
| Mar 31, 2026 | -265.18% |
| Dec 31, 2025 | -147.63% |
| Sep 30, 2025 | -163.66% |
| Jun 30, 2025 | -302.95% |
| Mar 31, 2025 | -466.29% |
| Dec 31, 2024 | 54.51% |
| 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% |
| Dec 31, 2021 | 99,197.87% |
| Sep 30, 2021 | -87,234.62% |
| Jun 30, 2021 | -163,406.67% |
| Mar 31, 2021 | -104,916.67% |
| Dec 31, 2020 | -81,881.25% |
API Access
ARS Pharmaceuticals Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SPRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SPRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SPRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();