ARS Pharmaceuticals (SPRY) Operating Margin (2022 - 2026)
ARS Pharmaceuticals (SPRY) reported Operating Margin of 265.18% for Q1 2026, up 20111.0% on a YoY basis from N/an in Q1 2025, and down 79.62% sequentially from 147.63% in Q4 2025.
ARS Pharmaceuticals (SPRY) Operating Margin (2022 - 2026) Analysis & Trends
ARS Pharmaceuticals (SPRY) has 5 years of Operating Margin data on file, last reported at 265.18% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 20111.0% year-over-year to 265.18%; the trailing twelve-month figure through Mar 2026 stood at 204.49% (down 17662.0% YoY), and the FY2025 full-year result was 212.92%, down 20947.0% from the prior year.
- Operating Margin retreated to 265.18% in Q1 2026, from 147.63% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 54.51% in Q4 2024 to a low of 206030.0% in Q2 2023.
- A 5-year average of 23919.37% and a median of 1051.64% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 20466276 bps in 2023 and soared 20296200 bps in 2024, its largest moves.
- Tracing SPRY's Operating Margin over 5 years: stood at 3507.94% in 2022, then tumbled by 5773 bps to 206030.0% in 2023, then soared by 100 bps to 54.51% in 2024, then tumbled by 371 bps to 147.63% in 2025, then tumbled by 80 bps to 265.18% in 2026.
- Business Quant data shows SPRY's Operating Margin at 265.18% in Q1 2026, 147.63% in Q4 2025, and 163.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 16.51% |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 38.10% |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 17.83% |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 30.35% |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | ARS Pharmaceuticals | 595.78 Mn | 394.81 Mn | - | -265.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |