ARS Pharmaceuticals (SPRY) Revenue (2022 - 2026)

ARS Pharmaceuticals' (SPRY) quarterly Revenue came in at $22.7 million in Q1 2026, up 184.47% year-on-year from $8.0 million in Q1 2025, and down 19.25% quarter-over-quarter from $28.1 million in Q4 2025.

ARS Pharmaceuticals (SPRY) Revenue (2022 - 2026) Analysis & Trends

ARS Pharmaceuticals has disclosed Revenue across 5 years of filings, most recently posting $22.7 million for Q1 2026.

  • Revenue for Q1 2026 came in at $22.7 million, up 184.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $99.0 million (up 1.92% YoY), and the FY2025 annual result was $84.3 million, down 5.46% from the prior year.
  • Revenue came in at $22.7 million for Q1 2026 at ARS Pharmaceuticals, down from $28.1 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $86.6 million in Q4 2024 to a low of $10000.0 in Q2 2023.
  • The 5-year median for Revenue is $2.1 million (2024), against an average of $15.2 million.
  • Across the five-year window, Revenue slumped 97.84% in 2023 and jumped 4900.0% in 2024, its largest moves.
  • ARS Pharmaceuticals' Revenue stood at $189000.0 in 2022, then tumbled by 94.71% to $10000.0 in 2023, then surged by 865710.0% to $86.6 million in 2024, then plunged by 67.56% to $28.1 million in 2025, then slipped by 19.25% to $22.7 million in 2026.
  • The last three Revenue figures came in at $22.7 million (Q1 2026), $28.1 million (Q4 2025), and $32.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 5.21 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 306.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 2.99 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 ARS Pharmaceuticals 954.24 Mn 753.27 Mn - 22.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.68 Mn
Dec 31, 2025 28.09 Mn
Sep 30, 2025 32.50 Mn
Jun 30, 2025 15.72 Mn
Mar 31, 2025 7.97 Mn
Dec 31, 2024 86.58 Mn
Sep 30, 2024 2.07 Mn
Jun 30, 2024 500,000.00
Jun 30, 2023 10,000.00
Mar 31, 2023 20,000.00
Sep 30, 2022 189,000.00
Jun 30, 2022 464,000.00
Mar 31, 2022 663,000.00