ARS Pharmaceuticals, Inc. (SPRY) Earnings History
Annual and quarterly earnings data from 2018 to 2025
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SPRY EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
SPRY Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 0.0% | -212.9% | -203.3% |
| 2024 | 76.9% | -3.5% | 9.0% |
| 2023 | 100.0% | -225066.7% | -181216.7% |
| 2022 | 100.0% | -2698.8% | -2635.4% |
| 2021 | 96.1% | -353.3% | -367.7% |
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ARS Pharmaceuticals, Inc. (SPRY) Earnings Overview
As of May 8, 2026, ARS Pharmaceuticals, Inc. (SPRY) reported trailing twelve-month net income of -$171M, reflecting -2327.9% year-over-year growth. The company earned $-1.74 per diluted share over the past four quarters, with a net profit margin of -203.3%.
Looking at the long-term picture, SPRY's historical earnings data spans multiple years. The company achieved its highest annual net income of $8M in fiscal 2024.
ARS Pharmaceuticals, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including ADMA ($165M net income, 28.8% margin), PRAX (-$327M net income), NTRA (-$208M net income, -9.0% margin), SPRY has room to improve margins relative to the peer group. Compare SPRY vs ADMA →
SPRY Earnings vs Peers
Earnings metrics vs comparable public companies
SPRY Historical Earnings Data (2018–2025)
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$171M | -2241.8% | -$179M | $-1.74 | -203.3% | -212.9% |
| 2024 | $8M | +114.7% | -$3M | $0.08 | 9.0% | -3.5% |
| 2023 | -$54M | -56.8% | -$68M | $-0.57 | -181216.7% | -225066.7% |
| 2022 | -$35M | -71.3% | -$36M | $-0.87 | -2635.4% | -2698.8% |
| 2021 | -$20M | -1800.8% | -$19M | $-0.70 | -367.7% | -353.3% |
| 2020 | -$1M | +95.6% | $-469,000 | $-0.03 | -6.0% | -2.6% |
| 2019 | -$24M | -36.3% | -$24M | $-0.72 | - | - |
| 2018 | -$18M | - | -$18M | $-0.53 | - | - |
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Start ComparisonSPRY — Frequently Asked Questions
Quick answers to the most common questions about buying SPRY stock.
Is SPRY growing earnings?
SPRY EPS fell to $-1.74, with earnings declining -2327.9%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-171M.
What are SPRY's profit margins?
ARS Pharmaceuticals, Inc. net margin is -203.3%, with operating margin at -212.9%. Below-average margins reflect competitive or cost pressures.
How consistent are SPRY's earnings?
SPRY earnings data spans 2018-2025. The declining earnings trend is -2327.9% YoY. Historical data enables comparison across business cycles.