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ARS Pharmaceuticals, Inc.

ARS Pharmaceuticals, Inc.SPRYEarnings & Financial Report

Nasdaq

SPRY Q3 2025 Key Financial Metrics

Revenue

$32.5M

Gross Profit

N/A

Operating Profit

$-53.2M

Net Profit

$-51.2M

Gross Margin

N/A

Operating Margin

-163.7%

Net Margin

-157.4%

YoY Growth

1471.6%

EPS

$-0.52

Financial Flow

ARS Pharmaceuticals, Inc. Q3 2025 Financial Summary

ARS Pharmaceuticals, Inc. reported revenue of $32.5M for Q3 2025, with a net profit of $-51.2M (-157.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$32.5M
Net Profit$-51.2M
Gross MarginN/A
Operating Margin-163.7%
Report PeriodQ3 2025

ARS Pharmaceuticals, Inc. Annual Revenue by Year

ARS Pharmaceuticals, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $89.1M).

YearAnnual Revenue
2024$89.1M
2023$30.0K
2022$1.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$0$0$500000$2.1M$86.6M$8.0M$15.7M$32.5M
YoY GrowthN/AN/A4900.0%N/AN/AN/A3043.4%1471.6%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$233.2M$227.6M$222.0M$217.6M$351.2M$327.3M$313.5M$372.8M
Liabilities$2.4M$3.7M$6.7M$16.6M$94.4M$98.3M$121.2M$225.1M
Equity$230.8M$223.9M$215.2M$201.0M$256.8M$229.0M$192.3M$147.7M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-17.4M$-6.7M$-7.3M$-14.5M$42.0M$-40.7M$-39.6M$-47.0M