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Side-by-side financial comparison of BEASLEY BROADCAST GROUP INC (BBGI) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.
BEASLEY BROADCAST GROUP INC is the larger business by last-quarter revenue ($53.1M vs $28.1M, roughly 1.9× ARS Pharmaceuticals, Inc.). ARS Pharmaceuticals, Inc. runs the higher net margin — -147.1% vs -358.4%, a 211.3% gap on every dollar of revenue. On growth, BEASLEY BROADCAST GROUP INC posted the faster year-over-year revenue change (-21.2% vs -67.6%).
Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. As of September 2025, the company owns 54 stations under the Beasley Media Group name.
ARS Pharmaceuticals, Inc. is a late-stage biopharmaceutical firm specializing in the development and commercialization of novel therapies for severe allergic reactions, most notably needle-free epinephrine delivery solutions for anaphylaxis. It primarily operates in the North American market, catering to both pediatric and adult patient groups at risk of life-threatening allergic responses.
BBGI vs SPRY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.1M | $28.1M |
| Net Profit | $-190.1M | $-41.3M |
| Gross Margin | — | — |
| Operating Margin | -433.6% | -147.6% |
| Net Margin | -358.4% | -147.1% |
| Revenue YoY | -21.2% | -67.6% |
| Net Profit YoY | -9136.7% | -182.8% |
| EPS (diluted) | $-105.71 | $-0.41 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $53.1M | $28.1M | ||
| Q3 25 | $51.0M | $32.5M | ||
| Q2 25 | $53.0M | $15.7M | ||
| Q1 25 | $48.9M | $8.0M | ||
| Q4 24 | $67.3M | $86.6M | ||
| Q3 24 | $58.2M | $2.1M | ||
| Q2 24 | $60.4M | $500.0K | ||
| Q1 24 | $54.4M | $0 |
| Q4 25 | $-190.1M | $-41.3M | ||
| Q3 25 | $-3.6M | $-51.2M | ||
| Q2 25 | $-154.2K | $-44.9M | ||
| Q1 25 | $-2.7M | $-33.9M | ||
| Q4 24 | $-2.1M | $49.9M | ||
| Q3 24 | $-3.6M | $-19.1M | ||
| Q2 24 | $-276.0K | $-12.5M | ||
| Q1 24 | $8.0K | $-10.3M |
| Q4 25 | -433.6% | -147.6% | ||
| Q3 25 | -1.1% | -163.7% | ||
| Q2 25 | 5.5% | -302.9% | ||
| Q1 25 | -4.1% | -466.3% | ||
| Q4 24 | 11.3% | 54.5% | ||
| Q3 24 | 2.1% | -1051.6% | ||
| Q2 24 | 8.9% | -3068.0% | ||
| Q1 24 | -2.0% | — |
| Q4 25 | -358.4% | -147.1% | ||
| Q3 25 | -7.0% | -157.4% | ||
| Q2 25 | -0.3% | -285.6% | ||
| Q1 25 | -5.5% | -425.7% | ||
| Q4 24 | -3.1% | 57.7% | ||
| Q3 24 | -6.1% | -925.0% | ||
| Q2 24 | -0.5% | -2503.2% | ||
| Q1 24 | 0.0% | — |
| Q4 25 | $-105.71 | $-0.41 | ||
| Q3 25 | $-1.97 | $-0.52 | ||
| Q2 25 | $-0.09 | $-0.46 | ||
| Q1 25 | $-1.50 | $-0.35 | ||
| Q4 24 | $-1.23 | $0.52 | ||
| Q3 24 | $-2.33 | $-0.20 | ||
| Q2 24 | $-0.18 | $-0.13 | ||
| Q1 24 | $0.01 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.9M | $245.0M |
| Total DebtLower is stronger | — | $96.4M |
| Stockholders' EquityBook value | $-49.3M | $114.3M |
| Total Assets | $299.3M | $327.7M |
| Debt / EquityLower = less leverage | — | 0.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $245.0M | ||
| Q3 25 | $14.3M | $288.2M | ||
| Q2 25 | $13.7M | $240.1M | ||
| Q1 25 | $12.2M | $275.7M | ||
| Q4 24 | $13.8M | $314.0M | ||
| Q3 24 | $27.8M | $204.6M | ||
| Q2 24 | $33.3M | $218.7M | ||
| Q1 24 | $27.8M | $223.6M |
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $96.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $247.1M | $0 | ||
| Q3 24 | $265.2M | — | ||
| Q2 24 | $264.9M | — | ||
| Q1 24 | $264.5M | — |
| Q4 25 | $-49.3M | $114.3M | ||
| Q3 25 | $141.0M | $147.7M | ||
| Q2 25 | $144.5M | $192.3M | ||
| Q1 25 | $144.6M | $229.0M | ||
| Q4 24 | $147.2M | $256.8M | ||
| Q3 24 | $145.8M | $201.0M | ||
| Q2 24 | $149.1M | $215.2M | ||
| Q1 24 | $149.1M | $223.9M |
| Q4 25 | $299.3M | $327.7M | ||
| Q3 25 | $534.6M | $372.8M | ||
| Q2 25 | $548.0M | $313.5M | ||
| Q1 25 | $539.3M | $327.3M | ||
| Q4 24 | $549.2M | $351.2M | ||
| Q3 24 | $571.5M | $217.6M | ||
| Q2 24 | $573.2M | $222.0M | ||
| Q1 24 | $566.3M | $227.6M |
| Q4 25 | — | 0.84× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.68× | 0.00× | ||
| Q3 24 | 1.82× | — | ||
| Q2 24 | 1.78× | — | ||
| Q1 24 | 1.77× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.2M | $-43.5M |
| Free Cash FlowOCF − Capex | $-4.4M | — |
| FCF MarginFCF / Revenue | -8.3% | — |
| Capex IntensityCapex / Revenue | 2.3% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.2M | $-43.5M | ||
| Q3 25 | $-4.9M | $-47.0M | ||
| Q2 25 | $3.1M | $-39.6M | ||
| Q1 25 | $-3.5M | $-40.7M | ||
| Q4 24 | $-1.5M | $42.0M | ||
| Q3 24 | $-4.8M | $-14.5M | ||
| Q2 24 | $6.6M | $-7.3M | ||
| Q1 24 | $-4.0M | $-6.7M |
| Q4 25 | $-4.4M | — | ||
| Q3 25 | $-7.1M | $-47.2M | ||
| Q2 25 | $2.5M | $-39.6M | ||
| Q1 25 | $-4.3M | $-40.8M | ||
| Q4 24 | $-1.9M | $41.7M | ||
| Q3 24 | $-5.4M | $-14.6M | ||
| Q2 24 | $5.6M | $-7.3M | ||
| Q1 24 | $-5.0M | $-6.8M |
| Q4 25 | -8.3% | — | ||
| Q3 25 | -14.0% | -145.4% | ||
| Q2 25 | 4.7% | -252.2% | ||
| Q1 25 | -8.7% | -512.1% | ||
| Q4 24 | -2.8% | 48.2% | ||
| Q3 24 | -9.3% | -706.3% | ||
| Q2 24 | 9.2% | -1463.4% | ||
| Q1 24 | -9.2% | — |
| Q4 25 | 2.3% | 0.0% | ||
| Q3 25 | 4.4% | 0.6% | ||
| Q2 25 | 1.1% | 0.3% | ||
| Q1 25 | 1.6% | 1.1% | ||
| Q4 24 | 0.6% | 0.3% | ||
| Q3 24 | 1.1% | 6.8% | ||
| Q2 24 | 1.7% | 7.6% | ||
| Q1 24 | 1.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -506.51× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BBGI
| Audio Advertising | $40.5M | 76% |
| Digital Advertising | $12.6M | 24% |
SPRY
| Products | $20.3M | 72% |
| Other | $7.8M | 28% |
