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Side-by-side financial comparison of GEN Restaurant Group, Inc. (GENK) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.

GEN Restaurant Group, Inc. is the larger business by last-quarter revenue ($49.7M vs $28.1M, roughly 1.8× ARS Pharmaceuticals, Inc.). GEN Restaurant Group, Inc. runs the higher net margin — -3.8% vs -147.1%, a 143.3% gap on every dollar of revenue. On growth, GEN Restaurant Group, Inc. posted the faster year-over-year revenue change (-9.0% vs -67.6%).

Gen Korean BBQ is an American chain of all-you-can-eat Korean barbecue restaurants mainly concentrated around the Western U.S. It opened in 2011, and has since grown to 43 locations as of 2024.

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.

GENK vs SPRY — Head-to-Head

Bigger by revenue
GENK
GENK
1.8× larger
GENK
$49.7M
$28.1M
SPRY
Growing faster (revenue YoY)
GENK
GENK
+58.6% gap
GENK
-9.0%
-67.6%
SPRY
Higher net margin
GENK
GENK
143.3% more per $
GENK
-3.8%
-147.1%
SPRY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GENK
GENK
SPRY
SPRY
Revenue
$49.7M
$28.1M
Net Profit
$-1.9M
$-41.3M
Gross Margin
Operating Margin
-24.5%
-147.6%
Net Margin
-3.8%
-147.1%
Revenue YoY
-9.0%
-67.6%
Net Profit YoY
-821.4%
-182.8%
EPS (diluted)
$-0.37
$-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.

Revenue
GENK
GENK
SPRY
SPRY
Q4 25
$49.7M
$28.1M
Q3 25
$50.4M
$32.5M
Q2 25
$55.0M
$15.7M
Q1 25
$57.3M
$8.0M
Q4 24
$54.7M
$86.6M
Q3 24
$49.1M
$2.1M
Q2 24
$53.9M
$500.0K
Q1 24
$50.8M
$0
Net Profit
GENK
GENK
SPRY
SPRY
Q4 25
$-1.9M
$-41.3M
Q3 25
$-566.0K
$-51.2M
Q2 25
$-261.0K
$-44.9M
Q1 25
$-301.0K
$-33.9M
Q4 24
$-206.0K
$49.9M
Q3 24
$25.0K
$-19.1M
Q2 24
$277.0K
$-12.5M
Q1 24
$496.0K
$-10.3M
Operating Margin
GENK
GENK
SPRY
SPRY
Q4 25
-24.5%
-147.6%
Q3 25
-7.4%
-163.7%
Q2 25
-3.4%
-302.9%
Q1 25
-3.8%
-466.3%
Q4 24
-2.4%
54.5%
Q3 24
0.2%
-1051.6%
Q2 24
3.0%
-3068.0%
Q1 24
0.2%
Net Margin
GENK
GENK
SPRY
SPRY
Q4 25
-3.8%
-147.1%
Q3 25
-1.1%
-157.4%
Q2 25
-0.5%
-285.6%
Q1 25
-0.5%
-425.7%
Q4 24
-0.4%
57.7%
Q3 24
0.1%
-925.0%
Q2 24
0.5%
-2503.2%
Q1 24
1.0%
EPS (diluted)
GENK
GENK
SPRY
SPRY
Q4 25
$-0.37
$-0.41
Q3 25
$-0.11
$-0.52
Q2 25
$-0.05
$-0.46
Q1 25
$-0.06
$-0.35
Q4 24
$-0.05
$0.52
Q3 24
$0.01
$-0.20
Q2 24
$0.06
$-0.13
Q1 24
$0.11
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GENK
GENK
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$2.8M
$245.0M
Total DebtLower is stronger
$13.6M
$96.4M
Stockholders' EquityBook value
$26.5M
$114.3M
Total Assets
$259.9M
$327.7M
Debt / EquityLower = less leverage
0.51×
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENK
GENK
SPRY
SPRY
Q4 25
$2.8M
$245.0M
Q3 25
$4.8M
$288.2M
Q2 25
$9.6M
$240.1M
Q1 25
$15.4M
$275.7M
Q4 24
$23.7M
$314.0M
Q3 24
$22.1M
$204.6M
Q2 24
$29.2M
$218.7M
Q1 24
$28.1M
$223.6M
Total Debt
GENK
GENK
SPRY
SPRY
Q4 25
$13.6M
$96.4M
Q3 25
$10.8M
$96.2M
Q2 25
$7.8M
Q1 25
$6.5M
Q4 24
$6.9M
$0
Q3 24
$7.2M
Q2 24
$7.6M
Q1 24
$7.7M
Stockholders' Equity
GENK
GENK
SPRY
SPRY
Q4 25
$26.5M
$114.3M
Q3 25
$38.1M
$147.7M
Q2 25
$41.0M
$192.3M
Q1 25
$42.8M
$229.0M
Q4 24
$44.1M
$256.8M
Q3 24
$46.5M
$201.0M
Q2 24
$45.9M
$215.2M
Q1 24
$40.4M
$223.9M
Total Assets
GENK
GENK
SPRY
SPRY
Q4 25
$259.9M
$327.7M
Q3 25
$245.5M
$372.8M
Q2 25
$246.3M
$313.5M
Q1 25
$232.4M
$327.3M
Q4 24
$240.4M
$351.2M
Q3 24
$225.7M
$217.6M
Q2 24
$218.8M
$222.0M
Q1 24
$214.5M
$227.6M
Debt / Equity
GENK
GENK
SPRY
SPRY
Q4 25
0.51×
0.84×
Q3 25
0.28×
0.65×
Q2 25
0.19×
Q1 25
0.15×
Q4 24
0.16×
0.00×
Q3 24
0.16×
Q2 24
0.17×
Q1 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GENK
GENK
SPRY
SPRY
Operating Cash FlowLast quarter
$-426.0K
$-43.5M
Free Cash FlowOCF − Capex
$-5.6M
FCF MarginFCF / Revenue
-11.3%
Capex IntensityCapex / Revenue
10.5%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GENK
GENK
SPRY
SPRY
Q4 25
$-426.0K
$-43.5M
Q3 25
$-1.6M
$-47.0M
Q2 25
$3.3M
$-39.6M
Q1 25
$2.2M
$-40.7M
Q4 24
$7.3M
$42.0M
Q3 24
$1.4M
$-14.5M
Q2 24
$5.6M
$-7.3M
Q1 24
$3.5M
$-6.7M
Free Cash Flow
GENK
GENK
SPRY
SPRY
Q4 25
$-5.6M
Q3 25
$-7.7M
$-47.2M
Q2 25
$-6.3M
$-39.6M
Q1 25
$-4.7M
$-40.8M
Q4 24
$165.0K
$41.7M
Q3 24
$-6.8M
$-14.6M
Q2 24
$1.2M
$-7.3M
Q1 24
$-586.0K
$-6.8M
FCF Margin
GENK
GENK
SPRY
SPRY
Q4 25
-11.3%
Q3 25
-15.3%
-145.4%
Q2 25
-11.5%
-252.2%
Q1 25
-8.2%
-512.1%
Q4 24
0.3%
48.2%
Q3 24
-13.9%
-706.3%
Q2 24
2.3%
-1463.4%
Q1 24
-1.2%
Capex Intensity
GENK
GENK
SPRY
SPRY
Q4 25
10.5%
0.0%
Q3 25
12.0%
0.6%
Q2 25
17.5%
0.3%
Q1 25
11.9%
1.1%
Q4 24
13.1%
0.3%
Q3 24
16.9%
6.8%
Q2 24
8.0%
7.6%
Q1 24
8.1%
Cash Conversion
GENK
GENK
SPRY
SPRY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.84×
Q3 24
57.96×
Q2 24
20.06×
Q1 24
7.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GENK
GENK

Segment breakdown not available.

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

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