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Side-by-side financial comparison of Aurora Mobile Ltd (JG) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.

ARS Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($28.1M vs $25.0M, roughly 1.1× Aurora Mobile Ltd). Aurora Mobile Ltd runs the higher net margin — -1.4% vs -147.1%, a 145.7% gap on every dollar of revenue.

Aurora Innovation, Inc., doing business as Aurora, is a self-driving vehicle technology company based in Pittsburgh, Pennsylvania. Aurora has developed the Aurora Driver, a computer system that can be integrated into cars for autonomous driving. It was co-founded by Chris Urmson, the former chief technology officer of Google/Alphabet Inc.'s self-driving team, which became known as Waymo, as well as by Sterling Anderson, former head of Tesla Autopilot, and Drew Bagnell, former head of Uber's a...

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.

JG vs SPRY — Head-to-Head

Bigger by revenue
SPRY
SPRY
1.1× larger
SPRY
$28.1M
$25.0M
JG
Higher net margin
JG
JG
145.7% more per $
JG
-1.4%
-147.1%
SPRY

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
JG
JG
SPRY
SPRY
Revenue
$25.0M
$28.1M
Net Profit
$-360.0K
$-41.3M
Gross Margin
66.3%
Operating Margin
-1.4%
-147.6%
Net Margin
-1.4%
-147.1%
Revenue YoY
-67.6%
Net Profit YoY
-182.8%
EPS (diluted)
$-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
JG
JG
SPRY
SPRY
Q4 25
$28.1M
Q3 25
$32.5M
Q2 25
$25.0M
$15.7M
Q1 25
$8.0M
Q4 24
$43.3M
$86.6M
Q3 24
$2.1M
Q2 24
$500.0K
Q1 24
$0
Net Profit
JG
JG
SPRY
SPRY
Q4 25
$-41.3M
Q3 25
$-51.2M
Q2 25
$-360.0K
$-44.9M
Q1 25
$-33.9M
Q4 24
$-965.0K
$49.9M
Q3 24
$-19.1M
Q2 24
$-12.5M
Q1 24
$-10.3M
Gross Margin
JG
JG
SPRY
SPRY
Q4 25
Q3 25
Q2 25
66.3%
Q1 25
Q4 24
66.1%
Q3 24
Q2 24
Q1 24
Operating Margin
JG
JG
SPRY
SPRY
Q4 25
-147.6%
Q3 25
-163.7%
Q2 25
-1.4%
-302.9%
Q1 25
-466.3%
Q4 24
-3.1%
54.5%
Q3 24
-1051.6%
Q2 24
-3068.0%
Q1 24
Net Margin
JG
JG
SPRY
SPRY
Q4 25
-147.1%
Q3 25
-157.4%
Q2 25
-1.4%
-285.6%
Q1 25
-425.7%
Q4 24
-2.2%
57.7%
Q3 24
-925.0%
Q2 24
-2503.2%
Q1 24
EPS (diluted)
JG
JG
SPRY
SPRY
Q4 25
$-0.41
Q3 25
$-0.52
Q2 25
$-0.46
Q1 25
$-0.35
Q4 24
$0.52
Q3 24
$-0.20
Q2 24
$-0.13
Q1 24
$-0.11

Balance Sheet & Financial Strength

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

Metric
JG
JG
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$16.7M
$245.0M
Total DebtLower is stronger
$96.4M
Stockholders' EquityBook value
$9.0M
$114.3M
Total Assets
$53.2M
$327.7M
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JG
JG
SPRY
SPRY
Q4 25
$245.0M
Q3 25
$288.2M
Q2 25
$16.7M
$240.1M
Q1 25
$275.7M
Q4 24
$16.3M
$314.0M
Q3 24
$204.6M
Q2 24
$218.7M
Q1 24
$223.6M
Total Debt
JG
JG
SPRY
SPRY
Q4 25
$96.4M
Q3 25
$96.2M
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
JG
JG
SPRY
SPRY
Q4 25
$114.3M
Q3 25
$147.7M
Q2 25
$9.0M
$192.3M
Q1 25
$229.0M
Q4 24
$9.3M
$256.8M
Q3 24
$201.0M
Q2 24
$215.2M
Q1 24
$223.9M
Total Assets
JG
JG
SPRY
SPRY
Q4 25
$327.7M
Q3 25
$372.8M
Q2 25
$53.2M
$313.5M
Q1 25
$327.3M
Q4 24
$51.8M
$351.2M
Q3 24
$217.6M
Q2 24
$222.0M
Q1 24
$227.6M
Debt / Equity
JG
JG
SPRY
SPRY
Q4 25
0.84×
Q3 25
0.65×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
JG
JG
SPRY
SPRY
Operating Cash FlowLast quarter
$795.0K
$-43.5M
Free Cash FlowOCF − Capex
$772.0K
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
0.1%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JG
JG
SPRY
SPRY
Q4 25
$-43.5M
Q3 25
$-47.0M
Q2 25
$795.0K
$-39.6M
Q1 25
$-40.7M
Q4 24
$1.2M
$42.0M
Q3 24
$-14.5M
Q2 24
$-7.3M
Q1 24
$-6.7M
Free Cash Flow
JG
JG
SPRY
SPRY
Q4 25
Q3 25
$-47.2M
Q2 25
$772.0K
$-39.6M
Q1 25
$-40.8M
Q4 24
$553.0K
$41.7M
Q3 24
$-14.6M
Q2 24
$-7.3M
Q1 24
$-6.8M
FCF Margin
JG
JG
SPRY
SPRY
Q4 25
Q3 25
-145.4%
Q2 25
3.1%
-252.2%
Q1 25
-512.1%
Q4 24
1.3%
48.2%
Q3 24
-706.3%
Q2 24
-1463.4%
Q1 24
Capex Intensity
JG
JG
SPRY
SPRY
Q4 25
0.0%
Q3 25
0.6%
Q2 25
0.1%
0.3%
Q1 25
1.1%
Q4 24
1.4%
0.3%
Q3 24
6.8%
Q2 24
7.6%
Q1 24
Cash Conversion
JG
JG
SPRY
SPRY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.84×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

JG
JG

Segment breakdown not available.

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

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