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Side-by-side financial comparison of NorthEast Community Bancorp, Inc. (NECB) 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 $26.4M, roughly 1.1× NorthEast Community Bancorp, Inc.). NorthEast Community Bancorp, Inc. runs the higher net margin — 40.9% vs -147.1%, a 188.0% gap on every dollar of revenue. On growth, NorthEast Community Bancorp, Inc. posted the faster year-over-year revenue change (3.9% vs -67.6%).

NorthEast Community Bancorp, Inc. (MD) is a U.S.-based bank holding company operating primarily in the Mid-Atlantic region. It provides a comprehensive suite of consumer and commercial banking services, including deposit products, mortgage loans, small business financing, and wealth management solutions to individual and local enterprise clients.

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.

NECB vs SPRY — Head-to-Head

Bigger by revenue
SPRY
SPRY
1.1× larger
SPRY
$28.1M
$26.4M
NECB
Growing faster (revenue YoY)
NECB
NECB
+71.5% gap
NECB
3.9%
-67.6%
SPRY
Higher net margin
NECB
NECB
188.0% more per $
NECB
40.9%
-147.1%
SPRY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NECB
NECB
SPRY
SPRY
Revenue
$26.4M
$28.1M
Net Profit
$10.8M
$-41.3M
Gross Margin
Operating Margin
59.0%
-147.6%
Net Margin
40.9%
-147.1%
Revenue YoY
3.9%
-67.6%
Net Profit YoY
5.8%
-182.8%
EPS (diluted)
$0.78
$-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
NECB
NECB
SPRY
SPRY
Q4 25
$26.4M
$28.1M
Q3 25
$27.0M
$32.5M
Q2 25
$25.9M
$15.7M
Q1 25
$25.5M
$8.0M
Q4 24
$25.4M
$86.6M
Q3 24
$27.6M
$2.1M
Q2 24
$27.0M
$500.0K
Q1 24
$25.5M
$0
Net Profit
NECB
NECB
SPRY
SPRY
Q4 25
$10.8M
$-41.3M
Q3 25
$11.9M
$-51.2M
Q2 25
$11.2M
$-44.9M
Q1 25
$10.6M
$-33.9M
Q4 24
$10.2M
$49.9M
Q3 24
$12.7M
$-19.1M
Q2 24
$12.8M
$-12.5M
Q1 24
$11.4M
$-10.3M
Operating Margin
NECB
NECB
SPRY
SPRY
Q4 25
59.0%
-147.6%
Q3 25
61.6%
-163.7%
Q2 25
59.5%
-302.9%
Q1 25
57.4%
-466.3%
Q4 24
57.0%
54.5%
Q3 24
63.6%
-1051.6%
Q2 24
65.6%
-3068.0%
Q1 24
62.7%
Net Margin
NECB
NECB
SPRY
SPRY
Q4 25
40.9%
-147.1%
Q3 25
44.0%
-157.4%
Q2 25
43.1%
-285.6%
Q1 25
41.4%
-425.7%
Q4 24
40.1%
57.7%
Q3 24
45.9%
-925.0%
Q2 24
47.5%
-2503.2%
Q1 24
44.5%
EPS (diluted)
NECB
NECB
SPRY
SPRY
Q4 25
$0.78
$-0.41
Q3 25
$0.87
$-0.52
Q2 25
$0.82
$-0.46
Q1 25
$0.78
$-0.35
Q4 24
$0.74
$0.52
Q3 24
$0.95
$-0.20
Q2 24
$0.97
$-0.13
Q1 24
$0.86
$-0.11

Balance Sheet & Financial Strength

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

Metric
NECB
NECB
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$81.2M
$245.0M
Total DebtLower is stronger
$70.0M
$96.4M
Stockholders' EquityBook value
$351.7M
$114.3M
Total Assets
$2.1B
$327.7M
Debt / EquityLower = less leverage
0.20×
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NECB
NECB
SPRY
SPRY
Q4 25
$81.2M
$245.0M
Q3 25
$64.3M
$288.2M
Q2 25
$59.4M
$240.1M
Q1 25
$89.5M
$275.7M
Q4 24
$78.3M
$314.0M
Q3 24
$97.8M
$204.6M
Q2 24
$113.9M
$218.7M
Q1 24
$107.4M
$223.6M
Total Debt
NECB
NECB
SPRY
SPRY
Q4 25
$70.0M
$96.4M
Q3 25
$170.0M
$96.2M
Q2 25
$135.0M
Q1 25
Q4 24
$0
Q3 24
$7.0M
Q2 24
$47.0M
Q1 24
$47.0M
Stockholders' Equity
NECB
NECB
SPRY
SPRY
Q4 25
$351.7M
$114.3M
Q3 25
$344.0M
$147.7M
Q2 25
$336.7M
$192.3M
Q1 25
$327.2M
$229.0M
Q4 24
$318.3M
$256.8M
Q3 24
$309.6M
$201.0M
Q2 24
$300.0M
$215.2M
Q1 24
$288.9M
$223.9M
Total Assets
NECB
NECB
SPRY
SPRY
Q4 25
$2.1B
$327.7M
Q3 25
$2.1B
$372.8M
Q2 25
$2.0B
$313.5M
Q1 25
$1.9B
$327.3M
Q4 24
$2.0B
$351.2M
Q3 24
$2.0B
$217.6M
Q2 24
$1.9B
$222.0M
Q1 24
$1.9B
$227.6M
Debt / Equity
NECB
NECB
SPRY
SPRY
Q4 25
0.20×
0.84×
Q3 25
0.49×
0.65×
Q2 25
0.40×
Q1 25
Q4 24
0.00×
Q3 24
0.02×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

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

Metric
NECB
NECB
SPRY
SPRY
Operating Cash FlowLast quarter
$52.6M
$-43.5M
Free Cash FlowOCF − Capex
$50.8M
FCF MarginFCF / Revenue
192.3%
Capex IntensityCapex / Revenue
6.6%
0.0%
Cash ConversionOCF / Net Profit
4.86×
TTM Free Cash FlowTrailing 4 quarters
$89.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NECB
NECB
SPRY
SPRY
Q4 25
$52.6M
$-43.5M
Q3 25
$14.1M
$-47.0M
Q2 25
$15.6M
$-39.6M
Q1 25
$10.9M
$-40.7M
Q4 24
$48.7M
$42.0M
Q3 24
$14.4M
$-14.5M
Q2 24
$11.1M
$-7.3M
Q1 24
$12.9M
$-6.7M
Free Cash Flow
NECB
NECB
SPRY
SPRY
Q4 25
$50.8M
Q3 25
$13.6M
$-47.2M
Q2 25
$14.9M
$-39.6M
Q1 25
$10.6M
$-40.8M
Q4 24
$48.2M
$41.7M
Q3 24
$14.2M
$-14.6M
Q2 24
$11.0M
$-7.3M
Q1 24
$12.8M
$-6.8M
FCF Margin
NECB
NECB
SPRY
SPRY
Q4 25
192.3%
Q3 25
50.5%
-145.4%
Q2 25
57.3%
-252.2%
Q1 25
41.4%
-512.1%
Q4 24
189.3%
48.2%
Q3 24
51.5%
-706.3%
Q2 24
40.8%
-1463.4%
Q1 24
50.3%
Capex Intensity
NECB
NECB
SPRY
SPRY
Q4 25
6.6%
0.0%
Q3 25
1.6%
0.6%
Q2 25
2.9%
0.3%
Q1 25
1.5%
1.1%
Q4 24
2.0%
0.3%
Q3 24
0.6%
6.8%
Q2 24
0.5%
7.6%
Q1 24
0.3%
Cash Conversion
NECB
NECB
SPRY
SPRY
Q4 25
4.86×
Q3 25
1.18×
Q2 25
1.40×
Q1 25
1.04×
Q4 24
4.77×
0.84×
Q3 24
1.14×
Q2 24
0.87×
Q1 24
1.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NECB
NECB

Segment breakdown not available.

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

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