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Side-by-side financial comparison of RIVERVIEW BANCORP INC (RVSB) 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 $14.0M, roughly 2.0× RIVERVIEW BANCORP INC). RIVERVIEW BANCORP INC runs the higher net margin — 9.8% vs -147.1%, a 156.9% gap on every dollar of revenue. On growth, RIVERVIEW BANCORP INC posted the faster year-over-year revenue change (10.4% vs -67.6%).

Riverview Bancorp Inc. is a U.S.-based bank holding company operating Riverview Community Bank, primarily serving the Pacific Northwest region. It offers personal and commercial banking products including savings accounts, consumer loans, mortgages, commercial lending, and small business financial solutions for retail customers and local enterprises.

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.

RVSB vs SPRY — Head-to-Head

Bigger by revenue
SPRY
SPRY
2.0× larger
SPRY
$28.1M
$14.0M
RVSB
Growing faster (revenue YoY)
RVSB
RVSB
+77.9% gap
RVSB
10.4%
-67.6%
SPRY
Higher net margin
RVSB
RVSB
156.9% more per $
RVSB
9.8%
-147.1%
SPRY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
RVSB
RVSB
SPRY
SPRY
Revenue
$14.0M
$28.1M
Net Profit
$1.4M
$-41.3M
Gross Margin
Operating Margin
12.4%
-147.6%
Net Margin
9.8%
-147.1%
Revenue YoY
10.4%
-67.6%
Net Profit YoY
11.8%
-182.8%
EPS (diluted)
$0.07
$-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
RVSB
RVSB
SPRY
SPRY
Q4 25
$14.0M
$28.1M
Q3 25
$13.6M
$32.5M
Q2 25
$13.3M
$15.7M
Q1 25
$12.9M
$8.0M
Q4 24
$12.7M
$86.6M
Q3 24
$12.8M
$2.1M
Q2 24
$12.2M
$500.0K
Q1 24
$9.0M
$0
Net Profit
RVSB
RVSB
SPRY
SPRY
Q4 25
$1.4M
$-41.3M
Q3 25
$1.1M
$-51.2M
Q2 25
$1.2M
$-44.9M
Q1 25
$1.1M
$-33.9M
Q4 24
$1.2M
$49.9M
Q3 24
$1.6M
$-19.1M
Q2 24
$966.0K
$-12.5M
Q1 24
$-3.0M
$-10.3M
Operating Margin
RVSB
RVSB
SPRY
SPRY
Q4 25
12.4%
-147.6%
Q3 25
10.2%
-163.7%
Q2 25
11.7%
-302.9%
Q1 25
11.3%
-466.3%
Q4 24
12.4%
54.5%
Q3 24
15.5%
-1051.6%
Q2 24
10.0%
-3068.0%
Q1 24
-47.5%
Net Margin
RVSB
RVSB
SPRY
SPRY
Q4 25
9.8%
-147.1%
Q3 25
8.1%
-157.4%
Q2 25
9.2%
-285.6%
Q1 25
8.9%
-425.7%
Q4 24
9.7%
57.7%
Q3 24
12.2%
-925.0%
Q2 24
7.9%
-2503.2%
Q1 24
-34.7%
EPS (diluted)
RVSB
RVSB
SPRY
SPRY
Q4 25
$0.07
$-0.41
Q3 25
$0.05
$-0.52
Q2 25
$0.06
$-0.46
Q1 25
$0.05
$-0.35
Q4 24
$0.06
$0.52
Q3 24
$0.07
$-0.20
Q2 24
$0.05
$-0.13
Q1 24
$-0.14
$-0.11

Balance Sheet & Financial Strength

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

Metric
RVSB
RVSB
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$28.6M
$245.0M
Total DebtLower is stronger
$96.4M
Stockholders' EquityBook value
$164.2M
$114.3M
Total Assets
$1.5B
$327.7M
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RVSB
RVSB
SPRY
SPRY
Q4 25
$28.6M
$245.0M
Q3 25
$32.8M
$288.2M
Q2 25
$34.2M
$240.1M
Q1 25
$29.4M
$275.7M
Q4 24
$25.3M
$314.0M
Q3 24
$31.0M
$204.6M
Q2 24
$27.8M
$218.7M
Q1 24
$23.6M
$223.6M
Total Debt
RVSB
RVSB
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
RVSB
RVSB
SPRY
SPRY
Q4 25
$164.2M
$114.3M
Q3 25
$163.5M
$147.7M
Q2 25
$162.0M
$192.3M
Q1 25
$160.0M
$229.0M
Q4 24
$158.3M
$256.8M
Q3 24
$160.8M
$201.0M
Q2 24
$155.9M
$215.2M
Q1 24
$155.6M
$223.9M
Total Assets
RVSB
RVSB
SPRY
SPRY
Q4 25
$1.5B
$327.7M
Q3 25
$1.5B
$372.8M
Q2 25
$1.5B
$313.5M
Q1 25
$1.5B
$327.3M
Q4 24
$1.5B
$351.2M
Q3 24
$1.5B
$217.6M
Q2 24
$1.5B
$222.0M
Q1 24
$1.5B
$227.6M
Debt / Equity
RVSB
RVSB
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
RVSB
RVSB
SPRY
SPRY
Operating Cash FlowLast quarter
$-506.0K
$-43.5M
Free Cash FlowOCF − Capex
$-736.0K
FCF MarginFCF / Revenue
-5.2%
Capex IntensityCapex / Revenue
1.6%
0.0%
Cash ConversionOCF / Net Profit
-0.37×
TTM Free Cash FlowTrailing 4 quarters
$20.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RVSB
RVSB
SPRY
SPRY
Q4 25
$-506.0K
$-43.5M
Q3 25
$16.8M
$-47.0M
Q2 25
$-697.0K
$-39.6M
Q1 25
$8.3M
$-40.7M
Q4 24
$2.2M
$42.0M
Q3 24
$764.0K
$-14.5M
Q2 24
$5.4M
$-7.3M
Q1 24
$12.8M
$-6.7M
Free Cash Flow
RVSB
RVSB
SPRY
SPRY
Q4 25
$-736.0K
Q3 25
$16.4M
$-47.2M
Q2 25
$-773.0K
$-39.6M
Q1 25
$5.6M
$-40.8M
Q4 24
$1.9M
$41.7M
Q3 24
$-1.4M
$-14.6M
Q2 24
$5.3M
$-7.3M
Q1 24
$7.1M
$-6.8M
FCF Margin
RVSB
RVSB
SPRY
SPRY
Q4 25
-5.2%
Q3 25
120.1%
-145.4%
Q2 25
-5.8%
-252.2%
Q1 25
43.1%
-512.1%
Q4 24
15.0%
48.2%
Q3 24
-11.3%
-706.3%
Q2 24
43.7%
-1463.4%
Q1 24
79.0%
Capex Intensity
RVSB
RVSB
SPRY
SPRY
Q4 25
1.6%
0.0%
Q3 25
2.9%
0.6%
Q2 25
0.6%
0.3%
Q1 25
21.0%
1.1%
Q4 24
2.4%
0.3%
Q3 24
17.3%
6.8%
Q2 24
0.9%
7.6%
Q1 24
62.0%
Cash Conversion
RVSB
RVSB
SPRY
SPRY
Q4 25
-0.37×
Q3 25
15.25×
Q2 25
-0.57×
Q1 25
7.20×
Q4 24
1.79×
0.84×
Q3 24
0.49×
Q2 24
5.63×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

RVSB
RVSB

Segment breakdown not available.

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

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