vs

Side-by-side financial comparison of Silvercrest Asset Management Group Inc. (SAMG) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.

Silvercrest Asset Management Group Inc. is the larger business by last-quarter revenue ($32.0M vs $28.1M, roughly 1.1× ARS Pharmaceuticals, Inc.). Silvercrest Asset Management Group Inc. runs the higher net margin — -0.4% vs -147.1%, a 146.8% gap on every dollar of revenue. On growth, Silvercrest Asset Management Group Inc. posted the faster year-over-year revenue change (-0.0% vs -67.6%).

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.

SAMG vs SPRY — Head-to-Head

Bigger by revenue
SAMG
SAMG
1.1× larger
SAMG
$32.0M
$28.1M
SPRY
Growing faster (revenue YoY)
SAMG
SAMG
+67.6% gap
SAMG
-0.0%
-67.6%
SPRY
Higher net margin
SAMG
SAMG
146.8% more per $
SAMG
-0.4%
-147.1%
SPRY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SAMG
SAMG
SPRY
SPRY
Revenue
$32.0M
$28.1M
Net Profit
$-120.0K
$-41.3M
Gross Margin
Operating Margin
-2.8%
-147.6%
Net Margin
-0.4%
-147.1%
Revenue YoY
-0.0%
-67.6%
Net Profit YoY
-107.4%
-182.8%
EPS (diluted)
$0.02
$-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
SAMG
SAMG
SPRY
SPRY
Q4 25
$32.0M
$28.1M
Q3 25
$31.3M
$32.5M
Q2 25
$30.7M
$15.7M
Q1 25
$31.4M
$8.0M
Q4 24
$32.0M
$86.6M
Q3 24
$30.4M
$2.1M
Q2 24
$31.0M
$500.0K
Q1 24
$30.3M
$0
Net Profit
SAMG
SAMG
SPRY
SPRY
Q4 25
$-120.0K
$-41.3M
Q3 25
$618.0K
$-51.2M
Q2 25
$1.9M
$-44.9M
Q1 25
$2.5M
$-33.9M
Q4 24
$1.6M
$49.9M
Q3 24
$2.3M
$-19.1M
Q2 24
$2.7M
$-12.5M
Q1 24
$3.0M
$-10.3M
Operating Margin
SAMG
SAMG
SPRY
SPRY
Q4 25
-2.8%
-147.6%
Q3 25
4.3%
-163.7%
Q2 25
13.2%
-302.9%
Q1 25
15.4%
-466.3%
Q4 24
6.1%
54.5%
Q3 24
14.6%
-1051.6%
Q2 24
17.1%
-3068.0%
Q1 24
19.5%
Net Margin
SAMG
SAMG
SPRY
SPRY
Q4 25
-0.4%
-147.1%
Q3 25
2.0%
-157.4%
Q2 25
6.3%
-285.6%
Q1 25
7.9%
-425.7%
Q4 24
5.1%
57.7%
Q3 24
7.4%
-925.0%
Q2 24
8.6%
-2503.2%
Q1 24
9.9%
EPS (diluted)
SAMG
SAMG
SPRY
SPRY
Q4 25
$0.02
$-0.41
Q3 25
$0.07
$-0.52
Q2 25
$0.21
$-0.46
Q1 25
$0.26
$-0.35
Q4 24
$0.16
$0.52
Q3 24
$0.24
$-0.20
Q2 24
$0.28
$-0.13
Q1 24
$0.32
$-0.11

Balance Sheet & Financial Strength

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

Metric
SAMG
SAMG
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$44.1M
$245.0M
Total DebtLower is stronger
$96.4M
Stockholders' EquityBook value
$50.3M
$114.3M
Total Assets
$166.6M
$327.7M
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAMG
SAMG
SPRY
SPRY
Q4 25
$44.1M
$245.0M
Q3 25
$36.1M
$288.2M
Q2 25
$30.0M
$240.1M
Q1 25
$36.3M
$275.7M
Q4 24
$68.6M
$314.0M
Q3 24
$58.1M
$204.6M
Q2 24
$49.9M
$218.7M
Q1 24
$39.7M
$223.6M
Total Debt
SAMG
SAMG
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
SAMG
SAMG
SPRY
SPRY
Q4 25
$50.3M
$114.3M
Q3 25
$58.9M
$147.7M
Q2 25
$64.6M
$192.3M
Q1 25
$80.0M
$229.0M
Q4 24
$80.7M
$256.8M
Q3 24
$84.6M
$201.0M
Q2 24
$85.3M
$215.2M
Q1 24
$83.9M
$223.9M
Total Assets
SAMG
SAMG
SPRY
SPRY
Q4 25
$166.6M
$327.7M
Q3 25
$157.6M
$372.8M
Q2 25
$152.7M
$313.5M
Q1 25
$159.9M
$327.3M
Q4 24
$194.4M
$351.2M
Q3 24
$184.2M
$217.6M
Q2 24
$177.6M
$222.0M
Q1 24
$170.2M
$227.6M
Debt / Equity
SAMG
SAMG
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
SAMG
SAMG
SPRY
SPRY
Operating Cash FlowLast quarter
$18.6M
$-43.5M
Free Cash FlowOCF − Capex
$15.0M
FCF MarginFCF / Revenue
46.9%
Capex IntensityCapex / Revenue
11.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAMG
SAMG
SPRY
SPRY
Q4 25
$18.6M
$-43.5M
Q3 25
$14.6M
$-47.0M
Q2 25
$13.8M
$-39.6M
Q1 25
$-24.7M
$-40.7M
Q4 24
$21.6M
$42.0M
Q3 24
$13.3M
$-14.5M
Q2 24
$16.0M
$-7.3M
Q1 24
$-24.1M
$-6.7M
Free Cash Flow
SAMG
SAMG
SPRY
SPRY
Q4 25
$15.0M
Q3 25
$13.8M
$-47.2M
Q2 25
$13.4M
$-39.6M
Q1 25
$-25.1M
$-40.8M
Q4 24
$19.9M
$41.7M
Q3 24
$12.9M
$-14.6M
Q2 24
$15.6M
$-7.3M
Q1 24
$-24.7M
$-6.8M
FCF Margin
SAMG
SAMG
SPRY
SPRY
Q4 25
46.9%
Q3 25
44.1%
-145.4%
Q2 25
43.6%
-252.2%
Q1 25
-80.0%
-512.1%
Q4 24
62.2%
48.2%
Q3 24
42.4%
-706.3%
Q2 24
50.4%
-1463.4%
Q1 24
-81.6%
Capex Intensity
SAMG
SAMG
SPRY
SPRY
Q4 25
11.4%
0.0%
Q3 25
2.6%
0.6%
Q2 25
1.5%
0.3%
Q1 25
1.3%
1.1%
Q4 24
5.3%
0.3%
Q3 24
1.2%
6.8%
Q2 24
1.1%
7.6%
Q1 24
2.0%
Cash Conversion
SAMG
SAMG
SPRY
SPRY
Q4 25
Q3 25
23.62×
Q2 25
7.22×
Q1 25
-10.01×
Q4 24
13.34×
0.84×
Q3 24
5.90×
Q2 24
6.00×
Q1 24
-8.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SAMG
SAMG

Investment Advisory Management And Administrative Service$30.7M96%
Tax And Family Office Services$1.2M4%

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

Related Comparisons