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Side-by-side financial comparison of SANDRIDGE ENERGY INC (SD) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.
SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $28.1M, roughly 1.4× ARS Pharmaceuticals, Inc.). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -147.1%, a 202.1% gap on every dollar of revenue. On growth, SANDRIDGE ENERGY INC posted the faster year-over-year revenue change (1.1% vs -67.6%).
SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.
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.
SD vs SPRY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $39.4M | $28.1M |
| Net Profit | $21.6M | $-41.3M |
| Gross Margin | — | — |
| Operating Margin | 38.5% | -147.6% |
| Net Margin | 54.9% | -147.1% |
| Revenue YoY | 1.1% | -67.6% |
| Net Profit YoY | 23.1% | -182.8% |
| EPS (diluted) | $0.59 | $-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.
| Q4 25 | $39.4M | $28.1M | ||
| Q3 25 | $39.8M | $32.5M | ||
| Q2 25 | $34.5M | $15.7M | ||
| Q1 25 | $42.6M | $8.0M | ||
| Q4 24 | $39.0M | $86.6M | ||
| Q3 24 | $30.1M | $2.1M | ||
| Q2 24 | $26.0M | $500.0K | ||
| Q1 24 | $30.3M | $0 |
| Q4 25 | $21.6M | $-41.3M | ||
| Q3 25 | $16.0M | $-51.2M | ||
| Q2 25 | $19.6M | $-44.9M | ||
| Q1 25 | $13.0M | $-33.9M | ||
| Q4 24 | $17.6M | $49.9M | ||
| Q3 24 | $25.5M | $-19.1M | ||
| Q2 24 | $8.8M | $-12.5M | ||
| Q1 24 | $11.1M | $-10.3M |
| Q4 25 | 38.5% | -147.6% | ||
| Q3 25 | 37.8% | -163.7% | ||
| Q2 25 | 53.7% | -302.9% | ||
| Q1 25 | 28.6% | -466.3% | ||
| Q4 24 | 25.9% | 54.5% | ||
| Q3 24 | 28.3% | -1051.6% | ||
| Q2 24 | 23.9% | -3068.0% | ||
| Q1 24 | 27.8% | — |
| Q4 25 | 54.9% | -147.1% | ||
| Q3 25 | 40.1% | -157.4% | ||
| Q2 25 | 56.6% | -285.6% | ||
| Q1 25 | 30.6% | -425.7% | ||
| Q4 24 | 45.1% | 57.7% | ||
| Q3 24 | 84.8% | -925.0% | ||
| Q2 24 | 33.9% | -2503.2% | ||
| Q1 24 | 36.7% | — |
| Q4 25 | $0.59 | $-0.41 | ||
| Q3 25 | $0.43 | $-0.52 | ||
| Q2 25 | $0.53 | $-0.46 | ||
| Q1 25 | $0.35 | $-0.35 | ||
| Q4 24 | $0.46 | $0.52 | ||
| Q3 24 | $0.69 | $-0.20 | ||
| Q2 24 | $0.24 | $-0.13 | ||
| Q1 24 | $0.30 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.0M | $245.0M |
| Total DebtLower is stronger | — | $96.4M |
| Stockholders' EquityBook value | $510.9M | $114.3M |
| Total Assets | $644.0M | $327.7M |
| Debt / EquityLower = less leverage | — | 0.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.0M | $245.0M | ||
| Q3 25 | $101.2M | $288.2M | ||
| Q2 25 | $102.8M | $240.1M | ||
| Q1 25 | $99.7M | $275.7M | ||
| Q4 24 | $98.1M | $314.0M | ||
| Q3 24 | $92.7M | $204.6M | ||
| Q2 24 | $209.9M | $218.7M | ||
| Q1 24 | $207.0M | $223.6M |
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $96.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $510.9M | $114.3M | ||
| Q3 25 | $492.4M | $147.7M | ||
| Q2 25 | $480.2M | $192.3M | ||
| Q1 25 | $464.9M | $229.0M | ||
| Q4 24 | $460.5M | $256.8M | ||
| Q3 24 | $446.8M | $201.0M | ||
| Q2 24 | $424.8M | $215.2M | ||
| Q1 24 | $419.7M | $223.9M |
| Q4 25 | $644.0M | $327.7M | ||
| Q3 25 | $619.0M | $372.8M | ||
| Q2 25 | $602.3M | $313.5M | ||
| Q1 25 | $588.3M | $327.3M | ||
| Q4 24 | $581.5M | $351.2M | ||
| Q3 24 | $565.2M | $217.6M | ||
| Q2 24 | $529.6M | $222.0M | ||
| Q1 24 | $527.4M | $227.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $31.7M | $-43.5M |
| Free Cash FlowOCF − Capex | $14.4M | — |
| FCF MarginFCF / Revenue | 36.6% | — |
| Capex IntensityCapex / Revenue | 43.8% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | $41.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.7M | $-43.5M | ||
| Q3 25 | $25.3M | $-47.0M | ||
| Q2 25 | $22.9M | $-39.6M | ||
| Q1 25 | $20.3M | $-40.7M | ||
| Q4 24 | $26.0M | $42.0M | ||
| Q3 24 | $20.8M | $-14.5M | ||
| Q2 24 | $11.4M | $-7.3M | ||
| Q1 24 | $15.7M | $-6.7M |
| Q4 25 | $14.4M | — | ||
| Q3 25 | $5.9M | $-47.2M | ||
| Q2 25 | $7.3M | $-39.6M | ||
| Q1 25 | $13.9M | $-40.8M | ||
| Q4 24 | $13.2M | $41.7M | ||
| Q3 24 | $10.8M | $-14.6M | ||
| Q2 24 | $9.0M | $-7.3M | ||
| Q1 24 | $14.6M | $-6.8M |
| Q4 25 | 36.6% | — | ||
| Q3 25 | 14.9% | -145.4% | ||
| Q2 25 | 21.0% | -252.2% | ||
| Q1 25 | 32.7% | -512.1% | ||
| Q4 24 | 33.8% | 48.2% | ||
| Q3 24 | 36.1% | -706.3% | ||
| Q2 24 | 34.5% | -1463.4% | ||
| Q1 24 | 48.1% | — |
| Q4 25 | 43.8% | 0.0% | ||
| Q3 25 | 48.6% | 0.6% | ||
| Q2 25 | 45.2% | 0.3% | ||
| Q1 25 | 15.0% | 1.1% | ||
| Q4 24 | 32.9% | 0.3% | ||
| Q3 24 | 33.3% | 6.8% | ||
| Q2 24 | 9.4% | 7.6% | ||
| Q1 24 | 3.7% | — |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.58× | — | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 1.48× | 0.84× | ||
| Q3 24 | 0.82× | — | ||
| Q2 24 | 1.30× | — | ||
| Q1 24 | 1.41× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
SPRY
| Products | $20.3M | 72% |
| Other | $7.8M | 28% |
