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ARS Pharmaceuticals, Inc.

$4.5 -$6.99 (-60.84%)
NASDAQ · 14 Sep 2026 20:00 UTC
Previous Close
$4.76
Day Range
$4.46$4.9
Year Range
$4.46$13.15
Market Cap
446.86M
AVG Volume
1.93M
Trailing/Forward PE
-2.06/-
PEG ratio
0.04
Dividend Yield
-
Next Earnings Date
2026-11-09
Primary Exchange
NASDAQUS
Revenue (USD)
025M50M75M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q233.66M
26 Q122.68M
25 Q428.09M
25 Q332.5M
25 Q215.72M
25 Q17.97M
24 Q486.58M
24 Q32.07M
24 Q2500K
24 Q10
Net Income (USD)
-100M-50M050M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-62.34M
26 Q1-60.62M
25 Q4-41.32M
25 Q3-51.15M
25 Q2-44.88M
25 Q1-33.94M
24 Q449.93M
24 Q3-19.13M
24 Q2-12.52M
24 Q1-10.29M
Operating Income (USD)
-100M-50M050M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-61.47M
26 Q1-60.15M
25 Q4-41.47M
25 Q3-53.19M
25 Q2-47.61M
25 Q1-37.18M
24 Q447.2M
24 Q3-21.75M
24 Q2-15.34M
24 Q1-13.19M
EBITDA (USD)
-100M-50M050M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-59.44M
26 Q1-57.78M
25 Q4-40.99M
25 Q3-48.8M
25 Q2-44.6M
25 Q1-33.66M
24 Q450.25M
24 Q3-19.11M
24 Q2-12.5M
24 Q1-10.28M
Cash Flows (USD)
-100M-50M050M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-60.93M
26 Q1-44.95M
25 Q4-43.48M
25 Q3-47.24M
25 Q2-39.64M
25 Q1-40.83M
24 Q441.7M
24 Q3-14.61M
24 Q2-7.32M
24 Q1-6.79M
EPS (USD)
-1-0.500.5124 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.63
26 Q1-0.61
25 Q4-0.42
25 Q3-0.52
25 Q2-0.46
25 Q1-0.35
24 Q40.51
24 Q3-0.2
24 Q2-0.13
24 Q1-0.11
Expenses (USD)
025M50M75M100MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q282.28M
26 Q176.54M
25 Q463.4M
25 Q377.7M
25 Q258.4M
25 Q13.04M
24 Q43.33M
24 Q323.84M
24 Q215.88M
24 Q15.32M
Cash & Debt (USD)
0100M200M300M400MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2143.84M
26 Q1200.97M
25 Q4244.99M
25 Q3288.21M
25 Q2240.13M
25 Q1275.73M
24 Q4314.02M
24 Q3204.62M
24 Q2218.74M
24 Q1223.63M
Debt ratios
-40-2002024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Debt ratios by quarter
PeriodDebt ratios
26 Q2-0.13
26 Q10.54
25 Q40.88
25 Q33.73
25 Q25.06
25 Q118.36
24 Q4-37.53
24 Q34.17
24 Q24.88
24 Q14.5
Margins
-80000%-60000%-40000%-20000%0%20000%23 Q224 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Margins by quarter
PeriodMargins
26 Q261.83%
26 Q172.29%
25 Q488.6%
25 Q374.8%
25 Q268.29%
25 Q149.25%
24 Q495.5%
24 Q394.58%
24 Q2-1279.2%
23 Q2-71980%
Return on Capital
-600%-400%-200%0%200%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Return on Capital by quarter
PeriodReturn on Capital
26 Q2-498.23%
26 Q1-98.87%
25 Q4-36.17%
25 Q3-34.64%
25 Q2-23.34%
25 Q1-14.82%
24 Q419.44%
24 Q3-9.52%
24 Q2-5.81%
24 Q1-4.6%
Shares Outstanding
025M50M75M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Shares Outstanding by quarter
PeriodShares Outstanding
26 Q299.31M
26 Q199.3M
25 Q498.57M
25 Q398.81M
25 Q298.36M
25 Q198.06M
24 Q497.95M
24 Q397.03M
24 Q296.83M
24 Q196.49M
Book Value Per Share (USD)
012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q20.13
26 Q10.62
25 Q41.16
25 Q31.49
25 Q21.96
25 Q12.34
24 Q42.62
24 Q32.07
24 Q22.22
24 Q12.32
Total Assets (USD)
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SPRY Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2249.5M
26 Q1287.57M
25 Q4327.65M
25 Q3372.8M
25 Q2313.47M
25 Q1327.32M
24 Q4351.15M
24 Q3217.6M
24 Q2221.97M
24 Q1227.58M
Employee Count
05010015020020212022202320242025
SPRY Employee Count by quarter
PeriodEmployee Count
2025158
2024155
202324
202217
202190
PE Ratio
150160170180190med 166.62Mar 25Apr 25Apr 25May 25
SPRY PE Ratio by quarter
PeriodPE Ratio
May 25164.6
May 25177.1
Apr 25168.65
Apr 25182.24
Apr 25172.08
Apr 25156.77
Mar 25152.97
Mar 25151.38
Free Cash Flow Yield
-60%-40%-20%0%20%med -5.47%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SPRY Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-43.99%
Sep 26-41.59%
Sep 26-35.22%
Aug 26-33.61%
Aug 26-35.93%
Aug 26-35.04%
Aug 26-28.66%
Jul 26-34.42%
Jul 26-29.72%
Jul 26-25.22%
Jul 26-22.24%
Jul 26-20.63%
Jun 26-20.67%
Jun 26-18.3%
Jun 26-18.09%
Jun 26-20.63%
May 26-19.47%
May 26-22.24%
May 26-23.76%
May 26-19.87%
May 26-20.29%
Apr 26-20.95%
Apr 26-21.23%
Apr 26-21.58%
Apr 26-20.93%
Mar 26-21.52%
Mar 26-21.26%
Mar 26-20.7%
Mar 26-9.61%
Feb 26-9.38%
Feb 26-9.67%
Feb 26-9.84%
Feb 26-8.68%
Jan 26-8.71%
Jan 26-8.53%
Jan 26-8.19%
Jan 26-6.67%
Jan 26-7.58%
Dec 25-7.65%
Dec 25-8.3%
Dec 25-8.5%
Dec 25-8.77%
Nov 25-9.13%
Nov 25-11.47%
Nov 25-10.6%
Nov 25-6.13%
Oct 25-6.06%
Oct 25-5.96%
Oct 25-5.4%
Oct 25-4.79%
Oct 25-5.26%
Sep 25-5.54%
Sep 25-5.54%
Sep 25-5.41%
Sep 25-5.39%
Aug 25-4.67%
Aug 25-4.02%
Aug 25-3.74%
Aug 25-1.23%
Aug 25-1.25%
Jul 25-1.2%
Jul 25-1.2%
Jul 25-1.21%
Jul 25-1.3%
Jun 25-1.18%
Jun 25-1.36%
Jun 25-1.4%
Jun 25-1.48%
May 25-1.49%
May 25-1.43%
May 25-1.58%
May 250.99%
May 250.92%
Apr 250.96%
Apr 250.89%
Apr 250.94%
Apr 251.04%
Mar 251.06%
Mar 251.07%
Mar 25-4%
Mar 25-4.37%
Feb 25-4.53%
Feb 25-4.22%
Feb 25-3.95%
Feb 25-3.98%
Jan 25-3.64%
Jan 25-3.37%
Jan 25-3.77%
Jan 25-4.22%
Jan 25-4.24%
Dec 24-4.4%
Dec 24-4.24%
Dec 24-3.99%
Dec 24-3.38%
Nov 24-3.27%
Nov 24-3.39%
Nov 24-3.39%
Nov 24-2.68%
Nov 24-2.99%
Oct 24-3.09%
Price to Sales
01000200030004000med 9.75Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SPRY Price to Sales by quarter
PeriodPrice to Sales
Sep 263.82
Sep 264.04
Sep 264.77
Aug 265
Aug 264.68
Aug 264.8
Aug 266.18
Jul 265.15
Jul 265.96
Jul 267.02
Jul 267.96
Jul 268.59
Jun 268.57
Jun 269.68
Jun 269.79
Jun 268.59
May 269.1
May 267.96
May 267.45
May 2610.22
May 2610.01
Apr 269.7
Apr 269.57
Apr 269.41
Apr 269.71
Mar 269.44
Mar 269.56
Mar 269.81
Mar 266.27
Feb 266.42
Feb 266.23
Feb 266.12
Feb 266.94
Jan 266.91
Jan 267.07
Jan 267.36
Jan 269.04
Jan 267.95
Dec 257.88
Dec 257.26
Dec 257.09
Dec 256.87
Nov 256.6
Nov 255.25
Nov 255.68
Nov 257.75
Oct 257.85
Oct 257.98
Oct 258.8
Oct 259.91
Oct 259.03
Sep 258.58
Sep 258.57
Sep 258.78
Sep 258.82
Aug 2510.17
Aug 2511.82
Aug 2512.72
Aug 2517.67
Aug 2517.35
Jul 2518.04
Jul 2518.09
Jul 2517.86
Jul 2516.68
Jun 2518.38
Jun 2515.95
Jun 2515.54
Jun 2514.63
May 2514.57
May 2515.12
May 2513.73
May 2514.77
May 2515.89
Apr 2515.13
Apr 2516.35
Apr 2515.44
Apr 2514.06
Mar 2513.72
Mar 2513.58
Mar 25448.51
Mar 25409.97
Feb 25395.99
Feb 25424.71
Feb 25454.18
Feb 25450.4
Jan 25491.96
Jan 25532.02
Jan 25474.96
Jan 25424.71
Jan 25422.82
Dec 24407.7
Dec 24422.44
Dec 24449.64
Dec 24529.75
Nov 24548.26
Nov 24528.99
Nov 24529.37
Nov 243299.89
Nov 242955.18
Oct 242860.29
EV/EBITDA
100110120130140med 121.78Mar 25Apr 25Apr 25May 25
SPRY EV/EBITDA by quarter
PeriodEV/EBITDA
May 25119.85
May 25131.79
Apr 25123.71
Apr 25136.71
Apr 25126.99
Apr 25112.35
Mar 25108.72
Mar 25107.2
Price/Operating Cashflow
859095100105110med 98.37Mar 25Apr 25Apr 25May 25
SPRY Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
May 2597.17
May 25104.55
Apr 2599.56
Apr 25107.58
Apr 25101.58
Apr 2592.55
Mar 2590.3
Mar 2589.36
Price to Book
0204060med 6.77Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SPRY Price to Book by quarter
PeriodPrice to Book
Sep 2635.72
Sep 2637.78
Sep 2644.61
Aug 2646.75
Aug 2643.73
Aug 2644.85
Aug 269.98
Jul 268.31
Jul 269.62
Jul 2611.34
Jul 2612.86
Jul 2613.86
Jun 2613.83
Jun 2615.63
Jun 2615.81
Jun 2613.86
May 2614.69
May 2612.86
May 2612.03
May 267.54
May 267.38
Apr 267.15
Apr 267.06
Apr 266.94
Apr 267.16
Mar 266.96
Mar 267.05
Mar 267.24
Mar 266.06
Feb 266.21
Feb 266.02
Feb 265.92
Feb 266.71
Jan 266.69
Jan 266.83
Jan 267.11
Jan 268.74
Jan 267.69
Dec 257.62
Dec 257.02
Dec 256.85
Dec 256.64
Nov 256.38
Nov 255.08
Nov 255.49
Nov 254.53
Oct 254.58
Oct 254.66
Oct 255.14
Oct 255.79
Oct 255.27
Sep 255.01
Sep 255.01
Sep 255.13
Sep 255.15
Aug 255.94
Aug 256.9
Aug 257.43
Aug 257.49
Aug 257.36
Jul 257.65
Jul 257.67
Jul 257.58
Jul 257.07
Jun 257.79
Jun 256.77
Jun 256.59
Jun 256.21
May 256.18
May 256.42
May 255.82
May 255.13
May 255.52
Apr 255.25
Apr 255.68
Apr 255.36
Apr 254.88
Mar 254.76
Mar 254.71
Mar 255.73
Mar 255.24
Feb 255.06
Feb 255.43
Feb 255.8
Feb 255.75
Jan 256.29
Jan 256.8
Jan 256.07
Jan 255.43
Jan 255.4
Dec 245.21
Dec 245.4
Dec 245.75
Dec 246.77
Nov 247.01
Nov 246.76
Nov 246.76
Nov 247.67
Nov 246.86
Oct 246.64
ARS Pharmaceuticals, Inc.
SPRY
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News: SPRY

Kaplan Fox Advises ARS Pharmaceuticals Inc. (SPRY) Investors of a Securities Class Action Deadline on October 5, 2026

newsfilecorp.com · 14 Sep 2026

Kaplan Fox Advises ARS Pharmaceuticals Inc. (SPRY) Investors of a Securities Class Action Deadline on October 5, 2026

New York, New York--(Newsfile Corp. - September 14, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against ARS Pharmaceuticals Inc. ("ARS" or the "Company") (NASDAQ: SPRY) on behalf of investors that purchased or otherwise acquired ARS securities between March 9, 2026 and June 24, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in ARS and have suffered losses, you may CLICK HERE to contact us.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 5, 2026 in ARS Pharmaceuticals Inc. Lawsuit - SPRY

globenewswire.com · 14 Sep 2026

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 5, 2026 in ARS Pharmaceuticals Inc. Lawsuit - SPRY

NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in ARS Pharmaceuticals Inc. (NASDAQ: SPRY) that a securities class action has been filed on behalf of shareholders who purchased securities between March 9, 2026 and June 24, 2026.

Bronstein, Gewirtz & Grossman LLC Urges ARS Pharmaceuticals Inc. Investors to Act: Class Action Filed Alleging Investor Harm

globenewswire.com · 14 Sep 2026

Bronstein, Gewirtz & Grossman LLC Urges ARS Pharmaceuticals Inc. Investors to Act: Class Action Filed Alleging Investor Harm

NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against ARS Pharmaceuticals Inc. (NASDAQ: SPRY) and certain of its officers.

SPRY EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds ARS Pharmaceuticals Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

newsfilecorp.com · 14 Sep 2026

SPRY EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds ARS Pharmaceuticals Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In ARS Pharmaceuticals To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in ARS Pharmaceuticals between March 9, 2026 and June 24, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - September 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ARS Pharmaceuticals Inc. (""ARS Pharmaceuticals" or the "Company") (NASDAQ: SPRY) and reminds investors of the October 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

SPRY UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds ARS Pharmaceuticals Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

newsfilecorp.com · 12 Sep 2026

SPRY UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds ARS Pharmaceuticals Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In ARS Pharmaceuticals To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in ARS Pharmaceuticals between March 9, 2026 and June 24, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - September 12, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ARS Pharmaceuticals Inc. (""ARS Pharmaceuticals" or the "Company") (NASDAQ: SPRY) and reminds investors of the October 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

ROSEN, LEADING INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY

globenewswire.com · 12 Sep 2026

ROSEN, LEADING INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY

NEW YORK, Sept. 12, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ARS Pharmaceuticals, Inc. (NASDAQ: SPRY) between March 9, 2026 and June 24, 2026, inclusive (the “Class Period”), of the important October 5, 2026 lead plaintiff deadline.

Robbins LLP Reminds Investors of the Securities Fraud Class Action Lawsuit Against ARS Pharmaceuticals Inc. Following a More Than 23% Stock Drop on June 25, 2026

globenewswire.com · 11 Sep 2026

Robbins LLP Reminds Investors of the Securities Fraud Class Action Lawsuit Against ARS Pharmaceuticals Inc. Following a More Than 23% Stock Drop on June 25, 2026

SAN DIEGO, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds shareholders that a securities class action has been filed on behalf of all investors who purchased or otherwise acquired ARS Pharmaceuticals Inc. (NASDAQ: SPRY) securities between March 9, 2026 and June 24, 2026 (the "Class Period").

SPRY Investors Have Opportunity to Lead ARS Pharmaceuticals, Inc. Securities Fraud Lawsuit

prnewswire.com · 11 Sep 2026

SPRY Investors Have Opportunity to Lead ARS Pharmaceuticals, Inc. Securities Fraud Lawsuit

NEW YORK, Sept. 11, 2026 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ARS Pharmaceuticals, Inc. (NASDAQ: SPRY) between March 9, 2026 and June 24, 2026, inclusive (the "Class Period"), of the important October 5, 2026 lead plaintiff deadline.

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