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ARS Pharmaceuticals stock: growth

SPRY
$3.81Closing price of 12 Nov 2026MEQIRI Score 33 out of 100

ARS Pharmaceuticals reported $84.28M in revenue for fiscal 2025, down 5.5% on the prior year, up 97.8% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
no data
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2018
Revenue36.4%no data
Revenue per share10.7%no data
Earningsno datano data
Earnings per shareno datano data
Free cash flowno datano data
Free cash flow per shareno datano data

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2018$0−$17.58M−$17.32M
2019$0−$23.97M−$18.99M
2020$17.84M−$1.07M$8.15M
2021$5.51M−$20.24M−$17.62M
2022$1.32M−$34.68M−$40.28M
2023$30K−$54.37M−$59.44M
2024$89.15M$8M$12.99M
2025$84.28M−$171.3M−$171.21M

Revenue by region

Where ARS Pharmaceuticals, Inc. generates its revenue.

  • United States$72.2M86%
  • Outside the US$12.1M14%

The company split earlier years differently. A history would not be comparable, so only 2025 is shown.

Figures as a table
2025Share 2025
United States$72.19M85.7%
Outside the US$12.09M14.3%
Total revenue$84.28M100%

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 15 Aug 2025)
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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