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SPRY ARS Pharmaceuticals, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-13, not restated
Healthcare

Scale

Market cap
$595m
Revenue TTM
$117m
Net income TTM
$-215m
Free cash flow
$-197m
Composite score
21.6
Sector rank
#2315

Valuation

P / E
EV / EBITDA
EV / sales
4.7
FCF yield
-33.06%
Earnings yield vs 10-yr
-40.95pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-184.2%
EBITDA margin
ROE
-1,721.8%
ROIC
Revenue growth
4.1%

Insider activity, last 90 days

Net open-market
$-0.28m
Buyers
0
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

In April 2026, we received approval in Canada of neffy 2 mg, with commercial launch by our collaboration partner, ALK, expected later in 2026. neffy has already been approved or is under regulatory review in countries representing approximately 98% of the current global epinephrine autoinjector sales market. In addition to our neffy base business, we are evaluating our intranasal epinephrine technology known as ARS-2, as a potential needle-free, on-demand rescue treatment option for acute flares in chronic spontaneous urticaria (“CSU”). …ARS Pharmaceuticals, Inc., 10-Q, period ended 2026-06-30, filed 2026-08-13

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