SPRY (ARS Pharmaceuticals) Gross Profit: $73.37 Mil (TTM As of Mar. 2026)

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SPRY ARS Pharmaceuticals Inc SPRY
28 GF Score
Price $6.06
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What is ARS Pharmaceuticals Gross Profit?

ARS Pharmaceuticals SPRY +1.51% 28 Gross Profit is $73.37 Mil as of Mar. 2026. GuruFocus rates SPRY with a GF Score™ of 28/100. The stock has 5 warning signs investors should review.

ARS Pharmaceuticals's gross profit for the three months ended in Mar. 2026 was $16.40 Mil. ARS Pharmaceuticals's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $73.37 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ARS Pharmaceuticals's gross profit for the three months ended in Mar. 2026 was $16.40 Mil. ARS Pharmaceuticals's Revenue for the three months ended in Mar. 2026 was $22.68 Mil. Therefore, ARS Pharmaceuticals's Gross Margin % for the quarter that ended in Mar. 2026 was 72.29%.

ARS Pharmaceuticals had a gross margin of 72.29% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of ARS Pharmaceuticals was 98.90%. The lowest was 74.12%. And the median was 87.34%.


ARS Pharmaceuticals  (NAS:SPRY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ARS Pharmaceuticals had a gross margin of 72.29% for the quarter that ended in Mar. 2026 => Durable competitive advantage


ARS Pharmaceuticals Gross Profit Related Terms


ARS Pharmaceuticals Gross Profit Historical Data

* Premium members only.

The historical data trend for ARS Pharmaceuticals's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ARS Pharmaceuticals Gross Profit Chart

ARS Pharmaceuticals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 5.51 1.32 0.03 88.17 63.86

ARS Pharmaceuticals Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.88 10.73 24.31 21.93 16.40

SPRY vs ALLO, CBIO, IMMX: Gross Profit Comparison

For the Biotechnology subindustry, ARS Pharmaceuticals's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ARS Pharmaceuticals Gross Profit vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ARS Pharmaceuticals's Gross Profit distribution charts can be found below:

* The bar in red indicates where ARS Pharmaceuticals's Gross Profit falls into.


SPRY
28GF Score
ARS Pharmaceuticals Inc SPRY
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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ARS Pharmaceuticals Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

ARS Pharmaceuticals's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=84.278 - 20.423
=63.86

ARS Pharmaceuticals's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=22.681 - 6.286
=16.40

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $73.37 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

ARS Pharmaceuticals's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=16.40 / 22.681
=72.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $73.37 Mil mean?
ARS Pharmaceuticals (SPRY) has a Gross Profit of $73.37 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on ARS Pharmaceuticals and its competitors.
Is ARS Pharmaceuticals' Gross Profit too high?
ARS Pharmaceuticals' current Gross Profit is $73.37 Mil. Overall, ARS Pharmaceuticals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does ARS Pharmaceuticals' Gross Profit compare to ALLO and CBIO?
ARS Pharmaceuticals' Gross Profit of $73.37 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Biotechnology company?
A good Gross Profit depends on the Biotechnology industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on ARS Pharmaceuticals and its competitors. ARS Pharmaceuticals's current Gross Profit is $73.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARS Pharmaceuticals stock overvalued right now?
ARS Pharmaceuticals (SPRY) has a current Gross Profit of $73.37 Mil. The current Gross Profit is $73.37 Mil. ARS Pharmaceuticals' overall GF Score™ is 28/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For ARS Pharmaceuticals (SPRY), the current Gross Profit is $73.37 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ARS Pharmaceuticals Business Description

Address 11682 El Camino Real, Suite 300, San Diego, CA, USA, 92130
ARS Pharmaceuticals Inc is a biopharmaceutical company focused on the commercialization and development of neffy (currently identified in the European Union (EU) and United Kingdom (U.K.) by the trade name EURneffy and in China) for needle-free intranasal delivery of epinephrine for emergency treatment of Type I allergic reactions, including anaphylaxis. Neffy is a proprietary composition of epinephrine with an absorption enhancer called Intravail, which allows Neffy to safely provide intranasal delivery of epinephrine at a low dose within the exposures of approved injectable products across a range of dosing conditions.
28GF Score

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