earnings
confidence high
sentiment positive
materiality 0.75
ARS Pharma Q2 revenue $15.7M, neffy volume +180% QoQ, net loss $44.9M
ARS Pharmaceuticals, Inc.
2025-Q2 EPS
reported -$0.80
vs consensus -$0.48
▼ miss
(-66.9%)
- Total revenue $15.7M, including $12.8M neffy U.S. net product revenue and $2.6M milestone from ALK.
- Net loss of $44.9M ($0.46/sh); SG&A $54.3M driven by DTC campaign; cash $240.1M.
- neffy weekly script volumes grew ~180% from Q1 end to Q2 end; 93% commercial coverage achieved.
- EUR neffy approved in UK and launched in Germany; $5M milestone triggered from ALK.
- Phase 2b urticaria trial initiated; topline data expected H1 2026.
item 2.02item 7.01item 9.01