
ARS Pharmaceuticals 1Q 2026: Revenue $22.7M, EPS $(0.61) — 10-Q Summary

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ARS Pharmaceuticals reported Q1 2026 revenue of $22.7M, a 184% increase from $8M in Q1 2025. However, the net loss widened to $60.6M, with diluted EPS at $(0.61). Product revenue rose to $17.5M, and the company is scaling its U.S. launch with 148 sales reps. Over 28,000 prescribers and 120,000 patients are using neffy, with payer coverage near 90%. Operational scale-up is ongoing with regulatory approvals in multiple markets.
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