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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›SPRB

SPRB

SPRUCE BIOSCIENCES, INC.

Next earnings Aug 12, 2026 (after close) · consensus $-6.23 EPS

Last earnings +1.6% on 2026-05-13

Sell
$55.11
▲ +4.43%
$55.11▲ +949.71%
over 1Y
L $5.25EODHDH $182.60
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+4.4%
1W+0.7%
1M+11.3%
3M-12.6%
YTD-39.2%
1Y+949.7%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Sell
Quality
D
Valuation
Fair value
Filings
Flagged
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 11 analysts
Buy

Conservative balance sheet (liabilities/equity 0.25x); but revenue fell -100.0% YoY.

Revenue (FY2025) $0.00 · FY2025

SPRUCE BIOSCIENCES, INC. shows $0.00 in FY2025 revenue (-100.0% YoY), and -91.7% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—$0.00$10.1M$4.91M$0.00
Gross profit—————
Operating income-$42.1M-$47.3M-$52.0M-$56.2M-$36.5M
Net income-$42.3M-$46.2M-$47.9M-$53.0M-$39.0M
Diluted EPS-$1.81-$1.96-$1.24-$96.40-$50.83
Net margin——-475.0%-1079.9%—

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$26.7M
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-51.5%
FCF yield-44.1%

Quality & risk

ROIC (est.)-67.8%
Free cash flow-$33.3M
Total debt$0.00
Net cash$48.9M
Altman Z-Score-4.64 distress
Piotroski F-Score5/8

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY-96.8%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Red flag in recent filings — agreement terminated (2026-03-20). Worth a closer look.
  1. 8-K Shareholder vote2026-05-26
  2. 8-K Earnings results2026-05-13
  3. 10-Q Quarterly report2026-05-13
  4. 8-K Material agreement2026-04-22
  5. DEF 14A Proxy statement2026-04-09
  6. 8-K Agreement terminated2026-03-20
  7. 8-K Agreement terminated2026-03-09
  8. 10-K Annual report2026-03-09
  9. 8-K Reg FD disclosure2026-02-05

Recent filings

all on EDGAR ↗
4Period ending 2026-05-212026-05-26open ↗4Period ending 2026-05-212026-05-26open ↗4Period ending 2026-05-212026-05-26open ↗4Period ending 2026-05-212026-05-26open ↗4Period ending 2026-05-212026-05-26open ↗8-KPeriod ending 2026-05-212026-05-26open ↗SCHEDULE 13G/AFiling2026-05-15open ↗SCHEDULE 13G/AFiling2026-05-15open ↗SCHEDULE 13G/AFiling2026-05-15open ↗SCHEDULE 13G/AFiling2026-05-15open ↗S-8Filing2026-05-13open ↗10-QPeriod ending 2026-03-312026-05-13open ↗

Quality score

D
ValueGrowthProfitHealthMom.
Value—
GrowthC-
ProfitabilityF
Financial healthB-
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$0.00
-100.0% YoY
Net margin
—
ROE
-91.7%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$0.00-100.0%
Net income-$39.0M+26.5%
Operating income-$36.5M+35.0%
Diluted EPS-$50.83+47.3%
Cash & equivalents$48.9M+26.2%
Total assets$53.0M+17.3%
Total liabilities$10.5M-35.9%
Stockholders' equity$42.5M+47.5%
L/E: 0.25x

Frequently asked

Is SPRUCE BIOSCIENCES, INC. (SPRB) a buy?
SPRB currently carries a Sell rating with 3/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity 0.25x); but revenue fell -100.0% YoY.
What is SPRUCE BIOSCIENCES, INC.'s quality score?
SPRB scores 46.94871794871795/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001683553, latest 10-Q filed 2026-05-13) · EODHD · as of 6/26/2026, 8:34:35 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC
2025-12-31
Szwarcberg Javier B.
CHIEF EXECUTIVE OFFICER
Award4.69K @ $4.53$21.2K
2025-12-11
Ways Douglas Kirk
Interim Chief Medical Officer
Exercise1.25K

Earnings history

beat/miss · move
2026-05-13Beat +0.6% est▲ +1.56%8-K ↗
2026-03-09Miss -38.5% est▲ +11.17%8-K ↗
2026-01-08Miss -38.5% est▼ -5.62%8-K ↗
2025-11-10Miss -2.6% est▼ -8.97%8-K ↗
2025-08-14Beat +82.1% est▼ -5.93%8-K ↗
2025-05-06—▼ -1.39%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Dynatrace, Emerson Electric, Exxon Mobil, Flutter Entertainment, Genuine Parts, nVent Electric, Palantir Technologies, Roku, and MoreBullish
finance.yahoo.com· 2026-06-16
Toll Brothers upgraded, Lennar downgraded: Wall Street's top analyst callsBullish
finance.yahoo.com· 2026-06-09
Spruce Biosciences Further Strengthens its Commercial Leadership Team with the Appointments of Brian Walls as Vice President, Market Access and Darren Johnson as Vice President, Commercial OperationsBullish
finance.yahoo.com· 2026-05-04
Spruce Biosciences prices $60M public offering at $50.00 per shareBullish
seekingalpha.com· 2026-04-21
Spruce Biosciences (SPRB) Appoints Dale Hooks as CCO and Reports Narrowed $39M 2025 Net LossBullish
finance.yahoo.com· 2026-03-17
Harbour BioMed Exercises Warrant To Acquire Stake In Spruce BiosciencesBullish
nasdaq.com· 2026-01-19

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score47 vs 67
Revenue growth-100.0% vs 7.1%
Net margin— vs 10.5%
Return on equity-91.7% vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 3d
Bullish
+0.17
vs typical · 3 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.