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Filing Flows › Spero Therapeutics (SPRO) › Q4 2025 › vs Q4 2024

Spero Therapeutics (SPRO) Q4 2025 vs Q4 2024 (year over year)

Spero Therapeutics's revenue rose $26.3M (+175%) from $15.0M in Q4 2024 to $41.3M in Q4 2025. Operating margin 76.0% against -144.4% (+220.5 pts).

Spero Therapeutics, Q4 2025: revenue $41.3M (+174% year over year), operating margin 76.0%, net earnings $31.5M, operating cash flow −$8.4M. The chart draws each line against Q4 2024, the increases inside each band.

Spero Therapeutics: what changed, Q4 2025 vs Q4 2024Spero Therapeutics: what changed, Q4 2025 vs Q4 2024Operating profit$53.1MPre-tax earnings$53.0MNet earnings$52.4MOperating cash sources$36.9MWorking capital & other$36.9MCosts & expenses−$26.9MResearch & development−$23.2MCash used in operations−$15.1MGeneral & admin−$2.8MIncome tax$551K

Margins

Q4 2025Q4 2024Change
Operating margin76.0%-144.4%+220.5 pts
Net margin76.3%-138.8%+215.2 pts

Every line

LineQ4 2025Q4 2024Change%
Revenue$41.3M$15.0M$26.3M+175%
Other income, net$376K$547K−$171K-31%
Operating profit$31.4M−$21.7M$53.1M—
Costs & expenses$9.9M$36.8M−$26.9M-73%
Pre-tax earnings$31.8M−$21.2M$53.0M—
Research & development$5.6M$28.8M−$23.2M-81%
General & admin$4.3M$7.1M−$2.8M-39%
Net earnings$31.5M−$20.9M$52.4M—
Income tax$261K−$290K$551K—
Operating cash sources$40.9M$4.0M$36.9M+918%
Share-based compensation$1.0M$1.5M−$496K-33%
Cash used in operations$8.4M$23.4M−$15.1M-64%
Working capital & other$40.9M$4.0M$36.9M+918%

Questions

How much did Spero Therapeutics's revenue grow year over year in Q4 2025?

Spero Therapeutics's revenue rose $26.3M (+175%) from $15.0M in Q4 2024 to $41.3M in Q4 2025. Operating margin 76.0% against -144.4% (+220.5 pts).

Q4 2025 results → · Compare in the interactive Sankey →