Tarsus Pharmaceuticals, Inc. (TARS)

NASDAQ: TARS · Real-Time Price · USD

80.28

+3.39 (4.41%)

At close: Nov 13, 2026, 4:00 PM EST

81.22

+0.94 (1.17%)

After-hours: Nov 13, 2026, 7:30 PM EST

Tarsus Pharmaceuticals Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	682.2	451.36	182.95	17.45	25.82	57.03
Revenue Growth	86.34%	146.71%	948.62%	-32.42%	-54.73%	-
Gross Profit	571.55	356.35	116.74	-34.46	-17.76	13.24
Operating Income	-65.54	-70.97	-120.57	-143.16	-62.71	-12.16
Net Income	-702.23	-66.42	-115.55	-135.89	-62.09	-13.83
Earnings Per Share	-16.00	-1.59	-3.07	-4.62	-2.52	-0.67
EPS Growth	-	-	-	-	-	-

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	309.61	417.27	291.38	227.44	217.03	171.82
Total Debt	89.43	83.04	72.45	30.22	20.16	1.19
Net Cash (Debt)	220.18	334.23	218.92	197.23	196.87	170.62
Net Cash Growth	-31.05%	52.67%	11.00%	0.18%	15.38%	1.99%
Net Cash Per Share	5.02	8.00	5.82	6.71	8.00	8.30

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	49.9	-12.45	-83.03	-117.49	-49.03	3.75
Capital Expenditures	-17.46	-9.86	-1.57	-1.5	-0.51	-0.59
Free Cash Flow	32.44	-22.31	-84.59	-119	-49.54	3.16
Free Cash Flow Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	83.78%	78.95%	63.81%	-197.50%	-68.81%	23.22%
Operating Margin	-9.61%	-15.72%	-65.90%	-820.53%	-242.92%	-21.32%
Pretax Margin	-101.21%	-14.26%	-63.16%	-778.89%	-240.53%	-24.15%
Profit Margin	-102.94%	-14.71%	-63.16%	-778.89%	-240.51%	-24.25%
FCF Margin	4.75%	-4.94%	-46.24%	-682.04%	-191.88%	5.54%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	97.48	-	-	-	-
P/FCF Ratio	122.01	-	-	-	-	147.13
PS Ratio	5.80	7.70	11.57	38.42	15.15	8.16