TARS — Tarsus Pharmaceuticals, Inc.

Nasdaq · Health Care · Biotechnology · CIK 1819790 ·
Last close
$61.16
Market Cap
$2.63B
52W High
$78.20
52W Low
$57.81
ADV30
695,126
Next earnings
Tarsus Pharmaceuticals, Inc., a commercial stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for eye care in the United States. The company offers XDEMVY, a lotilaner ophthalmic solution for the treatment of demodex blepharitis caused by the infestation of Demodex mites. It sells its products to specialty pharmacies and distributors, as well as clinics, hospitals, pharmacies, and federal healthcare programs. The company also develops TP-04, a sterile aqueous gel formulation of lotilaner in Phase 2 trial for the treatment of ocular rosacea; and TP-05, an oral tablet formulation of lotilaner in Phase 2 trial for the prevention of Lyme disease, as well as in pre-clinical studies for community malaria reduction. In addition, it is developing the lotilaner active pharmaceutical ingredient (API) to address diseases in human medicine, including eye care and infectious disease prevention. The company has a development and license agreement with Xi An Grand Chang An Pharmaceutical Co., Ltd. for the development and commercialization of TP-03 in China for the treatment of Demodex blepharitis and meibomian gland disease. Tarsus Pharmaceuticals, Inc. was incorporated in 2016 and is headquartered in Irvine, California.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 162,054,000 152,658,000 -6,122,000 -6,967,000 581,135,000 102,192,000 232,184,000
Dec 2025 151,668,000 140,741,000 -7,976,000 -8,373,000 562,158,000 183,641,000 218,732,000
Sep 2025 118,697,000 110,388,000 -14,529,000 -12,585,000 534,561,000 112,724,000 199,479,000
Jun 2025 102,660,000 96,423,000 -22,184,000 -20,340,000 494,994,000 96,648,000 162,382,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-12,451,000
Investing CF
$-42,115,000
Financing CF
$143,388,000
CapEx
$-9,859,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-1.62
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-426,628,000
Inventory
$4,372,000
Receivables
$87,109,000
ST Investments
$233,627,000
EBIT TTM
$-56,017,000
Pretax Income TTM
$-64,359,000
Interest Exp TTM
$8,342,000
Analysts
9

Yahoo Snapshot (yfinance, live)

Total Revenue
$535,079,008
EBITDA
$-49,018,000
Free Cash Flow
$-21,268,124
Enterprise Value
$2,378,615,808
Total Cash
$388,732,000
Total Debt
$88,676,000
Shares Out
43,023,959
Trailing EPS
$-1.11
Book Value
$8.07
ROE
-14.0%
ROA
-5.9%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 451,360,000 -70,969,000 -66,418,000 562,158,000 218,732,000 -12,451,000
Dec 2024 182,953,000 -120,569,000 -115,554,000 376,991,000 152,457,000 -83,027,000
Dec 2023 17,447,000 -143,158,000 -135,893,000 265,491,000 68,503,000 -117,493,000
Dec 2022 25,816,000 -62,712,000 -62,091,000 227,863,000 34,963,000 -49,030,000

TTM Snapshot

Revenues TTM
$51,229,000
NetIncome TTM
$-100,776,000
OpCashFlow TTM
$0
Assets (Latest)
$376,991,000
Forward EPS
$2.87

Peers — same industry

TickerNameMarket CapLastDaily %
RLAY Relay Therapeutics, Inc. $3.04B $14.17
ADPT Adaptive Biotechnologies Corp $2.26B $14.13
BEAM Beam Therapeutics Inc. $3.06B $29.79
KOD Kodiak Sciences Inc. $2.25B $36.00
DNLI Denali Therapeutics Inc. $3.08B $19.38

News headlines (Yahoo Finance, 1h cache)

This Biotech Is Up 60%. A Top Healthcare Fund Just Bought Another $11 Million
2026-05-24 14:39 · Yahoo
This Biotech Stock Is Up 355%. One Fund Added a $169 Million Position Last Quarter
2026-05-24 14:33 · Yahoo
Tarsus and John Cena Partner to Raise Awareness of Demodex blepharitis, a Common Eyelid Disease Affecting Approximately 25 Million Americans
2026-05-14 12:30 · Yahoo
Assessing Tarsus Pharmaceuticals (TARS) Valuation After Recent Share Price Weakness And Long Term Gains
2026-05-12 04:34 · Yahoo
Is It Time To Reassess Tarsus Pharmaceuticals (TARS) After Its Recent Share Price Swings?
2026-05-11 16:22 · Yahoo
Tarsus to Participate in Upcoming Investor Conferences
2026-05-07 21:00 · Yahoo
Tarsus Pharmaceuticals Q1 Earnings Call Highlights
2026-05-07 06:07 · Yahoo
Tarsus Pharmaceuticals, Inc. Q1 2026 Earnings Call Summary
2026-05-07 00:37 · Yahoo
Tarsus Pharmaceuticals, Inc. (TARS) Reports Q1 Loss, Beats Revenue Estimates
2026-05-06 22:30 · Yahoo
Tarsus Reports First Quarter 2026 Financial Results and Recent Business Achievements
2026-05-06 20:05 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.