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Tarsus Pharmaceuticals, Inc.

TARS

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Assets
Assets Current
Cash And Cash Equivalents Fair Value Disclosure
2051021841139717695176181194225227
Restricted Cash Current
001---0-----
Marketable Securities Current
245287234289284232197141142105220
Accounts Receivable Net Current
961008573586247293030175
Inventory Net
454443332430
Other Receivables Net Current
2172222111111
Prepaid Expense Current
102713222961576786
Assets Current
562537523502474481357357363341256259
Restricted Cash Noncurrent
2223333---0-
Inventory Noncurrent
333333333-0-
Property Plant And Equipment Net
201812633222112
Intangible Assets Net Excluding Goodwill
777888894444
Operating Lease Right Of Use Asset
1010101000122222
Long Term Investments
744333333010
Other Assets Noncurrent
112111111121
Assets
611581562535495501377376377349265268
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
402416---9-----
Employee Related Liabilities Current
12918141210161186138
Accounts Payable And Other Accrued Liabilities Cur…
1241111021037976555544372415
Liabilities Current
1761441361179086816652433723
Long Term Debt Noncurrent
737372727272727272303030
Other Liabilities Noncurrent
16161110--011222
Liabilities
264232219199162158152139125746955
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Additional Paid In Capital
799783770753738728585574566556442416
Accumulated Other Comprehensive Income Loss Net Of…
-1-0000000-0-0-0-0
Retained Earnings Accumulated Deficit
-452-434-427-418-406-385-360-337-314-280-245-203
Stockholders Equity
347349343335333342225237252275197214
Liabilities And Stockholders Equity
611581562535495501377376377349265268
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
101010101010101010101010
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
200200200200200200200200200200200200
Common Stock Shares Issued
434343424242383838383433
Shares Outstanding
434343424242383838383433

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-8.28%-2.84%-9.42%---------
2025-14.55%-19.18%-14.02%40.68%35.18%58.65%11.83%14.38%-4.39%-7.30%-3.38%-10.22%
2024-11.75%-27.23%-33.04%14.82%37.70%66.92%11.36%19.71%15.60%21.02%19.28%5.84%
2023----2.06%4.47%-19.11%1.86%30.06%65.70%-14.30%-17.29%-2.50%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
3.20
3.74
3.85
4.29
5.26
5.57
4.42
5.42
7.03
8.01
6.93
11.15
Quick Ratio
3.12
3.53
3.72
4.07
4.89
5.47
4.21
5.27
6.87
7.76
6.64
10.89
Working Capital
386.24M
393.72M
387.09M
384.65M
384.18M
394.47M
276.09M
291.25M
311.02M
298.20M
219.20M
236.03M
Leverage & Debt
Debt to Equity
0.76
0.67
0.64
0.60
0.49
0.46
0.68
0.58
0.49
0.27
0.35
0.26
Interest Coverage TTM
-5.54
-5.74
-7.94
-9.68
-10.65
-12.02
-15.36
-21.54
-31.66
-42.77
-42.78
-37.14
Debt Ratio
0.43
0.40
0.39
0.37
0.33
0.32
0.40
0.37
0.33
0.21
0.26
0.20
Efficiency & Turnover
Asset Turnover TTM
1.10
0.99
0.96
0.80
0.68
0.55
0.57
0.40
0.29
0.15
0.07
0.06
Days Sales Outstanding TTM
46.46
55.52
53.30
50.74
54.26
72.10
63.22
48.60
129.27
138.87
347.72
68.31
Receivables Turnover TTM
7.86
6.57
6.85
7.19
6.73
5.06
5.77
7.51
2.82
2.63
1.05
5.34
Per Share Metrics
Diluted EPS TTM
-1.07
-1.12
-1.59
-1.90
-2.17
-2.67
-3.07
-3.50
-3.97
-4.20
-4.62
-3.51
Free Cash Flow Per Share TTM
1.42
-0.73
-0.53
-0.85
-1.45
-1.73
-2.25
-2.65
-3.32
-3.81
-4.05
-2.96
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
93.28%
93.48%
93.20%
93.26%
93.36%
92.99%
92.99%
92.97%
92.50%
-
-
-
Operating Profit Margin TTM
-8.00%
-9.50%
-15.72%
-23.88%
-33.18%
-46.72%
-65.90%
-108.47%
-187.55%
-366.27%
-820.53%
-791.66%
Net Profit Margin TTM
-7.67%
-9.02%
-14.72%
-22.17%
-31.13%
-44.91%
-63.16%
-103.64%
-180.00%
-348.22%
-778.89%
-748.66%
Growth Metrics
Net Revenue Growth (1Y)
105.17%
128.99%
146.71%
182.44%
254.45%
449.03%
948.62%
801.96%
566.99%
53.22%
-32.42%
-11.04%
Net Income Growth (1Y)
-49.48%
-54.01%
-42.52%
-39.59%
-38.70%
-29.19%
-14.97%
24.87%
65.00%
127.06%
118.86%
69.85%
EPS Growth (1Y)
-50.68%
-57.88%
-48.27%
-45.58%
-45.27%
-36.47%
-33.56%
-0.38%
16.98%
72.01%
83.38%
47.89%
Valuation Metrics
P/E TTM
-58.77
-62.44
-51.51
-31.20
-18.65
-19.26
-18.02
-9.40
-6.85
-8.66
-4.38
-5.06
P/B TTM
7.88
8.64
9.96
7.56
5.16
5.90
9.27
5.32
4.08
4.66
3.02
2.55
P/S TTM
4.50
5.63
7.58
6.92
5.81
8.65
11.38
9.74
12.33
30.15
34.10
37.87
Market Cap
2.73B
3.01B
3.42B
2.53B
1.72B
2.02B
2.08B
1.26B
1.03B
1.28B
595.01M
544.16M
Enterprise Value
2.60B
2.98B
3.31B
2.49B
1.69B
1.91B
2.06B
1.16B
918.52M
1.12B
399.88M
347.20M
Calculated Values
Free Cash Flow TTM
61.73M
-31.54M
-22.31M
-36.30M
-61.58M
-67.87M
-84.59M
-101.68M
-125.48M
-134.65M
-119.00M
-90.66M
Net Debt
-133.83M
-31.60M
-113.77M
-43.01M
-27.08M
-106.37M
-25.54M
-104.50M
-109.52M
-163.77M
-195.13M
-196.96M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-17Sale
Owner: Azamian, Bobak R.
Title: President/CEO and Board Chair
Shares: 10,000
Price/Share: $61.53
Value: $615,300.00
Shares Owned: 847,991
Relationship: Director,Officer
Ownership: Indirect
2026-06-16Sale
Owner: Farrow, Jeffrey S
Title: See Remarks
Shares: 14,396
Price/Share: $60.95
Value: $877,436.20
Shares Owned: 56,801
Relationship: Officer
Ownership: Direct
2026-06-15Sale
Owner: Link, William J Phd
Title: -
Shares: 12,500
Price/Share: $62.46
Value: $780,750.00
Shares Owned: 106,786
Relationship: Director
Ownership: Direct
2026-06-15Sale
Owner: Goodrich, Katherine
Title: -
Shares: 2,954
Price/Share: $62.08
Value: $183,384.32
Shares Owned: 2,233
Relationship: Director
Ownership: Direct
2026-03-20Sale
Owner: Neervannan, Seshadri
Title: Chief Operating Officer
Shares: 2,989
Price/Share: $66.75
Value: $199,515.75
Shares Owned: 82,791
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
102.13%
Inst. Shares: 43,872,859
Shares Outstanding: 42,956,973
2025-12-31
102.47%
Inst. Shares: 42,814,620
Shares Outstanding: 41,784,014
2025-09-30
101.67%
Inst. Shares: 43,320,775
Shares Outstanding: 42,607,717
2025-06-30
104.78%
Inst. Shares: 44,385,276
Shares Outstanding: 42,360,452
2025-03-31
105.65%
Inst. Shares: 41,570,288
Shares Outstanding: 39,345,359

Tarsus Pharmaceuticals, Inc. (TARS) — SEC Financial Statements & Analysis

Tarsus Pharmaceuticals, Inc. (TARS) is a biological products, (no diagnostic substances) company, incorporated in DE. Tarsus Pharmaceuticals, Inc. trades on Nasdaq as: TARS. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Tarsus Pharmaceuticals, Inc. reported a 105.17% year-over-year revenue growth, a Gross Profit Margin of 93.28% (TTM), a Debt-to-Equity ratio of 0.76x, a Price-to-Sales (P/S) ratio of 4.50x (TTM), a Price-to-Book (P/B) ratio of 7.88x (TTM), at a market cap of $2.73B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
105.17%
Gross Profit Margin TTM
93.28%
Debt To Equity
0.76x
P/S TTM
4.50x
P/B TTM
7.88x
Market Cap
$2.73B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Tarsus Pharmaceuticals, Inc. in?

Tarsus Pharmaceuticals, Inc. (TARS) operates in the Biological Products, (No Diagnostic Substances) industry.

What is TARS's market cap?

Tarsus Pharmaceuticals, Inc. (TARS) has a market capitalization of $2.73B as of 2026-06-30.

What exchange does TARS trade on?

Tarsus Pharmaceuticals, Inc. (TARS) trades on the Nasdaq.

Where is Tarsus Pharmaceuticals, Inc. incorporated?

Tarsus Pharmaceuticals, Inc. is incorporated in DE.

Wall Street's data.
Main Street's price.