TARS

Tarsus Pharmaceuticals, Inc.
—

Company Information

Company Name
Tarsus Pharmaceuticals, Inc.
CIK
CIK0001819790
Category
Large accelerated filer
Ticker: Exchange
TARS: Nasdaq
Fiscal Year End
December 31
Owner Organization
03 Life Sciences
SIC
2836
SIC Description
Biological Products, (No Diagnostic Substances)
Ticker
TARS

SEC filing data through

Insider Sentiment

Last purchase
2023-12-15
Last sale
2026-09-15
Shares purchased (TTM)
0
Shares sold (TTM)
198,443
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
46,785,078
Shares outstanding
43,393,643
Ownership
107.82%
+3.04% Y/Y

Earnings Market Reaction

Filing date
2026-08-06
Price on filing date
—
1-month reaction
9.84%
3-month reaction
…
Drift continued7/11 (64%)
Faded / reversed4/11 (36%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents Fair Value Disclosure2051021841139717695176181194225227
Restricted Cash Current001---0-----
Marketable Securities Current245287234289284232197141142105220
Accounts Receivable Net Current961008573586247293030175
Inventory Net454443332430
Other Receivables Net Current2172222111111
Prepaid Expense Current102713222961576786
Assets Current562537523502474481357357363341256259
Restricted Cash Noncurrent2223333---0-
Inventory Noncurrent333333333-0-
Property Plant And Equipment Net201812633222112
Intangible Assets Net Excluding Goodwill777888894444
Operating Lease Right Of Use Asset1010101000122222
Long Term Investments744333333010
Other Assets Noncurrent112111111121
Assets611581562535495501377376377349265268
Liabilities Current
Accounts Payable Current402416---9-----
Employee Related Liabilities Current12918141210161186138
Accounts Payable And Other Accrued Liabilities Current1241111021037976555544372415
Liabilities Current1761441361179086816652433723
Long Term Debt Noncurrent737372727272727272303030
Other Liabilities Noncurrent16161110--011222
Liabilities264232219199162158152139125746955
Stockholders Equity
Preferred Stock Value000000000000
Common Stock Value000000000000
Additional Paid In Capital799783770753738728585574566556442416
Accumulated Other Comprehensive Income Loss Net Of Tax-1-0000000-0-0-0-0
Retained Earnings Accumulated Deficit-452-434-427-418-406-385-360-337-314-280-245-203
Stockholders Equity347349343335333342225237252275197214
Liabilities And Stockholders Equity611581562535495501377376377349265268
Preferred Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized101010101010101010101010
Preferred Stock Shares Issued000000000000
Preferred Stock Shares Outstanding000000000000
Common Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.000.00
Common Stock Shares Authorized200200200200200200200200200200200200
Common Stock Shares Issued434343424242383838383433
Shares Outstanding434343424242383838383433

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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. Tarsus Pharmaceuticals, Inc. (TARS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, Tarsus Pharmaceuticals, Inc. carries a market cap of $2.73B, a P/E ratio of -58.77x, a P/B ratio of 7.88x, a P/S ratio of 4.50x, an enterprise value of $2.60B, and an EV/EBITDA multiple of -55.14x. On profitability, it posts a gross margin of 93.28%, an operating margin of -8.00%, a net margin of -7.67%, a Return on Equity (ROE) of -13.68%, a Return on Assets (ROA) of -8.40%, and a Return on Invested Capital (ROIC) of -16.32%. Per share, it reports EPS of $-1.07, diluted EPS of $-1.07, free cash flow per share of $1.29, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 105.17% year-over-year, net income growth of -49.48% year-over-year, and EPS growth of -50.68% year-over-year. On the balance sheet, it maintains a current ratio of 3.20x, a quick ratio of 3.12x, working capital of $386.24M, a debt-to-equity ratio of 0.76x, a debt ratio of 0.43, an interest coverage ratio of -5.54x, free cash flow of $56.00M (TTM), and net debt of $-133.83M. Figures sourced from SEC EDGAR.

Market Cap
$2.73B
P/E TTM
-58.77x
EPS TTM
$-1.07
P/B TTM
7.88x
ROE TTM
-13.68%
ROA TTM
-8.40%
Debt To Equity
0.76x
Free Cash Flow TTM
$56.00M
Net Revenue TTM Growth 1Y
105.17%

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 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.

When was Tarsus Pharmaceuticals, Inc. (TARS)'s most recent SEC filing?

Tarsus Pharmaceuticals, Inc. (TARS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.

What is TARS's market cap?

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

What is TARS's EPS (earnings per share)?

Tarsus Pharmaceuticals, Inc. (TARS)'s trailing twelve month EPS is $-1.07 as of 2026-06-30.

What is TARS's ROE (return on equity)?

Tarsus Pharmaceuticals, Inc. (TARS)'s trailing twelve month Return on Equity (ROE) is -13.68% as of 2026-06-30.

What is TARS's ROA (return on assets)?

Tarsus Pharmaceuticals, Inc. (TARS)'s trailing twelve month Return on Assets (ROA) is -8.40% as of 2026-06-30.

What is TARS's ROIC (return on invested capital)?

Tarsus Pharmaceuticals, Inc. (TARS)'s trailing twelve month Return on Invested Capital (ROIC) is -16.32% as of 2026-06-30.

What is TARS's EV/EBITDA?

Tarsus Pharmaceuticals, Inc. (TARS)'s trailing twelve month EV/EBITDA is -55.14x as of 2026-06-30.

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