Tarsus Pharmaceuticals, Inc.

Tarsus Pharmaceuticals, Inc.

TARS
Tarsus Pharmaceuticals, Inc.US flagNASDAQ Global Select
57.41
USD
-1.52
- -
2.47BMarket Cap
Tarsus Pharmaceuticals, Inc.
TARS
(NASDAQ Global Select)

Recent

price

57.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
2.77
1.05
0.59
4.87
10.8
12.54
Revenue per Share
-0.31
-1.98
-4.32
-0.67
-2.52
-4.62
-3.07
-1.59
-1.13
Basic EPS, GAAP
-0.28
-1.63
-3.48
0.15
-2.01
-4.19
-2.38
-0.53
-0.74
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.32
-2.55
-5.29
-2.27
-4.42
-8.33
-9.58
-10.21
-10.16
Book Value per Share
-0.32
-2.54
26.74
8.11
7.84
6.57
5.75
8.04
8.01
Tangible Book Value per Share
4
2
6
21
25
29
38
42
43
Basic Weighted Avg Shares
- -
- -
- -
57
26
17
183
451
535
Sales/Revenue/Turnover
- -
- -
- -
-21.32
-242.92
-820.53
-65.9
-15.72
-9.5
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
2
2
Depreciation Expense
-1
-5
-27
-14
-62
-136
-116
-66
-48
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
-24.25
-240.51
-778.89
-63.16
-14.72
-9.02
Profit Margin (%)
2
57
165
164
210
219
276
387
394
Working Capital
- -
- -
1
1
19
30
72
72
73
LT Debt
-1
-6
166
167
193
197
225
343
349
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
72
72
73
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
43
43
Market Capitalization
2,420
3,421
2,994

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
502
523
537
Cash, Cash Equivalents & STI
402
417
389
Accounts Receivable, Net
73
85
100
Inventories
4
4
5
Total Current Liabilities
117
136
144
Payables & Accruals
117
114
111
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.04%
52.95%
Free Cash Flow
- -
-347.04%
-75.1%
Net Income, GAAP
- -
72.4%
-42.52%
Sales/Revenue/Turnover
- -
- -
146.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
41
48
66
183
2025
78
103
119
152
451
2026
162
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.01
-0.88
-0.61
-0.6
-3.07
2025
-0.64
-0.48
-0.3
-0.2
-1.59
2026
-0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) is a commercial-stage biopharmaceutical company focused on the development and commercialization of novel therapies targeting diseases of the eye and infectious conditions in the United States; its lead commercialized product is XDEMVY (lotilaner ophthalmic solution) 0.25%, the first and only FDA-approved treatment for Demodex blepharitis caused by Demodex mite infestation, as well as for associated meibomian gland disease; the company advances a pipeline of wholly owned lotilaner-based candidates, including TP-04 (lotilaner ophthalmic gel) for ocular rosacea, TP-05 for Lyme disease prophylaxis and community malaria reduction, and lotilaner active pharmaceutical ingredient for additional eye care and infectious disease prevention applications. Founded in 2016 and headquartered in Irvine, California, Tarsus operates primarily in the biotechnology sector with emphasis on eye care and parasitology-driven therapeutics for patients underserved by existing treatments. In recent developments, the company reports robust growth in XDEMVY net product sales, reaching $78.3 million in Q1 2025 (up 217% year-over-year), $118.7 million in Q3 2025 (up 147% year-over-year), and projecting $140-145 million for Q4 2025, supported by expanded payer coverage exceeding 90% of U.S. patients, sales force enhancements, and direct-to-consumer campaigns; Tarsus strengthened its balance sheet with a $135 million public equity offering in Q1 2025, bringing cash reserves to approximately $408 million, while planning Phase 2 initiation for TP-04 in ocular rosacea in H2 2025 and advancing studies for TP-05.

Company News

APIChat
  • Tarsus to Participate in Upcoming Investor Conferences

  • Tarsus Q1 Review: Strong Earnings, But Wall Street Wanted A Guidance Raise

  • Tarsus and John Cena Partner to Raise Awareness of Demodex blepharitis, a Common Eyelid Disease Affecting Approximately 25 Million Americans

  • Tarsus Pharmaceuticals, Inc. (TARS) Presents at Bank of America Global Healthcare Conference 2026 Transcript

  • Tarsus to Participate in Upcoming Investor Conferences

  • Tarsus Pharmaceuticals, Inc. (TARS) Q1 2026 Earnings Call Transcript

  • Tarsus Pharmaceuticals, Inc. (TARS) Reports Q1 Loss, Beats Revenue Estimates

  • Tarsus Reports First Quarter 2026 Financial Results and Recent Business Achievements

  • Tarsus to Report First Quarter 2026 Financial Results on Wednesday, May 6, 2026

  • Calamos Advisors LLC Makes New $2.82 Million Investment in Tarsus Pharmaceuticals, Inc. $TARS

  • Tarsus Pharmaceuticals: Marketing Spend Bears Fruit, Pipeline Progresses

  • Capricorn Fund Managers Ltd Decreases Position in Tarsus Pharmaceuticals, Inc. $TARS

  • Tarsus Doses First Participant in Calliope, A Phase 2 Clinical Trial of TP-05 (lotilaner), a Novel Investigational Oral Tablet for the Potential Prevention of Lyme Disease

  • Tarsus Pharma Stock Up 20% as Insider Sells $839K in RSU-Linked Trade

  • TP-03 (lotilaner ophthalmic solution) 0.25% Now Approved in China for the Treatment of Demodex Blepharitis, Triggering a $15M Milestone Payment to Tarsus

  • Tarsus Pharmaceuticals (NASDAQ:TARS) General Counsel Sells $283,428.75 in Stock

  • Insider Selling: Tarsus Pharmaceuticals (NASDAQ:TARS) Insider Sells $279,658.00 in Stock

  • Tarsus Pharmaceuticals (NASDAQ:TARS) Insider Sells $279,718.41 in Stock

  • Insider Selling: Tarsus Pharmaceuticals (NASDAQ:TARS) General Counsel Sells $283,511.28 in Stock

  • Tarsus Pharmaceuticals (NASDAQ:TARS) Insider Sells $279,693.18 in Stock