tarsus pharmaceuticals inc - TARS

TARS

Close Chg Chg %
70.22 -0.10 -0.14%

Closed Market

70.12

-0.10 (0.14%)

Volume: 370.83K

Last Updated:

Apr 2, 2026, 4:00 PM EDT

Company Overview: tarsus pharmaceuticals inc - TARS

TARS Key Data

Open

$69.06

Day Range

69.01 - 71.37

52 Week Range

38.51 - 85.25

Market Cap

$2.98B

Shares Outstanding

42.56M

Public Float

39.92M

Beta

0.63

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.61

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

495.22K

 

TARS Performance

1 Week
 
5.84%
 
1 Month
 
-4.29%
 
3 Months
 
-13.19%
 
1 Year
 
49.13%
 
5 Years
 
112.94%
 

TARS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About tarsus pharmaceuticals inc - TARS

Tarsus Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which focuses on the development and commercialization of therapeutic candidates. Its product candidate, TP-03, is a novel therapeutic in Phase 2b/3 that is being developed for the treatment of blepharitis caused by the infestation of Demodex mites, which is referred to as Demodex blepharitis. It is also developing TP-04 for the potential treatment of Ocular Rosacea and TP-05 as an oral tablet for the potential prevention of Lyme disease. The company was founded by Bobak Azamian and D. Michael Ackermann in 2017 and is headquartered in Irvine, CA.

TARS At a Glance

Tarsus Pharmaceuticals, Inc.
15440 Laguna Canyon Road
Irvine, California 92618
Phone 1-949-409-9820 Revenue 451.36M
Industry Pharmaceuticals: Major Net Income -66,418,000.00
Sector Health Technology 2025 Sales Growth 146.708%
Fiscal Year-end 12 / 2026 Employees 370
View SEC Filings

TARS Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 7.58
Price to Book Ratio 10.146
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -44.633
Enterprise Value to Sales 6.838
Total Debt to Enterprise Value 0.027

TARS Efficiency

Revenue/Employee 1,219,891.892
Income Per Employee -179,508.108
Receivables Turnover 5.182
Total Asset Turnover 0.956

TARS Liquidity

Current Ratio 3.853
Quick Ratio 3.82
Cash Ratio 3.079

TARS Profitability

Gross Margin 93.202
Operating Margin -15.723
Pretax Margin -14.259
Net Margin -14.715
Return on Assets -14.068
Return on Equity -23.388
Return on Total Capital -15.574
Return on Invested Capital -18.377

TARS Capital Structure

Total Debt to Total Equity 24.179
Total Debt to Total Capital 19.471
Total Debt to Total Assets 14.648
Long-Term Debt to Equity 24.179
Long-Term Debt to Total Capital 19.471
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tarsus Pharmaceuticals Inc - TARS

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
25.82M 17.45M 182.95M 451.36M
Sales Growth
-54.73% -32.42% +948.62% +146.71%
Cost of Goods Sold (COGS) incl D&A
955.00K 1.59M 12.83M 30.68M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
789.00K 877.00K 1.23M 1.82M
Depreciation
789.00K 744.00K 685.00K 855.00K
Amortization of Intangibles
- 133.00K 540.00K 961.00K
COGS Growth
-53.98% +66.81% +705.15% +139.23%
Gross Income
24.86M 15.85M 170.13M 420.68M
Gross Income Growth
-54.76% -36.23% +973.09% +147.27%
Gross Profit Margin
+96.30% +90.87% +92.99% +93.20%
2022 2023 2024 2025 5-year trend
SG&A Expense
87.57M 159.01M 290.70M 491.64M
Research & Development
42.62M 50.31M 53.39M 64.32M
Other SG&A
44.95M 108.70M 237.31M 427.32M
SGA Growth
+30.49% +81.58% +82.81% +69.13%
Other Operating Expense
- - - -
-
Unusual Expense
- 769.00K (376.00K) 2.15M
EBIT after Unusual Expense
(63.48M) (142.78M) (122.71M) (70.97M)
Non Operating Income/Expense
3.58M 10.23M 15.01M 15.54M
Non-Operating Interest Income
3.50M 10.34M 15.01M 15.75M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
2.20M 3.35M 7.85M 8.94M
Interest Expense Growth
- +52.16% +134.58% +13.84%
Gross Interest Expense
2.20M 3.35M 7.85M 8.94M
Interest Capitalized
- - - -
-
Pretax Income
(62.09M) (135.89M) (115.55M) (64.36M)
Pretax Income Growth
-350.88% -118.85% +14.97% +44.30%
Pretax Margin
-240.53% -778.89% -63.16% -14.26%
Income Tax
- - (4.00K) 2.06M
-
Income Tax - Current - Domestic
- - (4.00K) 2.06M
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(62.09M) (135.89M) (115.55M) (66.42M)
Minority Interest Expense
- - - -
-
Net Income
(62.09M) (135.89M) (115.55M) (66.42M)
Net Income Growth
-349.06% -118.86% +14.97% +42.52%
Net Margin Growth
-240.51% -778.89% -63.16% -14.72%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(62.09M) (135.89M) (115.55M) (66.42M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(62.09M) (135.89M) (115.55M) (66.42M)
EPS (Basic)
-2.522 -4.6248 -3.0729 -1.5896
EPS (Basic) Growth
-274.91% -83.38% +33.56% +48.27%
Basic Shares Outstanding
24.62M 29.38M 37.60M 41.78M
EPS (Diluted)
-2.522 -4.6248 -3.0729 -1.5896
EPS (Diluted) Growth
-274.91% -83.38% +33.56% +48.27%
Diluted Shares Outstanding
24.62M 29.38M 37.60M 41.78M
EBITDA
(61.92M) (142.28M) (119.34M) (69.15M)
EBITDA Growth
-436.08% -129.77% +16.12% +42.06%
EBITDA Margin
-239.86% -815.50% -65.23% -15.32%

Snapshot

Average Recommendation BUY Average Target Price 95.00
Number of Ratings 9 Current Quarters Estimate -0.145
FY Report Date 06 / 2026 Current Year's Estimate -0.593
Last Quarter’s Earnings -0.28 Median PE on CY Estimate N/A
Year Ago Earnings -1.59 Next Fiscal Year Estimate 3.057
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 9 9 7
Mean Estimate -0.14 -0.19 -0.59 3.06
High Estimates 0.03 0.07 0.33 4.34
Low Estimate -0.30 -0.34 -0.87 1.95
Coefficient of Variance -76.34 -61.83 -60.11 28.63

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 1 1 1
HOLD 0 0 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Tarsus Pharmaceuticals Inc - TARS

Date Name Shares Transaction Value
Mar 10, 2026 Jeffrey S. Farrow See Remarks 30,724 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Jeffrey S. Farrow See Remarks 19,306 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Bobak Azamian President/CEO and Board Chair; Director 96,723 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Bobak Azamian President/CEO and Board Chair; Director 60,776 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Aziz Mottiwala Chief Commercial Officer 30,724 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Aziz Mottiwala Chief Commercial Officer 19,306 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Dianne Whitfield Chief Human Resources Officer 27,310 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Dianne Whitfield Chief Human Resources Officer 17,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Elizabeth Yeu-Lin Chief Medical Officer 27,310 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Elizabeth Yeu-Lin Chief Medical Officer 17,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Sesha Neervannan Chief Operating Officer 27,310 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Sesha Neervannan Chief Operating Officer 17,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Bryan Wahl General Counsel 27,310 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 10, 2026 Bryan Wahl General Counsel 17,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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