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Tarsus Pharmaceuticals, Inc.

$79.31 -$1.46 (-1.81%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$81.12
Day Range
$79.09$83.22
Year Range
$48.2$91.53
Market Cap
3.41B
AVG Volume
923.27K
Trailing/Forward PE
-72.76/47.98
PEG ratio
0.42
Dividend Yield
-
Next Earnings Date
2026-11-03
Primary Exchange
NASDAQUS
Revenue (USD)
050M100M150M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2173.91M
26 Q1162.05M
25 Q4151.67M
25 Q3118.7M
25 Q2102.66M
25 Q178.33M
24 Q466.41M
24 Q348.12M
24 Q240.81M
24 Q127.61M
Net Income (USD)
-40M-30M-20M-10M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-18.55M
26 Q1-6.97M
25 Q4-8.37M
25 Q3-12.59M
25 Q2-20.34M
25 Q1-25.12M
24 Q4-23.11M
24 Q3-23.42M
24 Q2-33.29M
24 Q1-35.73M
Operating Income (USD)
-40M-30M-20M-10M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-19.91M
26 Q1-6.12M
25 Q4-7.98M
25 Q3-14.53M
25 Q2-22.18M
25 Q1-26.28M
24 Q4-24.42M
24 Q3-25.16M
24 Q2-33.3M
24 Q1-37.68M
EBITDA (USD)
-40M-30M-20M-10M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-12.68M
26 Q1-6.75M
25 Q4-3.66M
25 Q3-12.12M
25 Q2-17.65M
25 Q1-22.45M
24 Q4-20.37M
24 Q3-20.68M
24 Q2-30.94M
24 Q1-34.48M
Cash Flows (USD)
-50M050M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q262.7M
26 Q1-30.47M
25 Q412.97M
25 Q316.35M
25 Q2-30.39M
25 Q1-21.24M
24 Q4-27.25M
24 Q3-8.93M
24 Q2-15.44M
24 Q1-37.96M
EPS (USD)
-1.5-1-0.5024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.43
26 Q1-0.16
25 Q4-0.2
25 Q3-0.3
25 Q2-0.48
25 Q1-0.64
24 Q4-0.6
24 Q3-0.61
24 Q2-0.88
24 Q1-1.01
Expenses (USD)
050M100M150M200MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2185.78M
26 Q1164.6M
25 Q4155.07M
25 Q3126.83M
25 Q2119.61M
25 Q199.99M
24 Q490.97M
24 Q370.32M
24 Q272.15M
24 Q163.82M
Cash & Debt (USD)
0200M400M600MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2449.69M
26 Q1388.73M
25 Q4417.27M
25 Q3401.84M
25 Q2381.14M
25 Q1407.92M
24 Q4291.38M
24 Q3316.95M
24 Q2323.58M
24 Q1298.52M
Debt ratios
05101524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Debt ratios by quarter
PeriodDebt ratios
26 Q210.25
26 Q17.47
25 Q45.79
25 Q34.4
25 Q23.8
25 Q13.55
24 Q42.06
24 Q31.93
24 Q21.75
24 Q11.87
Margins
0%25%50%75%100%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Margins by quarter
PeriodMargins
26 Q293.03%
26 Q194.2%
25 Q492.8%
25 Q379.28%
25 Q293.92%
25 Q193.35%
24 Q492.58%
24 Q393.26%
24 Q292.64%
24 Q194.01%
Return on Capital
-15%-10%-5%0%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Return on Capital by quarter
PeriodReturn on Capital
26 Q2-5.35%
26 Q1-2%
25 Q4-2.44%
25 Q3-3.76%
25 Q2-6.12%
25 Q1-7.34%
24 Q4-10.29%
24 Q3-9.86%
24 Q2-13.2%
24 Q1-12.98%
Shares Outstanding
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Shares Outstanding by quarter
PeriodShares Outstanding
26 Q243.39M
26 Q142.96M
25 Q442.78M
25 Q342.61M
25 Q242.36M
25 Q139.35M
24 Q438.56M
24 Q338.38M
24 Q237.82M
24 Q135.3M
Book Value Per Share (USD)
02.557.51024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q27.99
26 Q18.12
25 Q48.03
25 Q37.86
25 Q27.85
25 Q18.7
24 Q45.82
24 Q36.19
24 Q26.67
24 Q17.8
Total Assets (USD)
0200M400M600M800M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
TARS Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2611.14M
26 Q1581.13M
25 Q4562.16M
25 Q3534.56M
25 Q2494.99M
25 Q1500.75M
24 Q4376.99M
24 Q3376.3M
24 Q2376.84M
24 Q1349.28M
Employee Count
0100200300400202020212022202320242025
TARS Employee Count by quarter
PeriodEmployee Count
2025370
2024323
2023244
202287
202146
202020
Free Cash Flow Yield
-10%-5%0%5%med -3.36%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TARS Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 261.79%
Sep 261.56%
Aug 261.98%
Aug 261.95%
Aug 262.05%
Aug 262.19%
Jul 26-1.24%
Jul 26-1.25%
Jul 26-1.23%
Jul 26-1.26%
Jul 26-1.12%
Jun 26-1.17%
Jun 26-1.16%
Jun 26-1.19%
Jun 26-1.24%
May 26-1.24%
May 26-1.18%
May 26-1.18%
May 26-1.2%
May 26-0.82%
Apr 26-0.85%
Apr 26-0.78%
Apr 26-0.72%
Apr 26-0.74%
Mar 26-0.79%
Mar 26-0.81%
Mar 26-0.77%
Mar 26-0.71%
Feb 26-0.69%
Feb 26-2.2%
Feb 26-2.41%
Feb 26-2.27%
Jan 26-2.27%
Jan 26-2.15%
Jan 26-2.06%
Jan 26-1.91%
Jan 26-1.82%
Dec 25-1.79%
Dec 25-1.8%
Dec 25-1.8%
Dec 25-1.79%
Nov 25-1.84%
Nov 25-1.84%
Nov 25-2.01%
Nov 25-2.15%
Oct 25-3.01%
Oct 25-3.14%
Oct 25-2.84%
Oct 25-2.96%
Oct 25-3.18%
Sep 25-3.68%
Sep 25-3.77%
Sep 25-4.2%
Sep 25-3.6%
Aug 25-3.54%
Aug 25-3.62%
Aug 25-3.82%
Aug 25-4.33%
Aug 25-4.54%
Jul 25-4.46%
Jul 25-4.28%
Jul 25-4.73%
Jul 25-4.5%
Jun 25-4.59%
Jun 25-4.56%
Jun 25-4.53%
Jun 25-4.22%
May 25-4.31%
May 25-4.31%
May 25-4.24%
May 25-4.14%
May 25-3.91%
Apr 25-4.65%
Apr 25-4.72%
Apr 25-5%
Apr 25-4.94%
Mar 25-4.49%
Mar 25-4.65%
Mar 25-4.83%
Mar 25-5%
Feb 25-5.22%
Feb 25-5.54%
Feb 25-5.27%
Feb 25-5%
Jan 25-4.93%
Jan 25-5.43%
Jan 25-5.69%
Jan 25-5.03%
Jan 25-4.76%
Dec 24-4.82%
Dec 24-5.01%
Dec 24-5.05%
Dec 24-5.11%
Nov 24-5.05%
Nov 24-5.49%
Nov 24-5.91%
Nov 24-6.93%
Nov 24-7.24%
Oct 24-8.69%
Oct 24-9.35%
Price to Sales
0510152025med 7.91Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TARS Price to Sales by quarter
PeriodPrice to Sales
Sep 265.68
Sep 266.5
Aug 265.14
Aug 265.2
Aug 264.95
Aug 264.64
Jul 264.74
Jul 264.71
Jul 264.8
Jul 264.67
Jul 265.25
Jun 265.05
Jun 265.07
Jun 264.97
Jun 264.76
May 264.77
May 265
May 265.02
May 264.91
May 266.03
Apr 265.82
Apr 266.37
Apr 266.88
Apr 266.65
Mar 266.28
Mar 266.11
Mar 266.44
Mar 266.94
Feb 267.16
Feb 267.75
Feb 267.07
Feb 267.52
Jan 267.51
Jan 267.96
Jan 268.28
Jan 268.95
Jan 269.4
Dec 259.52
Dec 259.47
Dec 259.47
Dec 259.52
Nov 259.31
Nov 259.27
Nov 258.49
Nov 257.94
Oct 259.86
Oct 259.47
Oct 2510.45
Oct 2510.05
Oct 259.34
Sep 258.07
Sep 257.88
Sep 257.08
Sep 258.26
Aug 258.4
Aug 258.21
Aug 257.77
Aug 256.86
Aug 256.87
Jul 256.99
Jul 257.28
Jul 256.6
Jul 256.93
Jun 256.79
Jun 256.84
Jun 256.88
Jun 257.4
May 257.23
May 257.24
May 257.36
May 257.54
May 257.97
Apr 2510.54
Apr 2510.38
Apr 259.79
Apr 259.91
Mar 2510.91
Mar 2510.53
Mar 2510.14
Mar 259.79
Feb 259.38
Feb 2514.17
Feb 2514.87
Feb 2515.68
Jan 2515.92
Jan 2514.44
Jan 2513.77
Jan 2515.6
Jan 2516.48
Dec 2416.29
Dec 2415.67
Dec 2415.55
Dec 2415.34
Nov 2415.53
Nov 2414.28
Nov 2413.27
Nov 2422.42
Nov 2421.46
Oct 2417.88
Oct 2416.61
Price/Operating Cashflow
050010001500med 90.9Nov 21Jan 22Mar 22Apr 22Jun 22Jul 22Sep 26
TARS Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 2643.18
Sep 2649.43
Aug 2639.07
Aug 2639.58
Aug 2637.68
Aug 2635.27
Aug 221383.38
Jul 221215.11
Jul 221205.4
Jul 221185.17
Jul 221190.03
Jul 221215.92
Jun 221241.8
Jun 221049.26
Jun 221065.44
Jun 221120.46
May 221161.71
May 221108.32
May 221062.21
May 2260.99
Apr 22100.79
Apr 2299.42
Apr 22101.18
Apr 2297.49
Apr 2294.68
Mar 2295.45
Mar 2297.71
Mar 2265.67
Mar 2267.29
Feb 2262.53
Feb 2256.4
Feb 2251.07
Feb 2261.86
Jan 2268.73
Jan 2261.26
Jan 2273.14
Jan 2280.47
Dec 2179.31
Dec 2191.4
Dec 2190.9
Dec 2183.61
Dec 2187.13
Nov 2188.12
Nov 2188.37
Nov 2195.84
Price to Book
4681012med 8.05Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TARS Price to Book by quarter
PeriodPrice to Book
Sep 269.93
Sep 2611.36
Aug 268.98
Aug 269.1
Aug 268.66
Aug 268.11
Jul 267.27
Jul 267.22
Jul 267.37
Jul 267.16
Jul 268.06
Jun 267.75
Jun 267.78
Jun 267.63
Jun 267.3
May 267.31
May 267.66
May 267.69
May 267.54
May 267.93
Apr 267.66
Apr 268.38
Apr 269.04
Apr 268.74
Mar 268.25
Mar 268.04
Mar 268.47
Mar 269.13
Feb 269.41
Feb 268.47
Feb 267.73
Feb 268.22
Jan 268.21
Jan 268.69
Jan 269.05
Jan 269.77
Jan 2610.27
Dec 2510.4
Dec 2510.35
Dec 2510.34
Dec 2510.4
Nov 2510.17
Nov 2510.13
Nov 259.27
Nov 258.68
Oct 258.76
Oct 258.41
Oct 259.29
Oct 258.93
Oct 258.3
Sep 257.17
Sep 257
Sep 256.29
Sep 257.34
Aug 257.46
Aug 257.29
Aug 256.9
Aug 256.09
Aug 254.69
Jul 254.77
Jul 254.97
Jul 254.5
Jul 254.73
Jun 254.64
Jun 254.67
Jun 254.7
Jun 255.05
May 254.93
May 254.94
May 255.02
May 255.14
May 255.44
Apr 258.59
Apr 258.46
Apr 257.97
Apr 258.08
Mar 258.89
Mar 258.58
Mar 258.26
Mar 257.98
Feb 257.64
Feb 257.73
Feb 258.12
Feb 258.56
Jan 258.69
Jan 257.88
Jan 257.52
Jan 258.52
Jan 259
Dec 248.89
Dec 248.55
Dec 248.49
Dec 248.37
Nov 248.48
Nov 247.8
Nov 247.25
Nov 247.41
Nov 247.09
Oct 245.91
Oct 245.49
Tarsus Pharmaceuticals, Inc.
TARS
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News: TARS

Tarsus Pharmaceuticals Completes Acquisition of Alkeus Pharmaceuticals, Expanding Leadership in Eye Care

globenewswire.com · 4 Sep 2026

Tarsus Pharmaceuticals Completes Acquisition of Alkeus Pharmaceuticals, Expanding Leadership in Eye Care

Adds gildeuretinol (ALK-001), a differentiated Phase 3 oral investigational medicine designed to target the underlying biology of Stargardt's disease, a potentially blinding disease with no FDA-approved therapy Strengthens Tarsus' differentiated pipeline and leadership in eye care IRVINE, Calif., Sept. 04, 2026 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (Nasdaq: TARS) today announced that it has completed its previously announced acquisition of Alkeus Pharmaceuticals, Inc., a privately held retinal disease-focused biotechnology company.

114,458 Shares in Tarsus Pharmaceuticals, Inc. $TARS Bought by Bank of New York Mellon Corp

defenseworld.net · 4 Sep 2026

114,458 Shares in Tarsus Pharmaceuticals, Inc. $TARS Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new stake in Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 114,458 shares of the company's stock, valued at approximately $7,204,000. Bank of New York Mellon

Alkeus Announces Publication in JAMA Ophthalmology of Efficacy and Safety Results from the TEASE-1 Study of Gildeuretinol in Stargardt Disease

globenewswire.com · 3 Sep 2026

Alkeus Announces Publication in JAMA Ophthalmology of Efficacy and Safety Results from the TEASE-1 Study of Gildeuretinol in Stargardt Disease

Daily treatment with oral gildeuretinol met the primary endpoint and resulted in a statistically significant reduction in the growth rate of retinal atrophic lesions compared to untreated group. Gildeuretinol was well tolerated with no patient-reported events of dark adaptation delays or night blindness.

Tarsus to Participate in Upcoming Investor Conferences

globenewswire.com · 1 Sep 2026

Tarsus to Participate in Upcoming Investor Conferences

IRVINE, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), today announced that management plans to attend the following upcoming investor conferences: Wells Fargo 21st Annual Healthcare Conference on Tuesday, September 8th H.C.

Alkeus Pharmaceuticals Announces Japan Ministry of Health, Labour and Welfare (MHLW) Has Granted Orphan Drug Designation to Gildeuretinol for Stargardt Disease

globenewswire.com · 24 Aug 2026

Alkeus Pharmaceuticals Announces Japan Ministry of Health, Labour and Welfare (MHLW) Has Granted Orphan Drug Designation to Gildeuretinol for Stargardt Disease

CAMBRIDGE, Mass., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Alkeus Pharmaceuticals, Inc., a biopharmaceutical company dedicated to preserving the sight of individuals impacted by retinal diseases, today announced that the Ministry of Health, Labour and Welfare (MHLW) in Japan has granted Orphan Drug Designation for oral gildeuretinol for the treatment of Stargardt disease.

Tarsus Pharmaceuticals Q2 Earnings Call Highlights

marketbeat.com · 7 Aug 2026

Tarsus Pharmaceuticals Q2 Earnings Call Highlights

Tarsus Pharmaceuticals NASDAQ: TARS reported second-quarter growth in sales of its Demodex blepharitis treatment XDEMVY and announced a pending acquisition of Alkeus Pharmaceuticals, adding late-stage investigational Stargardt disease therapy gildeuretinol, also known as ALK-001, to its pipeline.

Tarsus Pharmaceuticals, Inc. (TARS) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

Tarsus Pharmaceuticals, Inc. (TARS) Q2 2026 Earnings Call Transcript

Tarsus Pharmaceuticals, Inc. (TARS) Q2 2026 Earnings Call Transcript

Tarsus Pharmaceuticals, Inc. (TARS) Reports Q2 Loss, Tops Revenue Estimates

zacks.com · 6 Aug 2026

Tarsus Pharmaceuticals, Inc. (TARS) Reports Q2 Loss, Tops Revenue Estimates

Tarsus Pharmaceuticals, Inc. (TARS) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.48 per share a year ago.

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