Tarsus Pharmaceuticals (TARS) Cash & Equivalents (2019 - 2026)
Tarsus Pharmaceuticals' (TARS) quarterly Cash & Equivalents came in at $102.2 million in Q1 2026, down 41.87% year-on-year from $175.8 million in Q1 2025, and down 44.35% quarter-over-quarter from $183.6 million in Q4 2025.
Tarsus Pharmaceuticals (TARS) Cash & Equivalents (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Cash & Equivalents history runs 8 years deep, the most recent figure standing at $102.2 million for Q1 2026.
- On a quarterly basis, Cash & Equivalents fell 41.87% year-over-year to $102.2 million in Q1 2026; TTM through Mar 2026 was $102.2 million, a 41.87% decrease from a year earlier, with the FY2025 full-year figure at $183.6 million, up 93.68% from the prior year.
- Cash & Equivalents eased to $102.2 million in Q1 2026 per TARS's latest filing, from $183.6 million in the prior quarter.
- Across five years, Cash & Equivalents topped out at $245.4 million in Q2 2022 and bottomed at $66.0 million in Q1 2023.
- The 5-year median for Cash & Equivalents is $175.0 million (2022), against an average of $153.1 million.
- Biggest YoY gain for Cash & Equivalents was 213.91% in 2023; the steepest drop was 62.29% in 2023.
- Year by year, Cash & Equivalents stood at $71.7 million in 2022, then jumped by 213.91% to $224.9 million in 2023, then tumbled by 57.85% to $94.8 million in 2024, then surged by 93.68% to $183.6 million in 2025, then plunged by 44.35% to $102.2 million in 2026.
- Per Business Quant, the three latest TARS Cash & Equivalents figures stand at $102.2 million (Q1 2026), $183.6 million (Q4 2025), and $112.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | 82.45 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 61.40 Mn |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 4.79 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | 32.26 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 5.49 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 3.58 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 440.94 Mn |
| 10 | Tarsus Pharmaceuticals | 2.52 Bn | 2.41 Bn | 152.66 Mn | 102.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 102.19 Mn |
| Dec 31, 2025 | 183.64 Mn |
| Sep 30, 2025 | 112.72 Mn |
| Jun 30, 2025 | 96.65 Mn |
| Mar 31, 2025 | 175.79 Mn |
| Dec 31, 2024 | 94.82 Mn |
| Sep 30, 2024 | 176.21 Mn |
| Jun 30, 2024 | 181.10 Mn |
| Mar 31, 2024 | 193.71 Mn |
| Dec 31, 2023 | 224.95 Mn |
| Sep 30, 2023 | 226.67 Mn |
| Jun 30, 2023 | 106.77 Mn |
| Mar 31, 2023 | 66.00 Mn |
| Dec 31, 2022 | 71.66 Mn |
| Sep 30, 2022 | 169.49 Mn |
| Jun 30, 2022 | 245.40 Mn |
| Mar 31, 2022 | 175.00 Mn |
| Dec 31, 2021 | 171.33 Mn |
| Sep 30, 2021 | 183.80 Mn |
| Jun 30, 2021 | 176.70 Mn |