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
DateValue
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