Tarsus Pharmaceuticals (TARS) Change in Cash (2019 - 2026)

Tarsus Pharmaceuticals (TARS) recorded quarterly Change in Cash of -$82.0 million in Q1 2026, down 215.64% quarter-over-quarter from $70.9 million in Q4 2025, and down 201.29% on a YoY basis from $81.0 million in Q1 2025.

Tarsus Pharmaceuticals (TARS) Change in Cash (2019 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' Change in Cash history runs 8 years deep, the most recent figure standing at -$82.0 million for Q1 2026.

  • In Q1 2026, Change in Cash fell 201.29% year-over-year to -$82.0 million; the TTM figure through Mar 2026 stood at -$74.2 million (down 382.95% YoY), while the FY2025 annual figure was $88.8 million, up 169.63% from the prior year.
  • Change in Cash was -$82.0 million for Q1 2026 at Tarsus Pharmaceuticals, down from $70.9 million in the prior quarter.
  • In the past five years, Change in Cash ranged from a high of $119.9 million in Q3 2023 to a low of -$97.8 million in Q4 2022.
  • Historically, Change in Cash has averaged -$3.9 million across 5 years, with a median of -$4.9 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Change in Cash plunged 4469.8% in 2024, then soared 429.09% in 2025.
  • A 5-year view of Change in Cash shows it stood at -$97.8 million in 2022, then jumped by 98.24% to -$1.7 million in 2023, then slumped by 4469.8% to -$78.8 million in 2024, then surged by 189.96% to $70.9 million in 2025, then sank by 215.64% to -$82.0 million in 2026.
  • The last three Change in Cash figures came in at -$82.0 million (Q1 2026), $70.9 million (Q4 2025), and $16.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.44 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 623.00 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.44 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 417.10 Mn
9 Abivax 91.96 Bn 91.96 Bn - -45.97 Mn
10 Tarsus Pharmaceuticals 2.71 Bn 2.61 Bn 152.66 Mn -82.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -82.01 Mn
Dec 31, 2025 70.92 Mn
Sep 30, 2025 16.08 Mn
Jun 30, 2025 -79.14 Mn
Mar 31, 2025 80.97 Mn
Dec 31, 2024 -78.83 Mn
Sep 30, 2024 -4.89 Mn
Jun 30, 2024 -12.61 Mn
Mar 31, 2024 -31.24 Mn
Dec 31, 2023 -1.73 Mn
Sep 30, 2023 119.90 Mn
Jun 30, 2023 40.78 Mn
Mar 31, 2023 -5.66 Mn
Dec 31, 2022 -97.83 Mn
Sep 30, 2022 -75.87 Mn
Jun 30, 2022 70.35 Mn
Mar 31, 2022 3.68 Mn
Dec 31, 2021 -12.47 Mn
Sep 30, 2021 7.07 Mn
Jun 30, 2021 20.54 Mn