Tarsus Pharmaceuticals (TARS) Change in Cash (2019 - 2026)
Tarsus Pharmaceuticals (TARS) posted quarterly Change in Cash of -$82.0 million for Q1 2026, down 201.29% year-over-year from $81.0 million in Q1 2025, and down 215.64% quarter-over-quarter from $70.9 million in Q4 2025.
Analysis
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 for Q1 2026 stood at -$82.0 million, down from $70.9 million in the prior quarter.
- The five-year high for Change in Cash was $119.9 million in Q3 2023, with the low at -$97.8 million in Q4 2022.
- The 5-year median for Change in Cash is -$4.9 million (2024), against an average of -$3.9 million.
- The sharpest annual moves came in 2024 and 2025: Change in Cash tumbled 4469.8% in 2024, then surged 429.09% in 2025.
- Tarsus Pharmaceuticals' Change in Cash stood at -$97.8 million in 2022, then soared by 98.24% to -$1.7 million in 2023, then sank by 4469.8% to -$78.8 million in 2024, then jumped by 189.96% to $70.9 million in 2025, then plunged by 215.64% to -$82.0 million in 2026.
- Business Quant data shows TARS's Change in Cash at -$82.0 million in Q1 2026, $70.9 million in Q4 2025, and $16.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 649.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | -504.60 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -185.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 374.50 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 427.25 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | -2.94 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 225.59 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | -37.42 Mn |
| 10 | Tarsus Pharmaceuticals | 3.96 Bn | 3.51 Bn | 161.80 Mn | 102.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 102.40 Mn |
| 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 |