Tarsus Pharmaceuticals (TARS) Change in Cash (2019 - 2026)
Tarsus Pharmaceuticals' (TARS) quarterly Change in Cash came in at -$82.0 million in Q1 2026, down 201.29% year-on-year from $81.0 million in Q1 2025, and down 215.64% quarter-over-quarter from $70.9 million in Q4 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.
- On a quarterly basis, Change in Cash fell 201.29% year-over-year to -$82.0 million in Q1 2026; TTM through Mar 2026 was -$74.2 million, a 382.95% decrease from a year earlier, with the FY2025 full-year figure at $88.8 million, up 169.63% from the prior year.
- Change in Cash fell to -$82.0 million in Q1 2026 per TARS's latest filing, from $70.9 million in the prior quarter.
- Across five years, Change in Cash topped out at $119.9 million in Q3 2023 and bottomed 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.
- Across the five-year window, Change in Cash plunged 4469.8% in 2024 and surged 429.09% in 2025, its largest moves.
- Year by year, Change in Cash stood at -$97.8 million in 2022, then jumped by 98.24% to -$1.7 million in 2023, then plunged by 4469.8% to -$78.8 million in 2024, then surged by 189.96% to $70.9 million in 2025, then tumbled by 215.64% to -$82.0 million in 2026.
- Per Business Quant, the three latest TARS Change in Cash figures stand at -$82.0 million (Q1 2026), $70.9 million (Q4 2025), and $16.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -22.03 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 243.78 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -1.34 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 417.10 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | -153.10 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 57.19 Mn |
| 10 | Tarsus Pharmaceuticals | 2.52 Bn | 2.41 Bn | 152.66 Mn | -82.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |