Tarsus Pharmaceuticals TARS
NASDAQ TARS
$90.78 +7.57 (+9.10%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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