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| 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 |