Tarsus Pharmaceuticals (TARS) Common Equity (2019 - 2026)
Tarsus Pharmaceuticals' Common Equity came in at $104.03 million for Q3 2026, down 69.0% from $335.08 million a year earlier and down 70.0% from the prior quarter.
Tarsus Pharmaceuticals (TARS) Common Equity (2019 - 2026) Analysis & Trends
At the end of FY2025, Tarsus Pharmaceuticals' Common Equity was $343.43 million, up 53.0% from FY2024.
- Common Equity has increased in each of the last five years, with a five-year compound annual growth rate of 15.7% (FY2020 to FY2025).
- Going back by year, Common Equity was $224.53 million in FY2024 (+14.0%), $196.99 million in FY2023 (+2.1%), $192.9 million in FY2022 (+15.7%) and $166.73 million in FY2021 (+0.5%).
- The Q3 2026 figure represents the lowest quarterly Common Equity since Q3 2020.
- Year-over-year, Common Equity increased in seven of the last eight quarters, with growth averaging 12.7%.
- The fastest year-over-year change in Common Equity over five years came in Q2 2024 (growth of 70.7%), and the weakest in Q3 2026 (a decline of 69.0%).
- Business Quant data shows TARS's Common Equity at $346.73 million (Q2 2026), $348.95 million (Q1 2026) and $343.43 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 40.27 Bn |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 81.53 Bn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | -4.58 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 44.95 Bn |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 41.95 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 50.37 Bn |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 14.35 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 13.04 Bn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 89.30 Bn |
| 10 | Tarsus Pharmaceuticals | 3.35 Bn | 2.41 Bn | 180.68 Mn | 104.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 104.03 Mn |
| Jun 30, 2026 | 346.73 Mn |
| Mar 31, 2026 | 348.95 Mn |
| Dec 31, 2025 | 343.43 Mn |
| Sep 30, 2025 | 335.08 Mn |
| Jun 30, 2025 | 332.61 Mn |
| Mar 31, 2025 | 342.46 Mn |
| Dec 31, 2024 | 224.53 Mn |
| Sep 30, 2024 | 237.48 Mn |
| Jun 30, 2024 | 252.25 Mn |
| Mar 31, 2024 | 275.21 Mn |
| Dec 31, 2023 | 196.99 Mn |
| Sep 30, 2023 | 213.66 Mn |
| Jun 30, 2023 | 147.73 Mn |
| Mar 31, 2023 | 173.40 Mn |
| Dec 31, 2022 | 192.90 Mn |
| Sep 30, 2022 | 202.63 Mn |
| Jun 30, 2022 | 221.51 Mn |
| Mar 31, 2022 | 149.20 Mn |
| Dec 31, 2021 | 166.73 Mn |
Tarsus Pharmaceuticals Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=TARS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "TARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();