Tarsus Pharmaceuticals (TARS) Cost of Revenue (2021 - 2026)
Tarsus Pharmaceuticals (TARS) posted quarterly Cost of Revenue of $9.4 million for Q1 2026, up 80.31% year-over-year from $5.2 million in Q1 2025, and down 14.01% quarter-over-quarter from $10.9 million in Q4 2025.
Analysis
Tarsus Pharmaceuticals (TARS) Cost of Revenue (2021 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Cost of Revenue history runs 6 years deep, the most recent figure standing at $9.4 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 80.31% year-over-year to $9.4 million; the TTM figure through Mar 2026 stood at $34.9 million (up 112.84% YoY), while the FY2025 annual figure was $30.7 million, up 139.23% from the prior year.
- Cost of Revenue for Q1 2026 stood at $9.4 million, down from $10.9 million in the prior quarter.
- The five-year high for Cost of Revenue was $10.9 million in Q4 2025, with the low at $33000.0 in Q1 2022.
- The 5-year median for Cost of Revenue is $3.1 million (2024), against an average of $4.0 million.
- Peak annual rise in Cost of Revenue reached 1766.67% in 2022, while the deepest fall reached 97.46% in 2022.
- Tarsus Pharmaceuticals' Cost of Revenue stood at $400000.0 in 2022, then jumped by 204.0% to $1.2 million in 2023, then jumped by 305.1% to $4.9 million in 2024, then surged by 121.82% to $10.9 million in 2025, then fell by 14.01% to $9.4 million in 2026.
- Business Quant data shows TARS's Cost of Revenue at $9.4 million in Q1 2026, $10.9 million in Q4 2025, and $8.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 489.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 360.70 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 145.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 93.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 174.53 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 298.26 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 67.21 Mn |
| 10 | Tarsus Pharmaceuticals | 3.96 Bn | 3.51 Bn | 161.80 Mn | 12.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.11 Mn |
| Mar 31, 2026 | 9.40 Mn |
| Dec 31, 2025 | 10.93 Mn |
| Sep 30, 2025 | 8.31 Mn |
| Jun 30, 2025 | 6.24 Mn |
| Mar 31, 2025 | 5.21 Mn |
| Dec 31, 2024 | 4.93 Mn |
| Sep 30, 2024 | 3.24 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 1.22 Mn |
| Sep 30, 2023 | 377,000.00 |
| Dec 31, 2022 | 400,000.00 |
| Jun 30, 2022 | 522,000.00 |
| Mar 31, 2022 | 33,000.00 |
| Dec 31, 2021 | -24,000.00 |
| Sep 30, 2021 | 65,000.00 |
| Jun 30, 2021 | 737,000.00 |
| Mar 31, 2021 | 1.30 Mn |