Tarsus Pharmaceuticals (TARS) Cost of Revenue (2021 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly Cost of Revenue of $9.4 million in Q1 2026, down 14.01% quarter-over-quarter from $10.9 million in Q4 2025, and up 80.31% on a YoY basis from $5.2 million in Q1 2025.
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 was $9.4 million for Q1 2026 at Tarsus Pharmaceuticals, down from $10.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $10.9 million in Q4 2025 to a low of -$555000.0 in Q4 2022.
- Historically, Cost of Revenue has averaged $3.9 million across 5 years, with a median of $3.1 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue sank 2212.5% in 2022, then jumped 759.95% in 2024.
- A 5-year view of Cost of Revenue shows it stood at -$555000.0 in 2022, then surged by 319.1% to $1.2 million in 2023, then surged by 305.1% to $4.9 million in 2024, then soared by 121.82% to $10.9 million in 2025, then retreated by 14.01% to $9.4 million in 2026.
- The last three Cost of Revenue figures came in at $9.4 million (Q1 2026), $10.9 million (Q4 2025), and $8.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (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 | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 2.05 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | 9.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.40 Mn |
| Mar 31, 2026 | 9.40 Mn |
| Dec 31, 2025 | 10.93 Mn |
| Dec 31, 2025 | 10.93 Mn |
| Sep 30, 2025 | 8.31 Mn |
| Sep 30, 2025 | 8.31 Mn |
| Jun 30, 2025 | 6.24 Mn |
| Jun 30, 2025 | 6.24 Mn |
| Mar 31, 2025 | 5.21 Mn |
| Mar 31, 2025 | 5.21 Mn |
| Dec 31, 2024 | 4.93 Mn |
| Dec 31, 2024 | 4.93 Mn |
| Sep 30, 2024 | 3.24 Mn |
| Sep 30, 2024 | 3.24 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 1.22 Mn |
| Dec 31, 2023 | 1.22 Mn |