Tarsus Pharmaceuticals (TARS) Cost of Revenue (2021 - 2026)
Tarsus Pharmaceuticals' (TARS) quarterly Cost of Revenue came in at $9.4 million in Q1 2026, up 80.31% year-on-year from $5.2 million in Q1 2025, and down 14.01% quarter-over-quarter from $10.9 million in Q4 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.
- On a quarterly basis, Cost of Revenue rose 80.31% year-over-year to $9.4 million in Q1 2026; TTM through Mar 2026 was $34.9 million, a 112.84% increase from a year earlier, with the FY2025 full-year figure at $30.7 million, up 139.23% from the prior year.
- Cost of Revenue eased to $9.4 million in Q1 2026 per TARS's latest filing, from $10.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $10.9 million in Q4 2025 and bottomed 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.
- Biggest YoY gain for Cost of Revenue was 1766.67% in 2022; the steepest drop was 97.46% in 2022.
- Year by year, Cost of Revenue stood at $400000.0 in 2022, then surged by 204.0% 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.
- Per Business Quant, the three latest TARS Cost of Revenue figures stand at $9.4 million (Q1 2026), $10.9 million (Q4 2025), and $8.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | - |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 167.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 392.80 Mn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 296.00 Mn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | - |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 145.00 Mn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | - |
| 10 | Tarsus Pharmaceuticals | 2.58 Bn | 2.48 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 |