Tarsus Pharmaceuticals (TARS) EBITDA (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly EBITDA of -$7.6 million in Q1 2026, up 7.67% quarter-over-quarter from -$8.3 million in Q4 2025, and up 69.68% on a YoY basis from -$4.5 million in Q1 2025.
Tarsus Pharmaceuticals (TARS) EBITDA (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' EBITDA history runs 8 years deep, the most recent figure standing at -$7.6 million for Q1 2026.
- In Q1 2026, EBITDA rose 69.68% year-over-year to -$7.6 million; the TTM figure through Mar 2026 stood at -$48.6 million (up 53.58% YoY), while the FY2025 annual figure was -$66.2 million, up 42.61% from the prior year.
- EBITDA was -$7.6 million for Q1 2026 at Tarsus Pharmaceuticals, up from -$8.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$5.7 million in Q2 2022 to a low of -$41.9 million in Q4 2023.
- Historically, EBITDA has averaged -$22.8 million across 5 years, with a median of -$22.9 million in 2024.
- The sharpest annual moves came in 2023 and 2026: EBITDA sank 446.35% in 2023, then jumped 69.68% in 2026.
- A 5-year view of EBITDA shows it stood at -$13.7 million in 2022, then slumped by 206.64% to -$41.9 million in 2023, then soared by 44.43% to -$23.3 million in 2024, then jumped by 64.43% to -$8.3 million in 2025, then gained by 7.67% to -$7.6 million in 2026.
- The last three EBITDA figures came in at -$7.6 million (Q1 2026), -$8.3 million (Q4 2025), and -$12.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | -7.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.65 Mn |
| Dec 31, 2025 | -8.28 Mn |
| Sep 30, 2025 | -12.34 Mn |
| Jun 30, 2025 | -20.39 Mn |
| Mar 31, 2025 | -25.21 Mn |
| Dec 31, 2024 | -23.28 Mn |
| Sep 30, 2024 | -22.90 Mn |
| Jun 30, 2024 | -33.40 Mn |
| Mar 31, 2024 | -35.79 Mn |
| Dec 31, 2023 | -41.90 Mn |
| Sep 30, 2023 | -39.13 Mn |
| Jun 30, 2023 | -31.38 Mn |
| Mar 31, 2023 | -23.42 Mn |
| Dec 31, 2022 | -13.66 Mn |
| Sep 30, 2022 | -22.52 Mn |
| Jun 30, 2022 | -5.74 Mn |
| Mar 31, 2022 | -20.24 Mn |
| Dec 31, 2021 | -14.85 Mn |
| Sep 30, 2021 | -15.70 Mn |
| Jun 30, 2021 | 6.35 Mn |