Tarsus Pharmaceuticals TARS
NASDAQ TARS
$89.84 +6.63 (+7.97%)
As of: Sep 4, 2026 · 3:12 PM EDT

Tarsus Pharmaceuticals (TARS) EBITDA (2019 - 2026)

Tarsus Pharmaceuticals (TARS) posted quarterly EBITDA of -$6.1 million for Q1 2026, up 76.7% year-over-year from -$3.5 million in Q1 2025, and up 23.24% quarter-over-quarter from -$8.0 million in Q4 2025.

Analysis

Tarsus Pharmaceuticals (TARS) EBITDA (2019 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' EBITDA history runs 8 years deep, the most recent figure standing at -$6.1 million for Q1 2026.

  • In Q1 2026, EBITDA rose 76.7% year-over-year to -$6.1 million; the TTM figure through Mar 2026 stood at -$50.8 million (up 53.45% YoY), while the FY2025 annual figure was -$71.0 million, up 41.14% from the prior year.
  • EBITDA for Q1 2026 stood at -$6.1 million, up from -$8.0 million in the prior quarter.
  • The five-year high for EBITDA was -$5.2 million in Q2 2022, with the low at -$44.4 million in Q4 2023.
  • The 5-year median for EBITDA is -$24.4 million (2024), against an average of -$23.7 million.
  • The sharpest annual moves came in 2023 and 2026: EBITDA slumped 528.27% in 2023, then soared 76.7% in 2026.
  • Tarsus Pharmaceuticals' EBITDA stood at -$15.1 million in 2022, then sank by 195.13% to -$44.4 million in 2023, then jumped by 45.06% to -$24.4 million in 2024, then surged by 67.34% to -$8.0 million in 2025, then rose by 23.24% to -$6.1 million in 2026.
  • Business Quant data shows TARS's EBITDA at -$6.1 million in Q1 2026, -$8.0 million in Q4 2025, and -$14.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 138.51 Bn 130.66 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.24 Bn 77.25 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.46 Bn 58.28 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.89 Bn 52.75 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.02 Bn 44.02 Bn - -505.13 Mn
6 BeOne Medicines 39.95 Bn 34.85 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.49 Bn 32.19 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.43 Bn 27.59 Bn - 133.12 Mn
9 Insmed 27.39 Bn 26.22 Bn 358.27 Mn -1.55 Mn
10 Tarsus Pharmaceuticals 3.89 Bn 3.44 Bn 161.80 Mn -19.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.91 Mn
Mar 31, 2026 -6.12 Mn
Dec 31, 2025 -7.98 Mn
Sep 30, 2025 -14.53 Mn
Jun 30, 2025 -22.18 Mn
Mar 31, 2025 -26.28 Mn
Dec 31, 2024 -24.42 Mn
Sep 30, 2024 -25.16 Mn
Jun 30, 2024 -33.30 Mn
Mar 31, 2024 -37.68 Mn
Dec 31, 2023 -44.45 Mn
Sep 30, 2023 -40.94 Mn
Jun 30, 2023 -32.82 Mn
Mar 31, 2023 -24.95 Mn
Dec 31, 2022 -15.06 Mn
Sep 30, 2022 -22.91 Mn
Jun 30, 2022 -5.22 Mn
Mar 31, 2022 -19.52 Mn
Dec 31, 2021 -14.45 Mn
Sep 30, 2021 -15.71 Mn