Tarsus Pharmaceuticals (TARS) EBITDA Margin (2021 - 2026)
Tarsus Pharmaceuticals' EBITDA Margin was -10.87% in Q2 2026, up 10.35 percentage points from -21.22% a year earlier but down 7.37 percentage points from the prior quarter.
Tarsus Pharmaceuticals (TARS) EBITDA Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tarsus Pharmaceuticals' EBITDA Margin was -7.62% through Jun 30, 2026, up 25.01 percentage points year-over-year; for FY2025, it was -15.30%, up 49.92 percentage points from FY2024.
- EBITDA Margin shows a four-year change of +5.47 percentage points (FY2021 to FY2025).
- In earlier years, EBITDA Margin was -65.22% in FY2024 (+750.28 pp), -815.50% in FY2023 (-573.84 pp), -241.66% in FY2022 (-220.89 pp) and -20.77% in FY2021.
- Quarterly EBITDA Margin has moved between -4262.72% (Q4 2021) and -3.51% (Q1 2026) over five years.
- Compared with a year earlier, EBITDA Margin has increased for eight straight quarters, with an average year-over-year change of +337.47 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2022 (a gain of 4113.09 percentage points); the worst was Q1 2022 (a drop of 3646.34 percentage points).
- Per Business Quant data, TARS's EBITDA Margin in the three quarters before Q2 2026 was -3.51% (Q1 2026), -4.94% (Q4 2025) and -11.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 53.49% |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 35.95% |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 49.01% |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 6.02% |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 33.11% |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 46.01% |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | -124.26% |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 39.16% |
| 10 | Tarsus Pharmaceuticals | 3.06 Bn | 2.01 Bn | 161.80 Mn | -10.78% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.78% |
| Mar 31, 2026 | -3.41% |
| Dec 31, 2025 | -4.84% |
| Sep 30, 2025 | -11.78% |
| Jun 30, 2025 | -21.08% |
| Mar 31, 2025 | -32.78% |
| Dec 31, 2024 | -35.90% |
| Sep 30, 2024 | -51.40% |
| Jun 30, 2024 | -80.86% |
| Mar 31, 2024 | -134.97% |
| Dec 31, 2023 | -336.46% |
| Sep 30, 2023 | -2,175.41% |
| Mar 31, 2023 | -990.68% |
| Dec 31, 2022 | -148.85% |
| Jun 30, 2022 | -33.36% |
| Mar 31, 2022 | -3,603.90% |
| Dec 31, 2021 | -4,262.72% |
| Sep 30, 2021 | -1,259.84% |
| Jun 30, 2021 | 33.64% |
| Mar 31, 2021 | 32.24% |
Tarsus Pharmaceuticals EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TARS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();