Tarsus Pharmaceuticals (TARS) EBT (2019 - 2026)

Tarsus Pharmaceuticals (TARS) recorded quarterly EBT of -$4.5 million in Q1 2026, up 27.44% quarter-over-quarter from -$6.2 million in Q4 2025, and up 81.92% on a YoY basis from -$2.5 million in Q1 2025.

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

Tarsus Pharmaceuticals' EBT history runs 8 years deep, the most recent figure standing at -$4.5 million for Q1 2026.

  • In Q1 2026, EBT rose 81.92% year-over-year to -$4.5 million; the TTM figure through Mar 2026 stood at -$43.6 million (up 57.58% YoY), while the FY2025 annual figure was -$64.4 million, up 44.3% from the prior year.
  • EBT was -$4.5 million for Q1 2026 at Tarsus Pharmaceuticals, up from -$6.2 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$4.5 million in Q1 2026 to a low of -$42.5 million in Q4 2023.
  • Historically, EBT has averaged -$22.3 million across 5 years, with a median of -$23.1 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: EBT slumped 474.12% in 2023, then jumped 81.92% in 2026.
  • A 5-year view of EBT shows it stood at -$13.6 million in 2022, then slumped by 211.62% to -$42.5 million in 2023, then surged by 45.63% to -$23.1 million in 2024, then surged by 72.97% to -$6.2 million in 2025, then rose by 27.44% to -$4.5 million in 2026.
  • The last three EBT figures came in at -$4.5 million (Q1 2026), -$6.2 million (Q4 2025), and -$12.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 19.60 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.18 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.31 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Tarsus Pharmaceuticals 2.71 Bn 2.61 Bn 152.66 Mn -4.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.53 Mn
Dec 31, 2025 -6.24 Mn
Sep 30, 2025 -12.68 Mn
Jun 30, 2025 -20.20 Mn
Mar 31, 2025 -25.04 Mn
Dec 31, 2024 -23.09 Mn
Sep 30, 2024 -23.49 Mn
Jun 30, 2024 -31.28 Mn
Mar 31, 2024 -35.55 Mn
Dec 31, 2023 -42.46 Mn
Sep 30, 2023 -38.95 Mn
Jun 30, 2023 -31.41 Mn
Mar 31, 2023 -23.34 Mn
Dec 31, 2022 -13.63 Mn
Sep 30, 2022 -22.48 Mn
Jun 30, 2022 -5.47 Mn
Mar 31, 2022 -19.84 Mn
Dec 31, 2021 -14.44 Mn
Sep 30, 2021 -15.70 Mn
Jun 30, 2021 7.29 Mn