Tarsus Pharmaceuticals (TARS) Enterprise Value (2019 - 2026)
Tarsus Pharmaceuticals' (TARS) quarterly Enterprise Value came in at -$102.2 million in Q1 2026, up 74.95% year-on-year from -$58.4 million in Q1 2025, and up 44.52% quarter-over-quarter from -$184.2 million in Q4 2025.
Tarsus Pharmaceuticals (TARS) Enterprise Value (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Enterprise Value history runs 8 years deep, the most recent figure standing at -$102.2 million for Q1 2026.
- On a quarterly basis, Enterprise Value rose 74.95% year-over-year to -$102.2 million in Q1 2026; TTM through Mar 2026 was -$102.2 million, a 74.95% increase from a year earlier, with the FY2025 full-year figure at -$184.2 million, up 36.78% from the prior year.
- Enterprise Value grew to -$102.2 million in Q1 2026 per TARS's latest filing, from -$184.2 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$102.2 million in Q1 2026 and bottomed at -$407.9 million in Q1 2025.
- The 5-year median for Enterprise Value is -$245.4 million (2022), against an average of -$260.3 million.
- Across the five-year window, Enterprise Value plunged 81.55% in 2024 and surged 74.95% in 2026, its largest moves.
- Year by year, Enterprise Value stood at -$217.0 million in 2022, then declined by 4.8% to -$227.4 million in 2023, then decreased by 28.11% to -$291.4 million in 2024, then jumped by 36.78% to -$184.2 million in 2025, then soared by 44.52% to -$102.2 million in 2026.
- Per Business Quant, the three latest TARS Enterprise Value figures stand at -$102.2 million (Q1 2026), -$184.2 million (Q4 2025), and -$401.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -283.54 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | -61.40 Mn |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | -4.79 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -32.26 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | -7.25 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | -8.75 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | -5.18 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -1.91 Bn |
| 10 | Tarsus Pharmaceuticals | 2.52 Bn | 2.41 Bn | 152.66 Mn | -102.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -102.19 Mn |
| Dec 31, 2025 | -184.20 Mn |
| Sep 30, 2025 | -401.84 Mn |
| Jun 30, 2025 | -381.14 Mn |
| Mar 31, 2025 | -407.92 Mn |
| Dec 31, 2024 | -291.38 Mn |
| Sep 30, 2024 | -316.95 Mn |
| Jun 30, 2024 | -323.58 Mn |
| Mar 31, 2024 | -298.52 Mn |
| Dec 31, 2023 | -227.44 Mn |
| Sep 30, 2023 | -246.89 Mn |
| Jun 30, 2023 | -178.23 Mn |
| Mar 31, 2023 | -201.22 Mn |
| Dec 31, 2022 | -217.03 Mn |
| Sep 30, 2022 | -226.57 Mn |
| Jun 30, 2022 | -245.40 Mn |
| Mar 31, 2022 | -175.29 Mn |
| Dec 31, 2021 | -171.82 Mn |
| Sep 30, 2021 | -183.80 Mn |
| Jun 30, 2021 | -176.70 Mn |