Tarsus Pharmaceuticals (TARS) Enterprise Value (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly Enterprise Value of -$102.2 million in Q1 2026, up 75.51% quarter-over-quarter from -$417.3 million in Q4 2025, and up 74.95% on a YoY basis from -$58.4 million in Q1 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.
- In Q1 2026, Enterprise Value rose 74.95% year-over-year to -$102.2 million; the TTM figure through Mar 2026 stood at -$102.2 million (up 74.95% YoY), while the FY2025 annual figure was -$417.3 million, down 340.07% from the prior year.
- Enterprise Value was -$102.2 million for Q1 2026 at Tarsus Pharmaceuticals, up from -$417.3 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$94.8 million in Q4 2024 to a low of -$417.3 million in Q4 2025.
- Historically, Enterprise Value has averaged -$262.5 million across 5 years, with a median of -$245.4 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Enterprise Value tumbled 340.07% in 2025, then soared 74.95% in 2026.
- A 5-year view of Enterprise Value shows it stood at -$217.0 million in 2022, then declined by 4.8% to -$227.4 million in 2023, then jumped by 58.31% to -$94.8 million in 2024, then tumbled by 340.07% to -$417.3 million in 2025, then soared by 75.51% to -$102.2 million in 2026.
- The last three Enterprise Value figures came in at -$102.2 million (Q1 2026), -$417.3 million (Q4 2025), and -$401.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | -32.30 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -4.14 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -286.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -18.44 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -2.77 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -7.20 Mn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | -7.25 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -584.73 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | -102.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -102.19 Mn |
| Dec 31, 2025 | -417.27 Mn |
| Sep 30, 2025 | -401.84 Mn |
| Jun 30, 2025 | -381.14 Mn |
| Mar 31, 2025 | -407.92 Mn |
| Dec 31, 2024 | -94.82 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 |