Tarsus Pharmaceuticals (TARS) Enterprise Value (2020 - 2026)
Tarsus Pharmaceuticals (TARS) posted quarterly Enterprise Value of -$102.2 million for Q1 2026, up 74.95% year-over-year from -$58.4 million in Q1 2025, and up 44.52% quarter-over-quarter from -$184.2 million in Q4 2025.
Analysis
Tarsus Pharmaceuticals (TARS) Enterprise Value (2020 - 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 -$184.2 million, up 36.78% from the prior year.
- Enterprise Value for Q1 2026 stood at -$102.2 million, up from -$184.2 million in the prior quarter.
- The five-year high for Enterprise Value was -$102.2 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2024 and 2026: Enterprise Value tumbled 81.55% in 2024, then surged 74.95% in 2026.
- Tarsus Pharmaceuticals' Enterprise Value stood at -$217.0 million in 2022, then dropped by 4.8% to -$227.4 million in 2023, then retreated by 28.11% to -$291.4 million in 2024, then soared by 36.78% to -$184.2 million in 2025, then surged by 44.52% to -$102.2 million in 2026.
- Business Quant data shows TARS's Enterprise Value at -$102.2 million in Q1 2026, -$184.2 million in Q4 2025, and -$401.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Tarsus Pharmaceuticals | 3.96 Bn | 3.51 Bn | 161.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.27 Bn |
| Mar 31, 2026 | 2.63 Bn |
| Dec 31, 2025 | 3.07 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | 1.75 Bn |
| Dec 31, 2024 | 1.83 Bn |
| Sep 30, 2024 | 939.32 Mn |
| Jun 30, 2024 | 710.09 Mn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 465.33 Mn |
| Sep 30, 2023 | 341.37 Mn |
| Jun 30, 2023 | 307.85 Mn |
| Mar 31, 2023 | 135.66 Mn |
| Dec 31, 2022 | 174.80 Mn |
| Sep 30, 2022 | 230.53 Mn |
| Jun 30, 2022 | 143.61 Mn |
| Mar 31, 2022 | 173.18 Mn |
| Dec 31, 2021 | 293.94 Mn |
| Sep 30, 2021 | 262.28 Mn |