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
DateValue
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