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
DateValue
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