Tarsus Pharmaceuticals (TARS) FCF Margin (2021 - 2026)

Tarsus Pharmaceuticals' (TARS) quarterly FCF Margin came in at 15.77% in Q1 2026, up 1134.0% year-on-year from 1.28% in Q1 2025, and down 318.09% quarter-over-quarter from 7.23% in Q4 2025.

Tarsus Pharmaceuticals (TARS) FCF Margin (2021 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' FCF Margin history runs 6 years deep, the most recent figure standing at 15.77% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 1134.0% year-over-year to 15.77% in Q1 2026; TTM through Mar 2026 was 4.98%, a 2407.0% increase from a year earlier, with the FY2025 full-year figure at 4.94%, up 4130.0% from the prior year.
  • FCF Margin slipped to 15.77% in Q1 2026 per TARS's latest filing, from 7.23% in the prior quarter.
  • Across five years, FCF Margin topped out at 15.46% in Q3 2025 and bottomed at 2865.86% in Q1 2022.
  • The 5-year median for FCF Margin is 33.42% (2024), against an average of 416.61%.
  • Biggest YoY gain for FCF Margin was 332891 bps in 2022; the steepest drop was 282683 bps in 2022.
  • Year by year, FCF Margin stood at 110.14% in 2022, then plunged by 168 bps to 294.82% in 2023, then surged by 88 bps to 35.67% in 2024, then surged by 120 bps to 7.23% in 2025, then tumbled by 318 bps to 15.77% in 2026.
  • Per Business Quant, the three latest TARS FCF Margin figures stand at 15.77% (Q1 2026), 7.23% (Q4 2025), and 15.46% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 10.45%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 43.35%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 23.53%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Tarsus Pharmaceuticals 2.52 Bn 2.41 Bn 152.66 Mn -15.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.77%
Dec 31, 2025 7.23%
Sep 30, 2025 15.46%
Jun 30, 2025 -29.60%
Mar 31, 2025 -27.12%
Dec 31, 2024 -35.67%
Sep 30, 2024 -19.33%
Jun 30, 2024 -33.42%
Mar 31, 2024 -137.48%
Dec 31, 2023 -294.82%
Sep 30, 2023 -1,782.90%
Mar 31, 2023 -892.40%
Dec 31, 2022 -110.14%
Jun 30, 2022 -27.32%
Mar 31, 2022 -2,865.86%
Dec 31, 2021 -3,439.05%
Sep 30, 2021 366.21%
Jun 30, 2021 98.17%
Mar 31, 2021 -39.03%