Tarsus Pharmaceuticals (TARS) Free Cash Flow (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded Free Cash Flow of $57.15 million in Q2 2026, compared with -$30.39 million a year earlier.
Tarsus Pharmaceuticals (TARS) Free Cash Flow (2019 - 2026) Analysis & Trends
On a TTM basis, Tarsus Pharmaceuticals' Free Cash Flow came in at $56 million as of Jun 30, 2026; for FY2025, it was -$22.31 million.
- Across earlier years, Free Cash Flow came in at -$84.59 million in FY2024, -$119 million in FY2023, -$49.54 million in FY2022 and $3.16 million in FY2021.
- The Q2 2026 figure is the highest quarterly Free Cash Flow in data going back to Q4 2019.
- Per Business Quant, the preceding three quarters came in at -$30.47 million (Q1 2026), $12.97 million (Q4 2025) and $16.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 7.30 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 3.11 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 4.48 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 6.20 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 5.34 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 3.49 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 3.43 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 302.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 1.01 Bn |
| 10 | Tarsus Pharmaceuticals | 3.40 Bn | 2.35 Bn | 161.80 Mn | 57.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.15 Mn |
| Mar 31, 2026 | -30.47 Mn |
| Dec 31, 2025 | 12.97 Mn |
| Sep 30, 2025 | 16.35 Mn |
| Jun 30, 2025 | -30.39 Mn |
| Mar 31, 2025 | -21.24 Mn |
| Dec 31, 2024 | -22.25 Mn |
| Sep 30, 2024 | -8.93 Mn |
| Jun 30, 2024 | -15.44 Mn |
| Mar 31, 2024 | -37.96 Mn |
| Dec 31, 2023 | -39.34 Mn |
| Sep 30, 2023 | -32.74 Mn |
| Jun 30, 2023 | -24.61 Mn |
| Mar 31, 2023 | -22.31 Mn |
| Dec 31, 2022 | -11.00 Mn |
| Sep 30, 2022 | -18.71 Mn |
| Jun 30, 2022 | -4.38 Mn |
| Mar 31, 2022 | -15.45 Mn |
| Dec 31, 2021 | -12.40 Mn |
| Sep 30, 2021 | 6.99 Mn |
Tarsus Pharmaceuticals Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=TARS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "TARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();