Tarsus Pharmaceuticals (TARS) Gross Margin (2021 - 2026)
Tarsus Pharmaceuticals (TARS) posted Gross Margin of 93.03% for Q2 2026, down 0.89 percentage points from 93.92% a year earlier and down 1.17 percentage points from the prior quarter.
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Analysis
Tarsus Pharmaceuticals (TARS) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Tarsus Pharmaceuticals was 93.28%, down 0.08 percentage points year-over-year; for FY2025, it came in at 93.20%, up 0.21 percentage points from FY2024.
- Annual Gross Margin shows a four-year change of -3.16 percentage points (FY2021 to FY2025).
- In prior years, Tarsus Pharmaceuticals' Gross Margin was 92.99% in FY2024 (+2.12 pp), 90.87% in FY2023 (-5.43 pp), 96.30% in FY2022 (-0.06 pp) and 96.36% in FY2021.
- Quarterly Gross Margin has run from a low of 79.85% in Q3 2023 to a high of 107.10% in Q4 2021 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +1.98 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2024, with a gain of 13.41 percentage points; the weakest was Q4 2022, with a drop of 11.10 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 94.20% (Q1 2026), 92.80% (Q4 2025) and 93.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 85.33% |
| 10 | Tarsus Pharmaceuticals | 3.32 Bn | 2.27 Bn | 161.80 Mn | 93.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.03% |
| Mar 31, 2026 | 94.20% |
| Dec 31, 2025 | 92.80% |
| Sep 30, 2025 | 93.00% |
| Jun 30, 2025 | 93.92% |
| Mar 31, 2025 | 93.35% |
| Dec 31, 2024 | 92.58% |
| Sep 30, 2024 | 93.26% |
| Jun 30, 2024 | 92.64% |
| Mar 31, 2024 | 94.01% |
| Dec 31, 2023 | 90.70% |
| Sep 30, 2023 | 79.85% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 96.00% |
| Jun 30, 2022 | 96.58% |
| Mar 31, 2022 | 93.88% |
| Dec 31, 2021 | 107.10% |
| Sep 30, 2021 | 94.76% |
| Jun 30, 2021 | 96.65% |
| Mar 31, 2021 | 96.12% |
API Access
Tarsus Pharmaceuticals Gross Margin 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=gross-margin&ticker=TARS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();