Tarsus Pharmaceuticals (TARS) Invested Capital (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly Invested Capital of $421.5 million in Q1 2026, up 1.37% quarter-over-quarter from $415.9 million in Q4 2025, and up 1.71% on a YoY basis from $414.4 million in Q1 2025.
Tarsus Pharmaceuticals (TARS) Invested Capital (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Invested Capital history runs 8 years deep, the most recent figure standing at $421.5 million for Q1 2026.
- In Q1 2026, Invested Capital rose 1.71% year-over-year to $421.5 million; the TTM figure through Mar 2026 stood at $421.5 million (up 1.71% YoY), while the FY2025 annual figure was $415.9 million, up 40.31% from the prior year.
- Invested Capital was $421.5 million for Q1 2026 at Tarsus Pharmaceuticals, up from $415.9 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $421.5 million in Q1 2026 to a low of $168.4 million in Q1 2022.
- Historically, Invested Capital has averaged $293.1 million across 5 years, with a median of $296.4 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Invested Capital declined 28.42% in 2023, then jumped 87.9% in 2024.
- A 5-year view of Invested Capital shows it stood at $212.3 million in 2022, then rose by 6.82% to $226.8 million in 2023, then jumped by 30.67% to $296.4 million in 2024, then jumped by 40.31% to $415.9 million in 2025, then advanced by 1.37% to $421.5 million in 2026.
- The last three Invested Capital figures came in at $421.5 million (Q1 2026), $415.9 million (Q4 2025), and $407.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 7.14 Bn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 795.79 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 595,226.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 14.38 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 19.36 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 502.95 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | 421.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 421.55 Mn |
| Dec 31, 2025 | 415.86 Mn |
| Sep 30, 2025 | 407.36 Mn |
| Jun 30, 2025 | 404.74 Mn |
| Mar 31, 2025 | 414.44 Mn |
| Dec 31, 2024 | 296.38 Mn |
| Sep 30, 2024 | 309.19 Mn |
| Jun 30, 2024 | 323.82 Mn |
| Mar 31, 2024 | 305.14 Mn |
| Dec 31, 2023 | 226.81 Mn |
| Sep 30, 2023 | 243.37 Mn |
| Jun 30, 2023 | 172.34 Mn |
| Mar 31, 2023 | 197.92 Mn |
| Dec 31, 2022 | 212.33 Mn |
| Sep 30, 2022 | 221.98 Mn |
| Jun 30, 2022 | 240.77 Mn |
| Mar 31, 2022 | 168.38 Mn |
| Dec 31, 2021 | 166.73 Mn |
| Sep 30, 2021 | 179.14 Mn |
| Jun 30, 2021 | 192.47 Mn |