Tarsus Pharmaceuticals (TARS) Net Income (2019 - 2026)

Tarsus Pharmaceuticals' (TARS) quarterly Net Income came in at -$6.9 million in Q1 2026, up 72.33% year-on-year from -$4.0 million in Q1 2025, and down 11.03% quarter-over-quarter from -$6.2 million in Q4 2025.

Tarsus Pharmaceuticals (TARS) Net Income (2019 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' Net Income history runs 8 years deep, the most recent figure standing at -$6.9 million for Q1 2026.

  • On a quarterly basis, Net Income rose 72.33% year-over-year to -$6.9 million in Q1 2026; TTM through Mar 2026 was -$149.5 million, a 45.27% decrease from a year earlier, with the FY2025 full-year figure at -$66.4 million, up 42.52% from the prior year.
  • Net Income fell to -$6.9 million in Q1 2026 per TARS's latest filing, from -$6.2 million in the prior quarter.
  • Across five years, Net Income topped out at -$5.5 million in Q2 2022 and bottomed at -$123.7 million in Q2 2025.
  • The 5-year median for Net Income is -$23.3 million (2023), against an average of -$28.5 million.
  • Across the five-year window, Net Income slumped 474.12% in 2023 and surged 73.03% in 2025, its largest moves.
  • Year by year, Net Income stood at -$13.1 million in 2022, then plunged by 224.08% to -$42.5 million in 2023, then jumped by 45.51% to -$23.1 million in 2024, then jumped by 73.03% to -$6.2 million in 2025, then retreated by 11.03% to -$6.9 million in 2026.
  • Per Business Quant, the three latest TARS Net Income figures stand at -$6.9 million (Q1 2026), -$6.2 million (Q4 2025), and -$12.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Tarsus Pharmaceuticals 2.52 Bn 2.41 Bn 152.66 Mn -6.93 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.93 Mn
Dec 31, 2025 -6.24 Mn
Sep 30, 2025 -12.68 Mn
Jun 30, 2025 -123.69 Mn
Mar 31, 2025 -25.04 Mn
Dec 31, 2024 -23.14 Mn
Sep 30, 2024 -23.49 Mn
Jun 30, 2024 -31.28 Mn
Mar 31, 2024 -35.55 Mn
Dec 31, 2023 -42.46 Mn
Sep 30, 2023 -38.95 Mn
Jun 30, 2023 -31.41 Mn
Mar 31, 2023 -23.34 Mn
Dec 31, 2022 -13.10 Mn
Sep 30, 2022 -22.47 Mn
Jun 30, 2022 -5.47 Mn
Mar 31, 2022 -19.84 Mn
Dec 31, 2021 -14.50 Mn
Sep 30, 2021 -15.36 Mn
Jun 30, 2021 7.17 Mn