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

Tarsus Pharmaceuticals' (TARS) quarterly Net Margin came in at 4.28% in Q1 2026, up 2769.0% year-on-year from 0.15% in Q1 2025, and down 3.91% quarter-over-quarter from 4.11% in Q4 2025.

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

Tarsus Pharmaceuticals' Net Margin history runs 6 years deep, the most recent figure standing at 4.28% for Q1 2026.

  • On a quarterly basis, Net Margin rose 2769.0% year-over-year to 4.28% in Q1 2026; TTM through Mar 2026 was 27.95%, a 1611.0% increase from a year earlier, with the FY2025 full-year figure at 14.72%, up 4845.0% from the prior year.
  • Net Margin slipped to 4.28% in Q1 2026 per TARS's latest filing, from 4.11% in the prior quarter.
  • Across five years, Net Margin topped out at 4.11% in Q4 2025 and bottomed at 3680.52% in Q1 2022.
  • The 5-year median for Net Margin is 76.64% (2024), against an average of 509.89%.
  • Biggest YoY gain for Net Margin was 415951 bps in 2022; the steepest drop was 371133 bps in 2022.
  • Year by year, Net Margin stood at 131.02% in 2022, then plunged by 148 bps to 324.72% in 2023, then soared by 89 bps to 34.84% in 2024, then surged by 88 bps to 4.11% in 2025, then slipped by 4 bps to 4.28% in 2026.
  • Per Business Quant, the three latest TARS Net Margin figures stand at 4.28% (Q1 2026), 4.11% (Q4 2025), and 10.69% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 15.02%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 34.53%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 20.17%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 30.33%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Tarsus Pharmaceuticals 2.52 Bn 2.41 Bn 152.66 Mn -4.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.28%
Dec 31, 2025 -4.11%
Sep 30, 2025 -10.69%
Jun 30, 2025 -120.49%
Mar 31, 2025 -31.96%
Dec 31, 2024 -34.84%
Sep 30, 2024 -48.81%
Jun 30, 2024 -76.64%
Mar 31, 2024 -128.74%
Dec 31, 2023 -324.72%
Sep 30, 2023 -2,081.93%
Mar 31, 2023 -933.72%
Dec 31, 2022 -131.02%
Jun 30, 2022 -35.81%
Mar 31, 2022 -3,680.52%
Dec 31, 2021 -4,290.53%
Sep 30, 2021 -1,238.39%
Jun 30, 2021 32.57%
Mar 31, 2021 30.81%