Tarsus Pharmaceuticals (TARS) Operating Income (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly Operating Income of -$6.1 million in Q1 2026, up 23.24% quarter-over-quarter from -$8.0 million in Q4 2025, and up 76.7% on a YoY basis from -$3.5 million in Q1 2025.
Tarsus Pharmaceuticals (TARS) Operating Income (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Operating Income history runs 8 years deep, the most recent figure standing at -$6.1 million for Q1 2026.
- In Q1 2026, Operating Income rose 76.7% year-over-year to -$6.1 million; the TTM figure through Mar 2026 stood at -$50.8 million (up 53.45% YoY), while the FY2025 annual figure was -$71.0 million, up 41.14% from the prior year.
- Operating Income was -$6.1 million for Q1 2026 at Tarsus Pharmaceuticals, up from -$8.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$5.2 million in Q2 2022 to a low of -$44.4 million in Q4 2023.
- Historically, Operating Income has averaged -$23.7 million across 5 years, with a median of -$24.4 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Income tumbled 528.27% in 2023, then jumped 76.7% in 2026.
- A 5-year view of Operating Income shows it stood at -$15.1 million in 2022, then slumped by 195.13% to -$44.4 million in 2023, then surged by 45.06% to -$24.4 million in 2024, then soared by 67.34% to -$8.0 million in 2025, then gained by 23.24% to -$6.1 million in 2026.
- The last three Operating Income figures came in at -$6.1 million (Q1 2026), -$8.0 million (Q4 2025), and -$14.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | -6.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.12 Mn |
| Dec 31, 2025 | -7.98 Mn |
| Sep 30, 2025 | -14.53 Mn |
| Jun 30, 2025 | -22.18 Mn |
| Mar 31, 2025 | -26.28 Mn |
| Dec 31, 2024 | -24.42 Mn |
| Sep 30, 2024 | -25.16 Mn |
| Jun 30, 2024 | -33.30 Mn |
| Mar 31, 2024 | -37.68 Mn |
| Dec 31, 2023 | -44.45 Mn |
| Sep 30, 2023 | -40.94 Mn |
| Jun 30, 2023 | -32.82 Mn |
| Mar 31, 2023 | -24.95 Mn |
| Dec 31, 2022 | -15.06 Mn |
| Sep 30, 2022 | -22.91 Mn |
| Jun 30, 2022 | -5.22 Mn |
| Mar 31, 2022 | -19.52 Mn |
| Dec 31, 2021 | -14.45 Mn |
| Sep 30, 2021 | -15.71 Mn |
| Jun 30, 2021 | 7.28 Mn |