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

Tarsus Pharmaceuticals (TARS) recorded quarterly Operating Margin of 3.78% in Q1 2026, up 28.16% quarter-over-quarter from 5.26% in Q4 2025, and up 2977.0% on a YoY basis from 0.12% in Q1 2025.

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

Tarsus Pharmaceuticals' Operating Margin history runs 6 years deep, the most recent figure standing at 3.78% for Q1 2026.

  • In Q1 2026, Operating Margin rose 2977.0% year-over-year to 3.78%; the TTM figure through Mar 2026 stood at 9.5% (up 3722.0% YoY), while the FY2025 annual figure was 15.72%, up 5018.0% from the prior year.
  • Operating Margin was 3.78% for Q1 2026 at Tarsus Pharmaceuticals, up from 5.26% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 3.78% in Q1 2026 to a low of 3621.71% in Q1 2022.
  • Historically, Operating Margin has averaged 514.4% across 5 years, with a median of 52.29% in 2024.
  • Biggest YoY gain for Operating Margin was 412395 bps in 2022; the steepest drop was 365375 bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 150.61% in 2022, then tumbled by 126 bps to 339.94% in 2023, then surged by 89 bps to 36.77% in 2024, then jumped by 86 bps to 5.26% in 2025, then grew by 28 bps to 3.78% in 2026.
  • The last three Operating Margin figures came in at 3.78% (Q1 2026), 5.26% (Q4 2025), and 12.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -6.43%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 38.10%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Tarsus Pharmaceuticals 2.71 Bn 2.61 Bn 152.66 Mn -3.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.78%
Dec 31, 2025 -5.26%
Sep 30, 2025 -12.24%
Jun 30, 2025 -21.61%
Mar 31, 2025 -33.55%
Dec 31, 2024 -36.77%
Sep 30, 2024 -52.29%
Jun 30, 2024 -81.60%
Mar 31, 2024 -136.47%
Dec 31, 2023 -339.94%
Sep 30, 2023 -2,187.87%
Mar 31, 2023 -998.08%
Dec 31, 2022 -150.61%
Jun 30, 2022 -34.20%
Mar 31, 2022 -3,621.71%
Dec 31, 2021 -4,274.56%
Sep 30, 2021 -1,266.53%
Jun 30, 2021 33.07%
Mar 31, 2021 32.05%