Tarsus Pharmaceuticals (TARS) Payables (2019 - 2026)
Tarsus Pharmaceuticals' Payables came in at $123.73 million for Q2 2026, up 57.3% from $78.64 million a year earlier and up 11.6% from the prior quarter.
Tarsus Pharmaceuticals (TARS) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, Tarsus Pharmaceuticals' Payables was $101.53 million, up 83.4% from FY2024.
- Payables has increased in each of the last six years, with a five-year compound annual growth rate of 87.8% (FY2020 to FY2025).
- Going back by year, Payables was $55.37 million in FY2024 (+133.7%), $23.69 million in FY2023 (+139.1%), $9.91 million in FY2022 (+14.2%) and $8.68 million in FY2021 (+99.7%).
- The Q2 2026 figure represents the highest quarterly Payables in data going back to Q4 2019.
- Year-over-year, Payables has increased for 13 consecutive quarters, with growth averaging 106.8% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q2 2024 (growth of 360.2%), and the weakest in Q1 2023 (a decline of 16.3%).
- Business Quant data shows TARS's Payables at $110.85 million (Q1 2026), $101.53 million (Q4 2025) and $103.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 20.92 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 33.30 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 5.96 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 4.26 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -22.89 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 2.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 674.00 Mn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 7.03 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 429.50 Mn |
| 10 | Tarsus Pharmaceuticals | 3.32 Bn | 2.27 Bn | 161.80 Mn | 123.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 123.73 Mn |
| Mar 31, 2026 | 110.85 Mn |
| Dec 31, 2025 | 101.53 Mn |
| Sep 30, 2025 | 103.50 Mn |
| Jun 30, 2025 | 78.64 Mn |
| Mar 31, 2025 | 76.38 Mn |
| Dec 31, 2024 | 55.37 Mn |
| Sep 30, 2024 | 54.54 Mn |
| Jun 30, 2024 | 43.53 Mn |
| Mar 31, 2024 | 36.57 Mn |
| Dec 31, 2023 | 23.69 Mn |
| Sep 30, 2023 | 15.35 Mn |
| Jun 30, 2023 | 9.46 Mn |
| Mar 31, 2023 | 9.05 Mn |
| Dec 31, 2022 | 9.91 Mn |
| Sep 30, 2022 | 10.18 Mn |
| Jun 30, 2022 | 8.94 Mn |
| Mar 31, 2022 | 10.81 Mn |
| Dec 31, 2021 | 8.68 Mn |
| Sep 30, 2021 | 8.12 Mn |
Tarsus Pharmaceuticals Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=TARS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "TARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();