Tarsus Pharmaceuticals (TARS) Payables (2019 - 2026)
Tarsus Pharmaceuticals' Payables came in at $158.09 million for Q3 2026, up 52.7% from $103.5 million a year earlier and up 27.8% 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 Q3 2026 figure represents the highest quarterly Payables in data going back to Q4 2019.
- Year-over-year, Payables has increased for 14 consecutive quarters, with growth averaging 81.4% 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 $123.73 million (Q2 2026), $110.85 million (Q1 2026) and $101.53 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 5.79 Bn |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 18.17 Bn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 34.43 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 7.17 Bn |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 4.26 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 22.89 Bn |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 2.95 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 934.00 Mn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 4.07 Bn |
| 10 | Tarsus Pharmaceuticals | 3.35 Bn | 2.41 Bn | 180.68 Mn | 158.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 158.09 Mn |
| 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 |
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();