Tarsus Pharmaceuticals (TARS) Research & Development (2019 - 2026)
Tarsus Pharmaceuticals (TARS) recorded quarterly Research & Development of $22.4 million in Q1 2026, up 23.93% quarter-over-quarter from $18.0 million in Q4 2025, and up 55.12% on a YoY basis from $14.4 million in Q1 2025.
Tarsus Pharmaceuticals (TARS) Research & Development (2019 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Research & Development history runs 8 years deep, the most recent figure standing at $22.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 55.12% year-over-year to $22.4 million; the TTM figure through Mar 2026 stood at $72.3 million (up 29.67% YoY), while the FY2025 annual figure was $64.3 million, up 20.48% from the prior year.
- Research & Development was $22.4 million for Q1 2026 at Tarsus Pharmaceuticals, up from $18.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $22.4 million in Q1 2026 to a low of $500000.0 in Q4 2022.
- Historically, Research & Development has averaged $12.7 million across 5 years, with a median of $12.4 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development tumbled 93.78% in 2022, then soared 2561.0% in 2023.
- A 5-year view of Research & Development shows it stood at $500000.0 in 2022, then jumped by 2561.0% to $13.3 million in 2023, then climbed by 26.82% to $16.9 million in 2024, then climbed by 6.89% to $18.0 million in 2025, then advanced by 23.93% to $22.4 million in 2026.
- The last three Research & Development figures came in at $22.4 million (Q1 2026), $18.0 million (Q4 2025), and $16.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Tarsus Pharmaceuticals | 2.71 Bn | 2.61 Bn | 152.66 Mn | 22.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.35 Mn |
| Dec 31, 2025 | 18.04 Mn |
| Sep 30, 2025 | 16.28 Mn |
| Jun 30, 2025 | 15.59 Mn |
| Mar 31, 2025 | 14.41 Mn |
| Dec 31, 2024 | 16.87 Mn |
| Sep 30, 2024 | 12.13 Mn |
| Jun 30, 2024 | 12.32 Mn |
| Mar 31, 2024 | 12.07 Mn |
| Dec 31, 2023 | 13.31 Mn |
| Sep 30, 2023 | 12.11 Mn |
| Jun 30, 2023 | 12.55 Mn |
| Mar 31, 2023 | 12.36 Mn |
| Dec 31, 2022 | 500,000.00 |
| Sep 30, 2022 | 10.91 Mn |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 12.08 Mn |
| Dec 31, 2021 | 8.04 Mn |
| Sep 30, 2021 | 10.21 Mn |
| Jun 30, 2021 | 7.20 Mn |