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
DateValue
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