Tarsus Pharmaceuticals (TARS) Research & Development (2019 - 2026)

Tarsus Pharmaceuticals' (TARS) quarterly Research & Development came in at $22.4 million in Q1 2026, up 55.12% year-on-year from $14.4 million in Q1 2025, and up 23.93% quarter-over-quarter from $18.0 million in Q4 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.

  • On a quarterly basis, Research & Development rose 55.12% year-over-year to $22.4 million in Q1 2026; TTM through Mar 2026 was $72.3 million, a 29.67% increase from a year earlier, with the FY2025 full-year figure at $64.3 million, up 20.48% from the prior year.
  • Research & Development grew to $22.4 million in Q1 2026 per TARS's latest filing, from $18.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $22.4 million in Q1 2026 and bottomed at $500000.0 in Q4 2022.
  • The 5-year median for Research & Development is $12.4 million (2023), against an average of $13.1 million.
  • Across the five-year window, Research & Development tumbled 93.78% in 2022 and surged 2561.0% in 2023, its largest moves.
  • Year by year, Research & Development 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.
  • Per Business Quant, the three latest TARS Research & Development figures stand at $22.4 million (Q1 2026), $18.0 million (Q4 2025), and $16.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Tarsus Pharmaceuticals 2.52 Bn 2.41 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 9.60 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