Tarsus Pharmaceuticals (TARS) Work In Process (2023 - 2026)

Tarsus Pharmaceuticals (TARS) recorded quarterly Work In Process of $1.6 million in Q1 2026, up 15.74% quarter-over-quarter from $1.4 million in Q4 2025, and up 113.61% on a YoY basis from $764000.0 in Q1 2025.

Tarsus Pharmaceuticals (TARS) Work In Process (2023 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' Work In Process history runs 4 years deep, the most recent figure standing at $1.6 million for Q1 2026.

  • In Q1 2026, Work In Process rose 113.61% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $1.6 million (up 113.61% YoY), while the FY2025 annual figure was $1.4 million, up 129.64% from the prior year.
  • Work In Process was $1.6 million for Q1 2026 at Tarsus Pharmaceuticals, up from $1.4 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $1.6 million in Q1 2026 to a low of $392000.0 in Q4 2023.
  • Historically, Work In Process has averaged $1.1 million across 4 years, with a median of $1.1 million in 2024.
  • Biggest YoY gain for Work In Process was 129.64% in 2025; the steepest drop was 37.12% in 2025.
  • A 4-year view of Work In Process shows it stood at $392000.0 in 2023, then soared by 56.63% to $614000.0 in 2024, then jumped by 129.64% to $1.4 million in 2025, then gained by 15.74% to $1.6 million in 2026.
  • The last three Work In Process figures came in at $1.6 million (Q1 2026), $1.4 million (Q4 2025), and $1.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Tarsus Pharmaceuticals 2.71 Bn 2.61 Bn 152.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.63 Mn
Dec 31, 2025 1.41 Mn
Sep 30, 2025 1.00 Mn
Jun 30, 2025 1.58 Mn
Mar 31, 2025 764,000.00
Dec 31, 2024 614,000.00
Sep 30, 2024 1.59 Mn
Jun 30, 2024 1.20 Mn
Mar 31, 2024 677,000.00
Dec 31, 2023 392,000.00