Tarsus Pharmaceuticals, Inc.

TARS Healthcare Biotechnology

Tarsus Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $451.4 million, up 146.7% from fiscal 2024.

Revenue
+63.9%
EPS
−4,699.1%
Free cash flow
−144.1%
Total debt
+0.90%

Quarter to September 2026, against a year earlier

67.52 0.00 0.00%
Market cap
$3.3B
P/E
0.0×
Fwd P/E
−10.6×
Dividend yield
—
F-score
5/9
Altman Z
9.54
Beneish M
−1.78
Dividend safety
n/a

Tarsus Pharmaceuticals, Inc. (TARS) Free cash flow margin

Alert me on Free cash flow margin

Tarsus Pharmaceuticals, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 4.76%, up 9.7 percentage points from fiscal 2025 (−4.94%). Over the past ten years it has ranged from −705.0% (fiscal 2023) to 5.54% (fiscal 2021); the current reading is higher than 50% of that period. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −4.94% 44.03
FY2024 −49.0% 655.99
FY2023 −705.0% (513.08)
FY2022 −191.9% (197.42)
FY2021 5.54% 5.54
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% —

Against its own ten years

Low −705.0% High 5.54%
Ten-year median −2.47%
Current reading's percentile 50

Free cash flow margin against peers

Company Free cash flow margin
ACAD ACADIA Pharmaceuticals Inc. compare 6.82%
TARS Tarsus Pharmaceuticals, Inc. 4.76%
ELVN Enliven Therapeutics, Inc. compare 0.00%
DYN Dyne Therapeutics, Inc. compare 0.00%
CELC Celcuity, Inc. compare 0.00%
TLX Telix Pharmaceuticals Limited compare 0.00%
VKTX Viking Therapeutics, Inc. compare 0.00%
VRDN Viridian Therapeutics, Inc. compare −1,305.4%
DNLI Denali Therapeutics Inc. compare −1,986.8%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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