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

67.41 0.11 −0.16%
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) Gross margin

Alert me on Gross margin

Tarsus Pharmaceuticals, Inc.'s gross margin over the twelve months to 30 September 2026 was 93.2%, up 0.0 percentage points from fiscal 2025 (93.2%). Over the past ten years it has ranged from 0.00% (fiscal 2020) to 96.4% (fiscal 2021); the current reading is higher than 75% of that period. That is above the Biotechnology industry median of 65.2% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 93.2% 0.21
FY2024 93.0% 2.12
FY2023 90.9% (5.43)
FY2022 96.3% (0.06)
FY2021 96.4% 96.36
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 92.9% (0.17)
Jun 2026 93.0% (1.17)
Mar 2026 94.2% 1.40
Dec 2025 92.8% (0.20)
23 more quarters

Against its own ten years

Low 0.00% High 96.4%
Ten-year median 91.9%
Current reading's percentile 50

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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