NASDAQ · TARSHealthcareBiotechnology

Tarsus Pharmaceuticals financials

$76.69−0.16%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
Revenue$451.4M$183.0M$17.4M$25.8M$57.0M$0.00
Gross profit$420.7M$170.1M$15.9M$24.9M$55.0M$0.00
Gross margin93.2%93.0%90.9%96.3%96.4%—
Operating income-$71.0M-$120.6M-$143.2M-$62.7M-$12.2M-$27.0M
Net income-$66.2M-$115.4M-$135.8M-$62.1M-$13.8M-$26.8M
Net margin−14.7%−63.1%−778.5%−240.5%−24.2%—
Diluted EPS$-1.59$-3.07$-4.62$-2.52$-0.67$-4.32
EBITDA-$74.6M-$123.6M-$145.4M-$62.4M-$11.8M-$26.9M
Operating cash flow-$12.5M-$83.0M-$117.5M-$49.0M$3.7M-$21.1M
Free cash flow-$22.3M-$84.6M-$119.0M-$49.5M$3.2M-$21.6M
Diluted shares41.8M37.6M29.4M24.6M20.6M6.2M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$183.6M$94.8M$224.9M$71.7M$171.3M$168.1M
Short-term investments$233.6M$196.6M$2.5M$145.4M$483.0K$0.00
Total debt$72.4M$71.8M$29.8M$19.4M$0.00$0.00
Total assets$562.2M$377.0M$265.5M$227.9M$178.9M$172.0M
Total liabilities$218.7M$152.5M$68.5M$35.0M$12.2M$6.0M
Shareholders' equity$343.4M$224.5M$197.0M$192.9M$166.7M$166.0M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology