TARS

Tarsus Pharmaceuticals, Inc. Health Care Biological Products, (No Diagnostic Substances) Russell 3000
$74.85Close $3.2BMarket cap $56.11 – $90.7852-week range Nov 3, 2026Next report

Highlights

Cautions

  • Not in an uptrend 5 of 8 trend conditions
  • Results soon Nov 3, 2026, in 2 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 18%
1wk up 9.8% price change
1mo down 4.8% price change
12-month return up 9% market up 11% · its own 0%
F-score — — Not assessed
Altman Z 8.89 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 9.3× price / book
Earnings yield down 2.3% EBIT / enterprise value
Cheaper than 18% of the market · expensive
Revenue growth up 147% year on year
EPS growth — latest quarter
Sales growth up 69% latest quarter · -37 pts
ROE down 23% return on equity
Free cash margin down 5% -$22.3M FCF
D/E 0.21 long-term debt / equity
Net debt / EBITDA —
Interest cover Lossoperating loss

Trade setup

ATR% 4.2% $3.12 a day · 2×ATR $68.62
RS 74 / 99 vs the universe
Trend 5 / 8 150-day under the 200-day, 200-day not rising, under the 50-day
Relative volume 0.7× vs 50-day average
Up/down volume 0.95 50 sessions
Implied move — no option chain · report Nov 3, 2026
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Shareholders diluted The share count rose 11.0% over the year, from 38m to 43m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 6, 2026
Results reaction Aug 6, 2026+5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $451.4M +147% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $0 FY2021 · $57.0M FY2022 · $25.8M FY2023 · $17.4M FY2024 · $183.0M FY2025 · $451.4M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$66.0M
-$200M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$26.8M FY2021 · -$13.8M FY2022 · -$62.1M FY2023 · -$136.0M FY2024 · -$116.0M FY2025 · -$66.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$22.3M
-$200M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$21.6M FY2021 · $3.2M FY2022 · -$49.5M FY2023 · -$119.0M FY2024 · -$84.6M FY2025 · -$22.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -15%
  • Free cash -5%
-1000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 · Net -24% · Free cash 6% FY2022 · Net -241% · Free cash -192% FY2023 · Net -780% · Free cash -682% FY2024 · Net -63% · Free cash -46% FY2025 · Net -15% · Free cash -5%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $111.2M net cash
  • Cash
  • Long-term debt
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $168.1M FY2021 · Cash $171.3M · Long-term debt $0 FY2022 · Cash $71.7M · Long-term debt $19.4M FY2023 · Cash $224.9M · Long-term debt $29.8M FY2024 · Cash $94.8M · Long-term debt $71.8M FY2025 · Cash $183.6M · Long-term debt $72.4M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 42.55m +109.4% since FY2020
42.55m 20.32m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 20.32m FY2021 · 20.70m FY2022 · 26.70m FY2023 · 34.21m FY2024 · 38.35m FY2025 · 42.55m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $0 $57.0M $25.8M $17.4M $183.0M $451.4M
Operating income -$27.0M -$12.2M -$62.7M -$143.2M -$120.6M -$71.0M
Net income -$26.8M -$13.8M -$62.1M -$136.0M -$116.0M -$66.0M
Net margin — -24% -241% -780% -63% -15%
Earnings per share -$4.32 -$0.67 -$2.52 -$4.63 -$3.08 -$1.58
Free cash flow -$21.6M $3.2M -$49.5M -$119.0M -$84.6M -$22.3M
Free cash margin — 6% -192% -682% -46% -5%
Cash $168.1M $171.3M $71.7M $224.9M $94.8M $183.6M
Long-term debt — $0 $19.4M $29.8M $71.8M $72.4M
Shareholders' equity $166.0M $166.7M $192.9M $197.0M $224.5M $343.4M
Shares outstanding 20.32m 20.70m 26.70m 34.21m 38.35m 42.55m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 23, 2026 Annual ↗ Dec 31, 2025 54d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Nov 13, 2024 Quarterly ↗ Sep 30, 2024 44d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Feb 27, 2024 Annual ↗ Dec 31, 2023 58d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports