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Tarsus Pharmaceuticals, Inc. TARS Non-cash lease expense

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Other financials

Income statement

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Revenue$162.1M+107%
Gross profit$152.7M+109%
Operating income-$6.1M+76.7%
Net income-$7.0M+72.3%
EPS (diluted)-$0.16+75.0%

Balance sheet

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Cash & equivalents$104.2M-41.6%
Total debt$88.7M+22.5%
Total equity$349.0M+1.9%
Total assets$581.1M+16.1%

Cash flow

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Operating cash flow-$24.7M-19.4%
CapEx$5.8M+886%
Free cash flow-$30.5M-43.4%

Valuation

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Market cap$2.85B+41.1%
Enterprise value$2.83B+47.8%
P/S5.3×-3.3×

Profitability

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Gross margin42.7%
Operating margin-9.5%-4.2pp
Net margin-9%-4.0pp
FCF margin-28%-12.6pp

Returns & leverage

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Return on equity-14%-5.2pp
Debt / equity0.3×0.0×
Current ratio3.7×-1.8×

Where this comes from

Reported directly by Tarsus Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept tars:OperatingLeaseNoncashExpense.

The official record: Tarsus Pharmaceuticals, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tarsus Pharmaceuticals, Inc.'s non-cash lease expense?
Tarsus Pharmaceuticals, Inc. (TARS) reported non-cash lease expense of $77K in Q1 2026.
How has Tarsus Pharmaceuticals, Inc.'s non-cash lease expense changed year-over-year?
Tarsus Pharmaceuticals, Inc.'s non-cash lease expense decreased by 53.0% year-over-year, from $164K to $77K.
What is the long-term trend for Tarsus Pharmaceuticals, Inc.'s non-cash lease expense?
Over 3 years (2022 to 2025), Tarsus Pharmaceuticals, Inc.'s non-cash lease expense has grown at a 13.7% compound annual growth rate (CAGR), from $464K to $682K.
What does non-cash lease expense mean?
This represents the portion of operating lease costs recognized as an expense that does not involve an immediate cash outflow. It reflects the systematic allocation of the right-of-use asset cost over the lease term. Monitoring this helps analysts distinguish between actual cash burn and accounting-based lease recognition.