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Tarsus Pharmaceuticals, Inc. TARS Incentive From Lessor

Incentive From Lessor at other companies

Tarsus Pharmaceuticals, Inc. logo
Tarsus Pharmaceuticals, Inc.TARS
$700K
COPT Defense Properties logo
COPT Defense PropertiesCDP
$71.88M+11.9%
Global Net Lease logo
Global Net LeaseGNL
$71.95M-18.6%
Global Net Lease logo
Global Net LeaseGNL
$71.95M-18.6%
American Healthcare REIT logo
American Healthcare REITAHR
$1.58M-18.1%
American Healthcare REIT logo
American Healthcare REITAHR
$1.58M-18.1%

Other financials

Income statement

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Revenue$173.9M+69.4%
Gross profit$161.8M+67.8%
Operating income-$19.9M+10.3%
Net income-$18.6M+8.8%
EPS (diluted)-$0.43+10.4%

Balance sheet

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Cash & equivalents$206.6M+108%
Total debt$88.8M+22.6%
Total equity$346.7M+4.2%
Total assets$611.1M+23.5%

Cash flow

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Operating cash flow$61.2M+308%
CapEx$4.1M+306%
Free cash flow$57.2M+288%

Valuation

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Market cap$2.84B+34.5%
Enterprise value$2.73B+30.6%
P/S4.7×-2.5×

Profitability

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Gross margin79.8%
Operating margin-8%-3.5pp
Net margin-7.7%-3.3pp
FCF margin-28%-12.6pp

Returns & leverage

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Return on equity-13.7%-4.9pp
Debt / equity0.3×0.0×
Current ratio3.2×-2.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:IncentiveFromLessor.

The source filing: Tarsus Pharmaceuticals, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001819790-26-000064

the Company became entitled to base rent abatement for the first five full calendar months for an aggregate amount of $0.7 million. The Current Lease also provides a tenant improvement allowance, not to exceed approximately $5.8 million, and to be applied toward construction costs of the premises. The tenant improvement allowance must be used within one year of the Current Lease commencement date, after which any unused portion will be forfeited with no further obligation by the landlord. As of June 30, 2026, the landlord paid $5.3 million of the tenant improvement allowance.

Item 1. Financial Statements

FAQ

What is Tarsus Pharmaceuticals, Inc.'s incentive from lessor?
Tarsus Pharmaceuticals, Inc. (TARS) reported incentive from lessor of $700K in Q4 2024.
What does incentive from lessor mean?
This refers to financial concessions or benefits provided by a landlord to a tenant, such as rent holidays or cash contributions. These incentives are used to offset initial occupancy costs and are typically amortized over the life of the lease.

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