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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total revenues by Product
License fees and collaboration revenue$16.67M$0$0$0$0
Product sales, net$145.39M-4.1%$151.67M+27.8%$118.7M+15.6%$102.66M+31.1%$78.34M+18.0%
Contractual milestone payment net sales by Product
Commercial Sales Milestone Payments$102M$102M-2.9%
Event-Based Development Milestone$3M$3M+300%
Maximum milestone payments by Product
Clinical Milestones$4M0.0%$4M0.0%$4M0.0%$4M0.0%$4M0.0%
Commercial and Sales Milestones$77M0.0%$77M0.0%$77M0.0%$77M0.0%$77M0.0%
Commercial Sales Milestone Payments$92M
Milestone payments to be achieved by Product
Development and Regulatory Milestone$67.5M0.0%$67.5M0.0%$67.5M0.0%$67.5M0.0%$67.5M0.0%
Upon Execution of the Novation Agreement$3.6M+44.0%$2.5M0.0%$2.5M0.0%$2.5M0.0%$2.5M

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Questions, answered.

How does Tarsus Pharmaceuticals, Inc. break its business down?
Tarsus Pharmaceuticals, Inc. (TARS) reports total revenues by product across 2 parts — License fees and collaboration revenue and Product sales, net. Each is extracted from the segment footnotes and tracked over time.
Where does Tarsus Pharmaceuticals, Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in Tarsus Pharmaceuticals, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.