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Tarsus Pharmaceuticals, Inc. TARS Business Segments — Total Costs & Expenses

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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$2.87B+63.9%
Enterprise value$2.75B+59.6%
P/S4.7×-1.2×

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:CostsAndExpenses.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of sales12,1136,23721,50911,448
Research and development31,01015,59453,36130,003
Selling, general and administrative150,697103,013287,126188,008
Total operating expenses193,820124,844361,996229,459
Loss from operations before other income (expense)(19,908)(22,184)(26,030)(48,464)
Other income (expense):
Interest income3,6984,2297,4207,683
Interest expense(2,156)(2,240)(4,284)(4,453)

Item 1. Financial Statements

FAQ

What is Tarsus Pharmaceuticals, Inc.'s business segments — total costs & expenses?
Tarsus Pharmaceuticals, Inc. (TARS) reported business segments — total costs & expenses of $193.82M in Q2 2026.
How has Tarsus Pharmaceuticals, Inc.'s business segments — total costs & expenses changed year-over-year?
Tarsus Pharmaceuticals, Inc.'s business segments — total costs & expenses increased by 55.2% year-over-year, from $124.84M to $193.82M.
What is the long-term trend for Tarsus Pharmaceuticals, Inc.'s business segments — total costs & expenses?
Over 3 years (2022 to 2025), Tarsus Pharmaceuticals, Inc.'s business segments — total costs & expenses has grown at a 80.7% compound annual growth rate (CAGR), from $88.53M to $522.33M.
What does business segments — total costs & expenses mean?
The aggregate of all operating costs, including research, development, marketing, and administrative overheads incurred by the business segment. This metric provides a comprehensive view of the total resource consumption required to maintain operations.

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