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Tarsus Pharmaceuticals, Inc. TARS Business Segments — Net loss

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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:NetIncomeLoss.

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
Other income (expense), net(281)(145)(368)(226)
Total other income (expense), net4,0731,8445,5803,004
Provision for income taxes(2,716)(5,068)
Net loss$(18,551)$(20,340)$(25,518)$(45,460)
Unrealized gain (loss) on marketable securities and cash equivalents(259)(46)(938)(140)
Comprehensive loss$(18,810)$(20,386)$(26,456)$(45,600)
Net loss per share, basic and diluted$(0.43)$(0.48)$(0.59)$(1.11)
Weighted-average shares outstanding, basic and diluted43,393,64342,360,45243,176,51440,869,364

Item 1. Financial Statements

FAQ

What is Tarsus Pharmaceuticals, Inc.'s business segments — net loss?
Tarsus Pharmaceuticals, Inc. (TARS) reported business segments — net loss of -$18.55M in Q2 2026.
How has Tarsus Pharmaceuticals, Inc.'s business segments — net loss changed year-over-year?
Tarsus Pharmaceuticals, Inc.'s business segments — net loss increased by 8.8% year-over-year, from -$20.34M to -$18.55M.
What is the long-term trend for Tarsus Pharmaceuticals, Inc.'s business segments — net loss?
Over 3 years (2022 to 2025), Tarsus Pharmaceuticals, Inc.'s business segments — net loss has grown at a 2.3% compound annual growth rate (CAGR), from -$62.09M to -$66.42M.
What does business segments — net loss mean?
Represents the bottom-line financial result of the business segment after accounting for all revenues, operating expenses, and non-operating items. A persistent net loss is common in growth-stage biopharmaceutical companies investing heavily in commercialization and R&D.

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