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Tarsus Pharmaceuticals, Inc. TARS Business Segments — Operating Income (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:OperatingIncomeLoss.

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
Selling and marketing90,00265,857174,484126,143
General and administrative60,69537,156112,64261,865
Total operating expenses193,820124,844361,996229,459
Loss from operations(19,908)(22,184)(26,030)(48,464)
Other reconciling items(1)1,3571,8445123,004
Net loss$(18,551)$(20,340)$(25,518)$(45,460)
Other segment disclosures:
Interest income$3,698$4,229$7,420$7,683

Item 1. Financial Statements

FAQ

What is Tarsus Pharmaceuticals, Inc.'s business segments — operating income (loss)?
Tarsus Pharmaceuticals, Inc. (TARS) reported business segments — operating income (loss) of -$19.91M in Q2 2026.
How has Tarsus Pharmaceuticals, Inc.'s business segments — operating income (loss) changed year-over-year?
Tarsus Pharmaceuticals, Inc.'s business segments — operating income (loss) increased by 10.3% year-over-year, from -$22.18M to -$19.91M.
What is the long-term trend for Tarsus Pharmaceuticals, Inc.'s business segments — operating income (loss)?
Over 3 years (2022 to 2025), Tarsus Pharmaceuticals, Inc.'s business segments — operating income (loss) has grown at a 4.2% compound annual growth rate (CAGR), from -$62.71M to -$70.97M.
What does business segments — operating income (loss) mean?
Measures the profitability of the business segment by subtracting total operating expenses from total revenues. It indicates the core operational viability and the ability of the segment to generate profit from its primary business activities.

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