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Tarsus Pharmaceuticals, Inc. TARS Unrecognized Tax Benefits

Unrecognized Tax Benefits at other companies

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Bausch + LombBLCO
$59M
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Schering-PloughSGP
$2.29M+37.7%

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:UnrecognizedTaxBenefits.

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 had $4.3 million of unrecognized tax benefits at June 30, 2026 and December 31, 2025, none of which would affect the effective tax rate if recognized.

Item 1. Financial Statements

FAQ

What is Tarsus Pharmaceuticals, Inc.'s unrecognized tax benefits?
Tarsus Pharmaceuticals, Inc. (TARS) reported unrecognized tax benefits of $4.3M in Q2 2026.
What is the long-term trend for Tarsus Pharmaceuticals, Inc.'s unrecognized tax benefits?
Over 5 years (2020 to 2025), Tarsus Pharmaceuticals, Inc.'s unrecognized tax benefits has grown at a 54.5% compound annual growth rate (CAGR), from $488K to $4.3M.
What does unrecognized tax benefits mean?
This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.

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