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Tarsus Pharmaceuticals profit margin TARS

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
−7.7%
Operating margin, 12 months
−8.0%
Net margin on a year earlier
+23.5 pts
Peer median
22.9%

Over the twelve months to Jun 30, 2026, Tarsus Pharmaceuticals kept −7.7% of its revenue as net profit, with an operating margin of −8.0% and a gross margin of 93.3%.

Five years earlier its net margin was −8.8%.

The median for 10 biotech stocks of a similar size is 22.9%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−14.7%−15.7%93.2%
FY2024−63.2%−65.9%93.0%
FY2023n/an/a90.9%
FY2022n/an/a96.3%
FY2021n/an/an/a
FY2020n/an/an/a
FY2019n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−7.7%+23.5 pts−8.0%
Q1 FY26−9.0%+35.9 pts−9.5%
Q4 FY25−14.7%+48.4 pts−15.7%
Q3 FY25−22.2%n/a−23.9%
Q2 FY25−31.1%n/a−33.2%
Q1 FY25−44.9%n/a−46.7%
Q4 FY24−63.2%n/a−65.9%
Q3 FY24n/an/an/a
Q2 FY24n/an/an/a
Q1 FY24n/an/an/a
Q4 FY23n/an/an/a
Q3 FY23n/an/an/a

Against its peers

Companies in Biotechnology nearest Tarsus Pharmaceuticals' size, closest first, today.

CompanyProfit margin
TARSTarsus Pharmaceuticals−7.7%
ADMAAdma Biologics33.0%
VCELVericel7.9%
KRYSKrystal Biotech54.8%
RGENRepligen5.3%
MGTXMeiraGTx19.9%
TECHBIO-TECHNE15.0%
HALOHalozyme Therapeutics24.9%
NBIXNeurocrine Biosciences20.9%
EXELExelixis35.3%
INCYIncyte27.7%
Peer median22.9%

Where Tarsus Pharmaceuticals ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Tarsus Pharmaceuticals

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.