Tarsus Pharmaceuticals Operating Expenses Growth & History (TARS)
Tarsus Pharmaceuticals's operating expenses was $522.3M for fiscal 2025.
View full Tarsus Pharmaceuticals company overviewTarsus Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $522.3M | $218.8M | +72.09% |
| 2024 | 2024-12-31 | $303.5M | $142.9M | +88.99% |
| 2023 | 2023-12-31 | $160.6M | $72.1M | +81.42% |
| 2022 | 2022-12-31 | $88.5M | $19.3M | +27.96% |
| 2021 | 2021-12-31 | $69.2M | $42.2M | +156.26% |
| 2020 | 2020-12-31 | $27.0M | $22.7M | +528.15% |
| 2019 | 2019-12-31 | $4.3M | — | — |
Tarsus Pharmaceuticals quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $193.8M | $69.0M | +55.25% |
| Q1 2026 | 2026-03-31 | $168.2M | $63.6M | +60.76% |
| Q4 2025 | 2025-12-31 | $159.6M | $68.8M | +75.76% |
| Q3 2025 | 2025-09-30 | $133.2M | $59.9M | +81.80% |
| Q2 2025 | 2025-06-30 | $124.8M | $50.7M | +68.45% |
| Q1 2025 | 2025-03-31 | $104.6M | $39.3M | +60.21% |
| Q4 2024 | 2024-12-31 | $90.8M | $33.3M | +57.89% |
| Q3 2024 | 2024-09-30 | $73.3M | $30.5M | +71.19% |
| Q2 2024 | 2024-06-30 | $74.1M | $41.3M | +125.82% |
| Q1 2024 | 2024-03-31 | $65.3M | $37.8M | +137.86% |
| Q4 2023 | 2023-12-31 | $57.5M | $32.5M | +129.54% |
| Q3 2023 | 2023-09-30 | $42.8M | $19.9M | +86.88% |
| Q2 2023 | 2023-06-30 | $32.8M | $12.3M | +60.09% |
| Q1 2023 | 2023-03-31 | $27.5M | $7.4M | +36.85% |
| Q4 2022 | 2022-12-31 | $25.1M | $10.3M | +69.49% |
| Q3 2022 | 2022-09-30 | $22.9M | $6.0M | +35.18% |
| Q2 2022 | 2022-06-30 | $20.5M | $5.8M | +39.13% |
| Q1 2022 | 2022-03-31 | $20.1M | −$2.7M | −11.70% |
| Q4 2021 | 2021-12-31 | $14.8M | $3.3M | +28.84% |
| Q3 2021 | 2021-09-30 | $16.9M | $6.8M | +67.09% |
| Q2 2021 | 2021-06-30 | $14.7M | $11.5M | +351.58% |
| Q1 2021 | 2021-03-31 | $22.7M | $20.6M | +972.62% |
| Q4 2020 | 2020-12-31 | $11.5M | — | — |
| Q3 2020 | 2020-09-30 | $10.1M | $9.5M | +1502.05% |
| Q2 2020 | 2020-06-30 | $3.3M | — | — |
| Q1 2020 | 2020-03-31 | $2.1M | — | — |
| Q3 2019 | 2019-09-30 | $633,000 | — | — |
Tarsus Pharmaceuticals operating expenses trends
Over the last five fiscal years, Tarsus Pharmaceuticals's operating expenses increased from $27.0M to $522.3M, a change of $495.3M. The latest reported quarter, Q2 2026, shows $193.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tarsus Pharmaceuticals source filings ↗