Tarsus Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to advancing and commercializing innovative therapies, primarily focusing on ocular conditions. Its leading investigational drug, TP-03, a novel treatment currently in Phase III trials, is being developed to address blepharitis specifically caused by Demodex mite infestations, as well as meibomian gland disease. Beyond this, Tarsus is also progressing TP-04 for rosacea and TP-05, which targets Lyme disease prevention and aims to reduce community-level malaria. A core element of its development strategy involves lotilaner, a compound utilized to tackle a variety of human diseases across diverse therapeutic areas, encompassing eye care, dermatology, and other medical fields. Established in 2016, the company maintains its headquarters in Irvine, California.

NASDAQHealthcareBiotechnology
Latest quote
$79.95
+$0.64 · +0.81%
Previous close
$79.95
+$0.64 · +0.81%
Pre-market
$79.21
−$0.74 · -0.93%
Sep 15, 4:15 AM ET
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
82
Deep Value
Sentiment
52
Mixed
Risk
51
Elevated Risk
Momentum
40
Weakening
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Tarsus Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to advancing and commercializing innovative therapies, primarily focusing on ocular conditions. Its leading investigational drug, TP-03, a novel treatment currently in Phase III trials, is being developed to address blepharitis specifically caused by Demodex mite infestations, as well as meibomian gland disease. Beyond this, Tarsus is also progressing TP-04 for rosacea and TP-05, which targets Lyme disease prevention and aims to reduce community-level malaria. A core element of its development strategy involves lotilaner, a compound utilized to tackle a variety of human diseases across diverse therapeutic areas, encompassing eye care, dermatology, and other medical fields. Established in 2016, the company maintains its headquarters in Irvine, California.
Day range
Current $79.95
52-week range
Current $79.95
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 451.36M USD | 182.95M USD | 17.45M USD | 25.82M USD | 57.03M USD |
| Cost of goods sold | 30.68M USD | 12.83M USD | 1.59M USD | 955K USD | 2.08M USD |
| Gross profit | 420.68M USD | 170.13M USD | 15.85M USD | 24.86M USD | 54.95M USD |
| Research and development | 64.32M USD | 53.39M USD | 50.31M USD | 42.62M USD | 41.71M USD |
| Selling, general, and administrative | 427.32M USD | 237.31M USD | 108.7M USD | 44.95M USD | 25.4M USD |
| Operating expenses | 491.65M USD | 290.7M USD | 159.01M USD | 87.57M USD | 67.11M USD |
| Interest income | 15.75M USD | 15.01M USD | 10.34M USD | 3.5M USD | 36K USD |
| Interest expense | 8.94M USD | 7.45M USD | 3.23M USD | 2.06M USD | — |
| Depreciation and amortization | 1.82M USD | 1.23M USD | 877K USD | 326K USD | 312K USD |
| Operating income | −70.97M USD | −120.57M USD | −143.16M USD | −62.71M USD | −12.16M USD |
| Net income | −66.42M USD | −115.55M USD | −135.89M USD | −62.09M USD | −13.83M USD |
Company facts updated Sep 15, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$98.00
22.58% upsideFunds reporting this stock among their holdings, ordered by reported position size.
iShares Russell 2000 ETFIWM86.85M0.11%78.38B USD0.19%$287.91-0.34%
Vanguard Morningstar Total Stock Market ETFVTI76.86M0.00%2.3T USD0.03%$374.68-0.43%
iShares Russell 2000 Growth ETFIWO31.17M0.22%14.39B USD0.24%$365.6-0.55%
Vanguard Extended Market ETFVXF26.93M0.03%93.7B USD0.05%$236.92-0.35%
iShares Biotechnology ETFIBB24.49M0.24%10.34B USD0.44%$204.6+0.82%
Invesco Pharmaceuticals ETFPJP19.32M3.54%544.86M USD0.58%$125.2+0.89%
Schwab U.S. Small-Cap ETFSCHA15.13M0.07%22.43B USD0.03%$33.41-1.12%
Vanguard Russell 2000 ETFVTWO13.87M0.08%17.4B USD0.06%$116.37-0.33%
iShares Russell 2000 ETFIWM
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 Growth ETFIWO
Vanguard Extended Market ETFVXF
iShares Biotechnology ETFIBB
Invesco Pharmaceuticals ETFPJP
Schwab U.S. Small-Cap ETFSCHA
Vanguard Russell 2000 ETFVTWOAI-generated and delayed market data for informational and educational purposes only. Not investment advice.