Stock Fundamentals

Company Information

Company Name
Tarsus Pharmaceuticals Inc
Sector
Healthcare
Industry
Biotechnology
Exchange
NASDAQ
ISIN: US87650L1035
CIK: 0001819790
CUSIP: 87650L103
Currency: USD
Full Time Employees: 370
Phone: (949) 418-1801
Fiscal Year End: December
IPO Date: Oct 16, 2020
Description:

Tarsus Pharmaceuticals, Inc., a commercial stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for eye care in the United States. The company offers XDEMVY, a lotilaner ophthalmic solution for the treatment of demodex blepharitis caused by the infestation of Demodex mites. It sells its products to specialty pharmacies and distributors, as well as clinics, hospitals, pharmacies, and federal healthcare programs. The company also develops TP-04, a sterile aqueous gel formulation of lotilaner in Phase 2 trial for the treatment of ocular rosacea; and TP-05, an oral tablet formulation of lotilaner in Phase 2 trial for the prevention of Lyme disease, as well as in pre-clinical studies for community malaria reduction. In addition, it is developing the lotilaner active pharmaceutical ingredient (API) to address diseases in human medicine, including eye care and infectious disease prevention. The company has a development and license agreement with Xi An Grand Chang An Pharmaceutical Co., Ltd. for the development and commercialization of TP-03 in China for the treatment of Demodex blepharitis and meibomian gland disease. Tarsus Pharmaceuticals, Inc. was incorporated in 2016 and is headquartered in Irvine, California.

Address:

15440 Laguna Canyon Road, Irvine, CA, United States, 92618

Directors & Officers

Name Title Year Born
Dr. Bobak R. Azamian M.D. Co-Founder, President, CEO & Chairman NA
Mr. Jeffrey S. Farrow CPA CFO & Chief Strategy Officer 1962
Dr. Seshadri Neervannan Ph.D. Chief Operating Officer 1968
Mr. Aziz Mottiwala M.B.A. Chief Commercial Officer 1978
Dr. Elizabeth Yeu M.D. Chief Medical Officer 1979
Mr. David Nakasone Head of Investor Relations NA
Dr. Bryan Wahl J.D., M.D. General Counsel & Corporate Secretary 1978
Ms. Adrienne Kemp Senior Director of Corporate Communications NA
Mr. Matthew Rossen M.B.A. Vice President of Marketing 1978
Mr. Scott Youmans Vice President of Sales NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 3.78M Sep 30, 2025 8.88% $0.00 -0.33%
RTW INVESTMENTS, LLC 3.34M Dec 31, 2025 7.84% $2.74 4.97%
Deep Track Capital, LP 3.00M Sep 30, 2025 7.05% $4.98 71.43%
Paradigm Biocapital Advisors LP 2.56M Dec 31, 2025 6.02% $5.35 -3.88%
TANG CAPITAL MANAGEMENT LLC 2.45M Sep 30, 2025 5.77% $5.62 0.00%
Vanguard Group Inc 2.40M Dec 31, 2025 5.64% $0.00 5.61%
Jennison Associates LLC 2.23M Dec 31, 2025 5.24% $0.11 -14.38%
Morgan Stanley - Brokerage Accounts 1.91M Sep 30, 2025 4.49% $0.01 -6.97%
HHG PLC 1.44M Sep 30, 2025 3.38% $0.04 -20.36%
Driehaus Capital Management LLC 1.17M Dec 31, 2025 2.75% $0.65 13.71%
Assenagon Asset Management SA 1.13M Dec 31, 2025 2.65% $0.13 -9.63%
Geode Capital Management, LLC 944.50K Sep 30, 2025 2.22% $0.00 1.08%
Amvescap Plc. 937.01K Sep 30, 2025 2.20% $0.01 0.92%
State Street Corp 936.16K Sep 30, 2025 2.20% $0.00 -4.56%
Lord, Abbett & Co LLC 855.65K Dec 31, 2025 2.01% $0.21 -13.19%
Macquarie Group Ltd 833.44K Sep 30, 2025 1.96% $0.06 -12.16%
Frazier Life Sciences Management, L.P. 728.64K Dec 31, 2025 1.71% $1.60 -37.59%
FMR Inc 647.11K Dec 31, 2025 1.52% $0.00 2,860.13%
The Toronto-Dominion Bank 617.58K Sep 30, 2025 1.45% $0.06 -38.36%
D. E. Shaw & Co LP 615.16K Dec 31, 2025 1.45% $0.03 2.82%

Shares Statistics

Shares Outstanding: 42.56M
Shares Float: 32.32M
% Insiders: 307.50%
% Institutions: 10,746.90%
Short % Float: 13.27%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 3.78M 8.88% ▼ 0.33% Sep 30, 2025
2 RTW INVESTMENTS, LLC 3.34M 7.84% ▲ 4.97% Dec 31, 2025
3 Deep Track Capital, LP 3.00M 7.05% ▲ 71.43% Sep 30, 2025
4 Paradigm Biocapital Advisors LP 2.56M 6.02% ▼ 3.88% Dec 31, 2025
5 TANG CAPITAL MANAGEMENT LLC 2.45M 5.77% ▲ 0.00% Sep 30, 2025
6 Vanguard Group Inc 2.40M 5.64% ▲ 5.61% Dec 31, 2025
7 Jennison Associates LLC 2.23M 5.24% ▼ 14.38% Dec 31, 2025
8 Morgan Stanley - Brokerage Accounts 1.91M 4.49% ▼ 6.97% Sep 30, 2025
9 HHG PLC 1.44M 3.38% ▼ 20.36% Sep 30, 2025
10 Driehaus Capital Management LLC 1.17M 2.75% ▲ 13.71% Dec 31, 2025

Valuation Metrics

Enterprise Value: $2.87B
Trailing P/E: 0.00
Forward P/E: 106.38

Financial Highlights

Market Cap: $3.21B
EBITDA: $-69.15M
Book Value: $8.07
Earnings/Share: $-1.59
Profit Margin: -14.72%
Operating Margin: -5.26%
ROA (TTM): -9.45%
ROE (TTM): -23.39%
Revenue (TTM): $451.36M
Revenue/Share (TTM): $10.80
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 128.40%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 3.85x 0.21x 0.39x -7.94x -1.35x
2024-12-31 4.42x 0.32x 0.40x -16.19x -0.68x
2023-12-31 6.93x 0.15x 0.26x -44.39x -0.23x
2022-12-31 14.61x 0.10x 0.15x -30.38x -0.34x
2021-12-31 15.33x 0.01x 0.07x -4.22x -0.10x
2020-12-31 31.68x 0.00x 0.03x -143.53x -0.01x
2019-12-31 70.85x -0.01x 1.10x -107.45x -0.01x
2018-12-31 13.31x 0.00x 1.57x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 24, 2025 Bobak R Azamian N/A Sale 6.00K $82.51 $495.06K
Dec 16, 2025 Dianne C Whitfield N/A Sale 7.40K $80.10 $592.50K
Sep 24, 2025 Bobak R Azamian N/A Sale 6.00K $55.37 $332.22K
Sep 08, 2025 William J Phd Link N/A Sale 27.12K $57.00 $1.55M
Aug 11, 2025 Bobak R Azamian N/A Sale 6.00K $50.00 $300.00K
Mar 24, 2025 Bobak R Azamian N/A Sale 6.00K $50.00 $300.00K
Mar 20, 2025 Bobak R Azamian N/A Sale 8.53K $50.11 $427.64K
Mar 20, 2025 Bryan Wahl N/A Sale 3.08K $50.11 $154.54K
Mar 20, 2025 Dianne C Whitfield N/A Sale 2.14K $50.11 $107.09K
Mar 18, 2025 Bobak R Azamian N/A Sale 7.13K $46.29 $330.09K
Mar 18, 2025 Bryan Wahl N/A Sale 3.34K $46.29 $154.65K
Mar 18, 2025 Dianne C Whitfield N/A Sale 2.32K $46.29 $107.16K

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