# Tarsus (TARS) — Earnings

TARS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/tars/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.43 |
| EPS estimate | −$0.19 |
| EPS surprise | −124.19% |
| Revenue surprise | +2.50% |
| Revenue | $173.9M |
| Revenue estimate | $169.7M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1819790/000181979026000064/tars-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/6c38882c-ce35-dbe1-4273-b0530e54d78b.html) |

Tarsus reported Q2 2026 results on August 6, 2026. It posted a loss of $0.43 per share, wider than the $0.19 loss expected, a miss of 124.19%. Revenue was $173.9 million, about 2.5% above the $169.7 million estimate. Compared with Q2 2025, the loss per share narrowed slightly from $0.48, and revenue rose about 69% from $102.7 million.

Every one of the 20 quarters in the table is a loss, but the losses have mostly shrunk as revenue grew. The annual loss per share went from $4.64 in 2023 to $3.10 in 2024 and $1.62 in 2025. Revenue rose about 147% in 2025, to $451.4 million from $182.9 million. Quarterly revenue has risen in each of the last 11 quarters, and Q2 2026 is the highest in the table. The smallest loss was Q1 2026, at $0.16 per share. Tarsus beat the EPS estimate in 14 of the 20 quarters.

Q3 results came out between November 4 and November 13 in each of the past five years. That points to early or mid-November 2026 for the next report. It will show whether revenue keeps rising and how the loss compares with recent quarters.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | −$0.19 | −$0.43 | -124.19% | $169.7M | $173.9M |
| Q1 2026 | May 6, 2026 | −$0.40 | −$0.16 | 60.03% | $149.6M | $162.1M |
| Q4 2025 | Feb 23, 2026 | −$0.09 | −$0.20 | -115.05% | $144.6M | $151.7M |
| Q3 2025 | Nov 4, 2025 | −$0.35 | −$0.30 | 14.14% | $115.2M | $118.7M |
| Q2 2025 | Aug 6, 2025 | −$0.38 | −$0.48 | -26.78% | $95.7M | $102.7M |
| Q1 2025 | May 1, 2025 | −$0.73 | −$0.64 | 12.32% | $72.4M | $78.3M |
| Q4 2024 | Feb 25, 2025 | −$0.74 | −$0.60 | 19.25% | $58.8M | $66.4M |
| Q3 2024 | Nov 13, 2024 | −$0.94 | −$0.61 | 35.09% | $43.2M | $48.1M |
| Q2 2024 | Aug 8, 2024 | −$0.92 | −$0.88 | 4.66% | $32.3M | $40.8M |
| Q1 2024 | May 8, 2024 | −$1.18 | −$1.01 | 14.47% | $17.9M | $27.6M |
| Q4 2023 | Feb 27, 2024 | −$1.37 | −$1.31 | 4.53% | $5.5M | $13.1M |
| Q3 2023 | Nov 9, 2023 | −$1.35 | −$1.28 | 5.21% | $399,560.00 | $1.9M |
| Q2 2023 | Aug 10, 2023 | −$1.08 | −$1.17 | -8.43% | — | — |
| Q1 2023 | May 9, 2023 | −$0.96 | −$0.88 | 7.95% | $3.3M | $2.5M |
| Q4 2022 | Mar 13, 2023 | −$0.67 | −$0.46 | 31.14% | $10.0M | $10.0M |
| Q3 2022 | Nov 9, 2022 | −$0.96 | −$0.84 | 12.50% | $3.5M | — |
| Q2 2022 | Aug 11, 2022 | −$0.64 | −$0.24 | 62.63% | $11.3M | $15.3M |
| Q1 2022 | May 10, 2022 | −$0.90 | −$0.98 | -8.49% | $5.2M | $539,000.00 |
| Q4 2021 | Mar 14, 2022 | −$0.75 | −$0.72 | 3.54% | $1.9M | $338,000.00 |
| Q3 2021 | Nov 9, 2021 | −$0.42 | −$0.76 | -82.08% | $5.3M | $1.2M |

## Frequently Asked Questions

### When did Tarsus (TARS) last report earnings?

Tarsus last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did TARS beat earnings estimates?

No. Tarsus reported EPS of −$0.43 for Q2 2026 against a −$0.19 estimate — a 124.19% miss.

### How much revenue did TARS report last quarter?

Tarsus reported $173.9M in revenue for Q2 2026, against a consensus estimate of $169.7M.

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).