TARS (Tarsus Pharmaceuticals) Pretax Margin %: -2.85% (As of Mar. 2026)


TARS Tarsus Pharmaceuticals Inc TARS
48 GF Score
Price $67.11
GF Value $201.69
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tarsus Pharmaceuticals Pretax Margin %?

Tarsus Pharmaceuticals TARS +1.42% 48 Pretax Margin % is -2.85% as of Mar. 2026. GuruFocus rates TARS with a GF Score™ of 48/100 and a GF Value™ of $201.69 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 947 Biotechnology companies, Tarsus Pharmaceuticals ranks better than 68.32% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tarsus Pharmaceuticals's Pre-Tax Income for the three months ended in Mar. 2026 was $-4.6 Mil. Tarsus Pharmaceuticals's Revenue for the three months ended in Mar. 2026 was $162.1 Mil. Therefore, Tarsus Pharmaceuticals's pretax margin for the quarter that ended in Mar. 2026 was -2.85%.

The historical rank and industry rank for Tarsus Pharmaceuticals's Pretax Margin % or its related term are showing as below:

TARS' s Pretax Margin % Range Over the Past 10 Years
Min: -778.89   Med: -63.16   Max: -8.2
Current: -8.2


TARS's Pretax Margin % is ranked better than
68.32% of 947 companies
in the Biotechnology industry
Industry Median: -92.22 vs TARS: -8.20

Tarsus Pharmaceuticals  (NAS:TARS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Tarsus Pharmaceuticals Pretax Margin % Related Terms


Tarsus Pharmaceuticals Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Tarsus Pharmaceuticals's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tarsus Pharmaceuticals Pretax Margin % Chart

Tarsus Pharmaceuticals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial -24.15 -240.53 -778.89 -63.16 -14.26

Tarsus Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.07 -19.81 -10.60 -4.16 -2.85

TARS vs VERA, IDYA, MLYS: Pretax Margin % Comparison

For the Biotechnology subindustry, Tarsus Pharmaceuticals's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tarsus Pharmaceuticals Pretax Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tarsus Pharmaceuticals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tarsus Pharmaceuticals's Pretax Margin % falls into.


TARS
48GF Score
Tarsus Pharmaceuticals Inc TARS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tarsus Pharmaceuticals Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tarsus Pharmaceuticals's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-64.359/451.36
=-14.26 %

Tarsus Pharmaceuticals's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-4.615/162.054
=-2.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -2.85% mean?
Tarsus Pharmaceuticals (TARS) has a Pretax Margin % of -2.85% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tarsus Pharmaceuticals and its competitors. According to the industry distribution chart, Tarsus Pharmaceuticals ranks #300 out of 947 companies in the Biotechnology industry, placing it in the top 31.7%.
Is Tarsus Pharmaceuticals' Pretax Margin % too high?
Tarsus Pharmaceuticals' current Pretax Margin % is -2.85%. Based on the distribution chart, Tarsus Pharmaceuticals ranks #300 out of 947 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Tarsus Pharmaceuticals has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tarsus Pharmaceuticals' Pretax Margin % compare to VERA and IDYA?
According to the Biotechnology industry distribution chart, Tarsus Pharmaceuticals ranks #300 out of 947 companies for Pretax Margin %. This puts Tarsus Pharmaceuticals in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Biotechnology company?
A good Pretax Margin % depends on the Biotechnology industry context. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tarsus Pharmaceuticals and its competitors. Tarsus Pharmaceuticals's current Pretax Margin % is -2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarsus Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Tarsus Pharmaceuticals (TARS) is currently considered Possible Value Trap. The stock's GF Value™ is $201.69, compared to a current price of $67.11 — trading 66.7% below its estimated fair value. The current Pretax Margin % is -2.85%. Tarsus Pharmaceuticals' overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Tarsus Pharmaceuticals (TARS), the current Pretax Margin % is -2.85% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tarsus Pharmaceuticals (TARS) Overvalued in 2026?

Based on GuruFocus' analysis, Tarsus Pharmaceuticals stock appears to be undervalued. The current stock price of $67.11 is trading 66.7% below its estimated GF Value™ of $201.69. GuruFocus considers Tarsus Pharmaceuticals to be Possible Value Trap.

Key valuation signals for TARS:

  • Pretax Margin %: -2.85%
  • GF Value™: $201.69 vs. price of $67.11 (66.7% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the TARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tarsus Pharmaceuticals Business Description

Address 15440 Laguna Canyon Road, Suite 160, Irvine, CA, USA, 92618
Tarsus Pharmaceuticals Inc is a commercial-stage biopharmaceutical company focused on the development and commercialization of therapeutics, starting with eye care. The company is focused on the development and commercialization of first-in-class therapeutic candidates to provide treatment for ophthalmic conditions. The company's candidate XDEMVY is a novel investigational eye drop to treat blepharitis caused by the infestation of Demodex mites, referred to as Demodex blepharitis. TP-04 for the potential treatment of ocular rosacea and TP-05 for potential Lyme disease prophylaxis and community malaria reduction.
48GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$67.11
Price
$201.69
GF Value