TARS (Tarsus Pharmaceuticals) Research & Development: $87.7 Mil (TTM As of Jun. 2026)

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TARS Tarsus Pharmaceuticals Inc TARS
46 GF Score
Price $64.82
GF Value $160.53
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Tarsus Pharmaceuticals Research & Development?

Tarsus Pharmaceuticals TARS -1.01% 46 Research & Development is $87.7 Mil as of Jun. 2026. GuruFocus rates TARS with a GF Score™ of 46/100 and a GF Value™ of $160.53 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tarsus Pharmaceuticals's Research & Development for the three months ended in Jun. 2026 was $31.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was $87.7 Mil.

Tarsus Pharmaceuticals  (NAS:TARS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Tarsus Pharmaceuticals Research & Development Related Terms

Tarsus Pharmaceuticals Research & Development Historical Data

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The historical data trend for Tarsus Pharmaceuticals's Research & Development 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 Research & Development Chart

Tarsus Pharmaceuticals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 41.71 42.62 50.31 53.39 64.32

Tarsus Pharmaceuticals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Research & Development 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 15.59 16.28 18.04 22.35 31.01
TARS
46GF Score
Tarsus Pharmaceuticals Inc TARS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Tarsus Pharmaceuticals Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $87.7 Mil.

* 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 Research & Development →
What does a Research & Development of $87.7 Mil mean?
Tarsus Pharmaceuticals (TARS) has a Research & Development of $87.7 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Tarsus Pharmaceuticals and its competitors.
Is Tarsus Pharmaceuticals' Research & Development too high?
Tarsus Pharmaceuticals' current Research & Development is $87.7 Mil. Overall, Tarsus Pharmaceuticals has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tarsus Pharmaceuticals' Research & Development compare to VERA and BEAM?
Tarsus Pharmaceuticals' Research & Development of $87.7 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Biotechnology company?
A good Research & Development depends on the Biotechnology industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Tarsus Pharmaceuticals and its competitors. Tarsus Pharmaceuticals's current Research & Development is $87.7 Mil. 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 Significantly Undervalued. The stock's GF Value™ is $160.53, compared to a current price of $64.82 — trading 59.6% below its estimated fair value. The current Research & Development is $87.7 Mil. Tarsus Pharmaceuticals' overall GF Score™ is 46/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Tarsus Pharmaceuticals (TARS), the current Research & Development is $87.7 Mil as of Jun. 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 $64.82 is trading 59.6% below its estimated GF Value™ of $160.53. GuruFocus considers Tarsus Pharmaceuticals to be Significantly Undervalued.

Key valuation signals for TARS:

  • Research & Development: $87.7 Mil
  • GF Value™: $160.53 vs. price of $64.82 (59.6% below fair value)
  • GF Score™: 46/100 with 1 warning sign

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.
46GF Score

Get the complete analysis for TARS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.82
Price
$160.53
GF Value