10-Q quarterly report · filed Aug 6, 2026

Tarsus Pharmaceuticals, Inc. (TARS) Q2 2026 10-Q Quarterly Report

Short answer

Tarsus Pharmaceuticals, Inc. (TARS) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $174M (up 69.4% year over year) with net income of −$19M.

Q2 2026 key financials · XBRL

Revenue
$174M
+69.4% YoY · +7.3% QoQ
Net income
−$19M
+8.8% YoY · −166.3% QoQ
Operating margin
-11.4%
EPS (diluted)
−$0.43
+8.5% YoY · −168.8% QoQ

Source: XBRL data from the Tarsus Pharmaceuticals, Inc. (TARS) Q2 2026 10-Q on SEC EDGAR. USD.

Tarsus Pharmaceuticals, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • XDEMVY net product sales $173.9M, up more than 69% YoY in Q2 2026
  • Net loss $18.6M vs $20.3M YoY for Q2 2026
  • ECPs prescribing XDEMVY five or more times weekly doubled YoY
  • Operating expenses expected to increase significantly with commercialization and pipeline advancement
  • PIPE transaction expected to generate $125.0M gross proceeds on August 7, 2026

Risk Factors

  • Newly added tariff risk triggered by 2026 trade actions, including tariffs up to 100% ad valorem under Section 232
  • Regulatory compliance exposure from misconduct allegations, including potential exclusion from Medicare and Medicaid programs
  • Cybersecurity risk from AI-enabled attacks compromising clinical data or personal information under CCPA
  • Commercial risk from XDEMVY dependence as the company’s single FDA-approved product
  • Financial risk from continued losses, including $25.5 million net loss and $452.1 million accumulated deficit through June 30, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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