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Revolution Medicines vs Tarsus Pharmaceuticals: RVMD and TARS compared

Revolution Medicines is the larger company: $198M of revenue in its latest quarter (Q3 2026) against $195M for Tarsus Pharmaceuticals (Q3 2026). Revolution Medicines is more profitable, with an operating margin of -188.9% against -340.3%.

Revolution Medicines vs Tarsus Pharmaceuticals, latest quarterRevolution Medicines vs Tarsus Pharmaceuticals, latest quarterRevolution Medicines (RVMD)Tarsus Pharmaceuticals (TARS)Revenue$198M$195MOperating margin-188.9%-340.3%Net margin-206.2%-343.5%

Where the money goes: RVMD and TARS

Revolution Medicines (RVMD) · Q3 2026

Revolution Medicines, Q3 2026: revenue $198M, operating margin -188.9%, net loss $407M, operating cash flow −$416M. The chart follows the revenue to costs, profit and cash.

Tarsus Pharmaceuticals (TARS) · Q3 2026

Tarsus Pharmaceuticals, Q3 2026: revenue $195M (+64% year over year), operating margin -340.3%, net loss $668M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.

Revolution Medicines (RVMD)Tarsus Pharmaceuticals (TARS)
Latest quarterQ3 2026Q3 2026
Revenue$198M$195M
Revenue growth, Y/Y—+64%
Operating margin-188.9%-340.3%
Net earnings−$407M−$668M
Net margin-206.2%-343.5%
Operating cash flow−$416M−$6.0M

Questions

Which is bigger, Revolution Medicines or Tarsus Pharmaceuticals?

Revolution Medicines is the larger company: $198M of revenue in its latest quarter (Q3 2026) against $195M for Tarsus Pharmaceuticals (Q3 2026).

Is Revolution Medicines or Tarsus Pharmaceuticals growing faster?

Revolution Medicines is more profitable, with an operating margin of -188.9% against -340.3%.

More: Revolution Medicines earnings · how Revolution Medicines makes money · Tarsus Pharmaceuticals earnings · how Tarsus Pharmaceuticals makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.