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Side-by-side financial comparison of GOLAR LNG LTD (GLNG) and Tarsus Pharmaceuticals, Inc. (TARS). Click either name above to swap in a different company.

Tarsus Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($151.7M vs $122.5M, roughly 1.2× GOLAR LNG LTD). GOLAR LNG LTD runs the higher net margin — 25.7% vs -5.5%, a 31.2% gap on every dollar of revenue. On growth, Tarsus Pharmaceuticals, Inc. posted the faster year-over-year revenue change (128.4% vs 89.1%).

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

Tarsus Pharmaceuticals, Inc. is a late-stage clinical biopharmaceutical company focused on developing and commercializing innovative therapeutic candidates for unmet medical needs in ophthalmology, dermatology, and other specialty care areas. It operates primarily in the United States, with lead product candidates targeting common, underdiagnosed conditions including demodex blepharitis and rosacea.

GLNG vs TARS — Head-to-Head

Bigger by revenue
TARS
TARS
1.2× larger
TARS
$151.7M
$122.5M
GLNG
Growing faster (revenue YoY)
TARS
TARS
+39.3% gap
TARS
128.4%
89.1%
GLNG
Higher net margin
GLNG
GLNG
31.2% more per $
GLNG
25.7%
-5.5%
TARS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GLNG
GLNG
TARS
TARS
Revenue
$122.5M
$151.7M
Net Profit
$31.5M
$-8.4M
Gross Margin
Operating Margin
39.4%
-5.3%
Net Margin
25.7%
-5.5%
Revenue YoY
89.1%
128.4%
Net Profit YoY
190.5%
63.8%
EPS (diluted)
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GLNG
GLNG
TARS
TARS
Q4 25
$151.7M
Q3 25
$122.5M
$118.7M
Q2 25
$102.7M
Q1 25
$78.3M
Q4 24
$66.4M
Q3 24
$64.8M
$48.1M
Q2 24
$40.8M
Q1 24
$27.6M
Net Profit
GLNG
GLNG
TARS
TARS
Q4 25
$-8.4M
Q3 25
$31.5M
$-12.6M
Q2 25
$-20.3M
Q1 25
$-25.1M
Q4 24
$-23.1M
Q3 24
$-34.8M
$-23.4M
Q2 24
$-33.3M
Q1 24
$-35.7M
Operating Margin
GLNG
GLNG
TARS
TARS
Q4 25
-5.3%
Q3 25
39.4%
-12.2%
Q2 25
-21.6%
Q1 25
-33.5%
Q4 24
-36.8%
Q3 24
-43.7%
-52.3%
Q2 24
-81.6%
Q1 24
-136.5%
Net Margin
GLNG
GLNG
TARS
TARS
Q4 25
-5.5%
Q3 25
25.7%
-10.6%
Q2 25
-19.8%
Q1 25
-32.1%
Q4 24
-34.8%
Q3 24
-53.7%
-48.7%
Q2 24
-81.6%
Q1 24
-129.4%
EPS (diluted)
GLNG
GLNG
TARS
TARS
Q4 25
$-0.17
Q3 25
$-0.30
Q2 25
$-0.48
Q1 25
$-0.64
Q4 24
$-0.57
Q3 24
$-0.61
Q2 24
$-0.88
Q1 24
$-1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GLNG
GLNG
TARS
TARS
Cash + ST InvestmentsLiquidity on hand
$611.2M
$417.3M
Total DebtLower is stronger
$1.9B
$72.4M
Stockholders' EquityBook value
$1.9B
$343.4M
Total Assets
$4.7B
$562.2M
Debt / EquityLower = less leverage
1.01×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLNG
GLNG
TARS
TARS
Q4 25
$417.3M
Q3 25
$611.2M
$401.8M
Q2 25
$381.1M
Q1 25
$407.9M
Q4 24
$291.4M
Q3 24
$732.1M
$317.0M
Q2 24
$323.6M
Q1 24
$298.5M
Total Debt
GLNG
GLNG
TARS
TARS
Q4 25
$72.4M
Q3 25
$1.9B
$72.3M
Q2 25
$72.1M
Q1 25
$72.0M
Q4 24
$71.8M
Q3 24
$1.4B
$71.7M
Q2 24
$71.6M
Q1 24
$29.9M
Stockholders' Equity
GLNG
GLNG
TARS
TARS
Q4 25
$343.4M
Q3 25
$1.9B
$335.1M
Q2 25
$332.6M
Q1 25
$342.5M
Q4 24
$224.5M
Q3 24
$2.0B
$237.5M
Q2 24
$252.2M
Q1 24
$275.2M
Total Assets
GLNG
GLNG
TARS
TARS
Q4 25
$562.2M
Q3 25
$4.7B
$534.6M
Q2 25
$495.0M
Q1 25
$500.8M
Q4 24
$377.0M
Q3 24
$4.3B
$376.3M
Q2 24
$376.8M
Q1 24
$349.3M
Debt / Equity
GLNG
GLNG
TARS
TARS
Q4 25
0.21×
Q3 25
1.01×
0.22×
Q2 25
0.22×
Q1 25
0.21×
Q4 24
0.32×
Q3 24
0.70×
0.30×
Q2 24
0.28×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GLNG
GLNG
TARS
TARS
Operating Cash FlowLast quarter
$149.0M
$19.3M
Free Cash FlowOCF − Capex
$13.0M
FCF MarginFCF / Revenue
8.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
4.73×
TTM Free Cash FlowTrailing 4 quarters
$-22.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLNG
GLNG
TARS
TARS
Q4 25
$19.3M
Q3 25
$149.0M
$18.3M
Q2 25
$-29.4M
Q1 25
$-20.7M
Q4 24
$-22.2M
Q3 24
$62.6M
$-8.7M
Q2 24
$-14.4M
Q1 24
$-37.8M
Free Cash Flow
GLNG
GLNG
TARS
TARS
Q4 25
$13.0M
Q3 25
$16.3M
Q2 25
$-30.4M
Q1 25
$-21.2M
Q4 24
$-22.3M
Q3 24
$-8.9M
Q2 24
$-15.4M
Q1 24
$-38.0M
FCF Margin
GLNG
GLNG
TARS
TARS
Q4 25
8.6%
Q3 25
13.8%
Q2 25
-29.6%
Q1 25
-27.1%
Q4 24
-33.5%
Q3 24
-18.6%
Q2 24
-37.8%
Q1 24
-137.5%
Capex Intensity
GLNG
GLNG
TARS
TARS
Q4 25
4.2%
Q3 25
1.6%
Q2 25
1.0%
Q1 25
0.8%
Q4 24
0.1%
Q3 24
0.6%
Q2 24
2.5%
Q1 24
0.6%
Cash Conversion
GLNG
GLNG
TARS
TARS
Q4 25
Q3 25
4.73×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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