Invesaro

Stocks Health care PHAT

NASDAQ · Health care

Phathom Pharmaceuticals, Inc. (PHAT)

Phathom Pharmaceuticals, Inc. brought in $239.7M of revenue over the twelve months to June 30, 2026, up 110.2% from a year earlier. It posted a net loss of $99.1M. In fiscal 2025 capital spending exceeded operating cash flow by $167M. At June 30, 2026 it held $182.5M in cash against $164.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.

Price
$7.30
+3.11% on the day · September 25, 2026
52-week range $6.91 to $18.31
Market cap
$590.6M
Revenue (last 12 months)
$239.7M
+110.2% year on year
Net margin
-41.3%

What Phathom Pharmaceuticals, Inc. does

Phathom Pharmaceuticals, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker PHAT.

Revenue and profit by year

Revenue
FY22: $0 $0 FY22FY23: $682K $682K FY23FY24: $55.3M $55.3M FY24FY25: $175.1M $175.1M FY25
Net income
FY19: -$1.3M -$1.3M FY19FY19: -$255.1M -$255.1M FY19FY20: -$129.1M -$129.1M FY20FY21: -$143.9M -$143.9M FY21FY22: -$197.7M -$197.7M FY22FY23: -$201.6M -$201.6M FY23FY24: -$334.3M -$334.3M FY24FY25: -$221.2M -$221.2M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$175.1M-$160M-$221.2M-$3.03-$167M
2024$55.3M-$277.5M-$334.3M-$5.29-$266.9M
2023$682K-$167.3M-$201.6M-$3.93-$139.2M
2022$0-$172.4M-$197.7M-$5.05-$147.6M
2021n/a-$135.1M-$143.9M-$3.89-$148.8M
2020n/a-$125.7M-$129.1M-$3.88-$70.7M
Next report expected around October 29, 2026.

Estimated from its filing rhythm: 52 weeks after its report of October 30, 2025. Not a date the company has announced. See the report calendar

Where PHAT ranks in Health care

Revenue$175.1M
#265 of 523 in Health care · Bottom 49%
Revenue growth+216.9%
#24 of 437 in Health care · Top 5%
Net margin-126.3%
#370 of 447 in Health care · Bottom 17%
Free cash flow margin-95.4%
#330 of 408 in Health care · Bottom 19%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Phathom Pharmaceuticals, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. July 30, 2026
    Quarterly report 10-Q · period to June 30, 2026
  2. July 30, 2026
  3. July 29, 2026
  4. July 20, 2026
  5. June 23, 2026
  6. May 21, 2026
  7. April 30, 2026
    Quarterly report 10-Q · period to March 31, 2026
  8. April 30, 2026
  9. April 7, 2026
  10. April 7, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 8, 2026. Insider transactions on SEC

Insider trades

What the people running Phathom Pharmaceuticals, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
September 3, 2026 Breedlove Robert CharlesPrincipal Accounting Officer Shares withheld for tax 460 $9.05 $4.2K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about PHAT

What does Phathom Pharmaceuticals, Inc. do?

Phathom Pharmaceuticals, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker PHAT.

Is Phathom Pharmaceuticals, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $99.1M on revenue of $239.7M.

How much revenue does Phathom Pharmaceuticals, Inc. make?

Over the twelve months to June 30, 2026 Phathom Pharmaceuticals, Inc. reported revenue of $239.7M. That is 110.2% more than a year earlier.

When did Phathom Pharmaceuticals, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 8, 2026.

Similar companies

Compare PHAT with

Compare PHAT with any company

Follow PHAT

Get an email when Phathom Pharmaceuticals, Inc. files with the SEC: results, executive changes, material agreements and annual reports.

Follow PHAT: get an email when it files

Where the numbers come from

Financial figures are the values Phathom Pharmaceuticals, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.