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MARKETS / NASDAQ / PHAT
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Phathom Pharmaceuticals, Inc. PHAT

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$175.1M
▲ 216.9% YoY
$-221.2M
$-167.0M
Growth
USD 175.1M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 175.1 · Net income -221.2
80M160M-200M20182019202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−126 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -91.4% · Net -126.3%
-10000%-20000%20182019202020212022202320242025
ROE
FY2021 · ROE -108.0%
-100%-200%20182019202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -167.0
-100M-200M20182019202020212022202320242025

Total assetsUSD 259.1M
EquityUSD -438.2M
CashUSD 130.0M
Gross debtUSD 209.1M
Net debtUSD 79.1M
Current ratio1.73×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B0.20.10.00.0····
Operating income $B−0.2−0.3−0.2−0.2−0.1−0.1−0.1−0.0
EBITDA $B−0.2−0.3−0.2−0.2−0.1−0.1−0.1−0.0
Income tax $B0.00.00.00.00.00.00.00.0
Net income $B−0.2−0.3−0.2−0.2−0.1−0.1−0.3−0.0
Free cash flow $B−0.2−0.3−0.1−0.1−0.1−0.1−0.0·
EPS, diluted $−3.03−5.29−3.93−5.05−3.89−3.88−22.45−0.21
Dividend / sh $········
Payout %········
ROE %····−108.0−61.1−225.1·
Shares out B0.070.070.060.040.030.030.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 36 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 59 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2018

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