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

Phathom Pharmaceuticals, Inc. PHAT

8 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$175.1M
▲ 216.9% vs FY2024
EPS · FY25
$-3.03
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
-126.3%
Dividend coverage
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Result
USD 175.1M
Revenue, FY2025 · full 8-year series below
Revenue Net income
0.050.10.150.20.2-0.22018202120242025
0.050.10.150.20.2-0.22018202120242025

The company lost 126 cents on every revenue dollar this year.

Per share
USD -3.03
Diluted EPS, FY2025
EPS
0.40.81.2-3.032018202120242025
0.40.81.2-3.032018202120242025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
0.250.50.7512018202120242025
0.250.50.7512018202120242025
Operating margin-91.4%
Net margin-126.3%
Return on assets-69.4%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.07B
Shares outstanding, FY2025
0.020.072018202120242025
0.020.072018202120242025
Change, 5 years+150.5%
Change, 10 years

The share count grew 150% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 259.1M
total assets, end of FY2025
Total assetsUSD 259.1M
EquityUSD -438.2M
CashUSD 130.0M
Gross debtUSD 209.1M
Net debtUSD 79.1M
Current ratio1.73×

Net debt stands at -18% of equity.

History
8 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
Revenue $B
0.2
0.1
0.0
0.0
·
·
·
·
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 $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.2
−0.3
−0.2
−0.2
−0.1
−0.1
−0.3
−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 B
0.07
0.07
0.06
0.04
0.03
0.03
0.02
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
28 of 28
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed