Phathom Pharmaceuticals (PHAT) Accumulated Expenses (2018 - 2025)

Phathom Pharmaceuticals (PHAT) reported Accumulated Expenses of $89.8 million for Q4 2025, up 68.75% year-over-year from $53.2 million in Q4 2024, and up 6529.59% quarter-over-quarter from $1.4 million in Q3 2025.

Phathom Pharmaceuticals (PHAT) Accumulated Expenses (2018 - 2025) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 8 years of Accumulated Expenses data on file, last reported at $89.8 million in Q4 2025.

  • Accumulated Expenses for Q4 2025 came in at $89.8 million, up 68.75% year-over-year; the trailing twelve-month figure through Dec 2025 was $89.8 million (up 68.75% YoY), and the FY2025 annual result was $89.8 million, up 68.75% from the prior year.
  • Accumulated Expenses climbed to $89.8 million in Q4 2025 per PHAT's latest filing, from $1.4 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $89.8 million in Q4 2025 and troughed at $214000.0 in Q3 2021.
  • A 5-year average of $12.2 million and a median of $5.4 million in 2022 frame the typical range for Accumulated Expenses.
  • On a YoY basis, Accumulated Expenses climbed as much as 4545.03% in 2024 and fell as far as 88.69% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $6.3 million in 2021, then slumped by 86.54% to $854000.0 in 2022, then soared by 34.19% to $1.1 million in 2023, then soared by 4545.03% to $53.2 million in 2024, then surged by 68.75% to $89.8 million in 2025.
  • Business Quant data shows PHAT's Accumulated Expenses at $89.8 million in Q4 2025, $1.4 million in Q3 2025, and $18.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Phathom Pharmaceuticals 895.99 Mn 712.23 Mn 46.31 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 89.83 Mn
Sep 30, 2025 1.36 Mn
Jun 30, 2025 18.71 Mn
Mar 31, 2025 8.95 Mn
Dec 31, 2024 53.23 Mn
Sep 30, 2024 1.52 Mn
Jun 30, 2024 1.79 Mn
Mar 31, 2024 16.54 Mn
Dec 31, 2023 1.15 Mn
Sep 30, 2023 13.46 Mn
Jun 30, 2023 6.53 Mn
Mar 31, 2023 2.50 Mn
Dec 31, 2022 854,000.00
Sep 30, 2022 5.66 Mn
Jun 30, 2022 5.20 Mn
Mar 31, 2022 481,000.00
Dec 31, 2021 6.34 Mn
Sep 30, 2021 214,000.00
Jun 30, 2021 8.85 Mn
Mar 31, 2021 1.83 Mn