Phathom Pharmaceuticals (PHAT) Change in Inventory (2023 - 2026)

Phathom Pharmaceuticals' (PHAT) quarterly Change in Inventory came in at -$665000.0 in Q1 2026, down 105.39% year-on-year from $12.3 million in Q1 2025, and up 66.78% on a QoQ basis from -$2.0 million in Q4 2025.

Phathom Pharmaceuticals (PHAT) Change in Inventory (2023 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 4 years of Change in Inventory data on file, last reported at -$665000.0 in Q1 2026.

  • On a quarterly basis, Change in Inventory fell 105.39% year-over-year to -$665000.0 in Q1 2026; TTM through Mar 2026 was -$1.2 million, a 106.71% decrease from a year earlier, with the FY2025 full-year figure at $11.8 million, up 91.81% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$665000.0, up from -$2.0 million in the prior quarter.
  • Over the last five years, Change in Inventory for PHAT reached as high as $12.3 million in Q1 2025 and fell as low as -$2.0 million in Q4 2025.
  • Historically, Change in Inventory has averaged $2.4 million across 4 years, with a median of $416000.0 in 2024.
  • On a YoY basis, Change in Inventory climbed as much as 2863.46% in 2025 and fell as far as 194.5% in 2025.
  • Year by year, Change in Inventory stood at $9.3 million in 2023, then sank by 40.24% to $5.6 million in 2024, then sank by 135.9% to -$2.0 million in 2025, then jumped by 66.78% to -$665000.0 in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were -$665000.0 in Q1 2026, -$2.0 million in Q4 2025, and -$395000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 71.84 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 97.70 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -26.60 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Phathom Pharmaceuticals 951.79 Mn 768.02 Mn 46.31 Mn -665,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -665,000.00
Mar 31, 2026 -665,000.00
Dec 31, 2025 -2.00 Mn
Dec 31, 2025 -2.00 Mn
Sep 30, 2025 -395,000.00
Sep 30, 2025 -395,000.00
Jun 30, 2025 1.85 Mn
Jun 30, 2025 1.85 Mn
Mar 31, 2025 12.33 Mn
Mar 31, 2025 12.33 Mn
Dec 31, 2024 5.58 Mn
Dec 31, 2024 5.58 Mn
Sep 30, 2024 418,000.00
Sep 30, 2024 418,000.00
Jun 30, 2024 -268,000.00
Jun 30, 2024 -268,000.00
Mar 31, 2024 416,000.00
Mar 31, 2024 416,000.00
Dec 31, 2023 9.33 Mn
Dec 31, 2023 9.33 Mn