Phathom Pharmaceuticals (PHAT) Change in Inventory (2023 - 2026)
Phathom Pharmaceuticals (PHAT) posted quarterly Change in Inventory of $4.0 million for Q2 2026, up 113.84% year-over-year from $1.8 million in Q2 2025, and up 694.89% quarter-over-quarter from -$665000.0 in Q1 2026.
Analysis
Phathom Pharmaceuticals (PHAT) Change in Inventory (2023 - 2026) Analysis & Trends
Phathom Pharmaceuticals (PHAT) has reported Change in Inventory for 4 consecutive years, with $4.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Inventory rose 113.84% year-over-year to $4.0 million; the TTM figure through Jun 2026 stood at $894000.0 (down 95.57% YoY), while the FY2025 annual figure was $11.8 million, up 91.81% from the prior year.
- Change in Inventory advanced to $4.0 million in Q2 2026 per PHAT's latest filing, from -$665000.0 in the prior quarter.
- Across five years, Change in Inventory topped out at $12.3 million in Q1 2025 and bottomed at -$2.0 million in Q4 2025.
- Historically, Change in Inventory has averaged $2.6 million across 4 years, with a median of $417000.0 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.
- Phathom Pharmaceuticals' 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 soared by 297.6% to $4.0 million in 2026.
- Business Quant data shows PHAT's Change in Inventory at $4.0 million in Q2 2026, -$665000.0 in Q1 2026, and -$2.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 27.70 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 28.20 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 132.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 47.15 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | -280,000.00 |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 12.97 Mn |
| 10 | Phathom Pharmaceuticals | 796.85 Mn | 611.51 Mn | 59.18 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.96 Mn |
| Mar 31, 2026 | -665,000.00 |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | -395,000.00 |
| Jun 30, 2025 | 1.85 Mn |
| Mar 31, 2025 | 12.33 Mn |
| Dec 31, 2024 | 5.58 Mn |
| Sep 30, 2024 | 418,000.00 |
| Jun 30, 2024 | -268,000.00 |
| Mar 31, 2024 | 416,000.00 |
| Dec 31, 2023 | 9.33 Mn |
| Sep 30, 2023 | 111,000.00 |