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

Phathom Pharmaceuticals (PHAT) reported Change in Inventory of -$665000.0 for Q1 2026, down 105.39% year-over-year from $12.3 million in Q1 2025, and up 66.78% quarter-over-quarter 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.

  • Change in Inventory for Q1 2026 came in at -$665000.0, down 105.39% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 million (down 106.71% YoY), and the FY2025 annual result was $11.8 million, up 91.81% from the prior year.
  • Change in Inventory advanced to -$665000.0 in Q1 2026 per PHAT's latest filing, from -$2.0 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $12.3 million in Q1 2025 and troughed at -$2.0 million in Q4 2025.
  • A 4-year average of $2.4 million and a median of $416000.0 in 2024 frame the typical range for Change in Inventory.
  • On a YoY basis, Change in Inventory climbed as much as 2863.46% in 2025 and fell as far as 194.5% in 2025.
  • A 4-year view of Change in Inventory shows it stood at $9.3 million in 2023, then plunged by 40.24% to $5.6 million in 2024, then plunged by 135.9% to -$2.0 million in 2025, then jumped by 66.78% to -$665000.0 in 2026.
  • Business Quant data shows PHAT's Change in Inventory at -$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 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 - 51,468.00
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 97.70 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Phathom Pharmaceuticals 895.99 Mn 712.23 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