Phathom Pharmaceuticals PHAT
NASDAQ PHAT
$9.50 +0.45 (+4.98%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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