Phathom Pharmaceuticals (PHAT) Common Equity (2018 - 2026)
Phathom Pharmaceuticals' (PHAT) quarterly Common Equity came in at -$337.0 million in Q1 2026, little changed year-on-year from -$335.5 million in Q1 2025, and up 23.1% on a QoQ basis from -$438.2 million in Q4 2025.
Phathom Pharmaceuticals (PHAT) Common Equity (2018 - 2026) Analysis & Trends
Phathom Pharmaceuticals (PHAT) has 9 years of Common Equity data on file, last reported at -$337.0 million in Q1 2026.
- On a quarterly basis, Common Equity changed 0.42% year-over-year to -$337.0 million in Q1 2026; TTM through Mar 2026 was -$337.0 million, a 0.42% change from a year earlier, with the FY2025 full-year figure at -$438.2 million, down 72.79% from the prior year.
- Common Equity for Q1 2026 stood at -$337.0 million, up from -$438.2 million in the prior quarter.
- Over the last five years, Common Equity for PHAT reached as high as $38.0 million in Q1 2022 and fell as low as -$438.2 million in Q4 2025.
- Historically, Common Equity has averaged -$176.4 million across 5 years, with a median of -$148.5 million in 2024.
- Across the five-year window, Common Equity surged 351.43% in 2023 and slumped 1428.57% in 2024, its largest moves.
- Year by year, Common Equity stood at -$74.8 million in 2022, then gained by 2.75% to -$72.8 million in 2023, then sank by 248.52% to -$253.6 million in 2024, then tumbled by 72.79% to -$438.2 million in 2025, then advanced by 23.1% to -$337.0 million in 2026.
- Per Business Quant data, the three most recent Common Equity figures were -$337.0 million in Q1 2026, -$438.2 million in Q4 2025, and -$422.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | 251.12 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | -98.34 Mn |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 4.76 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | 32.36 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 19.36 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 31.42 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 795.79 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 1.50 Bn |
| 10 | Phathom Pharmaceuticals | 951.79 Mn | 768.02 Mn | 46.31 Mn | -336.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -336.96 Mn |
| Dec 31, 2025 | -438.17 Mn |
| Sep 30, 2025 | -422.53 Mn |
| Jun 30, 2025 | -405.83 Mn |
| Mar 31, 2025 | -338.38 Mn |
| Dec 31, 2024 | -253.58 Mn |
| Sep 30, 2024 | -187.11 Mn |
| Jun 30, 2024 | -233.83 Mn |
| Mar 31, 2024 | -148.50 Mn |
| Dec 31, 2023 | -72.76 Mn |
| Sep 30, 2023 | -17.77 Mn |
| Jun 30, 2023 | 17.60 Mn |
| Mar 31, 2023 | -90.20 Mn |
| Dec 31, 2022 | -74.81 Mn |
| Sep 30, 2022 | -26.42 Mn |
| Jun 30, 2022 | -7.00 Mn |
| Mar 31, 2022 | 38.04 Mn |
| Dec 31, 2021 | 72.16 Mn |
| Sep 30, 2021 | 103.48 Mn |
| Jun 30, 2021 | 132.13 Mn |