Phathom Pharmaceuticals (PHAT) Common Equity (2018 - 2026)

Phathom Pharmaceuticals (PHAT) reported Common Equity of -$337.0 million for Q1 2026, little changed year-over-year from -$335.5 million in Q1 2025, and up 23.1% quarter-over-quarter 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.

  • Common Equity for Q1 2026 came in at -$337.0 million, changed 0.42% year-over-year; the trailing twelve-month figure through Mar 2026 was -$337.0 million (changed 0.42% YoY), and the FY2025 annual result was -$438.2 million, down 72.79% from the prior year.
  • Common Equity rose to -$337.0 million in Q1 2026 per PHAT's latest filing, from -$438.2 million in the prior quarter.
  • Over five years, Common Equity peaked at $38.0 million in Q1 2022 and troughed at -$438.2 million in Q4 2025.
  • A 5-year average of -$176.4 million and a median of -$148.5 million in 2024 frame the typical range for Common Equity.
  • The sharpest annual moves came in 2023 and 2024: Common Equity jumped 351.43% in 2023, then plunged 1428.57% in 2024.
  • A 5-year view of Common Equity shows it stood at -$74.8 million in 2022, then grew by 2.75% to -$72.8 million in 2023, then plunged by 248.52% to -$253.6 million in 2024, then slumped by 72.79% to -$438.2 million in 2025, then increased by 23.1% to -$337.0 million in 2026.
  • Business Quant data shows PHAT's Common Equity at -$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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 35.63 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.42 Mn
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 - 13.21 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 14.38 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 11.87 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 19.36 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Phathom Pharmaceuticals 895.99 Mn 712.23 Mn 46.31 Mn -336.96 Mn

Historic Data

Download Data
DateValue
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