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
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