Phathom Pharmaceuticals (PHAT) EBITDA Margin (2023 - 2026)

Phathom Pharmaceuticals' (PHAT) quarterly EBITDA Margin came in at 26.55% in Q1 2026, up 24998.0% year-on-year from N/an in Q1 2025, and down 157.87% on a QoQ basis from 10.29% in Q4 2025.

Phathom Pharmaceuticals (PHAT) EBITDA Margin (2023 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 4 years of EBITDA Margin data on file, last reported at 26.55% in Q1 2026.

  • On a quarterly basis, EBITDA Margin rose 24998.0% year-over-year to 26.55% in Q1 2026; TTM through Mar 2026 was 47.15%, a 30269.0% increase from a year earlier, with the FY2025 full-year figure at 91.36%, up 41082.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 26.55%, down from 10.29% in the prior quarter.
  • Over the last five years, EBITDA Margin for PHAT reached as high as 10.29% in Q4 2025 and fell as low as 10245.6% in Q4 2023.
  • Historically, EBITDA Margin has averaged 1608.89% across 4 years, with a median of 238.41% in 2024.
  • Across the five-year window, EBITDA Margin soared 1004530 bps in 2024 and surged 19001 bps in 2025, its largest moves.
  • Year by year, EBITDA Margin stood at 10245.6% in 2023, then surged by 98 bps to 200.3% in 2024, then jumped by 95 bps to 10.29% in 2025, then plunged by 158 bps to 26.55% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 26.55% in Q1 2026, 10.29% in Q4 2025, and 30.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 16.51%
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 38.10%
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 17.83%
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 30.35%
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Phathom Pharmaceuticals 945.22 Mn 761.46 Mn 46.31 Mn -26.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 -26.55%
Dec 31, 2025 -10.29%
Sep 30, 2025 -30.85%
Jun 30, 2025 -151.69%
Mar 31, 2025 -276.53%
Dec 31, 2024 -200.30%
Sep 30, 2024 -432.95%
Jun 30, 2024 -1,055.43%
Mar 31, 2024 -3,658.68%
Dec 31, 2023 -10,245.60%