Phathom Pharmaceuticals (PHAT) EBT (2018 - 2026)

Phathom Pharmaceuticals' (PHAT) quarterly EBT came in at -$48.0 million in Q1 2026, up 49.13% year-on-year from -$32.2 million in Q1 2025, and down 126.89% on a QoQ basis from -$21.1 million in Q4 2025.

Phathom Pharmaceuticals (PHAT) EBT (2018 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 9 years of EBT data on file, last reported at -$48.0 million in Q1 2026.

  • On a quarterly basis, EBT rose 49.13% year-over-year to -$48.0 million in Q1 2026; TTM through Mar 2026 was -$207.7 million, a 45.18% increase from a year earlier, with the FY2025 full-year figure at -$233.5 million, up 54.9% from the prior year.
  • EBT for Q1 2026 stood at -$48.0 million, down from -$21.1 million in the prior quarter.
  • Over the last five years, EBT for PHAT reached as high as -$21.1 million in Q4 2025 and fell as low as -$118.7 million in Q3 2024.
  • Historically, EBT has averaged -$64.0 million across 5 years, with a median of -$51.1 million in 2022.
  • Across the five-year window, EBT plunged 175.73% in 2024 and soared 71.62% in 2025, its largest moves.
  • Year by year, EBT stood at -$49.2 million in 2022, then tumbled by 103.99% to -$100.3 million in 2023, then rose by 25.7% to -$74.5 million in 2024, then surged by 71.62% to -$21.1 million in 2025, then plunged by 126.89% to -$48.0 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were -$48.0 million in Q1 2026, -$21.1 million in Q4 2025, and -$55.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -36.97 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.31 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 259.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.25 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 831.20 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -26.94 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 438.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -453.82 Mn
10 Phathom Pharmaceuticals 945.22 Mn 761.46 Mn 46.31 Mn -47.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -47.97 Mn
Dec 31, 2025 -21.14 Mn
Sep 30, 2025 -55.21 Mn
Jun 30, 2025 -83.42 Mn
Mar 31, 2025 -94.29 Mn
Dec 31, 2024 -74.50 Mn
Sep 30, 2024 -118.69 Mn
Jun 30, 2024 -91.44 Mn
Mar 31, 2024 -82.81 Mn
Dec 31, 2023 -100.27 Mn
Sep 30, 2023 -43.05 Mn
Jun 30, 2023 -46.29 Mn
Mar 31, 2023 -37.83 Mn
Dec 31, 2022 -49.16 Mn
Sep 30, 2022 -51.08 Mn
Jun 30, 2022 -50.92 Mn
Mar 31, 2022 -40.70 Mn
Dec 31, 2021 -36.91 Mn
Sep 30, 2021 -63.72 Mn
Jun 30, 2021 -69.91 Mn