Phathom Pharmaceuticals (PHAT) Enterprise Value (2018 - 2026)
Phathom Pharmaceuticals' (PHAT) quarterly Enterprise Value came in at -$183.8 million in Q1 2026, up 14.6% year-on-year from -$160.4 million in Q1 2025, and down 38.34% on a QoQ basis from -$132.8 million in Q4 2025.
Phathom Pharmaceuticals (PHAT) Enterprise Value (2018 - 2026) Analysis & Trends
Phathom Pharmaceuticals (PHAT) has 9 years of Enterprise Value data on file, last reported at -$183.8 million in Q1 2026.
- On a quarterly basis, Enterprise Value rose 14.6% year-over-year to -$183.8 million in Q1 2026; TTM through Mar 2026 was -$183.8 million, a 14.6% increase from a year earlier, with the FY2025 full-year figure at -$132.8 million, up 55.74% from the prior year.
- Enterprise Value for Q1 2026 stood at -$183.8 million, down from -$132.8 million in the prior quarter.
- Over the last five years, Enterprise Value for PHAT reached as high as -$130.1 million in Q1 2023 and fell as low as -$384.3 million in Q4 2023.
- Historically, Enterprise Value has averaged -$220.1 million across 5 years, with a median of -$207.9 million in 2022.
- Across the five-year window, Enterprise Value plunged 149.92% in 2024 and jumped 59.11% in 2025, its largest moves.
- Year by year, Enterprise Value stood at -$155.9 million in 2022, then slumped by 146.49% to -$384.3 million in 2023, then rose by 21.89% to -$300.1 million in 2024, then surged by 55.74% to -$132.8 million in 2025, then slumped by 38.34% to -$183.8 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$183.8 million in Q1 2026, -$132.8 million in Q4 2025, and -$138.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -283.54 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | -61.40 Mn |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -2.83 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | -4.79 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | -7.25 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | -8.75 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | - |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -1.91 Bn |
| 10 | Phathom Pharmaceuticals | 945.22 Mn | 761.46 Mn | 46.31 Mn | -183.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -183.77 Mn |
| Dec 31, 2025 | -132.83 Mn |
| Sep 30, 2025 | -138.02 Mn |
| Jun 30, 2025 | -149.57 Mn |
| Mar 31, 2025 | -215.18 Mn |
| Dec 31, 2024 | -300.13 Mn |
| Sep 30, 2024 | -337.54 Mn |
| Jun 30, 2024 | -279.10 Mn |
| Mar 31, 2024 | -325.10 Mn |
| Dec 31, 2023 | -384.26 Mn |
| Sep 30, 2023 | -216.54 Mn |
| Jun 30, 2023 | -249.38 Mn |
| Mar 31, 2023 | -130.08 Mn |
| Dec 31, 2022 | -155.89 Mn |
| Sep 30, 2022 | -197.34 Mn |
| Jun 30, 2022 | -207.90 Mn |
| Mar 31, 2022 | -138.60 Mn |
| Dec 31, 2021 | -183.42 Mn |
| Sep 30, 2021 | -224.62 Mn |
| Jun 30, 2021 | -209.67 Mn |