Phathom Pharmaceuticals (PHAT) Market Capitalization (2019 - 2026)
Phathom Pharmaceuticals' Market Capitalization was $868.76 million in Q2 2026, up 29.2% from $672.3 million a year earlier but down 1.6% from the prior quarter.
Phathom Pharmaceuticals (PHAT) Market Capitalization (2019 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Phathom Pharmaceuticals came in at $1.18 billion, up 113.0% from FY2024.
- Market Capitalization has now increased for three consecutive years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $556.37 million in FY2024 (+5.1%), $529.27 million in FY2023 (+13.8%), $465.28 million in FY2022 (-22.5%) and $600.16 million in FY2021 (-36.6%).
- Quarterly Market Capitalization has moved between $311.1 million (Q1 2023) and $1.24 billion (Q3 2024) over five years.
- Compared with a year earlier, Market Capitalization has increased for three straight quarters, with growth averaging 38.6% over the last eight quarters.
- The best year-over-year quarter for Market Capitalization over five years was Q2 2023 (growth of 150.4%); the worst was Q2 2022 (a decline of 73.9%).
- Per Business Quant data, PHAT's Market Capitalization in the three quarters before Q2 2026 was $882.6 million (Q1 2026), $1.18 billion (Q4 2025) and $836.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Phathom Pharmaceuticals | 588.51 Mn | -51.44 Mn | 59.18 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 868.76 Mn |
| Mar 31, 2026 | 882.60 Mn |
| Dec 31, 2025 | 1.18 Bn |
| Sep 30, 2025 | 836.18 Mn |
| Jun 30, 2025 | 672.30 Mn |
| Mar 31, 2025 | 436.63 Mn |
| Dec 31, 2024 | 556.37 Mn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 603.59 Mn |
| Mar 31, 2024 | 621.53 Mn |
| Dec 31, 2023 | 529.27 Mn |
| Sep 30, 2023 | 589.11 Mn |
| Jun 30, 2023 | 811.07 Mn |
| Mar 31, 2023 | 311.10 Mn |
| Dec 31, 2022 | 465.28 Mn |
| Sep 30, 2022 | 455.87 Mn |
| Jun 30, 2022 | 323.86 Mn |
| Mar 31, 2022 | 519.22 Mn |
| Dec 31, 2021 | 600.16 Mn |
| Sep 30, 2021 | 964.52 Mn |
Phathom Pharmaceuticals Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=PHAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "PHAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=PHAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();