Phathom Pharmaceuticals (PHAT) Net Income (2018 - 2026)
Phathom Pharmaceuticals' (PHAT) quarterly Net Income 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) Net Income (2018 - 2026) Analysis & Trends
Phathom Pharmaceuticals (PHAT) has 9 years of Net Income data on file, last reported at -$48.0 million in Q1 2026.
- On a quarterly basis, Net Income 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.
- Net Income for Q1 2026 stood at -$48.0 million, down from -$21.1 million in the prior quarter.
- Over the last five years, Net Income for PHAT reached as high as -$21.1 million in Q4 2025 and fell as low as -$118.7 million in Q3 2024.
- Historically, Net Income has averaged -$64.0 million across 5 years, with a median of -$51.1 million in 2022.
- Across the five-year window, Net Income plunged 175.73% in 2024 and soared 71.62% in 2025, its largest moves.
- Year by year, Net Income 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 Net Income 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) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -37.09 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 227.36 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.03 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 727.20 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -26.94 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 362.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -453.82 Mn |
| 10 | Phathom Pharmaceuticals | 951.79 Mn | 768.02 Mn | 46.31 Mn | -47.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |