Phathom Pharmaceuticals PHAT
NASDAQ PHAT
$9.50 +0.45 (+4.98%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Phathom Pharmaceuticals (PHAT) posted quarterly Net Margin of 37.69% for Q2 2026, up 17347.0% year-over-year from N/an in Q2 2025, and up 54.19% quarter-over-quarter from 82.28% in Q1 2026.

Analysis

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

Phathom Pharmaceuticals (PHAT) has reported Net Margin for 4 consecutive years, with 37.69% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Net Margin rose 17347.0% year-over-year to 37.69%; the TTM figure through Jun 2026 stood at 63.56% (up 21371.0% YoY), while the FY2025 annual figure was 261.87%, up 67502.0% from the prior year.
  • Net Margin climbed to 37.69% in Q2 2026 per PHAT's latest filing, from 82.28% in the prior quarter.
  • Across five years, Net Margin topped out at 36.72% in Q4 2025 and bottomed at 14060.85% in Q4 2023.
  • Historically, Net Margin has averaged 1931.17% across 4 years, with a median of 211.16% in 2025.
  • Annual changes were most pronounced in 2024 — Net Margin surged 1399416 bps — and 2025, when it jumped 2998 bps.
  • Phathom Pharmaceuticals' Net Margin stood at 14060.85% in 2023, then surged by 100 bps to 66.69% in 2024, then soared by 45 bps to 36.72% in 2025, then retreated by 3 bps to 37.69% in 2026.
  • Business Quant data shows PHAT's Net Margin at 37.69% in Q2 2026, 82.28% in Q1 2026, and 36.72% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 32.99%
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 30.23%
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 31.16%
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -539.31%
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 13.90%
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 12.74%
8 Royalty Pharma 28.45 Bn 27.61 Bn - 12.09%
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -3.12%
10 Phathom Pharmaceuticals 796.85 Mn 611.51 Mn 59.18 Mn -23.64%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -23.64%
Mar 31, 2026 -50.66%
Dec 31, 2025 -36.72%
Sep 30, 2025 -60.53%
Jun 30, 2025 -191.52%
Mar 31, 2025 -330.64%
Dec 31, 2024 -251.15%
Sep 30, 2024 -523.29%
Jun 30, 2024 -1,248.50%
Mar 31, 2024 -4,331.01%
Dec 31, 2023 -11,665.10%