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

Phathom Pharmaceuticals (PHAT) Retained Earnings (2018 - 2026)

Phathom Pharmaceuticals (PHAT) posted quarterly Retained Earnings of -$1.5 billion for Q2 2026, down 6.91% year-over-year from -$1.6 billion in Q2 2025, and down 1.16% quarter-over-quarter from -$1.5 billion in Q1 2026.

Analysis

Phathom Pharmaceuticals (PHAT) Retained Earnings (2018 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has reported Retained Earnings for 9 consecutive years, with -$1.5 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Retained Earnings fell 6.91% year-over-year to -$1.5 billion; the TTM figure through Jun 2026 stood at -$1.5 billion (down 6.91% YoY), while the FY2025 annual figure was -$1.5 billion, down 17.52% from the prior year.
  • Retained Earnings retreated to -$1.5 billion in Q2 2026 per PHAT's latest filing, from -$1.5 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at -$570.0 million in Q1 2022 and bottomed at -$1.5 billion in Q2 2026.
  • Historically, Retained Earnings has averaged -$1.1 billion across 5 years, with a median of -$1.1 billion in 2024.
  • Annual changes were most pronounced in 2024 — Retained Earnings sank 39.98% — and 2026, when it retreated 6.91%.
  • Phathom Pharmaceuticals' Retained Earnings stood at -$727.1 million in 2022, then dropped by 27.73% to -$928.7 million in 2023, then sank by 36.0% to -$1.3 billion in 2024, then retreated by 17.52% to -$1.5 billion in 2025, then retreated by 3.23% to -$1.5 billion in 2026.
  • Business Quant data shows PHAT's Retained Earnings at -$1.5 billion in Q2 2026, -$1.5 billion in Q1 2026, and -$1.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 15.69 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 37.62 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 558.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 5.10 Bn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -4.00 Bn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 13.05 Bn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn -6.33 Bn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 4.38 Bn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 6.57 Bn
10 Phathom Pharmaceuticals 796.85 Mn 611.51 Mn 59.18 Mn -1.53 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.53 Bn
Mar 31, 2026 -1.51 Bn
Dec 31, 2025 -1.48 Bn
Sep 30, 2025 -1.46 Bn
Jun 30, 2025 -1.43 Bn
Mar 31, 2025 -1.36 Bn
Dec 31, 2024 -1.26 Bn
Sep 30, 2024 -1.19 Bn
Jun 30, 2024 -1.10 Bn
Mar 31, 2024 -1.01 Bn
Dec 31, 2023 -928.69 Mn
Sep 30, 2023 -849.12 Mn
Jun 30, 2023 -805.87 Mn
Mar 31, 2023 -764.91 Mn
Dec 31, 2022 -727.09 Mn
Sep 30, 2022 -672.05 Mn
Jun 30, 2022 -620.96 Mn
Mar 31, 2022 -570.04 Mn
Dec 31, 2021 -529.37 Mn
Sep 30, 2021 -493.54 Mn