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

Phathom Pharmaceuticals' (PHAT) quarterly Retained Earnings came in at -$1.5 billion in Q1 2026, down 11.59% year-on-year from -$1.7 billion in Q1 2025, and down 2.05% on a QoQ basis from -$1.5 billion in Q4 2025.

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

Phathom Pharmaceuticals (PHAT) has 9 years of Retained Earnings data on file, last reported at -$1.5 billion in Q1 2026.

  • On a quarterly basis, Retained Earnings fell 11.59% year-over-year to -$1.5 billion in Q1 2026; TTM through Mar 2026 was -$1.5 billion, a 11.59% decrease from a year earlier, with the FY2025 full-year figure at -$1.5 billion, down 17.52% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$1.5 billion, down from -$1.5 billion in the prior quarter.
  • Over the last five years, Retained Earnings for PHAT reached as high as -$570.0 million in Q1 2022 and fell as low as -$1.5 billion in Q1 2026.
  • Historically, Retained Earnings has averaged -$1.0 billion across 5 years, with a median of -$1.0 billion in 2024.
  • Across the five-year window, Retained Earnings tumbled 39.98% in 2024 and retreated 11.59% in 2026, its largest moves.
  • Year by year, Retained Earnings stood at -$727.1 million in 2022, then fell by 27.73% to -$928.7 million in 2023, then sank by 36.0% to -$1.3 billion in 2024, then slipped by 17.52% to -$1.5 billion in 2025, then dropped by 2.05% to -$1.5 billion in 2026.
  • Per Business Quant data, the three most recent Retained Earnings figures were -$1.5 billion in Q1 2026, -$1.5 billion in Q4 2025, and -$1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -527.87 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -27.89 Mn
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -279.01 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.91 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 14.59 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 11.90 Mn
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 - -622,000.00
10 Phathom Pharmaceuticals 945.22 Mn 761.46 Mn 46.31 Mn -1.51 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -456.88 Mn