Phathom Pharmaceuticals (PHAT) Total Non-Current Liabilities (2018 - 2026)
Phathom Pharmaceuticals (PHAT) posted quarterly Total Non-Current Liabilities of $667.8 million for Q2 2026, up 3.61% year-over-year from $644.6 million in Q2 2025, and up 4.58% quarter-over-quarter from $638.6 million in Q1 2026.
Analysis
Phathom Pharmaceuticals (PHAT) Total Non-Current Liabilities (2018 - 2026) Analysis & Trends
Phathom Pharmaceuticals (PHAT) has reported Total Non-Current Liabilities for 9 consecutive years, with $667.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Non-Current Liabilities rose 3.61% year-over-year to $667.8 million; the TTM figure through Jun 2026 stood at $667.8 million (up 3.61% YoY), while the FY2025 annual figure was $693.3 million, up 11.75% from the prior year.
- Total Non-Current Liabilities advanced to $667.8 million in Q2 2026 per PHAT's latest filing, from $638.6 million in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $693.3 million in Q4 2025 and bottomed at $103.5 million in Q1 2022.
- Historically, Total Non-Current Liabilities has averaged $449.9 million across 5 years, with a median of $519.0 million in 2024.
- Annual changes were most pronounced in 2022 — Total Non-Current Liabilities jumped 171.94% — and 2026, when it increased 2.82%.
- Phathom Pharmaceuticals' Total Non-Current Liabilities stood at $232.1 million in 2022, then soared by 105.45% to $476.9 million in 2023, then jumped by 30.09% to $620.4 million in 2024, then increased by 11.75% to $693.3 million in 2025, then slipped by 3.67% to $667.8 million in 2026.
- Business Quant data shows PHAT's Total Non-Current Liabilities at $667.8 million in Q2 2026, $638.6 million in Q1 2026, and $693.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 5.92 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 7.74 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 40.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 3.92 Bn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 1.53 Bn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.88 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 4.20 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 9.32 Bn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 1.17 Bn |
| 10 | Phathom Pharmaceuticals | 796.85 Mn | 611.51 Mn | 59.18 Mn | 667.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 667.85 Mn |
| Mar 31, 2026 | 638.58 Mn |
| Dec 31, 2025 | 693.32 Mn |
| Sep 30, 2025 | 651.32 Mn |
| Jun 30, 2025 | 644.55 Mn |
| Mar 31, 2025 | 621.08 Mn |
| Dec 31, 2024 | 620.40 Mn |
| Sep 30, 2024 | 563.41 Mn |
| Jun 30, 2024 | 542.76 Mn |
| Mar 31, 2024 | 495.30 Mn |
| Dec 31, 2023 | 476.90 Mn |
| Sep 30, 2023 | 247.27 Mn |
| Jun 30, 2023 | 239.94 Mn |
| Mar 31, 2023 | 226.71 Mn |
| Dec 31, 2022 | 232.12 Mn |
| Sep 30, 2022 | 220.85 Mn |
| Jun 30, 2022 | 213.00 Mn |
| Mar 31, 2022 | 103.51 Mn |
| Dec 31, 2021 | 109.78 Mn |
| Sep 30, 2021 | 117.40 Mn |