Phathom Pharmaceuticals, Inc. (PHAT)
About Phathom Pharmaceuticals, Inc.
Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small-molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection.
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Financial summary
- Revenue FY2025
- $175.1M
- Net income
- -$221.2M
- Total assets
- $259.1M
- Market cap
- $807.9M
- Gross margin
- 87.1%
- Operating margin
- -91.4%
- Net margin
- -126.3%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $175.1M
- Cost of revenue
- $22.6M
- Gross profit
- $152.5M
- Operating expenses
- $312.5M
- Operating income
- -$160.0M
- Income tax
- $0
- Net income
- -$221.2M
- EPS (basic)
- $-3.03
- EPS (diluted)
- $-3.03
Balance sheet
- Total assets
- $259.1M
- Current assets
- $229.0M
- Total liabilities
- $697.3M
- Current liabilities
- $132.0M
- Shareholders’ equity
- -$438.2M
Cash flow
- Operating cash flow
- -$166.8M
- Investing cash flow
- -$229.0K
- Financing cash flow
- -$288.0K
- Net cash flow
- -$167.3M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $807.9M
- EPS (diluted)
- $-3.03
- Shares outstanding
- 70.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 25, 2019
Phathom Pharmaceuticals, Inc. (PHAT) Stock Price
- Reported a net loss of $221.2M in FY2025.
- Gross margin of 87.1%, net margin -126.3%.
- Trading 37% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Phathom Pharmaceuticals, Inc.
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Phathom Pharmaceuticals, Inc.: frequently asked questions
Is Phathom Pharmaceuticals, Inc. an American company?
Phathom Pharmaceuticals, Inc. is a US-based company headquartered in Florham Park, New Jersey, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Phathom Pharmaceuticals, Inc. headquartered?
Phathom Pharmaceuticals, Inc. is headquartered in Florham Park, New Jersey, United States.
Is Phathom Pharmaceuticals, Inc. publicly traded?
Yes — Phathom Pharmaceuticals, Inc. is a publicly traded company. Its stock trades under the ticker symbol PHAT on the NASDAQ.
What does Phathom Pharmaceuticals, Inc. do?
Phathom Pharmaceuticals, Inc. is an American Pharmaceuticals company in the Health & Beauty sector.
