PHAT · Phathom Pharmaceuticals, Inc.

NASDAQ NMS - GLOBAL MARKET - Real Time Price • USD

Phathom Pharmaceuticals Inc (PHAT)

NASDAQ NMS - GLOBAL MARKET Pharmaceuticals
Move probability → Options chain →
$5.72 -1.29 (-18.34%)
● At close: October 23 at 4:00:00 PM EDT
DAY'S RANGE $5.72
$5.04 $6.70
52-WEEK RANGE $5.72
$6.52 $18.31

What's happening

Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.

Key Statistics

Market Cap$464.4M
P/E (TTM1)—
EPS2 (TTM)$-1.27
Div Yield—
Beta30.58
Volume380,552
Open6.70
Prev Close7.00
Bid / Ask4.92 / 6.70
Next Earnings 2026-10-29 (before market open)

Analyst Recommendations

Strong buy 6 Buy 9 Hold 3 Sell 0 Strong sell 0

Aggregate ratings for 2026-10-01 (18 analysts polled by Finnhub) — consensus count.

Performance Overview (Trailing returns vs S&P 500 benchmark)

YTD RETURN
PHAT -57.75%
vs S&P 500 -69.78%
1-YEAR RETURN
PHAT -47.92%
vs S&P 500 -62.32%
6-MONTH RETURN
PHAT -47.96%
3-MONTH RETURN
PHAT -39.57%

Valuation Measures & Ratios

Enterprise Value4$831.4M
Forward P/E526.91
PEG Ratio6—
Price / Sales (TTM1)1.94
Price / Book744.50
EV4 / Revenue3.47
EV4 / EBITDA—
Profit Margin-41.34%
Operating Margin-17.30%
Return on Equity (ROE8)-232.78%
Return on Assets (ROA9)-35.02%
Avg Volume (3M)1,309,880
Quarterly history (5 periods)
Measure Jun '26Mar '26Sep '25Jun '25Mar '25
Market cap $907.6M $913.5M $859.7M $691.7M $452.1M
P/E -5.90 -3.96 -3.01 -1.99 -1.28
Price/Sales 4.10 5.20 6.42 7.54 8.36
Price/Book -2.64 -2.71 -2.03 -1.70 -1.34
EV/Revenue 4.02 5.10 6.96 8.15 8.19
EV/EBITDA -9.46 -5.31 -4.16 — —
ROE 44.65% 68.40% 67.61% 85.54% 104.67%
ROA -47.00% -75.53% -118.89% -138.74% -120.39%

Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).

Glossary — what these abbreviations mean
1. TTM
Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
2. EPS
Earnings per share — net income divided by diluted shares outstanding.
3. Beta
A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
4. EV (Enterprise Value)
Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
5. Forward P/E
Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
6. PEG Ratio
P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
7. Price / Book
Share price divided by book value (assets minus liabilities) per share.
8. ROE
Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
9. ROA
Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
10. MRQ
Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
11. YoY
Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.

Short Interest

Shares Short10,109,151
Change from Prior Settlement-0.47%
% of Float—
Days to Cover (Short Ratio)7.36

Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.

Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.

Price history

Events

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Technical signal summary

Calculating from the latest year of daily price history…

Calculating…
Show Technical Analysis Breakdown ▾ 10 Indicators

Not investment advice — read several signals together.

Indicators None active

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Starter sets
Trend
Oscillators
Volume/volatility
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History limited by data provider; markers are heuristics, not signals.

Peer and sector context

No reviewed peer group is available for this symbol.

Balanced evidence

A deterministic summary of sourced facts—not an AI verdict.

Potential strengths

  • Revenue growth is 88.0% on the provider's reported measure. Finnhub fundamentals ↗
  • Latest SEC filing is Form 8-K, filed 2026-10-23; review it for current changes and risks. SEC EDGAR ↗

Potential concerns

Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.

Financials

Income statement

Line item Jun '26Mar '26Sep '25Jun '25Mar '25Sep '24Jun '24Mar '24
Revenue $74.3M $58.3M $49.5M $39.5M $28.5M $16.4M $7.3M $1.9M
Gross profit $59.2M $46.3M $43.3M $34.5M $24.8M $14.0M $5.9M $1.5M
Operating income -$4.0M -$15.5M -$15.3M -$59.9M -$78.9M -$70.8M -$77.3M -$70.0M
Net income -$17.6M -$30.4M -$30.0M -$75.8M -$94.3M -$85.6M -$91.4M -$82.9M
EPS (diluted) $-0.21 $-0.37 $-0.41 $-1.05 $-1.31 $-1.32 $-1.56 $-1.42
EPS (basic) $-0.21 $-0.37 $-0.41 $-1.05 $-1.31 $-1.32 $-1.56 $-1.42

Balance sheet

Line item Jun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24
Total assets $327.1M $305.1M $259.1M $240.3M $250.2M $294.2M $378.3M $387.0M
Total liabilities $671.3M $642.1M $697.3M $662.8M $656.1M $632.6M $631.9M $574.2M
Stockholders' equity -$344.3M -$337.0M -$438.2M -$422.5M -$405.8M -$338.4M -$253.6M -$187.1M
Total current assets $295.9M $276.6M $229.0M $207.8M $218.9M $264.9M $360.1M $373.8M
Total current liabilities $153.8M $125.0M $132.0M $93.1M $91.8M $74.0M $85.7M $65.3M
Cash & equivalents $182.5M $180.9M $130.0M $135.2M $149.6M $212.3M $297.3M $334.7M

Cash flow

Line item Jun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24
Operating cash flow -$1.9M -$15.6M -$5.0M -$14.1M -$62.7M -$84.9M -$63.5M -$63.6M
Investing cash flow -$44.0K -$61.0K -$87.0K -$27.0K -$97.0K -$18.0K -$5.0K -$44.0K
Financing cash flow $3.6M $66.6M -$97.0K -$271.0K $80.0K $0 $26.0M $122.1M
Free cash flow -$2.0M -$15.7M -$5.1M -$14.1M -$62.8M -$84.9M -$63.5M -$63.6M
Capital expenditures $44.0K $61.0K $87.0K $27.0K $97.0K $18.0K $5.0K $44.0K
Depreciation & amortization $114.0K $110.0K $128.0K $156.0K $172.0K $177.0K $193.0K $191.0K

Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.

Institutional holders

SEC Form 13F filers holding PHAT as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.

Institutional ownership is not available for this symbol right now.

Insider activity

Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.

Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-12-17 to 2026-10-06

Recent transactions

  • Most recent: Narula Sanjeev (Chief Financial & Bus. Officer) — Tax withholding of 13,485 shares on 2026-10-06.

Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.

Insider purchases & sales, last 6 months

Purchases (open market)0 sh(0 txns)
Sales (open market)0 sh(0 txns)
Net Shares+0

Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.

Insider roster

NameTitleMost Recent TransactionDateShares
Narula SanjeevChief Financial & Bus. OfficerTax withholding2026-10-0613,485
Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding2026-09-03460
Parikh AsitReporting personGift2026-05-2228,000
Topper James NReporting personGrant / award2026-05-1924,122
Stenhouse MarkReporting personGrant / award2026-05-1924,122
FIELDS HEIDIReporting personGrant / award2026-05-1924,122
COLA MICHAEL FReporting personGrant / award2026-05-1924,122
KARBE FRANKReporting personGrant / award2026-05-1924,122
Schroeder Theodore RReporting personGrant / award2026-05-1924,122
Cook Anne MarieChief Legal Off. & Corp. Sec.Grant / award2026-02-103,461
Basta Steven LPresident and CEOGrant / award2026-02-1012,362

Recent transactions

DateInsiderTitleTransactionSharesPrice
2026-10-06Narula SanjeevChief Financial & Bus. OfficerTax withholding 13,485$6.78
2026-09-03Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 460$9.05
2026-07-14Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 1,555$11.04
2026-05-22Parikh AsitReporting personGift 28,000$0.00
2026-05-22Parikh AsitReporting personGift 28,000$0.00
2026-05-20Parikh AsitReporting personOption exercise 17,500$4.95
2026-05-19Parikh AsitReporting personGrant / award 24,122$0.00
2026-05-19Topper James NReporting personGrant / award 24,122$0.00
2026-05-19Stenhouse MarkReporting personGrant / award 24,122$0.00
2026-05-19FIELDS HEIDIReporting personGrant / award 24,122$0.00
2026-05-19COLA MICHAEL FReporting personGrant / award 24,122$0.00
2026-05-19KARBE FRANKReporting personGrant / award 24,122$0.00
2026-05-19Schroeder Theodore RReporting personGrant / award 24,122$0.00
2026-03-10Parikh AsitReporting personGift 40,000$0.00
2026-03-10Parikh AsitReporting personGift 40,000$0.00
2026-02-27Breedlove Robert CharlesPrincipal Accounting OfficerGrant / award 13,000$0.00
2026-02-27Breedlove Robert CharlesPrincipal Accounting OfficerGrant / award 2,790$0.00
2026-02-27Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 964$12.56
2026-02-27Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 414$12.56
2026-02-10Cook Anne MarieChief Legal Off. & Corp. Sec.Grant / award 3,461$0.00
2026-02-10Cook Anne MarieChief Legal Off. & Corp. Sec.Tax withholding 1,535$12.82
2026-02-10Basta Steven LPresident and CEOGrant / award 12,362$0.00
2026-02-10Basta Steven LPresident and CEOTax withholding 6,277$12.82
2026-01-23Parikh AsitReporting personGift 80,500$0.00
2026-01-23Parikh AsitReporting personGift 80,500$0.00
2026-01-21Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 776$13.61
2026-01-13Parikh AsitReporting personOption exercise 8,750$10.30
2026-01-02Basta Steven LPresident and CEOGrant / award 251,034$0.00
2026-01-02Cook Anne MarieChief Legal Off. & Corp. Sec.Grant / award 75,345$0.00
2026-01-02Narula SanjeevChief Financial & Bus. OfficerGrant / award 82,715$0.00
2025-12-19Parikh AsitReporting personOption exercise 8,750$10.30
2025-12-18Breedlove Robert CharlesPrincipal Accounting OfficerTax withholding 230$16.28
2025-12-17Cook Anne MarieChief Legal Off. & Corp. Sec.Grant / award 17,370$0.00
2025-12-17Cook Anne MarieChief Legal Off. & Corp. Sec.Tax withholding 7,703$15.36
2025-12-17Basta Steven LPresident and CEOGrant / award 62,038$0.00
2025-12-17Basta Steven LPresident and CEOTax withholding 31,502$15.36

Recent SEC filings

Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.

Source: SEC EDGAR submissions · updated 2026-10-24 13:10 UTC

FiledFormReport periodOfficial filing
2026-10-238-K2026-10-23 View on SEC.gov →
2026-10-0842026-10-06 View on SEC.gov →
2026-09-298-K2026-09-29 View on SEC.gov →
2026-09-0842026-09-03 View on SEC.gov →
2026-07-3010-Q2026-06-30 View on SEC.gov →
2026-07-308-K2026-07-30 View on SEC.gov →
2026-07-1642026-07-14 View on SEC.gov →
2026-06-238-K2026-06-23 View on SEC.gov →
2026-05-2742026-05-22 View on SEC.gov →
2026-05-2142026-05-19 View on SEC.gov →
2026-05-2142026-05-19 View on SEC.gov →
2026-05-2142026-05-19 View on SEC.gov →

Headlines about PHAT (Phathom Pharmaceuticals, Inc.). Links open the publisher — we don’t host full articles.

SEC filings ↓

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