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Phathom Pharmaceuticals, Inc. (PHAT) Profit Margins

Over the twelve months to 2026-06-30, Phathom Pharmaceuticals, Inc. (PHAT) had gross margin 82.9%, operating margin -17.0%, net margin -41.3%, free cash flow margin -15.4%, according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

PHATPhathom Pharmaceuticals, Inc.Follow PHAT — free
Biotechnology · Healthcare
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Price chart with a free account
Market cap
464.4M
P/E TTM
—
Dividend yield
—
52-week
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Next earnings
29 Oct, in 5 days
LineFY2023
Dec 23
FY2024
Dec 24
FY2025
Dec 25
TTM
Jun 26
Trend
Gross margin75.5%85.6%87.1%82.9%
Operating margin-24532.6%-502.2%-91.4%-17.0%
Net margin-29558.9%-605.1%-126.3%-41.3%
FCF margin-20412.6%-483.1%-95.4%-15.4%

USD millions · SEC XBRL

Phathom Pharmaceuticals, Inc. — questions

What is Phathom Pharmaceuticals, Inc.'s gross margin?
82.9% over the twelve months to 2026-06-30.
What is Phathom Pharmaceuticals, Inc.'s operating margin?
-17.0% over the twelve months to 2026-06-30.
What is Phathom Pharmaceuticals, Inc.'s net profit margin?
-41.3% over the twelve months to 2026-06-30.

Every figure on this page comes from Phathom Pharmaceuticals, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.