Quick answer
Phathom Pharmaceuticals, Inc. (PHAT) reported revenue of $175.1M and net loss of $221.2M for the fiscal year ended 2025-12-31, up 216.9% from $55.3M the year before, per its 10-K filed with the SEC on 2026-02-26. Long-term debt stood at $209.1M.
Data as of 2025-12-31. Source: SEC EDGAR XBRL company facts (10-K/10-Q filings)
| Fiscal year | Revenue | Net income | Long-term debt |
|---|---|---|---|
| 2025 (FY ending 2025-12-31) | $175.1M | -$221.2M | $209.1M |
| 2024 (FY ending 2024-12-31) | $55.3M | -$334.3M | $201.4M |
| 2023 (FY ending 2023-12-31) | $0.7M | -$201.6M | $137.8M |
| 2022 (FY ending 2022-12-31) | $0.0M | -$197.7M | $95.3M |
| 2021 (FY ending 2021-12-31) | — | -$143.9M | $89.7M |
| 2020 (FY ending 2020-12-31) | — | -$129.1M | $47.0M |
| 2019 (FY ending 2019-12-31) | — | -$255.1M | $22.8M |
| 2018 (FY ending 2018-12-31) | — | -$1.3M | — |
Frequently asked questions
What is Phathom Pharmaceuticals, Inc.'s annual revenue?
Phathom Pharmaceuticals, Inc. (PHAT) reported revenue of $175.1M and net loss of $221.2M for the fiscal year ended 2025-12-31, up 216.9% from $55.3M the year before, per its 10-K filed with the SEC on 2026-02-26. Long-term debt stood at $209.1M.
What is PHAT's profit margin?
Phathom Pharmaceuticals, Inc.'s net margin was -126.3% in the fiscal year ended 2025-12-31.
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Last updated Oct 23, 2026, 7:21 AM ET. Data only, not financial or tax advice.
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