What is Phathom Pharmaceuticals, Inc.'s inventories?

Phathom Pharmaceuticals, Inc. (PHAT) reported inventories of $19.08M in Q1 2026.

How has Phathom Pharmaceuticals, Inc.'s inventories changed year-over-year?

Phathom Pharmaceuticals, Inc.'s inventories decreased by 17.1% year-over-year, from $23.01M to $19.08M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Phathom Pharmaceuticals, Inc. PHAT Inventories

Inventories at other companies

Opko HealthOPK

$64.4M+0.6%

Zevra Therapeutics, Inc.ZVRA

$0-100%

AMP

Amphastar PharmaceuticalsAMPH

$170.19M-8.2%

HRO

HarrowHROW

$16.5M+53.9%

PrecigenPGEN

$14.73M—

Agios PharmaceuticalsAGIO

$35.09M+18.5%

Other financials

Income statement

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Revenue$58.3M+104%

Gross profit$46.3M+86.8%

Operating income-$15.5M+80.4%

Net income-$30.4M+67.8%

EPS (diluted)-$0.37+71.8%

Balance sheet

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Cash & equivalents$180.9M-14.8%

Total debt$166.3M-18.3%

Total equity-$337.0M+0.4%

Total assets$305.1M+3.7%

Cash flow

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Operating cash flow-$15.6M+81.6%

CapEx$61.0K+239%

Free cash flow-$15.7M+81.5%

Valuation

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Market cap$846.21M+13.4%

Enterprise value$831.61M+12.7%

P/S4.1×-5.0×

Profitability

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Gross margin84.9%-1.3pp

Operating margin-47.1%-21.9pp

Net margin-76.8%-34.5pp

FCF margin-47.7%-22.1pp

Returns & leverage

See full

Return on equity-147.9%—

Debt / equity5.6×—

Current ratio2.2×-1.4×

Where this comes from

Reported directly by Phathom Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InventoryNoncurrent.

The official record: Phathom Pharmaceuticals, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phathom Pharmaceuticals, Inc.'s inventories?: Phathom Pharmaceuticals, Inc. (PHAT) reported inventories of $19.08M in Q1 2026.
How has Phathom Pharmaceuticals, Inc.'s inventories changed year-over-year?: Phathom Pharmaceuticals, Inc.'s inventories decreased by 17.1% year-over-year, from $23.01M to $19.08M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.