Phathom Pharmaceuticals, Inc.

PHAT Healthcare Biotechnology

Phathom Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $175.1 million, up 216.9% from fiscal 2024.

Revenue
+71.1%
EPS
+60.1%
Free cash flow
+112.2%
Total debt
−20.1%

Quarter to September 2026, against a year earlier

5.23 0.15 +2.95%
Market cap
$413.0M
P/E
0.0×
Fwd P/E
−7.5×
Dividend yield
—
F-score
4/9
Altman Z
−7.89
Beneish M
−1.39
Dividend safety
n/a

Phathom Pharmaceuticals, Inc. (PHAT) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, Phathom Pharmaceuticals, Inc. (PHAT) trades at a EV/Sales of 1.6×. Over the past ten years it has ranged from 0.0× (December 2024) to 9.6× (June 2025); the current reading is higher than 74% of that period. That is below the Biotechnology industry median of 9.0× and below the Healthcare sector median of 3.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 7.4× (4.11%)
FY2024 7.7× —
FY2023 0.0× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 2.2× (40.88%)
Jun 2026 3.8× (14.85%)
Mar 2026 4.4× (40.49%)
Dec 2025 7.4× 15.42%
7 more quarters

Against its own ten years

Low 0.0× High 9.6×
Ten-year median 0.0×
Current reading's percentile 74

EV/Sales against peers

Company EV/Sales
PRTCY PureTech Health PLC Sponsored ADR compare −9.1×
ARVN Arvinas, Inc. compare −0.5×
RLMD Relmada Therapeutics, Inc. compare n/m
CRMD CorMedix Inc compare 0.7×
ASMB Assembly Biosciences, Inc. compare 0.8×
PHAT Phathom Pharmaceuticals, Inc. 1.6×
PRTA Prothena Corporation plc compare 2.6×
GYRE Gyre Therapeutics, Inc. compare 3.5×
OCS Oculis Holding AG compare 176×
Biotechnology industry median 9.0×
Healthcare sector median 3.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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