Phathom Pharmaceuticals, Inc. Net Income

Net Income of PHAT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Net Income growth rates and interactive chart. Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is the profit available to all shareholders, both preferred and common.

Highlights and Quick Summary

  • Net Income for the quarter ending September 29, 2021 was $-36.7 Million (a 0.3% increase compared to previous quarter)
  • Year-over-year quarterly Net Income decreased by -31.75%
  • Annual Net Income for 2020 was $-129 Million (a -49.41% decrease from previous year)
  • Annual Net Income for 2019 was $-255 Million (a 19708.31% increase from previous year)
  • Twelve month Net Income ending September 29, 2021 was $-162 Million (a 1.61% increase compared to previous quarter)
  • Twelve month trailing Net Income increased by 25.34% year-over-year
Trailing Net Income for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$-162 Million $-159 Million $-144 Million $-129 Million
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Historical Net Income of Phathom Pharmaceuticals, Inc.

Most recent Net Incomeof PHAT including historical data for past 10 years.

Interactive Chart of Net Income of Phathom Pharmaceuticals, Inc.

Phathom Pharmaceuticals, Inc. Net Income for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-36.66 $-36.55 $-34.84
2020 $-53.72 $-34.11 $-21.1 $-20.14 $-129.07
2019 $-98.01 $-68.11 $-87.76 $-1.25 $-255.13
2018 $-0.48 $-0.8 $-1.29

Business Profile of Phathom Pharmaceuticals, Inc.

Sector: Healthcare
Industry: Biotechnology
Phathom Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada to vonoprazan, a potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach. It is also developing vonoprazan, which is in Phase III clinical trials for the treatment of erosive gastroesophageal reflux disease; and in combination with antibiotics for the treatment of Helicobacter pylori infection. The company was incorporated in 2018 and is headquartered in Florham Park, New Jersey.