earnings
confidence high
sentiment positive
materiality 0.75
Phathom Pharma Q1 net rev $58.3M (+104% YoY); maintains FY 2026 op profitability guidance
Phathom Pharmaceuticals, Inc.
2026-Q1 EPS reported
-$0.37
revenue$58,301,000
- Q1 net revenues $58.3M vs $28.5M YoY; net loss $30.4M vs $94.3M YoY.
- Non-GAAP operating expenses $56.2M, down ~43% YoY; cash and equivalents $180.9M.
- ~1.35M total VOQUEZNA prescriptions filled to date; Q1 covered prescriptions up 91% YoY.
- FY 2026 guidance: net rev $320-345M, non-GAAP op ex $235-255M; op profitability expected Q3 2026.
- EoE phase 2 trial (pHalcon-EoE-201) topline results expected late Q4 2026/early Q1 2027.