Phathom Pharmaceuticals Net Tangible Assets

The latest net tangible assets for PHAT is $-340M as of March 2026. That compares with $-340M in the prior-year period — up 0.4% year over year. Investors often review this figure alongside Phathom Pharmaceuticals's historical trend and sector peers before judging valuation or financial health.

Over the past year, PHAT's net tangible assets moved from $-340M to $-340M — a 0.4% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Phathom Pharmaceuticals's operating scale or balance-sheet position.

A net tangible assets figure of $-340M for PHAT is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting PHAT's net tangible assets ($-340M), review year-over-year change from $-340M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Phathom Pharmaceuticals's net tangible assets against similar Healthcare names. You can also browse sector and industry screens on Stockcircle for a broader set of Healthcare companies and their key multiples and fundamentals.