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Phathom Pharmaceuticals Q3 Revenue Climbs 71.1% to $84.7 Million
Non-GAAP earnings per share were $0.04, beating estimates by $0.01, while revenue missed by $120,000. Phathom reaffirmed its 2026 net revenue outlook of $310 million to $325 million.

Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) posted third-quarter revenue of $84.7 million, up 71.1% year over year, and reaffirmed its 2026 outlook after non-GAAP earnings per share beat estimates.
Revenue was $120,000 below estimates. Non-GAAP earnings per share were $0.04, topping estimates by $0.01.
Phathom reaffirmed its 2026 net revenue outlook of $310 million to $325 million. Cash and cash equivalents totaled $184.6 million as of Sept. 30, 2026.