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Phathom Pharmaceuticals Reports Second Quarter 2026 Financial Results and Provides Business Update

$PHATPress releaseJul 30, 2026, 6:59 AM ETRead the release

Phathom Pharmaceuticals reported Q2 2026 net revenue of $74.3 million, an 88% increase year-over-year, driven by approximately 325,000 VOQUEZNA prescriptions filled during the quarter. The company achieved operating profitability excluding stock-based compensation for the first time, with operating expenses decreasing 33% year-over-year to $63.1 million.

Key figures

Revenue
74300000
Guidance
FY2026 Net Revenue $310-325 million (updated from $320-345 million); Non-GAAP OpEx $235-245 million
Revenue Yoy
88%
Gaap net loss
17600000
Operating expenses
63100000
Cash and equivalents
182500000
Prescriptions filled q2
325000
Covered prescriptions q2
209000
Prescriptions filled total
1700000
Operating expenses yoy change
-33%

AI analysis

Red flags2 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    PHAT: Phathom Pharmaceuticals Reports Second Quarter 2026 Financial Results and Provides Business Update — AI Analysis | Signal8