PHAT (Phathom Pharmaceuticals) Beginning Cash Position: $183.8 Mil (As of Jun. 2026)

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PHAT Phathom Pharmaceuticals Inc PHAT
38 GF Score
Price $9.58
GF Value $24.88
Valuation Possible Value Trap
! 2 Warning Signs
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What is Phathom Pharmaceuticals Beginning Cash Position?

Phathom Pharmaceuticals PHAT +4.41% 38 Beginning Cash Position is $183.8 Mil as of Jun. 2026. GuruFocus rates PHAT with a GF Score™ of 38/100 and a GF Value™ of $24.88 (Possible Value Trap). The stock has 2 warning signs investors should review.

Phathom Pharmaceuticals's Beginning Cash Position for the quarter that ended in Jun. 2026 was $183.8 Mil.

Phathom Pharmaceuticals's quarterly Beginning Cash Position declined from Dec. 2025 ($138.0 Mil) to Mar. 2026 ($132.8 Mil) but then increased from Mar. 2026 ($132.8 Mil) to Jun. 2026 ($183.8 Mil).

Phathom Pharmaceuticals's annual Beginning Cash Position increased from Dec. 2023 ($155.9 Mil) to Dec. 2024 ($384.3 Mil) but then declined from Dec. 2024 ($384.3 Mil) to Dec. 2025 ($300.1 Mil).

Phathom Pharmaceuticals Beginning Cash Position Related Terms

Phathom Pharmaceuticals Beginning Cash Position Historical Data

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The historical data trend for Phathom Pharmaceuticals's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phathom Pharmaceuticals Beginning Cash Position Chart

Phathom Pharmaceuticals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 287.50 183.42 155.89 384.26 300.13

Phathom Pharmaceuticals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 215.18 152.43 138.02 132.83 183.77
PHAT
38GF Score
Phathom Pharmaceuticals Inc PHAT
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Phathom Pharmaceuticals Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $183.8 Mil mean?
Phathom Pharmaceuticals (PHAT) has a Beginning Cash Position of $183.8 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Phathom Pharmaceuticals and its competitors.
Is Phathom Pharmaceuticals' Beginning Cash Position too high?
Phathom Pharmaceuticals' current Beginning Cash Position is $183.8 Mil. Overall, Phathom Pharmaceuticals has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Phathom Pharmaceuticals' Beginning Cash Position compare to GERN and KURA?
Phathom Pharmaceuticals' Beginning Cash Position of $183.8 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Biotechnology company?
A good Beginning Cash Position depends on the Biotechnology industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Phathom Pharmaceuticals and its competitors. Phathom Pharmaceuticals's current Beginning Cash Position is $183.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phathom Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Phathom Pharmaceuticals (PHAT) is currently considered Possible Value Trap. The stock's GF Value™ is $24.88, compared to a current price of $9.58 — trading 61.5% below its estimated fair value. The current Beginning Cash Position is $183.8 Mil. Phathom Pharmaceuticals' overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Phathom Pharmaceuticals (PHAT), the current Beginning Cash Position is $183.8 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Phathom Pharmaceuticals (PHAT) Overvalued in 2026?

Based on GuruFocus' analysis, Phathom Pharmaceuticals stock appears to be undervalued. The current stock price of $9.58 is trading 61.5% below its estimated GF Value™ of $24.88. GuruFocus considers Phathom Pharmaceuticals to be Possible Value Trap.

Key valuation signals for PHAT:

  • Beginning Cash Position: $183.8 Mil
  • GF Value™: $24.88 vs. price of $9.58 (61.5% below fair value)
  • GF Score™: 38/100 with 2 warning signs

No single metric tells the full story. See the PHAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Phathom Pharmaceuticals Business Description

Address 100 Campus Drive, Suite 102, Florham Park, NJ, USA, 07932
Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small-molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection.
38GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.58
Price
$24.88
GF Value