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Side-by-side financial comparison of CLPS Inc (CLPS) and Phathom Pharmaceuticals, Inc. (PHAT). Click either name above to swap in a different company.

CLPS Inc is the larger business by last-quarter revenue ($82.8M vs $57.6M, roughly 1.4× Phathom Pharmaceuticals, Inc.).

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

Phathom Pharmaceuticals is a clinical-stage biopharmaceutical firm focused on developing and commercializing innovative therapies for gastrointestinal diseases. Its lead product candidates address acid-related disorders, inflammatory bowel disease, and other GI conditions, serving patients mainly across North America and Europe.

CLPS vs PHAT — Head-to-Head

Bigger by revenue
CLPS
CLPS
1.4× larger
CLPS
$82.8M
$57.6M
PHAT

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
CLPS
CLPS
PHAT
PHAT
Revenue
$82.8M
$57.6M
Net Profit
$183.0K
Gross Margin
23.1%
86.7%
Operating Margin
0.2%
Net Margin
0.2%
Revenue YoY
94.1%
Net Profit YoY
71.6%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLPS
CLPS
PHAT
PHAT
Q2 26
$82.8M
Q4 25
$57.6M
Q3 25
$49.5M
Q2 25
$39.5M
Q1 25
$28.5M
Q4 24
$71.8M
$29.7M
Q3 24
$16.4M
Q2 24
$7.3M
Net Profit
CLPS
CLPS
PHAT
PHAT
Q2 26
$183.0K
Q4 25
Q3 25
$-30.0M
Q2 25
$-75.8M
Q1 25
$-94.3M
Q4 24
$-993.5K
Q3 24
$-85.6M
Q2 24
$-91.4M
Gross Margin
CLPS
CLPS
PHAT
PHAT
Q2 26
23.1%
Q4 25
86.7%
Q3 25
87.5%
Q2 25
87.2%
Q1 25
86.9%
Q4 24
21.9%
87.1%
Q3 24
85.6%
Q2 24
81.2%
Operating Margin
CLPS
CLPS
PHAT
PHAT
Q2 26
0.2%
Q4 25
Q3 25
-30.8%
Q2 25
-151.7%
Q1 25
-276.5%
Q4 24
-1.3%
Q3 24
-433.0%
Q2 24
-1055.4%
Net Margin
CLPS
CLPS
PHAT
PHAT
Q2 26
0.2%
Q4 25
Q3 25
-60.5%
Q2 25
-191.9%
Q1 25
-330.7%
Q4 24
-1.4%
Q3 24
-523.3%
Q2 24
-1248.6%
EPS (diluted)
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
Q3 25
$-0.41
Q2 25
$-1.05
Q1 25
$-1.31
Q4 24
Q3 24
$-1.32
Q2 24
$-1.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLPS
CLPS
PHAT
PHAT
Cash + ST InvestmentsLiquidity on hand
$29.1M
$130.0M
Total DebtLower is stronger
$209.1M
Stockholders' EquityBook value
$57.6M
$-438.2M
Total Assets
$118.1M
$259.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLPS
CLPS
PHAT
PHAT
Q2 26
$29.1M
Q4 25
$130.0M
Q3 25
$135.2M
Q2 25
$149.6M
Q1 25
$212.3M
Q4 24
$31.2M
$297.3M
Q3 24
$334.7M
Q2 24
$276.2M
Total Debt
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
$209.1M
Q3 25
$207.1M
Q2 25
$205.1M
Q1 25
$203.2M
Q4 24
$201.4M
Q3 24
$175.7M
Q2 24
$174.4M
Stockholders' Equity
CLPS
CLPS
PHAT
PHAT
Q2 26
$57.6M
Q4 25
$-438.2M
Q3 25
$-422.5M
Q2 25
$-405.8M
Q1 25
$-338.4M
Q4 24
$63.9M
$-253.6M
Q3 24
$-187.1M
Q2 24
$-233.8M
Total Assets
CLPS
CLPS
PHAT
PHAT
Q2 26
$118.1M
Q4 25
$259.1M
Q3 25
$240.3M
Q2 25
$250.2M
Q1 25
$294.2M
Q4 24
$110.0M
$378.3M
Q3 24
$387.0M
Q2 24
$319.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLPS
CLPS
PHAT
PHAT
Operating Cash FlowLast quarter
$-166.8M
Free Cash FlowOCF − Capex
$-167.0M
FCF MarginFCF / Revenue
-290.0%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-328.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
$-166.8M
Q3 25
$-14.1M
Q2 25
$-62.7M
Q1 25
$-84.9M
Q4 24
$-266.8M
Q3 24
$-63.6M
Q2 24
$-70.7M
Free Cash Flow
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
$-167.0M
Q3 25
$-14.1M
Q2 25
$-62.8M
Q1 25
$-84.9M
Q4 24
$-266.9M
Q3 24
$-63.6M
Q2 24
$-70.8M
FCF Margin
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
-290.0%
Q3 25
-28.6%
Q2 25
-159.0%
Q1 25
-297.9%
Q4 24
-899.8%
Q3 24
-389.0%
Q2 24
-966.2%
Capex Intensity
CLPS
CLPS
PHAT
PHAT
Q2 26
Q4 25
0.4%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.5%
Q3 24
0.3%
Q2 24
0.6%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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