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

Goosehead Insurance, Inc. is the larger business by last-quarter revenue ($93.1M vs $57.6M, roughly 1.6× Phathom Pharmaceuticals, Inc.). On growth, Phathom Pharmaceuticals, Inc. posted the faster year-over-year revenue change (94.1% vs 23.1%).

Goosehead Insurance is a U.S.-based personal lines insurance agency that offers a wide range of coverage products including auto, home, renters, flood, and specialty insurance. It partners with hundreds of insurance carriers to provide clients with tailored, cost-effective coverage options, operating via corporate locations and a national franchise network for independent agents.

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.

GSHD vs PHAT — Head-to-Head

Bigger by revenue
GSHD
GSHD
1.6× larger
GSHD
$93.1M
$57.6M
PHAT
Growing faster (revenue YoY)
PHAT
PHAT
+71.0% gap
PHAT
94.1%
23.1%
GSHD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GSHD
GSHD
PHAT
PHAT
Revenue
$93.1M
$57.6M
Net Profit
$8.0M
Gross Margin
86.7%
Operating Margin
16.1%
Net Margin
8.6%
Revenue YoY
23.1%
94.1%
Net Profit YoY
204.0%
71.6%
EPS (diluted)
$0.19

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
GSHD
GSHD
PHAT
PHAT
Q1 26
$93.1M
Q4 25
$105.3M
$57.6M
Q3 25
$90.4M
$49.5M
Q2 25
$94.0M
$39.5M
Q1 25
$75.6M
$28.5M
Q4 24
$93.9M
$29.7M
Q3 24
$78.0M
$16.4M
Q2 24
$78.1M
$7.3M
Net Profit
GSHD
GSHD
PHAT
PHAT
Q1 26
$8.0M
Q4 25
$12.4M
Q3 25
$7.9M
$-30.0M
Q2 25
$5.2M
$-75.8M
Q1 25
$2.3M
$-94.3M
Q4 24
$14.9M
Q3 24
$7.6M
$-85.6M
Q2 24
$6.2M
$-91.4M
Gross Margin
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
86.7%
Q3 25
87.5%
Q2 25
87.2%
Q1 25
86.9%
Q4 24
87.1%
Q3 24
85.6%
Q2 24
81.2%
Operating Margin
GSHD
GSHD
PHAT
PHAT
Q1 26
16.1%
Q4 25
29.4%
Q3 25
23.5%
-30.8%
Q2 25
16.7%
-151.7%
Q1 25
8.8%
-276.5%
Q4 24
29.7%
Q3 24
21.1%
-433.0%
Q2 24
19.7%
-1055.4%
Net Margin
GSHD
GSHD
PHAT
PHAT
Q1 26
8.6%
Q4 25
11.8%
Q3 25
8.7%
-60.5%
Q2 25
5.5%
-191.9%
Q1 25
3.1%
-330.7%
Q4 24
15.8%
Q3 24
9.7%
-523.3%
Q2 24
7.9%
-1248.6%
EPS (diluted)
GSHD
GSHD
PHAT
PHAT
Q1 26
$0.19
Q4 25
$0.48
Q3 25
$0.29
$-0.41
Q2 25
$0.18
$-1.05
Q1 25
$0.09
$-1.31
Q4 24
$0.58
Q3 24
$0.29
$-1.32
Q2 24
$0.24
$-1.56

Balance Sheet & Financial Strength

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

Metric
GSHD
GSHD
PHAT
PHAT
Cash + ST InvestmentsLiquidity on hand
$25.7M
$130.0M
Total DebtLower is stronger
$209.1M
Stockholders' EquityBook value
$-121.3M
$-438.2M
Total Assets
$392.8M
$259.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSHD
GSHD
PHAT
PHAT
Q1 26
$25.7M
Q4 25
$34.4M
$130.0M
Q3 25
$51.6M
$135.2M
Q2 25
$92.4M
$149.6M
Q1 25
$70.2M
$212.3M
Q4 24
$54.3M
$297.3M
Q3 24
$47.5M
$334.7M
Q2 24
$23.6M
$276.2M
Total Debt
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
$289.5M
$209.1M
Q3 25
$290.0M
$207.1M
Q2 25
$289.8M
$205.1M
Q1 25
$290.3M
$203.2M
Q4 24
$82.3M
$201.4M
Q3 24
$84.6M
$175.7M
Q2 24
$87.0M
$174.4M
Stockholders' Equity
GSHD
GSHD
PHAT
PHAT
Q1 26
$-121.3M
Q4 25
$-95.5M
$-438.2M
Q3 25
$-105.0M
$-422.5M
Q2 25
$-78.6M
$-405.8M
Q1 25
$-88.5M
$-338.4M
Q4 24
$43.9M
$-253.6M
Q3 24
$58.3M
$-187.1M
Q2 24
$39.8M
$-233.8M
Total Assets
GSHD
GSHD
PHAT
PHAT
Q1 26
$392.8M
Q4 25
$414.9M
$259.1M
Q3 25
$403.6M
$240.3M
Q2 25
$436.6M
$250.2M
Q1 25
$412.6M
$294.2M
Q4 24
$397.7M
$378.3M
Q3 24
$358.1M
$387.0M
Q2 24
$338.2M
$319.4M
Debt / Equity
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.87×
Q3 24
1.45×
Q2 24
2.19×

Cash Flow & Capital Efficiency

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

Metric
GSHD
GSHD
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
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
$91.8M
$-166.8M
Q3 25
$24.2M
$-14.1M
Q2 25
$28.9M
$-62.7M
Q1 25
$15.5M
$-84.9M
Q4 24
$71.5M
$-266.8M
Q3 24
$28.1M
$-63.6M
Q2 24
$18.9M
$-70.7M
Free Cash Flow
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
$86.1M
$-167.0M
Q3 25
$23.7M
$-14.1M
Q2 25
$27.2M
$-62.8M
Q1 25
$14.9M
$-84.9M
Q4 24
$70.6M
$-266.9M
Q3 24
$28.0M
$-63.6M
Q2 24
$18.6M
$-70.8M
FCF Margin
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
81.8%
-290.0%
Q3 25
26.2%
-28.6%
Q2 25
28.9%
-159.0%
Q1 25
19.7%
-297.9%
Q4 24
75.1%
-899.8%
Q3 24
35.9%
-389.0%
Q2 24
23.9%
-966.2%
Capex Intensity
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
5.4%
0.4%
Q3 25
0.5%
0.1%
Q2 25
1.8%
0.2%
Q1 25
0.8%
0.1%
Q4 24
1.0%
0.5%
Q3 24
0.1%
0.3%
Q2 24
0.3%
0.6%
Cash Conversion
GSHD
GSHD
PHAT
PHAT
Q1 26
Q4 25
7.38×
Q3 25
3.06×
Q2 25
5.61×
Q1 25
6.61×
Q4 24
4.82×
Q3 24
3.72×
Q2 24
3.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GSHD
GSHD

Renewal Royalty Fees (2)$43.6M47%
Renewal Commissions (1)$18.2M20%
Contingent Commissions (1)$10.7M11%
New Business Royalty Fees (2)$7.9M8%
New Business Commissions (1)$7.5M8%
Other$3.7M4%
Initial Franchise Fees (2)$1.6M2%

PHAT
PHAT

Segment breakdown not available.

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