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

Phathom Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($57.6M vs $47.3M, roughly 1.2× Mama's Creations, Inc.). On growth, Phathom Pharmaceuticals, Inc. posted the faster year-over-year revenue change (94.1% vs 50.0%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-167.0M).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

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.

MAMA vs PHAT — Head-to-Head

Bigger by revenue
PHAT
PHAT
1.2× larger
PHAT
$57.6M
$47.3M
MAMA
Growing faster (revenue YoY)
PHAT
PHAT
+44.2% gap
PHAT
94.1%
50.0%
MAMA
More free cash flow
MAMA
MAMA
$170.7M more FCF
MAMA
$3.7M
$-167.0M
PHAT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
PHAT
PHAT
Revenue
$47.3M
$57.6M
Net Profit
$540.0K
Gross Margin
23.6%
86.7%
Operating Margin
1.7%
Net Margin
1.1%
Revenue YoY
50.0%
94.1%
Net Profit YoY
31.7%
71.6%
EPS (diluted)
$0.01

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
MAMA
MAMA
PHAT
PHAT
Q4 25
$47.3M
$57.6M
Q3 25
$35.2M
$49.5M
Q2 25
$35.3M
$39.5M
Q1 25
$33.6M
$28.5M
Q4 24
$31.5M
$29.7M
Q3 24
$28.4M
$16.4M
Q2 24
$29.8M
$7.3M
Q1 24
$26.7M
Net Profit
MAMA
MAMA
PHAT
PHAT
Q4 25
$540.0K
Q3 25
$1.3M
$-30.0M
Q2 25
$1.2M
$-75.8M
Q1 25
$1.6M
$-94.3M
Q4 24
$410.0K
Q3 24
$1.1M
$-85.6M
Q2 24
$553.0K
$-91.4M
Q1 24
$1.4M
Gross Margin
MAMA
MAMA
PHAT
PHAT
Q4 25
23.6%
86.7%
Q3 25
24.9%
87.5%
Q2 25
26.1%
87.2%
Q1 25
27.0%
86.9%
Q4 24
22.6%
87.1%
Q3 24
24.2%
85.6%
Q2 24
25.0%
81.2%
Q1 24
29.3%
Operating Margin
MAMA
MAMA
PHAT
PHAT
Q4 25
1.7%
Q3 25
4.8%
-30.8%
Q2 25
4.5%
-151.7%
Q1 25
5.7%
-276.5%
Q4 24
1.8%
Q3 24
5.7%
-433.0%
Q2 24
2.6%
-1055.4%
Q1 24
7.4%
Net Margin
MAMA
MAMA
PHAT
PHAT
Q4 25
1.1%
Q3 25
3.6%
-60.5%
Q2 25
3.5%
-191.9%
Q1 25
4.8%
-330.7%
Q4 24
1.3%
Q3 24
4.0%
-523.3%
Q2 24
1.9%
-1248.6%
Q1 24
5.3%
EPS (diluted)
MAMA
MAMA
PHAT
PHAT
Q4 25
$0.01
Q3 25
$0.03
$-0.41
Q2 25
$0.03
$-1.05
Q1 25
$0.04
$-1.31
Q4 24
$0.01
Q3 24
$0.03
$-1.32
Q2 24
$0.01
$-1.56
Q1 24
$0.03

Balance Sheet & Financial Strength

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

Metric
MAMA
MAMA
PHAT
PHAT
Cash + ST InvestmentsLiquidity on hand
$18.1M
$130.0M
Total DebtLower is stronger
$209.1M
Stockholders' EquityBook value
$49.6M
$-438.2M
Total Assets
$84.0M
$259.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
PHAT
PHAT
Q4 25
$18.1M
$130.0M
Q3 25
$9.4M
$135.2M
Q2 25
$12.0M
$149.6M
Q1 25
$7.2M
$212.3M
Q4 24
$9.3M
$297.3M
Q3 24
$7.4M
$334.7M
Q2 24
$13.0M
$276.2M
Q1 24
$11.0M
Total Debt
MAMA
MAMA
PHAT
PHAT
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
Q1 24
Stockholders' Equity
MAMA
MAMA
PHAT
PHAT
Q4 25
$49.6M
$-438.2M
Q3 25
$29.6M
$-422.5M
Q2 25
$26.4M
$-405.8M
Q1 25
$24.9M
$-338.4M
Q4 24
$23.0M
$-253.6M
Q3 24
$22.3M
$-187.1M
Q2 24
$20.3M
$-233.8M
Q1 24
$19.6M
Total Assets
MAMA
MAMA
PHAT
PHAT
Q4 25
$84.0M
$259.1M
Q3 25
$51.2M
$240.3M
Q2 25
$52.7M
$250.2M
Q1 25
$47.1M
$294.2M
Q4 24
$47.9M
$378.3M
Q3 24
$43.0M
$387.0M
Q2 24
$47.2M
$319.4M
Q1 24
$45.1M

Cash Flow & Capital Efficiency

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

Metric
MAMA
MAMA
PHAT
PHAT
Operating Cash FlowLast quarter
$3.9M
$-166.8M
Free Cash FlowOCF − Capex
$3.7M
$-167.0M
FCF MarginFCF / Revenue
7.8%
-290.0%
Capex IntensityCapex / Revenue
0.4%
0.4%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M
$-328.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
PHAT
PHAT
Q4 25
$3.9M
$-166.8M
Q3 25
$-1.7M
$-14.1M
Q2 25
$6.0M
$-62.7M
Q1 25
$-857.0K
$-84.9M
Q4 24
$4.8M
$-266.8M
Q3 24
$-2.4M
$-63.6M
Q2 24
$3.6M
$-70.7M
Q1 24
$6.7M
Free Cash Flow
MAMA
MAMA
PHAT
PHAT
Q4 25
$3.7M
$-167.0M
Q3 25
$-2.2M
$-14.1M
Q2 25
$5.5M
$-62.8M
Q1 25
$-930.0K
$-84.9M
Q4 24
$2.5M
$-266.9M
Q3 24
$-4.0M
$-63.6M
Q2 24
$2.5M
$-70.8M
Q1 24
$6.6M
FCF Margin
MAMA
MAMA
PHAT
PHAT
Q4 25
7.8%
-290.0%
Q3 25
-6.2%
-28.6%
Q2 25
15.5%
-159.0%
Q1 25
-2.8%
-297.9%
Q4 24
8.0%
-899.8%
Q3 24
-14.1%
-389.0%
Q2 24
8.4%
-966.2%
Q1 24
24.8%
Capex Intensity
MAMA
MAMA
PHAT
PHAT
Q4 25
0.4%
0.4%
Q3 25
1.5%
0.1%
Q2 25
1.5%
0.2%
Q1 25
0.2%
0.1%
Q4 24
7.2%
0.5%
Q3 24
5.6%
0.3%
Q2 24
3.8%
0.6%
Q1 24
0.4%
Cash Conversion
MAMA
MAMA
PHAT
PHAT
Q4 25
7.16×
Q3 25
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

Financial Flow Comparison

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

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