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Side-by-side financial comparison of MAGNACHIP SEMICONDUCTOR Corp (MX) 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 $40.6M, roughly 1.4× MAGNACHIP SEMICONDUCTOR Corp). On growth, Phathom Pharmaceuticals, Inc. posted the faster year-over-year revenue change (94.1% vs -20.7%). MAGNACHIP SEMICONDUCTOR Corp produced more free cash flow last quarter ($-4.8M vs $-167.0M).

Magnachip Semiconductor Corp is a global semiconductor design and manufacturing firm specializing in high-performance analog and mixed-signal solutions. Its core products include display driver ICs, power management ICs and sensors, serving consumer electronics, automotive, industrial and communications markets worldwide.

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.

MX vs PHAT — Head-to-Head

Bigger by revenue
PHAT
PHAT
1.4× larger
PHAT
$57.6M
$40.6M
MX
Growing faster (revenue YoY)
PHAT
PHAT
+114.8% gap
PHAT
94.1%
-20.7%
MX
More free cash flow
MX
MX
$162.2M more FCF
MX
$-4.8M
$-167.0M
PHAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MX
MX
PHAT
PHAT
Revenue
$40.6M
$57.6M
Net Profit
$-8.1M
Gross Margin
9.3%
86.7%
Operating Margin
-26.1%
Net Margin
-19.9%
Revenue YoY
-20.7%
94.1%
Net Profit YoY
50.4%
71.6%
EPS (diluted)
$-0.23

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
MX
MX
PHAT
PHAT
Q4 25
$40.6M
$57.6M
Q3 25
$45.9M
$49.5M
Q2 25
$47.6M
$39.5M
Q1 25
$44.7M
$28.5M
Q4 24
$51.2M
$29.7M
Q3 24
$55.4M
$16.4M
Q2 24
$46.4M
$7.3M
Q1 24
$43.4M
Net Profit
MX
MX
PHAT
PHAT
Q4 25
$-8.1M
Q3 25
$-13.1M
$-30.0M
Q2 25
$323.0K
$-75.8M
Q1 25
$-8.9M
$-94.3M
Q4 24
$-16.3M
Q3 24
$-9.6M
$-85.6M
Q2 24
$-13.0M
$-91.4M
Q1 24
$-15.4M
Gross Margin
MX
MX
PHAT
PHAT
Q4 25
9.3%
86.7%
Q3 25
18.6%
87.5%
Q2 25
20.4%
87.2%
Q1 25
20.9%
86.9%
Q4 24
21.7%
87.1%
Q3 24
20.8%
85.6%
Q2 24
21.1%
81.2%
Q1 24
14.6%
Operating Margin
MX
MX
PHAT
PHAT
Q4 25
-26.1%
Q3 25
-25.1%
-30.8%
Q2 25
-15.6%
-151.7%
Q1 25
-14.1%
-276.5%
Q4 24
-12.5%
Q3 24
-8.1%
-433.0%
Q2 24
-12.3%
-1055.4%
Q1 24
-21.6%
Net Margin
MX
MX
PHAT
PHAT
Q4 25
-19.9%
Q3 25
-28.5%
-60.5%
Q2 25
0.7%
-191.9%
Q1 25
-19.9%
-330.7%
Q4 24
-31.8%
Q3 24
-17.3%
-523.3%
Q2 24
-28.0%
-1248.6%
Q1 24
-35.5%
EPS (diluted)
MX
MX
PHAT
PHAT
Q4 25
$-0.23
Q3 25
$-0.36
$-0.41
Q2 25
$0.01
$-1.05
Q1 25
$-0.24
$-1.31
Q4 24
$-0.44
Q3 24
$-0.26
$-1.32
Q2 24
$-0.34
$-1.56
Q1 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
MX
MX
PHAT
PHAT
Cash + ST InvestmentsLiquidity on hand
$103.8M
$130.0M
Total DebtLower is stronger
$209.1M
Stockholders' EquityBook value
$248.3M
$-438.2M
Total Assets
$351.5M
$259.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MX
MX
PHAT
PHAT
Q4 25
$103.8M
$130.0M
Q3 25
$108.0M
$135.2M
Q2 25
$113.3M
$149.6M
Q1 25
$132.7M
$212.3M
Q4 24
$138.6M
$297.3M
Q3 24
$151.1M
$334.7M
Q2 24
$162.5M
$276.2M
Q1 24
$171.6M
Total Debt
MX
MX
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
MX
MX
PHAT
PHAT
Q4 25
$248.3M
$-438.2M
Q3 25
$255.3M
$-422.5M
Q2 25
$270.2M
$-405.8M
Q1 25
$269.2M
$-338.4M
Q4 24
$276.8M
$-253.6M
Q3 24
$299.6M
$-187.1M
Q2 24
$305.8M
$-233.8M
Q1 24
$321.9M
Total Assets
MX
MX
PHAT
PHAT
Q4 25
$351.5M
$259.1M
Q3 25
$359.6M
$240.3M
Q2 25
$370.5M
$250.2M
Q1 25
$373.9M
$294.2M
Q4 24
$379.3M
$378.3M
Q3 24
$411.4M
$387.0M
Q2 24
$412.7M
$319.4M
Q1 24
$426.2M

Cash Flow & Capital Efficiency

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

Metric
MX
MX
PHAT
PHAT
Operating Cash FlowLast quarter
$5.4M
$-166.8M
Free Cash FlowOCF − Capex
$-4.8M
$-167.0M
FCF MarginFCF / Revenue
-11.9%
-290.0%
Capex IntensityCapex / Revenue
25.3%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-54.2M
$-328.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MX
MX
PHAT
PHAT
Q4 25
$5.4M
$-166.8M
Q3 25
$162.0K
$-14.1M
Q2 25
$-25.1M
$-62.7M
Q1 25
$-4.7M
$-84.9M
Q4 24
$11.9M
$-266.8M
Q3 24
$-12.9M
$-63.6M
Q2 24
$-1.1M
$-70.7M
Q1 24
$-4.0M
Free Cash Flow
MX
MX
PHAT
PHAT
Q4 25
$-4.8M
$-167.0M
Q3 25
$-7.5M
$-14.1M
Q2 25
$-37.0M
$-62.8M
Q1 25
$-4.9M
$-84.9M
Q4 24
$4.4M
$-266.9M
Q3 24
$-15.5M
$-63.6M
Q2 24
$-2.0M
$-70.8M
Q1 24
$-4.6M
FCF Margin
MX
MX
PHAT
PHAT
Q4 25
-11.9%
-290.0%
Q3 25
-16.3%
-28.6%
Q2 25
-77.7%
-159.0%
Q1 25
-10.9%
-297.9%
Q4 24
8.7%
-899.8%
Q3 24
-28.0%
-389.0%
Q2 24
-4.3%
-966.2%
Q1 24
-10.7%
Capex Intensity
MX
MX
PHAT
PHAT
Q4 25
25.3%
0.4%
Q3 25
16.7%
0.1%
Q2 25
24.9%
0.2%
Q1 25
0.5%
0.1%
Q4 24
14.5%
0.5%
Q3 24
4.7%
0.3%
Q2 24
1.9%
0.6%
Q1 24
1.5%
Cash Conversion
MX
MX
PHAT
PHAT
Q4 25
Q3 25
Q2 25
-77.81×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MX
MX

Power Analog Solutions$36.8M91%
Power Ic$3.8M9%

PHAT
PHAT

Segment breakdown not available.

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