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Side-by-side financial comparison of Phathom Pharmaceuticals, Inc. (PHAT) and Silvercrest Asset Management Group Inc. (SAMG). Click either name above to swap in a different company.
Phathom Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($57.6M vs $32.0M, roughly 1.8× Silvercrest Asset Management Group Inc.). On growth, Phathom Pharmaceuticals, Inc. posted the faster year-over-year revenue change (94.1% vs -0.0%). Silvercrest Asset Management Group Inc. produced more free cash flow last quarter ($15.0M vs $-167.0M).
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.
PHAT vs SAMG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $57.6M | $32.0M |
| Net Profit | — | $-120.0K |
| Gross Margin | 86.7% | — |
| Operating Margin | — | -2.8% |
| Net Margin | — | -0.4% |
| Revenue YoY | 94.1% | -0.0% |
| Net Profit YoY | 71.6% | -107.4% |
| EPS (diluted) | — | $0.02 |
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.
| Q4 25 | $57.6M | $32.0M | ||
| Q3 25 | $49.5M | $31.3M | ||
| Q2 25 | $39.5M | $30.7M | ||
| Q1 25 | $28.5M | $31.4M | ||
| Q4 24 | $29.7M | $32.0M | ||
| Q3 24 | $16.4M | $30.4M | ||
| Q2 24 | $7.3M | $31.0M | ||
| Q1 24 | — | $30.3M |
| Q4 25 | — | $-120.0K | ||
| Q3 25 | $-30.0M | $618.0K | ||
| Q2 25 | $-75.8M | $1.9M | ||
| Q1 25 | $-94.3M | $2.5M | ||
| Q4 24 | — | $1.6M | ||
| Q3 24 | $-85.6M | $2.3M | ||
| Q2 24 | $-91.4M | $2.7M | ||
| Q1 24 | — | $3.0M |
| 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% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -2.8% | ||
| Q3 25 | -30.8% | 4.3% | ||
| Q2 25 | -151.7% | 13.2% | ||
| Q1 25 | -276.5% | 15.4% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | -433.0% | 14.6% | ||
| Q2 24 | -1055.4% | 17.1% | ||
| Q1 24 | — | 19.5% |
| Q4 25 | — | -0.4% | ||
| Q3 25 | -60.5% | 2.0% | ||
| Q2 25 | -191.9% | 6.3% | ||
| Q1 25 | -330.7% | 7.9% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | -523.3% | 7.4% | ||
| Q2 24 | -1248.6% | 8.6% | ||
| Q1 24 | — | 9.9% |
| Q4 25 | — | $0.02 | ||
| Q3 25 | $-0.41 | $0.07 | ||
| Q2 25 | $-1.05 | $0.21 | ||
| Q1 25 | $-1.31 | $0.26 | ||
| Q4 24 | — | $0.16 | ||
| Q3 24 | $-1.32 | $0.24 | ||
| Q2 24 | $-1.56 | $0.28 | ||
| Q1 24 | — | $0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $130.0M | $44.1M |
| Total DebtLower is stronger | $209.1M | — |
| Stockholders' EquityBook value | $-438.2M | $50.3M |
| Total Assets | $259.1M | $166.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.0M | $44.1M | ||
| Q3 25 | $135.2M | $36.1M | ||
| Q2 25 | $149.6M | $30.0M | ||
| Q1 25 | $212.3M | $36.3M | ||
| Q4 24 | $297.3M | $68.6M | ||
| Q3 24 | $334.7M | $58.1M | ||
| Q2 24 | $276.2M | $49.9M | ||
| Q1 24 | — | $39.7M |
| 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 | — | — |
| Q4 25 | $-438.2M | $50.3M | ||
| Q3 25 | $-422.5M | $58.9M | ||
| Q2 25 | $-405.8M | $64.6M | ||
| Q1 25 | $-338.4M | $80.0M | ||
| Q4 24 | $-253.6M | $80.7M | ||
| Q3 24 | $-187.1M | $84.6M | ||
| Q2 24 | $-233.8M | $85.3M | ||
| Q1 24 | — | $83.9M |
| Q4 25 | $259.1M | $166.6M | ||
| Q3 25 | $240.3M | $157.6M | ||
| Q2 25 | $250.2M | $152.7M | ||
| Q1 25 | $294.2M | $159.9M | ||
| Q4 24 | $378.3M | $194.4M | ||
| Q3 24 | $387.0M | $184.2M | ||
| Q2 24 | $319.4M | $177.6M | ||
| Q1 24 | — | $170.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.8M | $18.6M |
| Free Cash FlowOCF − Capex | $-167.0M | $15.0M |
| FCF MarginFCF / Revenue | -290.0% | 46.9% |
| Capex IntensityCapex / Revenue | 0.4% | 11.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-328.9M | $17.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.8M | $18.6M | ||
| Q3 25 | $-14.1M | $14.6M | ||
| Q2 25 | $-62.7M | $13.8M | ||
| Q1 25 | $-84.9M | $-24.7M | ||
| Q4 24 | $-266.8M | $21.6M | ||
| Q3 24 | $-63.6M | $13.3M | ||
| Q2 24 | $-70.7M | $16.0M | ||
| Q1 24 | — | $-24.1M |
| Q4 25 | $-167.0M | $15.0M | ||
| Q3 25 | $-14.1M | $13.8M | ||
| Q2 25 | $-62.8M | $13.4M | ||
| Q1 25 | $-84.9M | $-25.1M | ||
| Q4 24 | $-266.9M | $19.9M | ||
| Q3 24 | $-63.6M | $12.9M | ||
| Q2 24 | $-70.8M | $15.6M | ||
| Q1 24 | — | $-24.7M |
| Q4 25 | -290.0% | 46.9% | ||
| Q3 25 | -28.6% | 44.1% | ||
| Q2 25 | -159.0% | 43.6% | ||
| Q1 25 | -297.9% | -80.0% | ||
| Q4 24 | -899.8% | 62.2% | ||
| Q3 24 | -389.0% | 42.4% | ||
| Q2 24 | -966.2% | 50.4% | ||
| Q1 24 | — | -81.6% |
| Q4 25 | 0.4% | 11.4% | ||
| Q3 25 | 0.1% | 2.6% | ||
| Q2 25 | 0.2% | 1.5% | ||
| Q1 25 | 0.1% | 1.3% | ||
| Q4 24 | 0.5% | 5.3% | ||
| Q3 24 | 0.3% | 1.2% | ||
| Q2 24 | 0.6% | 1.1% | ||
| Q1 24 | — | 2.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 23.62× | ||
| Q2 25 | — | 7.22× | ||
| Q1 25 | — | -10.01× | ||
| Q4 24 | — | 13.34× | ||
| Q3 24 | — | 5.90× | ||
| Q2 24 | — | 6.00× | ||
| Q1 24 | — | -8.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PHAT
Segment breakdown not available.
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
