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Phathom Pharmaceuticals, Inc.（PHAT）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是Phathom Pharmaceuticals, Inc.的1.7倍（$100.0M vs $57.6M），Phathom Pharmaceuticals, Inc.同比增速更快（94.1% vs 14.5%），null自由现金流更多（$14.1M vs $-167.0M）
Phathom Pharmaceuticals是一家临床阶段生物制药公司，专注于研发和商业化胃肠道疾病的创新疗法，其核心候选产品针对酸相关疾病、炎症性肠病等适应症，主要服务北美及欧洲地区的患者群体。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
PHAT vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.7倍
$57.6M
营收增速更快
PHAT
高出79.6%
14.5%
自由现金流更多
SWIM
多$181.1M
$-167.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $57.6M | $100.0M |
| 净利润 | — | $-7.0M |
| 毛利率 | 86.7% | 28.0% |
| 营业利润率 | — | -10.7% |
| 净利率 | — | -7.0% |
| 营收同比 | 94.1% | 14.5% |
| 净利润同比 | 71.6% | 76.0% |
| 每股收益（稀释后） | — | $-0.06 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PHATSWIM
| Q4 25 | $57.6M | $100.0M | ||
| Q3 25 | $49.5M | $161.9M | ||
| Q2 25 | $39.5M | $172.6M | ||
| Q1 25 | $28.5M | $111.4M | ||
| Q4 24 | $29.7M | $87.3M | ||
| Q3 24 | $16.4M | $150.5M | ||
| Q2 24 | $7.3M | $160.1M | ||
| Q1 24 | — | $110.6M |
净利润PHATSWIM
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $-30.0M | $8.1M | ||
| Q2 25 | $-75.8M | $16.0M | ||
| Q1 25 | $-94.3M | $-6.0M | ||
| Q4 24 | — | $-29.2M | ||
| Q3 24 | $-85.6M | $5.9M | ||
| Q2 24 | $-91.4M | $13.3M | ||
| Q1 24 | — | $-7.9M |
毛利率PHATSWIM
| Q4 25 | 86.7% | 28.0% | ||
| Q3 25 | 87.5% | 35.4% | ||
| Q2 25 | 87.2% | 37.1% | ||
| Q1 25 | 86.9% | 29.5% | ||
| Q4 24 | 87.1% | 24.6% | ||
| Q3 24 | 85.6% | 32.4% | ||
| Q2 24 | 81.2% | 33.1% | ||
| Q1 24 | — | 27.7% |
营业利润率PHATSWIM
| Q4 25 | — | -10.7% | ||
| Q3 25 | -30.8% | 13.3% | ||
| Q2 25 | -151.7% | 14.3% | ||
| Q1 25 | -276.5% | -4.4% | ||
| Q4 24 | — | -14.9% | ||
| Q3 24 | -433.0% | 8.9% | ||
| Q2 24 | -1055.4% | 12.5% | ||
| Q1 24 | — | -1.9% |
净利率PHATSWIM
| Q4 25 | — | -7.0% | ||
| Q3 25 | -60.5% | 5.0% | ||
| Q2 25 | -191.9% | 9.3% | ||
| Q1 25 | -330.7% | -5.4% | ||
| Q4 24 | — | -33.4% | ||
| Q3 24 | -523.3% | 3.9% | ||
| Q2 24 | -1248.6% | 8.3% | ||
| Q1 24 | — | -7.1% |
每股收益（稀释后）PHATSWIM
| Q4 25 | — | $-0.06 | ||
| Q3 25 | $-0.41 | $0.07 | ||
| Q2 25 | $-1.05 | $0.13 | ||
| Q1 25 | $-1.31 | $-0.05 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | $-1.32 | $0.05 | ||
| Q2 24 | $-1.56 | $0.11 | ||
| Q1 24 | — | $-0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $130.0M | — |
| 总债务越低越好 | $209.1M | $279.8M |
| 股东权益账面价值 | $-438.2M | $405.9M |
| 总资产 | $259.1M | $823.2M |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资PHATSWIM
| Q4 25 | $130.0M | — | ||
| Q3 25 | $135.2M | — | ||
| Q2 25 | $149.6M | — | ||
| Q1 25 | $212.3M | — | ||
| Q4 24 | $297.3M | — | ||
| Q3 24 | $334.7M | — | ||
| Q2 24 | $276.2M | — | ||
| Q1 24 | — | — |
总债务PHATSWIM
| Q4 25 | $209.1M | $279.8M | ||
| Q3 25 | $207.1M | $281.1M | ||
| Q2 25 | $205.1M | $281.5M | ||
| Q1 25 | $203.2M | $306.9M | ||
| Q4 24 | $201.4M | $281.5M | ||
| Q3 24 | $175.7M | $282.8M | ||
| Q2 24 | $174.4M | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益PHATSWIM
| Q4 25 | $-438.2M | $405.9M | ||
| Q3 25 | $-422.5M | $408.4M | ||
| Q2 25 | $-405.8M | $398.4M | ||
| Q1 25 | $-338.4M | $381.1M | ||
| Q4 24 | $-253.6M | $387.2M | ||
| Q3 24 | $-187.1M | $416.6M | ||
| Q2 24 | $-233.8M | $408.1M | ||
| Q1 24 | — | $391.8M |
总资产PHATSWIM
| Q4 25 | $259.1M | $823.2M | ||
| Q3 25 | $240.3M | $844.4M | ||
| Q2 25 | $250.2M | $822.1M | ||
| Q1 25 | $294.2M | $824.6M | ||
| Q4 24 | $378.3M | $794.2M | ||
| Q3 24 | $387.0M | $853.4M | ||
| Q2 24 | $319.4M | $830.0M | ||
| Q1 24 | — | $808.6M |
负债/权益比PHATSWIM
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-166.8M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-167.0M | $14.1M |
| 自由现金流率自由现金流/营收 | -290.0% | 14.1% |
| 资本支出强度资本支出/营收 | 0.4% | 9.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-328.9M | $38.0M |
8季度趋势，按日历期对齐
经营现金流PHATSWIM
| Q4 25 | $-166.8M | $23.3M | ||
| Q3 25 | $-14.1M | $51.0M | ||
| Q2 25 | $-62.7M | $36.0M | ||
| Q1 25 | $-84.9M | $-46.9M | ||
| Q4 24 | $-266.8M | $6.2M | ||
| Q3 24 | $-63.6M | $37.2M | ||
| Q2 24 | $-70.7M | $52.4M | ||
| Q1 24 | — | $-34.5M |
自由现金流PHATSWIM
| Q4 25 | $-167.0M | $14.1M | ||
| Q3 25 | $-14.1M | $45.2M | ||
| Q2 25 | $-62.8M | $29.1M | ||
| Q1 25 | $-84.9M | $-50.3M | ||
| Q4 24 | $-266.9M | $-98.0K | ||
| Q3 24 | $-63.6M | $33.2M | ||
| Q2 24 | $-70.8M | $47.9M | ||
| Q1 24 | — | $-39.9M |
自由现金流率PHATSWIM
| Q4 25 | -290.0% | 14.1% | ||
| Q3 25 | -28.6% | 27.9% | ||
| Q2 25 | -159.0% | 16.8% | ||
| Q1 25 | -297.9% | -45.2% | ||
| Q4 24 | -899.8% | -0.1% | ||
| Q3 24 | -389.0% | 22.1% | ||
| Q2 24 | -966.2% | 29.9% | ||
| Q1 24 | — | -36.0% |
资本支出强度PHATSWIM
| Q4 25 | 0.4% | 9.2% | ||
| Q3 25 | 0.1% | 3.6% | ||
| Q2 25 | 0.2% | 4.0% | ||
| Q1 25 | 0.1% | 3.1% | ||
| Q4 24 | 0.5% | 7.2% | ||
| Q3 24 | 0.3% | 2.7% | ||
| Q2 24 | 0.6% | 2.8% | ||
| Q1 24 | — | 4.8% |
现金转化率PHATSWIM
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PHAT
暂无分部数据
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
