Significant Revenue Growth
Phathom Pharmaceuticals reported a 25% revenue growth in Q3 2025, with net revenue reaching $49.5 million, which exceeded expectations and is in line with the revenue guidance for the year.
Reduction in Operating Expenses
Operating expenses were reduced by 43% quarter-over-quarter and nearly 50% since Q1 2025, contributing to a significant reduction in cash usage.
Cash Usage Down
Cash usage for Q3 was less than $15 million, a reduction of 77% compared to Q2 2025.
Strong Prescription Growth
There was a 36% growth in filled prescriptions since Q2, with 221,000 prescriptions in Q3, including 144,000 covered scripts and 77,000 cash prescriptions.
New Leadership Hires
The company welcomed Sanjeev Narula as the new Chief Financial and Business Officer and Nancy Phelan as the new SVP of Marketing and Analytics, both bringing significant experience to Phathom.