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Armata Pharmaceuticals, Inc. logo

Armata Pharmaceuticals, Inc.

armatapharma.com

What Do They Do?

Develops pathogen-specific bacteriophage drug candidates for patients with antibiotic-resistant and difficult-to-treat bacterial infections, including chronic lung and acute bloodstream infections.

Do Revenues Turn Into Profits?

No. It lost $173.8M in FY2025.

Operating income, FY2025
−747% of revenue
▼ −14% (Loss) vs FY2024 (−$42.4M, −820%)
Net income, FY2025
−3544% of revenue
▲ +819% (Loss) vs FY2024 (−$18.9M, −366%)
Free cash flow, FY2025
−536% of revenue
▼ −33% (Loss) vs FY2024 (−$39.4M, −762%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ Now profitable
vs −$16.3M in Q2 FY2025
  • Jul 20, 2026 David House appointed chief financial officer House previously served as senior vice president of finance and principal financial officer.

An acute lung-infection program The earlier report focuses on chronic lung and bloodstream infections; the latest adds a preclinical program for acute ventilator-associated pneumonia and other severe Pseudomonas infections.

Who Do They Compete With?

Competes with BiomX, Adaptive Phage Therapeutics, Intralytix, Locus Biosciences, and TechnoPhage

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