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Discontinued — last reported Q4 '25

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Other financials

Income statement

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Revenue$60.1M+83.8%
Gross profit$53.0M+82.3%
Operating income-$52.4M-11.4%
Net income-$55.6M-12.4%
EPS (diluted)-$0.83-2.5%

Balance sheet

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Cash & equivalents$62.1M-41.4%
Total debt$112.3M-1.1%
Total equity$122.9M+549%
Total assets$442.3M+14.4%

Cash flow

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Operating cash flow-$44.2M-9.5%
CapEx$238.3K

Valuation

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Market cap$6.64B+77.3%
Enterprise value$6.69B+78.4%
P/S30.6×+3.2×

Profitability

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Gross margin89.4%-0.2pp
Operating margin-90.9%-19.8pp
Net margin-93.3%-18.2pp
FCF margin-61.5%-14.1pp

Returns & leverage

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Return on equity-285.8%-68.9pp
Debt / equity0.9×-5.1×
Current ratio4.2×+0.9×

Where this comes from

Calculated from Rhythm Pharmaceuticals, Inc.’s reported figures.

The official record: Rhythm Pharmaceuticals, Inc.’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rhythm Pharmaceuticals, Inc.'s free cash flow?
Rhythm Pharmaceuticals, Inc. (RYTM) reported free cash flow of -$29.16M in Q4 2025.
How has Rhythm Pharmaceuticals, Inc.'s free cash flow changed year-over-year?
Rhythm Pharmaceuticals, Inc.'s free cash flow decreased by 2.4% year-over-year, from -$28.47M to -$29.16M.
What is the long-term trend for Rhythm Pharmaceuticals, Inc.'s free cash flow?
Over 4 years (2021 to 2025), Rhythm Pharmaceuticals, Inc.'s free cash flow has grown at a -5.5% compound annual growth rate (CAGR), from -$146.44M to -$116.63M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.