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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
Free cash flow-$29.2M-2.4%

Valuation

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Market cap$7.62B+27.5%
Enterprise value$7.67B+28.8%
P/S35.1×-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

Reported directly by Rhythm Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The source filing: Rhythm Pharmaceuticals, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030549
Line itemMarch 31,2026December 31,2025
Cash and cash equivalents$62,137$54,301
Short-term investments278,488334,648
Accounts receivable, net34,19226,081
Inventory28,65125,753
Prepaid expenses and other current assets26,62226,133
Total current assets430,090466,916
Property and equipment, net1,0651,104
Right-of-use asset2,9363,049

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Rhythm Pharmaceuticals, Inc.'s inventories?
Rhythm Pharmaceuticals, Inc. (RYTM) reported inventories of $28.65M in Q1 2026.
How has Rhythm Pharmaceuticals, Inc.'s inventories changed year-over-year?
Rhythm Pharmaceuticals, Inc.'s inventories increased by 48.3% year-over-year, from $19.32M to $28.65M.
What is the long-term trend for Rhythm Pharmaceuticals, Inc.'s inventories?
Over 3 years (2021 to 2025), Rhythm Pharmaceuticals, Inc.'s inventories has grown at a 796.9% compound annual growth rate (CAGR), from $119.25K to $86.05M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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