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Other financials

Income statement

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Revenue$60.1M+83.8%
Gross profit$53.0M+82.3%
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:OperatingIncomeLoss.

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 itemThree months ended March 31, 20262025
Research and development41,72536,973
Selling, general, and administrative63,59139,087
Total costs and expenses112,47379,708
Loss from operations(52,361)(47,004)
Other income (expense):
Other income (expense), net(1,704)(644)
Interest expense(4,583)(5,409)
Interest income3,5543,639

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Rhythm Pharmaceuticals, Inc.'s operating income?
Rhythm Pharmaceuticals, Inc. (RYTM) reported operating income of -$52.36M in Q1 2026.
How has Rhythm Pharmaceuticals, Inc.'s operating income changed year-over-year?
Rhythm Pharmaceuticals, Inc.'s operating income decreased by 11.4% year-over-year, from -$47M to -$52.36M.
What is the long-term trend for Rhythm Pharmaceuticals, Inc.'s operating income?
Over 4 years (2021 to 2025), Rhythm Pharmaceuticals, Inc.'s operating income has grown at a 3.1% compound annual growth rate (CAGR), from -$170.06M to -$192.02M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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