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Rhythm Pharmaceuticals, Inc. RYTM Single reportable segment — Labor and Related Expense

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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:LaborAndRelatedExpense.

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, 2026Three months ended March 31, 2025
License revenue-(5,014)
Total revenue, net60,11232,704
Cost of sales7,1573,648
Global headcount expense58,65334,868
Preclinical, clinical and development expense18,51119,960
Commercial & medical affairs20,26413,249
Corporate, general & administrative7,8887,983
Other income (expense), net(1,704)(644)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Rhythm Pharmaceuticals, Inc.'s single reportable segment — labor and related expense?
Rhythm Pharmaceuticals, Inc. (RYTM) reported single reportable segment — labor and related expense of $58.65M in Q1 2026.
How has Rhythm Pharmaceuticals, Inc.'s single reportable segment — labor and related expense changed year-over-year?
Rhythm Pharmaceuticals, Inc.'s single reportable segment — labor and related expense increased by 68.2% year-over-year, from $34.87M to $58.65M.
What is the long-term trend for Rhythm Pharmaceuticals, Inc.'s single reportable segment — labor and related expense?
Over 3 years (2022 to 2025), Rhythm Pharmaceuticals, Inc.'s single reportable segment — labor and related expense has grown at a 34.6% compound annual growth rate (CAGR), from $70.78M to $172.65M.
What does single reportable segment — labor and related expense mean?
This metric tracks the total compensation, benefits, and payroll-related costs for the workforce dedicated to the company's primary business operations. It reflects the human capital investment required to support ongoing research, development, and commercialization activities. High levels of this expense are typical for biopharmaceutical companies heavily reliant on specialized scientific and professional talent.

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