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Segments

By segment

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Single reportable segment$60.11M+83.8%

By product

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License revenue$0+100%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues:
Product revenue, net$60,112$37,718
License revenue(5,014)
Total revenues60,11232,704
Costs and expenses:
Cost of sales7,1573,648
Research and development41,72536,973
Selling, general, and administrative63,59139,087

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Rhythm Pharmaceuticals, Inc.'s total revenue?
Rhythm Pharmaceuticals, Inc. (RYTM) reported total revenue of $60.11M in Q1 2026.
How has Rhythm Pharmaceuticals, Inc.'s total revenue changed year-over-year?
Rhythm Pharmaceuticals, Inc.'s total revenue increased by 83.8% year-over-year, from $32.7M to $60.11M.
What is the long-term trend for Rhythm Pharmaceuticals, Inc.'s total revenue?
Over 4 years (2021 to 2025), Rhythm Pharmaceuticals, Inc.'s total revenue has grown at a 178.5% compound annual growth rate (CAGR), from $3.15M to $189.76M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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