RHYTHM PHARMACEUTICALS, INC.

EDGAR

Annual consolidated revenue for 2025: about USD 189.8M, using the latest reported figures. The previous period, 2024, was about USD 130.1M.

Watchlist

Latest quarter

Revenue

71.3 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-68.14%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -48552000 USD Source
  • Revenue: 71255000 USD Source

Operating cash flow

-9.15 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -53337000 USD Source
  • Operating Cash Flow: -44185000 USD Source
Cash and cash equivalents
65.6 million USD Source
Exact value

65614000 USD

Long-term debt including current maturities
73 million Unit_Standard_USD_YUZw9oaSjkaaldO89Uhl5A Source
Exact value

72961000 Unit_Standard_USD_YUZw9oaSjkaaldO89Uhl5A

Shares outstanding
68.8 million shares Source
Exact value

68816868 shares

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-04.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: 2 of 11 periods available· newest 2025-12-31
  • Total liabilities: 2 of 11 periods available· newest 2025-12-31
  • Current assets: 2 of 11 periods available· newest 2025-12-31
  • Current liabilities: 2 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 2 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +45.8%

    Prior period

    USD 130.13 million

    –

    Current period

    USD 189.76 million

    –

    Exact inputs and evidence

    189757000 − 130126000 = 59631000 USD

    130126000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    189757000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    +USD 64.06 million

    Prior period

    −USD 260.6 million

    –

    Current period

    −USD 196.54 million

    –

    Exact inputs and evidence

    -196539000 − -260602000 = 64063000 USD

    -260602000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -196539000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    −USD 1.8 million

    Prior period

    −USD 113.88 million

    –

    Current period

    −USD 115.68 million

    –

    Exact inputs and evidence

    -115675000 − -113879000 = -1796000 USD

    -113879000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -115675000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    +USD 953,000

    Prior period

    USD 0

    –

    Current period

    USD 953,000

    –

    Exact inputs and evidence

    953000 − 0 = 953000 USD

    0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    953000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 189.76 million 100% of revenue
  • Cost of revenue USD 19.49 million 10% of revenue
  • Operating expenses USD 362.28 million 191% of revenue
  • Operating income −USD 192.02 million −101% of revenue
  • Tax, interest and other Derived USD 4.52 million 2.4% of revenue
  • Net income −USD 196.54 million −104% of revenue

Cash

  • Operating cash flow −USD 115.68 million −61% of revenue
  • Capital expenditure USD 953,000 0.5% of revenue
  • Free cash flow Derived −USD 116.63 million −61% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Operating loss: operating costs were 338% of revenue.
  • 2024 Operating loss: operating costs were 304% of revenue.
  • 2025 Operating loss: operating costs were 201% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-3177428000 261785000 Derived -184357000 321000 Derived -184678000 -136204000 Derived
Source
2024 2024-01-01 – 2024-12-31130126000 395629000 Derived -265503000 -4901000 Derived -260602000 -113879000 Derived
Source
2025 2025-01-01 – 2025-12-31189757000 381773000 Derived -192016000 4523000 Derived -196539000 -116628000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 189.8M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.204.9M153.7M102.5M51.2M0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Revenue77428000
2024Revenue130126000
2025Revenue189757000

Revenue growth

Change in revenue from the same financial period one year earlier.

45.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74%55%37%18%0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year68.1%
2025Year over year45.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -101.2% 2025
Net margin -103.6% 2025
Free cash flow margin -61.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19%-50%-119%-188%-258%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin-238.1%
2024Operating margin-204%
2025Operating margin-101.2%
2023Net margin-238.5%
2024Net margin-200.3%
2025Net margin-103.6%
2023Free cash flow margin-175.9%
2024Free cash flow margin-87.5%
2025Free cash flow margin-61.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -115.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.9M-28.6M-68.1M-107.6M-147.0M202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Operating cash flow-136157000
2024Operating cash flow-113879000
2025Operating cash flow-115675000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -116.6M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.9M-28.6M-68.1M-107.6M-147.1M202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Free cash flow-136204000
2024Free cash flow-113879000
2025Free cash flow-116628000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

43.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.63%47%31%16%0%2023-12-3120242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024Liabilities / assets58.1%
2025Liabilities / assets43.8%

Current assets to current liabilities

Current assets divided by current liabilities.

4.41× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.76×3.57×2.38×1.19×0.00×2023-12-3120242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024Current assets / current liabilities3.24×
2025Current assets / current liabilities4.41×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
−USD 184.68 million
Exact value

Exact value: -184678000 USD

2023-01-01 – 2023-12-31: -184678000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 136.16 million
Exact value

Exact value: -136157000 USD

2023-01-01 – 2023-12-31: -136157000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 47,000
Exact value

Exact value: 47000 USD

2023-01-01 – 2023-12-31: 47000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 136.2 million
Calculation and evidence

-136157000 − 47000 USD

Exact free cash flow: -136204000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2024 2024-01-01 – 2024-12-31
−USD 260.6 million
Exact value

Exact value: -260602000 USD

2024-01-01 – 2024-12-31: -260602000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 113.88 million
Exact value

Exact value: -113879000 USD

2024-01-01 – 2024-12-31: -113879000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 0
Exact value

Exact value: 0 USD

2024-01-01 – 2024-12-31: 0 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 113.88 million
Calculation and evidence

-113879000 − 0 USD

Exact free cash flow: -113879000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2025 2025-01-01 – 2025-12-31
−USD 196.54 million
Exact value

Exact value: -196539000 USD

2025-01-01 – 2025-12-31: -196539000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 115.68 million
Exact value

Exact value: -115675000 USD

2025-01-01 – 2025-12-31: -115675000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 953,000
Exact value

Exact value: 953000 USD

2025-01-01 – 2025-12-31: 953000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 116.63 million
Calculation and evidence

-115675000 − 953000 USD

Exact free cash flow: -116628000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

67 filings · 4,592 latest values · 4,592 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001649904, 1649904, RYTM, edgar:1649904

Also known as RHYTHM METABOLIC, INC., RHYTHM PHARMACEUTICALS, INC., RHYTHM PHARMACEUTICALS, INC.