RYTM · XBRL financial data
Rhythm Pharmaceuticals financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (RYTM's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 24* | 26 | 29 | 33 | 42* | 33 | 49 | 51 | 57* | 60 | 71 | 92 |
| Cost of goods and services sold | 3* | 3 | 3 | 4 | 4* | 4 | 6 | 5 | 5* | 7 | 9 | 12 |
| Research and development | 30* | 129 | 30 | 38 | 41* | 37 | 42 | 46 | 42* | 42 | 43 | 52 |
| Selling, general and administrative | 32* | 34 | 36 | 35 | 38* | 39 | 46 | 52 | 57* | 64 | 67 | 67 |
| Operating income (loss) | (41)* | (140) | (40) | (44) | (41)* | (47) | (45) | (53) | (47)* | (52) | (49) | (39) |
| Interest expense | 5* | 5 | 5 | 5 | 5* | 5 | 6 | 5 | 5* | 5 | 5 | 4 |
| Other income (expense) | 1* | 1 | 0 | 1 | (0)* | (1) | 2 | 0 | 0* | (2) | 1 | (0) |
| Income tax expense (benefit) | 0* | 0 | 0 | (0) | (0)* | 0 | 0 | 0 | (0)* | 1 | 0 | 1 |
| Net income (loss) | (42)* | (141) | (32) | (44) | (43)* | (49) | (47) | (53) | (48)* | (56) | (49) | (41) |
| Earnings per share, basic USD per share | (0.70)* | (2.35) | (0.55) | (0.73) | (0.70)* | (0.81) | (0.75) | (0.82) | (0.71)* | (0.83) | (0.73) | (0.61) |
| Earnings per share, diluted USD per share | (0.70)* | (2.35) | (0.55) | (0.73) | (0.70)* | (0.81) | (0.75) | (0.82) | (0.71)* | (0.83) | (0.73) | (0.61) |
| Weighted average shares, basic millions of shares | 59* | 60 | 61 | 61 | 62* | 63 | 64 | 66 | 67* | 68 | 69 | 69 |
| Weighted average shares, diluted millions of shares | 59* | 60 | 61 | 61 | 62* | 63 | 64 | 66 | 67* | 68 | 69 | 69 |
Balance sheet
CSVFiscal quarters (RYTM's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 60 | 53 | 162 | 48 | 89 | 106 | 136 | 52 | 54 | 62 | 66 | 40 |
| Short-term investments | 216 | 148 | 157 | 251 | 231 | 208 | 155 | 364 | 335 | 278 | 265 | 281 |
| Accounts receivable | 15 | 15 | 18 | 19 | 19 | 18 | 26 | 33 | 26 | 34 | 40 | 39 |
| Inventory | 9 | 9 | 12 | 14 | 19 | 19 | 19 | 22 | 26 | 29 | 31 | 31 |
| Prepaid and other current assets | 9 | 11 | 9 | 9 | 16 | 18 | 25 | 24 | 26 | 27 | 25 | 28 |
| Total current assets | 308 | 236 | 357 | 340 | 374 | 369 | 361 | 495 | 467 | 430 | 427 | 419 |
| Property and equipment, net | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 |
| Right-of-use asset | 1 | 1 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Total assets | 333 | 259 | 382 | 364 | 392 | 387 | 373 | 507 | 480 | 442 | 437 | 443 |
| Accounts payable | 5 | 8 | 5 | 5 | 12 | 12 | 16 | 14 | 14 | 12 | 16 | 11 |
| Accrued liabilities | 48 | 45 | 48 | 55 | 63 | 59 | — | — | 84 | — | — | — |
| Current portion of long-term debt | — | — | — | — | 2 | 2 | 4 | 6 | 7 | 10 | 13 | 15 |
| Total current liabilities | 55 | 54 | 55 | 98 | 116 | 112 | 129 | 104 | 106 | 103 | 124 | 151 |
| Long-term debt | 106 | — | — | — | 108 | 108 | 106 | 103 | 101 | 98 | 93 | 88 |
| Lease liability, non-current | 0 | 0 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Total liabilities | 163 | 197 | 202 | 211 | 228 | 224 | 239 | 211 | 210 | 205 | 220 | 242 |
| Accumulated deficit | (895) | (1,036) | (1,068) | (1,112) | (1,155) | (1,205) | (1,251) | (1,304) | (1,352) | (1,408) | (1,457) | (1,498) |
| Total stockholders' equity | 170 | 62 | 39 | 11 | 22 | 19 | (12) | 149 | 139 | 123 | 103 | 88 |
| Total liabilities and equity | 333 | 259 | 382 | 364 | 392 | 387 | 373 | 507 | 480 | 442 | 437 | 443 |
| Common shares outstanding (cover page) millions of shares | 60 | 61 | 61 | 61 | 63 | 64 | 66 | 67 | 68 | 69 | 69 | 69 |
Cash flows
CSVFiscal quarters (RYTM's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (42)* | (141) | (32) | (44) | (43)* | (49) | (47) | (53) | (48)* | (56) | (49) | (41) |
| Stock-based compensation | 9* | 8 | 10* | 11* | 11* | 13 | 16* | 19* | 19* | 23 | 26* | 25* |
| Depreciation and amortization | year only | — | — | — | year only | — | — | — | year only | — | — | — |
| Net cash from operating activities | (29)* | (41) | (29)* | (25)* | (19)* | (40) | (23)* | (27)* | (25)* | (44) | (9)* | (3)* |
| Purchases of property and equipment | (0)* | — | — | — | year only | — | — | — | 1* | — | — | — |
| Net cash from investing activities | 23* | 30 | (9)* | (91)* | 21* | 25 | 54* | (246)* | 30* | 57 | 14* | (16)* |
| Proceeds from issuing common stock | 0* | — | — | — | year only | 34 | 0* | 0* | 0* | 0 | 0* | 0* |
| Proceeds from long-term debt | 0* | — | — | — | year only | — | — | — | year only | — | — | — |
| Repayments of long-term debt | 3* | 3 | 3* | 3* | 4* | 5 | 4* | 6* | 5* | 4 | 7* | 8* |
| Net cash from financing activities | 2* | 4 | 146* | 2* | 38* | 32 | (1)* | 189* | (3)* | (5) | (1)* | (6)* |
| Net change in cash | (5)* | (7) | 108* | (114)* | 42* | 17 | 30* | (83)* | 2* | 8 | 3* | (25)* |
Compare with peers
SIC 2834 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 2834 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Rhythm Pharmaceuticals | 40 | 92 | (3.1)* | 69.3M | 16.9 quarters | 10-QSep 30, 2026 |
| Vaxcyte | 183 | not reported | (232)* | 148.8M | 6.4 quarters | 10-QJun 30, 2026 |
| Dynavax Technologies | 160 | 95 | 34* | 117.4M | — | 10-QSep 30, 2025 |
| PERRIGO | 400 | 1,023 | 83* | 138.8M | — | 10-QJun 27, 2026 |
| Soleno Therapeutics | 133 | not reported | 26 | 52.1M | — | 10-QMar 31, 2026 |
| Adma Biologics | 136 | 124 | 30* | 224.0M | — | 10-QJun 30, 2026 |
| Ultragenyx Pharmaceutical | 125 | 214 | (97)* | 98.6M | 3.0 quarters | 10-QJun 30, 2026 |
| Avidity Biosciences | 383 | 0.9* | (170)* | 155.1M | 2.3 quarters | 10-KDec 31, 2025 |
| Lantheus Holdings | 593 | 388 | 92* | 65.3M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.