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RYTM Financials Rhythm Pharmaceuticals, Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 178.5% per year over the past 5 years.

Financial health

  • Total debt ($108M) exceeds cash ($54M); net debt is $54M.
  • Total debt has grown slower than revenue (1.0% vs 178.5% per year).
  • Operating income covered interest expense -9.3× in the latest year.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$141M $25M $190M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-5392% -2650% 91% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$174M -$87M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $64M $128M 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$173M $22M $218M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $190M -$196539 89.7% -101.2% -$117M $108M $54M
2024 $130M -$260602 89.7% -204.0% -$114M $110M $89M
2023 $77M -$184678 88.0% -238.1% -$136M $106M $60M
2022 $24M -$181119 91.0% -757.9% -$174M $128M
2021 $3M -$69612 81.0% -5391.9% -$146M $59M
2020 -$134M -$122M $101M
2019 -$141M -$126M $62M
2018 -$74M -$63M $50M
2017 -$34M -$30M $34M

Valuation over time

How the market has priced RYTM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 66.6 133.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is RYTM growing its revenue and profit?

Over the past 5 years, Rhythm Pharmaceuticals, Inc.'s revenue has grown 178.5% per year. These are computed facts, not advice.

How much debt does RYTM have?

As of FY2025, Rhythm Pharmaceuticals, Inc. reported $108M of total debt against $54M of cash; operating income covered interest expense -9.3×.

What is RYTM's profit margin?

In FY2025, gross margin was 89.7%, operating margin -101.2%, and net margin -0.1%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.