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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
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
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$60M
-$56M
88.1%
-87.1%
—
$108M
$62M
Dec '25
$57M
-$48M
91.6%
-82.2%
—
$108M
$54M
Sep '25
$51M
-$53M
89.3%
-102.6%
—
$109M
$52M
Jun '25
$49M
-$47M
88.6%
-93.4%
—
$110M
$136M
Mar '25
$33M
-$49M
88.8%
-143.7%
—
$110M
$106M
Dec '24
$42M
-$43M
90.9%
-98.6%
—
$110M
$89M
Sep '24
$33M
-$44M
88.5%
-132.0%
—
—
$48M
Jun '24
$29M
-$32M
89.9%
-139.2%
—
—
$162M
Mar '24
$26M
-$141M
89.2%
-538.7%
—
—
$53M
Dec '23
$24M
-$42M
86.7%
-170.3%
-$29M
$106M
$60M
Sep '23
$23M
-$44M
89.3%
-195.3%
-$29M
—
$65M
Jun '23
—
-$47M
—
—
-$41M
—
$116M
Mar '23
—
-$52M
—
—
-$36M
—
$110M
Dec '22
—
-$42M
—
—
-$34M
—
$128M
Sep '22
—
-$41M
—
—
-$47M
$73M
$185M
Jun '22
—
-$45M
—
—
-$39M
$34M
$113M
Mar '22
—
-$53M
—
—
-$54M
—
$79M
Dec '21
—
-$43M
—
—
-$41M
—
$59M
Sep '21
—
-$35M
—
—
-$40M
—
$92M
Jun '21
—
-$35M
—
—
-$32M
—
$69M
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.
The price-to-sales ratio has fallen from 51.8× (Mar '23) to 39.1× (Jun '26).
Price / sales (P/S)
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.