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Filing Flows › Rythm (RYM) › Q2 2026 › vs Q2 2025

Rythm (RYM) Q2 2026 vs Q2 2025 (year over year)

Rythm's revenue rose $21.0M (11×) from $2.0M in Q2 2025 to $23.0M in Q2 2026. The biggest changes: Licensing Revenue +$17.3M (71×); Non-licensing Revenue +$3.7M (+208%).

Rythm, Q2 2026: revenue $23.0M (11× year over year), operating margin 8.4%, net earnings $1.2M, operating cash flow $8.7M. The chart draws each line against Q2 2025, the increases inside each band.

Rythm: what changed, Q2 2026 vs Q2 2025Rythm: what changed, Q2 2026 vs Q2 2025Licensing Revenue$17.3MOperating cash sources$17.1MOperating cash flow$17.1MCosts & expenses$14.8MOperating costs$12.2MOperating expenses$9.1MNet earnings$8.5MWorking capital & other$5.4MNon-licensing Revenue$3.7MCost of revenue$3.1M

Every line

LineQ2 2026Q2 2025Change%
Licensing Revenue$17.5M$248K$17.3M71×
Non-licensing Revenue$5.5M$1.8M$3.7M+208%
Revenue$23.0M$2.0M$21.0M11×
Income tax benefit$1.2M−$155K$1.4M—
Costs & expenses$24.2M$9.4M$14.8M+158%
Operating costs$21.1M$8.8M$12.2M+139%
Interest & other, net$2.0M$407K$1.6M+381%
Net earnings$1.2M−$7.4M$8.5M—
Cost of revenue$4.5M$1.4M$3.1M+230%
Operating expenses$16.6M$7.5M$9.1M+122%
Operating cash sources$8.7M−$8.4M$17.1M—
Depreciation & amortization$3.5M$399K$3.1M+773%
Share-based compensation$578K$515K$63K+12%
Working capital & other$3.4M−$2.0M$5.4M—
Operating cash flow$8.7M−$8.4M$17.1M—

Questions

How much did Rythm's revenue grow year over year in Q2 2026?

Rythm's revenue rose $21.0M (11×) from $2.0M in Q2 2025 to $23.0M in Q2 2026.

What drove Rythm's revenue change in Q2 2026?

Licensing Revenue +$17.3M (71×); Non-licensing Revenue +$3.7M (+208%).

Q2 2026 results → · Compare in the interactive Sankey →