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Rythm (RYM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Rythm (RYM) reported revenue of $23.0M for the second quarter 2026 (Q2 2026), up 11-fold from a year earlier and +73% from the quarter before. Operating margin was 8.4%, net earnings $1.2M (5.1% of revenue).

Revenue$23.0M
Year over year11×
Quarter over quarter+73%
Operating margin8.4%
Net earnings$1.2M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$23.0M+73%11×
Operating profit$1.9M——
Net earnings$1.2M-94%—
Operating cash flow$8.7M+730%—

What changed

Revenue was $23.0M in Q2 2026, up 1027% year over year and up 73% from the previous quarter. Licensing Revenue was the largest line at 76% of revenue. Licensing Revenue added $17.3M year over year (up 6956%), 82% of the total change.

Gross margin was 80.5%, up 47.1 points from Q2 2025. Operating profit was $1.9M, a 8.4% margin (up 341.3 points year over year). Operating expenses grew 122% against revenue growth of 1027%. Net earnings were $1.2M.

Operating cash flow was $8.7M, 731% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $578K of share-based compensation. Working capital and other items added $3.4M.

Questions

What was Rythm's revenue in the second quarter 2026?

Rythm (RYM) reported revenue of $23.0M for the second quarter 2026 (Q2 2026), up 11-fold from a year earlier and +73% from the quarter before.

Was Rythm profitable in the second quarter 2026?

Operating profit was $1.9M (8.4% of revenue) and net earnings $1.2M.

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Source: Rythm 10-Q on SEC EDGAR.