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Rythm (RYM) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 3, 2026

Rythm (RYM) reported revenue of $10.7M for the fourth quarter 2025 (Q4 2025), +395% from a year earlier and +164% from the quarter before. Operating margin was -121.5%, net loss $13.6M (127.6% of revenue).

Revenue$10.7M
Year over year+395%
Quarter over quarter+164%
Operating margin-121.5%
Net earnings−$13.6M

Rythm, Q4 2025: revenue $10.7M (+395% year over year), operating margin -121.5%, net loss $13.6M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$10.7M+164%+395%
Operating profit−$12.9M——
Net earnings−$13.6M——
Operating cash flow−$3.0M——

What changed

Revenue was $10.7M in Q4 2025, up 395% year over year and up 164% from the previous quarter. License was the largest line at 66% of revenue.

Gross margin was 75.5%. Operating costs exceeded revenue by $12.9M, an operating margin of -121.5%. The quarter ended with a net loss of $13.6M, wider than the previous quarter's $10.7M loss.

Operating cash flow was −$3.0M. Non-cash charges added back $3.6M of depreciation and amortization and $545K of share-based compensation. Working capital and other items added $6.4M.

Questions

What was Rythm's revenue in the fourth quarter 2025?

Rythm (RYM) reported revenue of $10.7M for the fourth quarter 2025 (Q4 2025), +395% from a year earlier and +164% from the quarter before.

Was Rythm profitable in the fourth quarter 2025?

Operating loss was $12.9M (-121.5% of revenue) and net loss $13.6M.

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Source: Rythm 10-K on SEC EDGAR.