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Rhythm Pharmaceuticals (RYTM) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

Rhythm Pharmaceuticals (RYTM) reported revenue of $92.1M for the third quarter 2026 (Q3 2026), +80% from a year earlier and +29% from the quarter before. Operating margin was -42.6%, net loss $41.4M (44.9% of revenue).

Revenue$92.1M
Year over year+80%
Quarter over quarter+29%
Operating margin-42.6%
Net earnings−$41.4M

Rhythm Pharmaceuticals, Q3 2026: revenue $92.1M (+80% year over year), operating margin -42.6%, net loss $41.4M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$92.1M+29%+80%
Operating profit−$39.3M——
Net earnings−$41.4M——
Operating cash flow−$3.1M——

What changed

Revenue was $92.1M in Q3 2026, up 80% year over year and up 29% from the previous quarter.

Operating costs exceeded revenue by $39.3M, an operating margin of -42.6%. Total costs grew 26% against revenue growth of 80%. The fastest-growing cost line was Cost of revenue (+121%). The quarter ended with a net loss of $41.4M, narrower than the previous quarter's $49.3M loss.

Operating cash flow was −$3.1M. Non-cash charges added back $25.0M of share-based compensation. Working capital and other items added $13.3M.

Questions

What was Rhythm Pharmaceuticals' revenue in the third quarter 2026?

Rhythm Pharmaceuticals (RYTM) reported revenue of $92.1M for the third quarter 2026 (Q3 2026), +80% from a year earlier and +29% from the quarter before.

Was Rhythm Pharmaceuticals profitable in the third quarter 2026?

Operating loss was $39.3M (-42.6% of revenue) and net loss $41.4M.

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Source: Rhythm Pharmaceuticals 10-Q on SEC EDGAR.