RYTHM, Inc. (RYM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 19, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RYM SEC filings page.
RYTHM, Inc. (RYM) reported $51.0M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Gross-margin recovery is being absorbed by overhead and financed through external capital rather than operations.
Product economics improved between FY2023 and FY2025, with gross margin nearly doubling, while operating margin remained-187.1% in FY2025. SG&A reached$34.1M in FY2025 versus$11.5M in FY2023, providing the clearest mechanical explanation for why gross-profit improvement did not reach operating earnings.
Cash conversion remains negative: operating cash flow moved from
Short-term coverage improved: the current ratio rose from 0.6x in FY2023 to 1.1x in FY2025. However, FY2025 liabilities of
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of RYTHM, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RYTHM, Inc. held $32.2M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $23.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and RYTHM, Inc. scores 41/100 among other emerging companies.
RYTHM, Inc. had 2M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and RYTHM, Inc. scores 91/100 among other emerging companies.
Not available for RYTHM, Inc., and counted as zero in the overall score.
RYTHM, Inc. reported revenue of $17.3M in fiscal year 2025, against $18K in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and RYTHM, Inc. scores 52/100 among other emerging companies.
RYTHM, Inc.'s operations used $23.5M of cash in fiscal year 2025, against $11.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and RYTHM, Inc. scores 58/100 among other emerging companies.
RYTHM, Inc.'s cash, cash equivalents and investments came to $32.2M at the end of fiscal year 2025, against $93.7M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and RYTHM, Inc. scores 36/100 among other emerging companies.
RYTHM, Inc. scores -4.95, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($48.8M) relative to total liabilities ($93.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
RYTHM, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
RYTHM, Inc. reported a net loss of $33.3M while operations used $23.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
RYTHM, Inc. reported an operating loss of $32.3M against $4.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
RYTHM, Inc. generated $23.0M in revenue in Q2 2026. This represents an increase of 1027.4% from the same quarter a year earlier. Against the prior quarter it is up 73.3%.
RYTHM, Inc.'s EBITDA was $5.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 184.7% from the same quarter a year earlier. Against the prior quarter it is up 1016.8%.
RYTHM, Inc. reported $1.2M in net income in Q2 2026. This represents an increase of 116.1% from the same quarter a year earlier. Against the prior quarter it is down 94.1%.
RYTHM, Inc. earned $0.09 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 93.2%.
Cash & Balance Sheet
RYTHM, Inc. held $41.9M in cash against $80.6M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
RYTHM, Inc.'s gross margin was 80.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 47.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.
RYTHM, Inc.'s operating margin was 8.4% in Q2 2026, reflecting core business profitability. Against the prior quarter it is up 38.8 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
RYTHM, Inc.'s net profit margin was 5.1% in Q2 2026, showing the share of revenue converted to profit. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
RYTHM, Inc.'s ROE was 3.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 38.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 51.4 percentage points.
Capital Allocation
None of these metrics is reported for Q2 2026.
RYM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M+1027.4% | $13.3M+2369.5% | $10.7M | $4.0M+109.0% | $2.0M-31.8% | $538K-79.3% | N/A | $1.9M-38.4% |
| Cost of Revenue | $4.5M+229.8% | $2.9M+544.9% | $2.6M | $2.7M+56.1% | $1.4M-27.2% | $448K-81.6% | N/A | $1.7M-21.1% |
| Gross Profit | $18.5M+2617.9% | $10.4M+11452.2% | $8.0M | $1.4M+511.1% | $682K-39.5% | $90K-45.5% | N/A | $225K-76.9% |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $168K-65.4% |
| SG&A Expenses | $16.6M+121.9% | $14.4M+280.7% | $12.5M | $10.3M+741.2% | $7.5M+1004.9% | $3.8M+144.3% | N/A | $1.2M-71.8% |
| Operating Income | $1.9M+128.5% | -$4.0M-9.0% | -$12.9M | -$8.9M-628.5% | -$6.8M-697.0% | -$3.7M-1148.4% | N/A | -$1.2M+73.4% |
| EBITDA | $5.4M+184.7% | -$591K+82.4% | -$9.3M | -$7.1M-671.0% | -$6.4M-1312.6% | -$3.4M-543.3% | N/A | -$920K+77.3% |
| Interest Expense | $1.7M+215.1% | $1.7M+596.8% | $1.9M | $1.4M | $548K | $250K | N/A | $0+100.0% |
| Income Tax | -$1.2M | -$25.6M | N/A | N/A | N/A | N/A | N/A | -$150K+82.8% |
| Net Income | $1.2M+116.1% | $19.9M+1325.2% | -$13.6M | -$10.7M+42.8% | -$7.4M-147.6% | -$1.6M-138.4% | N/A | -$18.7M-791.5% |
| EPS (Basic) | $0.09+102.4% | $1.53+284.3% | -$6.72+66.3% | -$5.33+69.2% | -$3.74-18.4% | -$0.83-109.0% | -$19.93-2154.6% | -$17.28+9.1% |
| EPS (Diluted) | $0.09 | $1.33 | -$6.72+66.3% | -$5.33 | -$3.74 | -$0.83 | -$19.93 | -$17.28 |
| Diluted Shares (Avg) | 2M | 5M | N/A | 2M | 2M | 2M | N/A | 1M |
RYM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $135.4M+94.9% | $127.5M+179.5% | $106.7M+97.5% | $115.2M+195.6% | $69.5M+76.4% | $45.6M+12.2% | $54.0M+19.3% | $39.0M-9.6% |
| Current Assets | $56.4M+21.6% | $46.3M+70.2% | $47.5M+37.1% | $43.9M+111.3% | $46.4M+123.9% | $27.2M+31.4% | $34.7M+44.5% | $20.8M-2.1% |
| Cash & Equivalents | $41.9M+2.3% | $33.3M+36.2% | $32.2M+3.3% | $35.6M+13425.9% | $41.0M+77175.5% | $24.4M+25635.8% | $31.2M+7082.0% | $263K+70.8% |
| Short-Term Investments | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $4K0.0% |
| Inventory | $2.7M+24.4% | $3.1M+314.8% | $4.0M+709.0% | $4.6M-74.5% | $2.2M-88.0% | $738K-96.0% | $500K-90.0% | $18.1M+2.0% |
| Accounts Receivable | $7.9M+403.8% | $8.4M+2093.4% | $9.3M+30956.7% | $2.6M+686.9% | $1.6M+477.9% | $381K+80.6% | $30K-96.5% | $328K-72.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $9.7M0.0% | $9.7M0.0% | $9.7M0.0% | $9.7M | $9.7M | $9.7M | $9.7M | N/A |
| Total Liabilities | $96.3M+98.5% | $90.9M+383.7% | $93.7M+261.1% | $103.4M+208.8% | $48.5M+57.0% | $18.8M-59.2% | $25.9M-56.8% | $33.5M-47.9% |
| Current Liabilities | $95.5M+444.2% | $90.4M+396.1% | $43.0M+74.1% | $22.1M-20.5% | $17.5M-30.2% | $18.2M-31.8% | $24.7M-40.2% | $27.8M-32.9% |
| Non-Current Liabilities | $824K-97.3% | $592K+0.5% | $50.7M+3942.8% | $81.4M+1320.3% | $31.0M+439.1% | $589K-97.0% | $1.3M-93.3% | $5.7M-75.0% |
| Long-Term Debt | $80.6M+98.5% | $80.6M+659.5% | $5.0M+499900.0% | $8.0M+29.3% | $40.6M+792.2% | $10.6M | $1K-100.0% | $6.2M-67.4% |
| Total Equity | $39.1M+86.5% | $36.6M+36.4% | $13.0M-53.6% | $11.7M+114.8% | $21.0M+146.8% | $26.8M+592.1% | $28.1M+291.0% | $5.5M+125.4% |
| Retained Earnings | -$319.7M-1.0% | -$320.9M-3.8% | -$340.8M-10.9% | -$327.2M-15.5% | -$316.5M-19.7% | -$309.2M-18.2% | -$307.3M-15.7% | -$283.2M-6.3% |
RYM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.7M+202.8% | $1.0M+115.5% | -$3.0M+43.4% | -$5.4M-275.2% | -$8.4M-360.3% | -$6.7M-125.0% | -$5.3M-5.9% | -$1.4M+90.0% |
| Depreciation & Amortization | $3.5M+772.7% | $3.4M+924.7% | $3.6M+1081.1% | $1.8M+498.3% | $399K-0.3% | $336K-17.2% | $307K-28.1% | $300K-42.4% |
| Stock-Based Compensation | N/A | $570K-3.2% | N/A | N/A | N/A | $589K+20.2% | N/A | $300K-40.0% |
| Investing Cash Flow | N/A | N/A | $0+100.0% | -$50.0M-1250100.0% | N/A | N/A | -$394K-603.6% | $4K-100.0% |
| Financing Cash Flow | N/A | N/A | -$337K-100.9% | $50.0M+2948.7% | $30.0M+1586.3% | -$1K-100.0% | $36.6M+582.0% | $1.6M+496.4% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
RYM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.5%+47.1pp | 78.3%+61.5pp | 75.4% | 34.0%+22.4pp | 33.4%-4.2pp | 16.7%+10.4pp | N/A | 11.6%-19.4pp |
| Operating Margin | 8.4% | -30.4% | -121.5% | -219.8% | -332.9% | -687.9% | N/A | -63.1% |
| Net Margin | 5.1% | 150.0% | -127.6% | -263.8% | -360.4% | -302.2% | N/A | -964.4% |
| Return on Equity | 3.0%+38.1pp | 54.5%+60.5pp | -104.5% | -91.0%+250.8pp | -35.1%-0.1pp | -6.1% | N/A | -341.8% |
| Return on Assets | 0.9%+11.5pp | 15.6%+19.2pp | -12.8% | -9.3%+38.6pp | -10.6%-3.0pp | -3.6%-14.0pp | N/A | -47.9%-43.0pp |
| Current Ratio | 0.59-2.1x | 0.51-1.0x | 1.11-0.3x | 1.99+1.2x | 2.64+1.8x | 1.49+0.7x | 1.41+0.8x | 0.75+0.2x |
| Debt-to-Equity | 2.06+0.1x | 2.20+1.8x | 0.38+0.4x | 0.68-0.5x | 1.94+1.4x | 0.40 | 0.00 | 1.13 |
| Asset Turnover | 0.17+0.1x | 0.10+0.1x | 0.10 | 0.040.0x | 0.030.0x | 0.01-0.1x | N/A | 0.050.0x |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| RYTHM, Inc. RYM | FY2025 | $17.3M | -$33.3M | N/A | $48.8M | 46/100 |
| Agrify Corporation AGFY | FY2025 | $17.3M | -$33.3M | N/A | $92.0M | 39/100 |
| Gencor Industries, Inc. GENC | FY2025 | $115.4M | $15.7M | 13.6% | $254.2M | 68/100 |
| Huachen AI Parking Management Technology Holding Co., Ltd. HCAI | FY2025 | $6.6M | -$42.2M | N/A | $5.7M | 22/100 |
| Xos, Inc. XOS | FY2025 | $46.0M | -$25 | 0.0% | $36.8M | 54/100 |
| The Manitowoc Company, Inc. MTW | FY2025 | $2.2B | $7.2M | 0.3% | $806.0M | 36/100 |
Where RYTHM, Inc. Ranks
Frequently Asked Questions
What is RYTHM, Inc.'s annual revenue?
RYTHM, Inc. (RYM) reported $17.3M in total revenue for fiscal year 2025. This represents a 95916.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is RYTHM, Inc.'s revenue growing?
RYTHM, Inc. (RYM) revenue grew by 95916.7% year-over-year, from $18K to $17.3M in fiscal year 2025.
Is RYTHM, Inc. profitable?
No, RYTHM, Inc. (RYM) reported a net income of -$33.3M in fiscal year 2025.
What is RYTHM, Inc.'s EBITDA?
RYTHM, Inc. (RYM) had EBITDA of -$26.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does RYTHM, Inc. have?
As of fiscal year 2025, RYTHM, Inc. (RYM) had $32.2M in cash and equivalents against $5.0M in long-term debt.
What is RYTHM, Inc.'s gross margin?
RYTHM, Inc. (RYM) had a gross margin of 59.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is RYTHM, Inc.'s return on equity (ROE)?
RYTHM, Inc. (RYM) has a return on equity of -255.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is RYTHM, Inc.'s operating cash flow?
RYTHM, Inc. (RYM) recorded an outflow of $23.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are RYTHM, Inc.'s total assets?
RYTHM, Inc. (RYM) had $106.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is RYTHM, Inc.'s current ratio?
RYTHM, Inc. (RYM) had a current ratio of 1.11 as of fiscal year 2025, which is considered adequate.
What is RYTHM, Inc.'s debt-to-equity ratio?
RYTHM, Inc. (RYM) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is RYTHM, Inc.'s return on assets (ROA)?
RYTHM, Inc. (RYM) had a return on assets of -31.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is RYTHM, Inc.'s P/E ratio?
RYTHM, Inc. (RYM) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $48.8M as of Sep 19, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is RYTHM, Inc.'s price-to-sales ratio?
RYTHM, Inc. (RYM) trades at 1.0x sales, its market capitalization divided by revenue of $51.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $48.8M as of Sep 19, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does RYTHM, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, RYTHM, Inc. (RYM) held $32.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $23.5M over that year. Dividing the one by the other, the reported balance equals about 16 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is RYTHM, Inc.'s Altman Z-Score?
RYTHM, Inc. (RYM) has an Altman Z-Score of -4.95, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is RYTHM, Inc.'s Piotroski F-Score?
RYTHM, Inc. (RYM) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are RYTHM, Inc.'s earnings high quality?
RYTHM, Inc. (RYM) reported a net loss of $33.3M while operations used $23.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can RYTHM, Inc. cover its interest payments?
RYTHM, Inc. (RYM) reported an operating loss of $32.3M against $4.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is RYTHM, Inc.?
RYTHM, Inc. (RYM) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.