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Rhythm Pharmaceuticals, Inc. (RYTM) Stock: Price, Forecast & Analyst Target

Rhythm Pharmaceuticals, Inc. (RYTM) — MoonshotScore 26/100 (Weak band), calculated Oct 4, 2026. Price $92.83 (-0.62%), as of the Oct 2, 2026 trading session; market cap $6.37B. Expected results Nov 3, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 19.25× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 3, 2026

$92.83 −$0.58 (-0.62%) Market Cap $6.37B

Rhythm Pharmaceuticals, Inc. · RYTM · NASDAQ · Healthcare · Biotechnology

Research dated 2026-09-13: Rhythm Pharmaceuticals operates as a commercial-stage biotechnology business selling a targeted therapy for rare genetic obesity disorders. Success hinges on whether the company can expand approvals for its sole commercial drug to cover a wider spectrum of genetic weight conditions before its substantial cash reserves dwindle.

Price as of Oct 2, 2026

Key Statistics

26 of 100

MoonshotScore v2 · Rhythm Pharmaceuticals (RYTM)

Weak
Business Quality Thin (34)
Financial Safety Okay (53)
Valuation Full (41)
Growth Durability Growing (64)
Momentum Quiet (59)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Weak quality, though the balance sheet is only middling. Business Quality: Thin; Financial Safety: Okay; Valuation: Full; Growth Durability: Growing; Momentum: Quiet.

  • quarterly revenue $71M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 4 of 8
  • Altman Z 12.68 · Piotroski F 3

Holding back: weak fundamentals

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for RYTM (29 recorded, newest six shown)
RecordedScoreBand
26Weak
26Weak
26Weak
26Weak
26Weak
26Weak

The score was 26 in the stored Oct 3, 2026 snapshot and remains 26 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Momentum +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$92.83
Change on the day-0.62%
52-week range$74.50 – $122.20
Market capitalisation$6.37B
Price / earnings (trailing)-77.70
Shares traded on the day503.5K
Beta (volatility vs the S&P 500)1.97

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $76, high $116, latest $93. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $116 $76 high $116 Nov 4, 2025 · Earnings results · reported below the recorded estimate · close $1001Feb 26, 2026 · Earnings results · reported above the recorded estimate · close $932May 5, 2026 · Earnings results · reported above the recorded estimate · close $943Aug 4, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $1164Aug 4, 2026 · Earnings results · reported above the recorded estimate · close $1165 Sep 5, 2025 Oct 2, 2026 · $93 $102Sep 5, 2025$96Sep 19, 2025$99Oct 3, 2025$110Oct 17, 2025$114Oct 31, 2025$99Nov 14, 2025$109Nov 28, 2025$114Dec 12, 2025$110Dec 26, 2025$101Jan 9, 2026$103Jan 23, 2026$104Feb 6, 2026$100Feb 20, 2026$94Mar 6, 2026$87Mar 20, 2026$86Apr 2, 2026$89Apr 17, 2026$82May 1, 2026$91May 15, 2026$88May 29, 2026$88Jun 12, 2026$110Jun 26, 2026$108Jul 10, 2026$102Jul 24, 2026$116Aug 7, 2026$110Aug 21, 2026$103Sep 4, 2026$98Sep 18, 2026$93Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We anticipate IMCIVREE approval for acquired HO and launch in Japan by year-end 2026.

    Yann Mazabraud · Statement from

  • We ended the second quarter with approximately $331 million in cash, cash equivalents and short-term investments, which we continue to expect will be sufficient to fund planned operations for at least 24 months.

    Hunter Smith · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for Rhythm Pharmaceuticals (RYTM): Split View

36/100 · D

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Moderate
Momentum Neutral
Business Quality Weak
Financial Safety Neutral
Valuation Neutral

Legends Council

4 lenses, 4 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Oct 4, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Weak
Revenue Growth Strong
Debt/Equity Neutral
ROE Negative
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

One of these lenses reads this company more favourably than the MoonshotScore does: Dalio-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the RYTM film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Rhythm Pharmaceuticals (RYTM), and what does it report?

Short answer · as of

A biotechnology classification often implies a speculative pipeline bet with no current sales, but Rhythm operates as a commercial entity generating product revenue.

Research dated 2026-09-13.

A biotechnology classification often implies a speculative pipeline bet with no current sales, but Rhythm operates as a commercial entity generating product revenue. The business sells a highly specialized treatment for weight conditions stemming from specific genetic deficits.

Consequently, the income statement tracks the adoption curve of this medication among a narrow patient population, weighed against the costs of funding clinical trials to expand the label into related genetic disorders.

Sources (as of 2026-09-13): Sector / industry (provider taxonomy); Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Rhythm Pharmaceuticals (RYTM)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $71M.

Research dated 2026-09-13.

The most recent income statement shows consecutive sequential revenue growth alongside sustained operating losses. Gross profitability remains notably high, typical of specialized therapeutics, but the cost of commercial operations and ongoing research exceeds total sales.

The expansion in revenue points to widening adoption of its approved medication, yet management continues to guide for heavy operating expenditures focused on global market launches and further clinical research.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$71.25M Jun 30, 2026
Latest quarter · R&D
$43.43M Jun 30, 2026
Latest quarter · SG&A
$67.45M Jun 30, 2026
Latest quarter · FMP standardized operating result
−$48.55M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$71.25M$43.43M$67.45M−$48.55M
Mar 31, 2026$60.11M$41.73M$63.59M−$52.36M
Dec 31, 2025$57.25M$42.03M$57.48M−$47.06M
Sep 30, 2025$51.30M$46.03M$52.43M−$52.65M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$71.25M Aug 4, 2026
Latest report · revenue estimate
$67.66M Aug 4, 2026
Latest report · revenue vs estimate
Above estimate Aug 4, 2026
Latest report · EPS vs estimate
Above estimate Aug 4, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 4, 2026$71.25M$67.66M−$0.7300−$0.8072
May 5, 2026$60.11M$55.78M−$0.8300−$0.8600
Feb 26, 2026$57.25M$56.21M−$0.7300−$0.7900
Nov 4, 2025$51.30M$55.98M−$0.8200−$0.7200

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$71M-$49M-$0.73 (diluted)
Q1 FY2026$60M-$56M-$0.83 (diluted)
Q4 FY2025$57M-$48M-$0.73 (diluted)
Q3 FY2025$51M-$53M-$0.82 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Rhythm Pharmaceuticals (RYTM)?

Short answer

Cash and short-term investments were $330.90M at the Jun 30, 2026 balance-sheet date. Operating cash flow was −$53.34M for the quarter ended Jun 30, 2026, meaning operations used cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

The balance sheet carries minimal debt compared to a substantial holding of cash and short-term investments. This liquidity pool provides a deep runway to fund the current rate of operating cash outflows, giving the clinical teams time to pursue label expansions.

The primary risk lies in the heavy concentration on a solitary active compound; any setback in ongoing trials or commercial uptake would directly impact the entire revenue profile and accelerate cash depletion.

Sources (as of 2026-09-13): Cash, investments and debt; Cash runway cross-check (ours); Cash and short-term investments over time (USD millions); Business description

Data-derived red flags

  • Negative return on equity (-80.5%) — the business is not currently generating profit on shareholder capital.
  • Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
−$53.34M Jun 30, 2026
Previous quarter · operating cash flow
−$44.18M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026−$53.34M$0.00
Mar 31, 2026−$44.18M$0.00
Dec 31, 2025−$25.39M−$950,000
Sep 30, 2025−$26.62M$0.00

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Rhythm Pharmaceuticals (RYTM)?

Short answer · as of

The next earnings report is expected on Nov 3, 2026.

Research dated 2026-09-13.

Market attention now turns to upcoming regulatory decisions and international expansion efforts, particularly expected approvals in Asian markets.

Investors will monitor the next quarterly filing to see if the sequential revenue growth trend holds against analyst projections of rapid commercial scaling. Additionally, the pace of operating cash consumption will be scrutinized against management expense guidance to ensure the existing liquidity buffer remains sufficient.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Next earnings report; Analyst revenue and earnings estimates (average); Operating cash flow by quarter (USD millions)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We anticipate IMCIVREE approval for acquired HO and launch in Japan by year-end 2026.

    Yann Mazabraud ·

  2. We ended the second quarter with approximately $331 million in cash, cash equivalents and short-term investments, which we continue to expect will be sufficient to fund planned operations for at least 24 months.

    Hunter Smith ·

  3. We now anticipate approximately $363 million to $397 million in non-GAAP operating expenses for 2026 comprised of non-GAAP R&D expenses of $175 million to $195 million and non-GAAP SG&A expenses of $188 million to $202 million.

    Hunter Smith ·

5 · Peer comparison

How does Rhythm Pharmaceuticals compare with its peers?

Short answer

Rhythm Pharmaceuticals's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Unlike early-stage pharmaceutical ventures reliant entirely on future pipeline success, this business manages a live commercial rollout while simultaneously conducting mid-stage trials for the same compound.

The focus on ultra-rare genetic pathways for obesity sets it apart from major pharmaceutical firms developing broad-market weight loss treatments. Here, the target patient population is inherently small, meaning revenue growth depends on accurate genetic screening and high treatment pricing rather than mass-market volume.

Sources (as of 2026-09-13): Business description; Revenue by segment; Analyst revenue and earnings estimates (average); Annual revenue and net result (USD millions)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Krystal Biotech, Inc. (KRYS) Same industry, near in market value$322.28 Oct 2, 2026$9.54B97 5-pillar Oct 4, 2026
Ligand Pharmaceuticals Incorporated (LGND) Same industry, near in market value$302.96 Oct 2, 2026$6.07B96 5-pillar Oct 4, 2026
Caris Life Sciences, Inc. (CAI) Same industry, near in market value$28.30 Oct 2, 2026$8.00B89 5-pillar Oct 4, 2026
Protagonist Therapeutics, Inc. (PTGX) Named competitor$140.06 Oct 2, 2026$9.01B76 5-pillar Oct 4, 2026
Belite Bio, Inc. (BLTE) Same industry, near in market value$159.56 Oct 2, 2026$6.40B69 5-pillar Oct 4, 2026
Oruka Therapeutics, Inc. (ORKA) Same industry, near in market value$84.52 Oct 2, 2026$5.10B68 5-pillar Oct 4, 2026
Edgewise Therapeutics, Inc. (EWTX) Same industry, near in market value$41.40 Oct 2, 2026$4.45B66 5-pillar Oct 4, 2026
TG Therapeutics, Inc. (TGTX) Same industry, near in market value$54.29 Oct 2, 2026$8.31B65 5-pillar Oct 4, 2026
Alkermes plc (ALKS) Same industry, near in market value$41.75 Oct 2, 2026$7.00B64 5-pillar Oct 4, 2026
Veradermics, Incorporated (MANE) Same industry, near in market value$116.76 Oct 2, 2026$4.88B64 5-pillar Oct 4, 2026
Erasca, Inc. (ERAS) Same industry, near in market value$14.74 Oct 2, 2026$5.12B62 5-pillar Oct 4, 2026
Revolution Medicines, Inc. (RVMD) Named competitor$206.64 Oct 2, 2026$43.9B56 5-pillar Oct 4, 2026
Rhythm Pharmaceuticals (RYTM) — this page$92.83$6.37B26

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Healthcare stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$120.00 – $160.00
Consensus target
$143.83
Median target
$147.50

Consensus record · Captured .

Measured against a quoted price of $92.83 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 14, 2026

Transactions
69
Identified insiders
13
Purchases
0
Sales
22
Other transactions
47

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Reporting holders
313 Period end Jun 30, 2026
Previous quarter · holders
291 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Ra Capital Management, L.P.6,666,837
Blackrock, INC.6,156,902
Baker Bros. Advisors LP5,604,483
Primecap Management Co/Ca/3,168,853
Vanguard Portfolio Management LLC3,136,895

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Rhythm Pharmaceuticals (RYTM)?

Read these with our analysis →

Common Questions About RYTM (Healthcare)

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

Does the revenue mix rely entirely on IMCIVREE?

The income statement attributes all generated revenue to product sales of this specific therapy. The business currently lacks secondary commercial products, tying its entire financial performance to the continued adoption of its lead compound.

Sources (as of 2026-09-13): Business description; Revenue by segment; Annual revenue and net result (USD millions)

How does the company fund its ongoing clinical trials for rare genetic obesity?

Operations and research are financed by drawing down a large reserve of cash and short-term investments, which management maintains is sufficient for multiple future reporting periods. While product revenue is growing rapidly, it remains insufficient to cover the total costs of commercialization and pipeline expansion.

Sources (as of 2026-09-13): Cash, investments and debt; Cash runway cross-check (ours); Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Are insiders currently building larger positions in the stock?

Recent regulatory filings show executives disposing of more shares than they are acquiring on the open market. These transactions include routine dispositions related to equity awards alongside exempt liquidations, resulting in a net reduction of insider holdings over the recent observation window.

Sources (as of 2026-09-13): Insider transactions, last 180 days; What the sources do not tell us; Named officers

What clinical or commercial milestones is management targeting next?

Executives project an upcoming regulatory approval for acquired hypothalamic obesity, alongside a targeted market launch in Japan. These milestones are intended to broaden the addressable patient base for the existing therapy without requiring an entirely new drug discovery process.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Business description; Next earnings report

What is the RYTM stock price today?

The last price recorded on this page for Rhythm Pharmaceuticals, Inc. (RYTM) is $92.83, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the RYTM price target?

The analyst consensus price target for Rhythm Pharmaceuticals, Inc. (RYTM) is $143.83 (range $120.00 to $160.00, median $147.50), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Cash, investments and debt; Cash runway cross-check (ours)

Sources — records for every figure on this page (82 figures)

The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsYann Mazabraud (Aug 4, 2026): We anticipate IMCIVREE approval for acquired HO and launch in Japan by year-end 2026. Hunter Smith (Aug 4, 2026): We ended the second quarter with approximately $331 million in cash, cash equivalents and short-term investments, which we continue to expect will be sufficient to fund planned operations for at least 24 months. Hunter Smith (Aug 4, 2026): We now anticipate approximately $363 million to $397 million in non-GAAP operating expenses for 2026 comprised of non-GAAP R&D expenses of $175 million to $195 million and non-GAAP SG&A expenses of $188 million to $202 million.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address222 Berkeley Street, 12TH Floor, Boston, MA, 02116OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "222 Berkeley Street, Boston, MA, 02116, US".

FMP — 71 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 3, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$92.83FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T09:34:57.731Z.
px.changeChange on the day-0.62%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$6.37BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-05T09:34:56.331Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.58FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$71MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)-77.70FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day503.5KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.97FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveDavid MeekerFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees414FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $3.15M, net result −$69.61M; FY2022 revenue $23.64M, net result −$181.12M; FY2023 revenue $77.43M, net result −$184.68M; FY2024 revenue $130.13M, net result −$260.60M; FY2025 revenue $189.76M, net result −$196.54MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsProduct $194.77MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)89.0%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$71.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$43.43MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$67.45MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30−$48.55MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$60.11MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$41.73MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$63.59MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31−$52.36MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$57.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$42.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$57.48MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31−$47.06MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$51.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$46.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$52.43MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30−$52.65MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-04.revenue_actualRevenue · reported — report date 2026-08-04$71.25MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.revenue_estimatedRevenue · estimate — report date 2026-08-04$67.66MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_actualEPS · reported — report date 2026-08-04−$0.7300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_estimatedEPS · estimate — report date 2026-08-04−$0.8072Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_actualRevenue · reported — report date 2026-05-05$60.11MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_estimatedRevenue · estimate — report date 2026-05-05$55.78MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.eps_actualEPS · reported — report date 2026-05-05−$0.8300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.eps_estimatedEPS · estimate — report date 2026-05-05−$0.8600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_actualRevenue · reported — report date 2026-02-26$57.25MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_estimatedRevenue · estimate — report date 2026-02-26$56.21MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_actualEPS · reported — report date 2026-02-26−$0.7300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_estimatedEPS · estimate — report date 2026-02-26−$0.7900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_actualRevenue · reported — report date 2025-11-04$51.30MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_estimatedRevenue · estimate — report date 2025-11-04$55.98MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_actualEPS · reported — report date 2025-11-04−$0.8200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_estimatedEPS · estimate — report date 2025-11-04−$0.7200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$330.90MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow−$53.34MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$3.68MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value29.30×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30−$53.34MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31−$44.18MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31−$25.39MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$950,000Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30−$26.62MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$120.00 – $160.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$143.83FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$147.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP69 transactions · 0 purchases, 22 sales, 47 other transactions · 13 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 14, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.holdersReporting holders313FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders291FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesRa Capital Management, L.P. — shares in provider snapshot6,666,837FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesBlackrock, INC. — shares in provider snapshot6,156,902FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesBaker Bros. Advisors LP — shares in provider snapshot5,604,483FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesPrimecap Management Co/Ca/ — shares in provider snapshot3,168,853FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesVanguard Portfolio Management LLC — shares in provider snapshot3,136,895FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 4 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 4 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-24 · Expired observation
fin.scoresDistress and quality screensAltman Z 12.68 · Piotroski F 3UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
px.range5252-week range$74.50 – $122.20UNRECORDEDStored company-profile observation — Captured 2026-10-04
fin.ratiosReturn and yield ratios (trailing twelve months)ROE -80.5% · ROA -47.0% · current ratio 3.45 · earnings yield -3.1% · free-cash-flow yield -2.3%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments19.25×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $330.90M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-04.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($71.25M) with the recorded estimate ($67.66M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-04.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS (−$0.7300) with the recorded estimate (−$0.8072) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v226 of 100 · Weak · pillars 34 / 53 / 41 / 64 / 59OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement26 (stored snapshot Oct 3, 2026) → 26 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-04.revenue_actual, earn.history.depth.2026-08-04.revenue_estimated, earn.history.depth.2026-08-04.revenue_actual.comparison, earn.history.depth.2026-08-04.eps_actual.comparison, earn.history.depth.2026-08-04.eps_actual, earn.history.depth.2026-08-04.eps_estimated, earn.history.depth.2026-05-05.revenue_actual, earn.history.depth.2026-05-05.revenue_estimated, earn.history.depth.2026-05-05.eps_actual, earn.history.depth.2026-05-05.eps_estimated, earn.history.depth.2026-02-26.revenue_actual, earn.history.depth.2026-02-26.revenue_estimated, earn.history.depth.2026-02-26.eps_actual, earn.history.depth.2026-02-26.eps_estimated, earn.history.depth.2025-11-04.revenue_actual, earn.history.depth.2025-11-04.revenue_estimated, earn.history.depth.2025-11-04.eps_actual, earn.history.depth.2025-11-04.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Rhythm Pharmaceuticals, Inc. is a biopharmaceutical company with commercial products, dedicated to the discovery, development, and market launch of therapies addressing rare genetic conditions that cause obesity. Its leading pharmaceutical, IMCIVREE, functions as a powerful agonist of the melanocortin-4 receptor (MC4R). This medication is indicated for treating obesity stemming from deficiencies in pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1), or the leptin receptor (LEPR), alongside its use in patients with Bardet-Biedl and Alström syndromes. Furthermore, the company is progressing setmelanotide (the active compound in IMCIVREE) through Phase II clinical trials. These studies are evaluating its potential for a broader spectrum of applications, including obesity caused by heterozygous POMC or LEPR deficiencies, steroid receptor coactivator 1 (SRC1) deficiency, SH2B1 deficiency, MC4 receptor deficiency, and obesity associated with Smith-Magenis syndrome, POMC epigenetic disorders, and other MC4R-related conditions. Rhythm Pharmaceuticals holds a collaborative research agreement with the Clinical Registry Investigating Bardet-Biedl Syndrome. The firm, headquartered in Boston, Massachusetts, was established in 2008 and changed its name from Rhythm Metabolic, Inc. to Rhythm Pharmaceuticals, Inc. in October 2015.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Cash, investments and debt
Total debt: $3.68M; Liquidity basis: cash and short-term investments; Total liabilities: $219.97M; Cash and short-term investments: $330.90M; Cash and investments: $330.90M; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash runway cross-check (ours)
Years: 2.6; Method: cash and short-term investments of $330.9M at 2026-06-30 divided by the annualized rate at which operations and capital spending used cash ($129.1M per year); Reaches: 2029-01; Cash basis: cash and short-term investments; Cash: $330.90M; Annualized cash use: $129.10M

Rate taken from operating cash flow less capital expenditure over the 8 most recent reported quarters, annualized.; Measured from operations, not from the change in the cash balance — a company that raised money during the window would otherwise appear to be burning less than it is.; Assumes that rate continues unchanged: it ignores announced cost reductions, financing already arranged and any change in spending.; Assumes the reported cash and short-term investments are realizable for funding operations; restrictions and timing of access are not established by these provider fields. Long-term investments are excluded.; It is a cross-check, not a forecast, and the company's own statement about its runway outranks it.

2026-06-30COMPUTEDComputed from reported cash flow; assumptions stated
Sector / industry (provider taxonomy)
Healthcare / Biotechnology

The company's SEC filings classify it under SIC 2834 — Pharmaceutical Preparations.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Product: $194.77M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $167.34M, Revenue: $189.76M, Period end: 2025-12-31, Net result: -$196.54M
  • FY2024 — R&D: $237.96M, Revenue: $130.13M, Period end: 2024-12-31, Net result: -$260.60M
  • FY2023 — R&D: $134.95M, Revenue: $77.43M, Period end: 2023-12-31, Net result: -$184.68M
  • FY2022 — R&D: $108.63M, Revenue: $23.64M, Period end: 2022-12-31, Net result: -$181.12M
  • FY2021 — R&D: $104.13M, Revenue: $3.15M, Period end: 2021-12-31, Net result: -$69.61M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: -$0.73 per share, R&D: $43.43M, SG&A: $67.45M, EPS basic: -$0.73 per share, EPS basis: diluted, Revenue: $71.25M, EPS diluted: -$0.73 per share, Net result: -$49.30M, Gross profit: $62.32M, Operating result: -$48.55M
  • Quarter ended 2026-03-31 — EPS: -$0.83 per share, R&D: $41.73M, SG&A: $63.59M, EPS basic: -$0.83 per share, EPS basis: diluted, Revenue: $60.11M, EPS diluted: -$0.83 per share, Net result: -$55.64M, Gross profit: $52.95M, Operating result: -$52.36M
  • Quarter ended 2025-12-31 — EPS: -$0.73 per share, R&D: $42.03M, SG&A: $57.48M, EPS basic: -$0.73 per share, EPS basis: diluted, Revenue: $57.25M, EPS diluted: -$0.73 per share, Net result: -$47.51M, Gross profit: $52.45M, Operating result: -$47.06M
  • Quarter ended 2025-09-30 — EPS: -$0.82 per share, R&D: $46.03M, SG&A: $52.43M, EPS basic: -$0.82 per share, EPS basis: diluted, Revenue: $51.30M, EPS diluted: -$0.82 per share, Net result: -$52.90M, Gross profit: $45.80M, Operating result: -$52.65M
  • Quarter ended 2025-06-30 — EPS: -$0.75 per share, R&D: $42.31M, SG&A: $45.95M, EPS basic: -$0.75 per share, EPS basis: diluted, Revenue: $48.50M, EPS diluted: -$0.75 per share, Net result: -$46.63M, Gross profit: $42.96M, Operating result: -$45.30M
  • Quarter ended 2025-03-31 — EPS: -$0.81 per share, R&D: $36.97M, SG&A: $39.09M, EPS basic: -$0.81 per share, EPS basis: diluted, Revenue: $32.70M, EPS diluted: -$0.81 per share, Net result: -$49.50M, Gross profit: $29.06M, Operating result: -$47.00M
  • Quarter ended 2024-12-31 — EPS: -$0.72 per share, R&D: $41.17M, SG&A: $38.13M, EPS basic: -$0.72 per share, EPS basis: diluted, Revenue: $41.83M, EPS diluted: -$0.72 per share, Net result: -$43.29M, Gross profit: $38.04M, Operating result: -$41.26M
  • Quarter ended 2024-09-30 — EPS: -$0.71 per share, R&D: $37.93M, SG&A: $35.38M, EPS basic: -$0.71 per share, EPS basis: diluted, Revenue: $33.25M, EPS diluted: -$0.71 per share, Net result: -$43.64M, Gross profit: $29.42M, Operating result: -$43.88M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: $0, Operating cash flow: -$53.34M
  • Quarter ended 2026-03-31 — Capital expenditure: $0, Operating cash flow: -$44.18M
  • Quarter ended 2025-12-31 — Capital expenditure: -$950,000, Operating cash flow: -$25.39M
  • Quarter ended 2025-09-30 — Capital expenditure: $0, Operating cash flow: -$26.62M
  • Quarter ended 2025-06-30 — Capital expenditure: $0, Operating cash flow: -$23.31M
  • Quarter ended 2025-03-31 — Capital expenditure: $0, Operating cash flow: -$40.35M
  • Quarter ended 2024-12-31 — Capital expenditure: $0, Operating cash flow: -$18.84M
  • Quarter ended 2024-09-30 — Capital expenditure: $0, Operating cash flow: -$25.21M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-08-04 — Quote: We anticipate IMCIVREE approval for acquired HO and launch in Japan by year-end 2026., Speaker: Yann Mazabraud
  • Call of 2026-08-04 — Quote: We ended the second quarter with approximately $331 million in cash, cash equivalents and short-term investments, which we continue to expect will be sufficient to fund planned operations for at least 24 months., Speaker: Hunter Smith
  • Call of 2026-08-04 — Quote: We now anticipate approximately $363 million to $397 million in non-GAAP operating expenses for 2026 comprised of non-GAAP R&D expenses of $175 million to $195 million and non-GAAP SG&A expenses of $188 million to $202 million., Speaker: Hunter Smith

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-04OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $330.90M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $340.60M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $388.90M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $416.10M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $291.00M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $314.50M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $320.60M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $298.40M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Next earnings report
Date: 2026-11-03; EPS estimate: -$0.72652 per share; Revenue estimate: $83.94M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: -$0.67 per share, Revenue average: $560.23M, Revenue low: $518.80M, Revenue high: $654.83M, Analysts (revenue): 13
  • FY2028 — EPS average: $2.23 per share, Revenue average: $876.87M, Revenue low: $675.03M, Revenue high: $1.16B, Analysts (revenue): 12
  • FY2029 — EPS average: $5.99 per share, Revenue average: $1.28B, Revenue low: $1.10B, Revenue high: $1.50B, Analysts (revenue): 10
  • FY2030 — EPS average: $9.72 per share, Revenue average: $1.75B, Revenue low: $1.51B, Revenue high: $2.06B, Analysts (revenue): 6
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Insider transactions, last 180 days
Net shares: -142,806; Window days: 180; Price low: $6.8; Clustered days: 2026-06-23; 2026-06-24; 2026-08-13; Price high: $119.75; Buy transactions: 0; Distinct insiders: 12; Sell transactions: 16; Other transactions: 43; Total transactions: 59; Other transaction types: A-Award: 12, F-InKind: 1, M-Exempt: 30; Unknown direction transactions: 0

Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market.

2026-08-31FMPFinancial Modeling Prep (FMP) insider transactions, from Form 4 filings
What the sources do not tell us
Captured record · 3 entries
  • What: We hold fewer than two daily score snapshots for this company, so there is no track to show yet., Family: Score history
  • What: A Form 4 records what an insider transacted, never why. Sales that look like tax withholding on vesting shares are not labelled as such in the filing., Family: Insider intent
  • What: Anything that changed after the most recent filing and has not been announced is not on this page., Family: Between filings

Each entry names a family of information the packet has no fact for.; The list is drawn from a fixed catalogue keyed to fact ids — it is not written per ticker and contains no generated text.; An absent family means our sources did not answer; it does not mean the company has nothing to report.

2026-09-13COMPUTEDDerived from which sources answered this build
Named officers
CEO: David Meeker; Officers: Jim Flaherty — Title: Senior Vice President & General Counsel; Hunter C. Smith — Title: Chief Financial Officer & Treasurer, Pay: $892,477, Born: 1969; Joseph Shulman — Title: Chief Technical Officer, Pay: $734,854, Born: 1975; Yann Mazabraud — Title: Executive Vice President & Head of International, Pay: $972,148, Born: 1973; Sarah Ryan — Title: Vice President of Sales & Marketing; Christopher German — Title: Corporate Controller & Principal Accounting Officer, Born: 1972; Jennifer Lee — Title: Executive Vice President & Head of North America, Pay: $838,635, Born: 1975; Alastair Garfield — Title: Chief Scientific Officer, Pay: $806,385, Born: 1980

Titles and pay come from the company's proxy statement as our provider parsed it.

2026-09-13FMPFinancial Modeling Prep (FMP) key executives (proxy-derived)
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.