RYTHM Q1 revenue $13.3M (+24% seq); net income $19.9M on tax benefit; guides Q2 rev ~$22M

RYTHM, Inc.

2026-Q1 EPS reported $1.33 revenue$13,286,000

Revenue $13.3M (+24% seq); gross profit $10.4M (78% margin) vs $8.0M (75%) prior quarter.
Net income $19.9M from continuing ops, driven by $25.6M non-cash income tax benefit.
Adjusted EBITDA ~breakeven; operating cash flow $1.0M; cash $33.3M.
Q2 2026 revenue guidance ~$22M, representing 65% sequential growth.
Amended license with Green Thumb to fixed annual fee $70M, inflation-adjusted.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

RYTHM, Inc. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 5. 2026, RYTHM, Inc. (the “Company”) issued a press release announcing financial results for the quarter ended March 31, 2026.

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RYTHM, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-052186

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