earnings
confidence high
sentiment neutral
materiality 0.75
Rhythm Q1 product revenue $60.1M; IMCIVREE HO launch >150 start forms; net loss $(0.83)/share
RHYTHM PHARMACEUTICALS, INC.
2026-Q1 EPS reported
-$0.83
revenue$60,112,000
- Q1 2026 net product revenue $60.1M (up 5% sequentially); U.S. revenue $36.9M, ex-U.S. $23.2M.
- IMCIVREE received FDA approval for acquired hypothalamic obesity on Mar 19; >150 patient start forms in first six weeks.
- European Commission granted marketing authorization for IMCIVREE in acquired HO on May 1, 2026.
- Net loss $(56.7)M ($(0.83)/share) vs $(50.8)M ($(0.81)/share) in Q1 2025; cash $340.6M.
- Phase 3 EMANATE trial missed primary endpoint; positive post-hoc signals in SRC1 and POMC insufficiencies.