Flagship explainer

How RHYTHM PHARMACEUTICALS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$190M · 100%Cost of revenue$19.5M · 10%Gross profit$170M · 90%Operating income−$192M · −101%Income before tax−$196M · −103%Income tax$497000 · 0%Net income−$197M · −104%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$190M100%
Cost of revenue$19.5M10%
$170M90%
−$192M−101%
Income before tax−$196M−103%
Income tax$4970000%
−$197M−104%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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