---
title: "RYTHM | 8-K: FY2026 Q1 Revenue: USD 13.29 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285303416.md"
datetime: "2026-05-06T03:19:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285303416.md)
  - [en](https://longbridge.com/en/news/285303416.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285303416.md)
---

# RYTHM | 8-K: FY2026 Q1 Revenue: USD 13.29 M

Revenue: As of FY2026 Q1, the actual value is USD 13.29 M.

EPS: As of FY2026 Q1, the actual value is USD 1.33.

EBIT: As of FY2026 Q1, the actual value is USD -3.929 M.

#### Segment Revenue

Revenue from continuing operations for RYTHM, Inc. was $13.3 million for the first quarter ended March 31, 2026, representing a 24% increase from $10.7 million in the prior quarter. This also marks a significant increase from $538 thousand in revenue from continuing operations for the three months ended March 31, 2025.

#### Operational Metrics

Gross profit from continuing operations was $10.4 million, or 78% of revenue, for the first quarter ended March 31, 2026, compared to $8.0 million, or 75% of revenue, in the prior quarter. For the three months ended March 31, 2025, gross profit was $90 thousand.Net income from continuing operations for the first quarter ended March 31, 2026, was $19.9 million, primarily driven by a $25.6 million non-cash income tax benefit. This contrasts with a net loss from continuing operations of - $3,274 thousand for the same period in 2025.Operating loss from continuing operations was - $4,034 thousand for the three months ended March 31, 2026, compared to - $3,701 thousand for the same period in 2025.Operating expenses for the first quarter of 2026 were $14,431 thousand, an increase from $3,791 thousand in the first quarter of 2025.Cost of goods sold was $2,889 thousand for the three months ended March 31, 2026, up from $448 thousand in the prior year’s comparable period.Net income (loss) for the first quarter of 2026 was $19,922 thousand, a significant improvement from a net loss of - $1,626 thousand in the first quarter of 2025.

#### Adjusted EBITDA

Adjusted EBITDA was approximately breakeven for the first quarter of 2026. Specifically, Adjusted EBITDA (non-GAAP measure) was - $21 thousand for the three months ended March 31, 2026, compared to - $2,757 thousand for the same period in 2025.EBITDA (non-GAAP measure) was - $486 thousand for the first quarter of 2026, an improvement from - $2,939 thousand for the first quarter of 2025.

#### Cash Flow

Cash flow from operating activities was $1.0 million for the first quarter of 2026. For the three months ended March 31, 2026, cash flows from operating activities were $1,043 thousand, compared to - $6,720 thousand for the same period in 2025.

#### Unique Metrics

RYTHM, Inc. reported a cash balance of $33.3 million as of March 31, 2026. The company had approximately 2.1 million shares outstanding, 11.0 million warrants outstanding, and 3.0 million shares issuable upon conversion of outstanding convertible notes at quarter end. Deferred tax assets totaled $25,593 thousand as of March 31, 2026.

#### Outlook / Guidance

RYTHM, Inc. expects second quarter 2026 revenues of approximately $22 million. This projection represents an anticipated 65% sequential growth.

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