-+ 0.00%
-+ 0.00%
-+ 0.00%

Rythm swings to Q2 FY26 profit of USD 1.2 million; revenue rises 73% to USD 23 million vs prior quarter

PUBT·08/04/2026 11:05:56
Listen to the news
Rythm swings to Q2 FY26 profit of USD 1.2 million; revenue rises 73% to USD 23 million vs prior quarter
  • Rythm posted Q2 2026 revenue of USD 23 million, up 73% from the prior quarter, as adjusted EBITDA rose to USD 6.4 million.
  • Net income was USD 1.2 million, swinging from a loss a year earlier, while cash climbed to USD 41.9 million on USD 8.7 million operating cash flow.
  • Fixed annual cash licensing fees of USD 70 million from Green Thumb Industries took effect April 1, 2026.
  • THC beverage depletions hit about 25,000 cases across 18 states in June, up from about 7,000 a year earlier.
  • Management cited momentum in THC beverages and said it is withholding Q3 2026 outlook due to uncertainty around federal law changes effective Nov. 12, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rythm Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040700PRIMZONEFULLFEED9802848) on August 04, 2026, and is solely responsible for the information contained therein.