Rhythm Pharmaceuticals (RYTM) Research & Development (2016 - 2026)

Rhythm Pharmaceuticals' (RYTM) quarterly Research & Development came in at $41.7 million in Q1 2026, up 12.85% year-on-year from $37.0 million in Q1 2025, and down 0.73% on a QoQ basis from $42.0 million in Q4 2025.

Rhythm Pharmaceuticals (RYTM) Research & Development (2016 - 2026) Analysis & Trends

Rhythm Pharmaceuticals (RYTM) has 11 years of Research & Development data on file, last reported at $41.7 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 12.85% year-over-year to $41.7 million in Q1 2026; TTM through Mar 2026 was $172.1 million, a 17.66% increase from a year earlier, with the FY2025 full-year figure at $167.3 million, down 29.68% from the prior year.
  • Research & Development for Q1 2026 stood at $41.7 million, down from $42.0 million in the prior quarter.
  • Over the last five years, Research & Development for RYTM reached as high as $128.7 million in Q1 2024 and fell as low as $21.1 million in Q3 2022.
  • Historically, Research & Development has averaged $40.6 million across 5 years, with a median of $37.0 million in 2025.
  • Across the five-year window, Research & Development jumped 239.08% in 2024 and plunged 71.26% in 2025, its largest moves.
  • Year by year, Research & Development stood at $23.5 million in 2022, then gained by 26.94% to $29.9 million in 2023, then soared by 37.72% to $41.2 million in 2024, then rose by 2.1% to $42.0 million in 2025, then retreated by 0.73% to $41.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $41.7 million in Q1 2026, $42.0 million in Q4 2025, and $46.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Rhythm Pharmaceuticals 6.99 Bn 6.64 Bn 52.96 Mn 41.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.73 Mn
Dec 31, 2025 42.03 Mn
Sep 30, 2025 46.03 Mn
Jun 30, 2025 42.31 Mn
Mar 31, 2025 36.97 Mn
Dec 31, 2024 41.17 Mn
Sep 30, 2024 37.93 Mn
Jun 30, 2024 30.19 Mn
Mar 31, 2024 128.67 Mn
Dec 31, 2023 29.89 Mn
Sep 30, 2023 33.57 Mn
Jun 30, 2023 33.54 Mn
Mar 31, 2023 37.95 Mn
Dec 31, 2022 23.55 Mn
Sep 30, 2022 21.12 Mn
Jun 30, 2022 31.46 Mn
Mar 31, 2022 32.51 Mn
Dec 31, 2021 31.57 Mn
Sep 30, 2021 27.54 Mn
Jun 30, 2021 25.10 Mn