Earnings ·
RYTHM reports Q2 revenue of $23.0 million, a 73% increase from prior quarter
RYMRYTHM, Inc.
RYTHM, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue from continuing operations reached $23.0 million, a 73% increase from the prior quarter's $13.3 million. The company posted net income of $1.2 million and adjusted EBITDA of $6.4 million, compared to approximately breakeven in the previous quarter. Cash balances increased to $41.9 million, supported by $8.7 million in operating cash flow. THC beverage depletions hit a record 25,000 cases in June. The company is not providing third-quarter guidance due to regulatory uncertainty surrounding federal hemp-derived THC laws effective November 12, 2026. RYTHM, Inc. operates in the cannabis and hemp industry, manufacturing and distributing branded THC beverages and edibles.