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RYTHM, Inc. — Third Quarter 2026 Earnings Summary

  • Revenue from continuing operations rose 490% year-over-year to $23.9 million, while operating income turned positive at $1.0 million compared to a $19.4 million loss in the prior year period.
  • Net loss narrowed significantly to $0.5 million from $19.7 million year-over-year, supported by $6.3 million in operating cash flow and a $48.2 million cash balance.
  • The Company provided no fourth-quarter 2026 guidance due to impending federal and state regulatory changes effective November and December 2026 that may prohibit current hemp-derived THC products.
  • Green Thumb Industries will consolidate RYTHM's results starting October 10, 2026, following the removal of the 49.99% beneficial ownership limitation, and increased its fixed-fee license structure by $250,000 to $70.25 million annually.
  • THC beverage depletions increased 185% year-over-year to an annualized run rate of 320,000 cases, with the product line now available in approximately 8,000 retail doors across 18 states.
Company
RYTHM INC
Sector
Industrials
Industry
Engineering & Construction