RYTHM, Inc. (RYM) reported second quarter 2026 revenue from continuing operations of $23.0 million, up 73% from the prior quarter. The company reported net income of $1.2 million and adjusted EBITDA of $6.4 million.
The company said cash increased to $41.9 million, driven by $8.7 million of operating cash flow. RYTHM also said it is not providing a third quarter 2026 outlook due to uncertainty tied to forthcoming federal law changes affecting hemp-derived THC products.
- Second quarter ended June 30, 2026.
- Revenue from continuing operations was $23.0 million, compared with $13.3 million in the prior quarter.
- Net income was $1.2 million.
- Cash and cash equivalents were $41.9 million at quarter end.
- Fixed annual cash licensing fees of $70 million from Green Thumb Industries Inc. took effect April 1, 2026.
- THC beverage depletions reached about 25,000 cases across 18 states in June, compared with about 7,000 in June 2025.
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