Rhythm Pharmaceuticals R&D Spending Growth & History (RYTM)
Rhythm Pharmaceuticals's r&d spending was $167.3M for fiscal 2025.
View full Rhythm Pharmaceuticals company overviewRhythm Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $167.3M | −$70.6M | −29.68% |
| 2024 | 2024-12-31 | $238.0M | $103.0M | +76.33% |
| 2023 | 2023-12-31 | $135.0M | $26.3M | +24.23% |
| 2022 | 2022-12-31 | $108.6M | $4.5M | +4.32% |
| 2021 | 2021-12-31 | $104.1M | $13.7M | +15.12% |
| 2020 | 2020-12-31 | $90.5M | −$19.0M | −17.36% |
| 2019 | 2019-12-31 | $109.5M | $59.1M | +117.43% |
| 2018 | 2018-12-31 | $50.3M | $27.4M | +119.87% |
| 2017 | 2017-12-31 | $22.9M | $3.3M | +16.84% |
| 2016 | 2016-12-31 | $19.6M | $12.4M | +174.12% |
| 2015 | 2015-12-31 | $7.1M | — | — |
Rhythm Pharmaceuticals quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.4M | $1.1M | +2.65% |
| Q1 2026 | 2026-03-31 | $41.7M | $4.8M | +12.85% |
| Q4 2025 | 2025-12-31 | $42.0M | $865,000 | +2.10% |
| Q3 2025 | 2025-09-30 | $46.0M | $8.1M | +21.34% |
| Q2 2025 | 2025-06-30 | $42.3M | $12.1M | +40.12% |
| Q1 2025 | 2025-03-31 | $37.0M | −$91.7M | −71.26% |
| Q4 2024 | 2024-12-31 | $41.2M | $11.3M | +37.71% |
| Q3 2024 | 2024-09-30 | $37.9M | $4.4M | +12.99% |
| Q2 2024 | 2024-06-30 | $30.2M | −$3.3M | −9.98% |
| Q1 2024 | 2024-03-31 | $128.7M | $90.7M | +239.08% |
| Q4 2023 | 2023-12-31 | $29.9M | $6.3M | +26.94% |
| Q3 2023 | 2023-09-30 | $33.6M | $12.5M | +58.98% |
| Q2 2023 | 2023-06-30 | $33.5M | $2.1M | +6.63% |
| Q1 2023 | 2023-03-31 | $37.9M | $5.4M | +16.72% |
| Q4 2022 | 2022-12-31 | $23.5M | −$8.0M | −25.42% |
| Q3 2022 | 2022-09-30 | $21.1M | −$6.4M | −23.32% |
| Q2 2022 | 2022-06-30 | $31.5M | $6.4M | +25.30% |
| Q1 2022 | 2022-03-31 | $32.5M | $12.6M | +63.28% |
| Q4 2021 | 2021-12-31 | $31.6M | $9.6M | +43.82% |
| Q3 2021 | 2021-09-30 | $27.5M | $4.5M | +19.76% |
| Q2 2021 | 2021-06-30 | $25.1M | $2.1M | +9.16% |
| Q1 2021 | 2021-03-31 | $19.9M | −$2.6M | −11.52% |
| Q4 2020 | 2020-12-31 | $22.0M | −$2.9M | −11.51% |
| Q3 2020 | 2020-09-30 | $23.0M | −$3.6M | −13.46% |
| Q2 2020 | 2020-06-30 | $23.0M | −$12.3M | −34.87% |
| Q1 2020 | 2020-03-31 | $22.5M | −$257,000 | −1.13% |
| Q4 2019 | 2019-12-31 | $24.8M | $6.0M | +32.23% |
| Q3 2019 | 2019-09-30 | $26.6M | $15.9M | +148.22% |
| Q2 2019 | 2019-06-30 | $35.3M | $26.7M | +311.32% |
| Q1 2019 | 2019-03-31 | $22.8M | $10.5M | +85.26% |
| Q4 2018 | 2018-12-31 | $18.8M | $12.1M | +182.01% |
| Q3 2018 | 2018-09-30 | $10.7M | $4.7M | +79.28% |
| Q2 2018 | 2018-06-30 | $8.6M | $3.2M | +59.05% |
| Q1 2018 | 2018-03-31 | $12.3M | $7.4M | +152.12% |
| Q4 2017 | 2017-12-31 | $6.7M | — | — |
| Q3 2017 | 2017-09-30 | $6.0M | $552,000 | +10.19% |
| Q2 2017 | 2017-06-30 | $5.4M | — | — |
| Q1 2017 | 2017-03-31 | $4.9M | — | — |
| Q3 2016 | 2016-09-30 | $5.4M | — | — |
Rhythm Pharmaceuticals r&d spending trends
Over the last five fiscal years, Rhythm Pharmaceuticals's r&d spending increased from $90.5M to $167.3M, a change of $76.9M. The latest reported quarter, Q2 2026, shows $43.4M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rhythm Pharmaceuticals source filings ↗