RYTHM, Inc. reported second-quarter 2026 earnings of 9 cents per share, reversing a loss of $3.74 per share a year earlier. Revenue surged to $23 million from $2 million, while net income reached $1.2 million compared with a net loss of $7.4 million. Adjusted EBITDA was $6.4 million versus an adjusted EBITDA loss of $5.5 million. THC beverage depletions hit a record of approximately 25,000 cases in June across 18 states, up from roughly 7,000 cases a year ago. Chairman and Interim CEO Ben Kovler noted that revenues grew 73% sequentially, exceeding prior guidance of 65% growth, driven by momentum in THC beverages and the first full quarter under an amended licensing agreement with Green Thumb Industries.
RYTHM, Inc.RYTHM swings to Q2 profit with revenue surge and record THC beverage depletions.
Amended licensing agreement with RYTHM contributes to revenue growth, benefiting Green Thumb.
