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Side-by-side financial comparison of Ategrity Specialty Insurance Co Holdings (ASIC) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

Ategrity Specialty Insurance Co Holdings is the larger business by last-quarter revenue ($116.1M vs $60.1M, roughly 1.9× RHYTHM PHARMACEUTICALS, INC.). Ategrity Specialty Insurance Co Holdings runs the higher net margin — 19.5% vs -92.6%, a 112.1% gap on every dollar of revenue.

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

ASIC vs RYTM — Head-to-Head

Bigger by revenue
ASIC
ASIC
1.9× larger
ASIC
$116.1M
$60.1M
RYTM
Higher net margin
ASIC
ASIC
112.1% more per $
ASIC
19.5%
-92.6%
RYTM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASIC
ASIC
RYTM
RYTM
Revenue
$116.1M
$60.1M
Net Profit
$22.7M
$-55.6M
Gross Margin
88.1%
Operating Margin
25.6%
-87.1%
Net Margin
19.5%
-92.6%
Revenue YoY
83.8%
Net Profit YoY
EPS (diluted)
$0.45
$-0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASIC
ASIC
RYTM
RYTM
Q1 26
$60.1M
Q4 25
$57.3M
Q3 25
$116.1M
$51.3M
Q2 25
$101.8M
$48.5M
Q1 25
$32.7M
Q4 24
$41.8M
Q3 24
$33.3M
Q2 24
$29.1M
Net Profit
ASIC
ASIC
RYTM
RYTM
Q1 26
$-55.6M
Q4 25
$-47.5M
Q3 25
$22.7M
$-52.9M
Q2 25
$17.6M
$-46.6M
Q1 25
$-49.5M
Q4 24
$-43.3M
Q3 24
$-43.6M
Q2 24
$-32.3M
Gross Margin
ASIC
ASIC
RYTM
RYTM
Q1 26
88.1%
Q4 25
91.6%
Q3 25
89.3%
Q2 25
88.6%
Q1 25
88.8%
Q4 24
90.9%
Q3 24
88.5%
Q2 24
89.9%
Operating Margin
ASIC
ASIC
RYTM
RYTM
Q1 26
-87.1%
Q4 25
-82.2%
Q3 25
25.6%
-102.6%
Q2 25
21.9%
-93.4%
Q1 25
-143.7%
Q4 24
-98.6%
Q3 24
-132.0%
Q2 24
-139.2%
Net Margin
ASIC
ASIC
RYTM
RYTM
Q1 26
-92.6%
Q4 25
-83.0%
Q3 25
19.5%
-103.1%
Q2 25
17.3%
-96.1%
Q1 25
-151.4%
Q4 24
-103.6%
Q3 24
-131.2%
Q2 24
-110.9%
EPS (diluted)
ASIC
ASIC
RYTM
RYTM
Q1 26
$-0.83
Q4 25
$-0.73
Q3 25
$0.45
$-0.82
Q2 25
$0.39
$-0.75
Q1 25
$-0.81
Q4 24
$-0.71
Q3 24
$-0.73
Q2 24
$-0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASIC
ASIC
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$34.3M
$340.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$588.6M
$122.9M
Total Assets
$1.4B
$442.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIC
ASIC
RYTM
RYTM
Q1 26
$340.6M
Q4 25
$388.9M
Q3 25
$34.3M
$416.1M
Q2 25
$23.5M
$291.0M
Q1 25
$314.5M
Q4 24
$320.6M
Q3 24
$298.4M
Q2 24
$319.1M
Stockholders' Equity
ASIC
ASIC
RYTM
RYTM
Q1 26
$122.9M
Q4 25
$139.1M
Q3 25
$588.6M
$148.8M
Q2 25
$559.7M
$-11.9M
Q1 25
$18.9M
Q4 24
$21.7M
Q3 24
$11.2M
Q2 24
$39.3M
Total Assets
ASIC
ASIC
RYTM
RYTM
Q1 26
$442.3M
Q4 25
$480.2M
Q3 25
$1.4B
$506.9M
Q2 25
$1.4B
$372.7M
Q1 25
$386.7M
Q4 24
$392.3M
Q3 24
$363.6M
Q2 24
$381.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASIC
ASIC
RYTM
RYTM
Operating Cash FlowLast quarter
$41.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIC
ASIC
RYTM
RYTM
Q1 26
Q4 25
$-25.4M
Q3 25
$41.1M
$-26.6M
Q2 25
$50.8M
$-23.3M
Q1 25
$-40.4M
Q4 24
$-18.8M
Q3 24
$-25.2M
Q2 24
$-29.1M
Cash Conversion
ASIC
ASIC
RYTM
RYTM
Q1 26
Q4 25
Q3 25
1.81×
Q2 25
2.88×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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