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Side-by-side financial comparison of Fathom Holdings Inc. (FTHM) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

Fathom Holdings Inc. is the larger business by last-quarter revenue ($90.6M vs $57.3M, roughly 1.6× RHYTHM PHARMACEUTICALS, INC.). Fathom Holdings Inc. runs the higher net margin — -7.4% vs -83.0%, a 75.6% gap on every dollar of revenue. On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs -1.2%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% CAGR vs 13.4%).

Fathom Holdings Inc. is a US-based real estate technology and services enterprise. It provides end-to-end solutions for real estate agents, brokers, and consumers, including digital transaction management tools, mortgage services, title insurance, and residential property brokerage services, covering most regional markets across the United States.

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.

FTHM vs RYTM — Head-to-Head

Bigger by revenue
FTHM
FTHM
1.6× larger
FTHM
$90.6M
$57.3M
RYTM
Growing faster (revenue YoY)
RYTM
RYTM
+38.1% gap
RYTM
36.9%
-1.2%
FTHM
Higher net margin
FTHM
FTHM
75.6% more per $
FTHM
-7.4%
-83.0%
RYTM
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
13.4%
FTHM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FTHM
FTHM
RYTM
RYTM
Revenue
$90.6M
$57.3M
Net Profit
$-6.7M
$-47.5M
Gross Margin
91.6%
Operating Margin
-5.2%
-82.2%
Net Margin
-7.4%
-83.0%
Revenue YoY
-1.2%
36.9%
Net Profit YoY
-7.7%
-9.6%
EPS (diluted)
$-0.20
$-0.73

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
FTHM
FTHM
RYTM
RYTM
Q4 25
$90.6M
$57.3M
Q3 25
$115.3M
$51.3M
Q2 25
$121.4M
$48.5M
Q1 25
$93.1M
$32.7M
Q4 24
$91.7M
$41.8M
Q3 24
$83.7M
$33.3M
Q2 24
$89.2M
$29.1M
Q1 24
$70.5M
$26.0M
Net Profit
FTHM
FTHM
RYTM
RYTM
Q4 25
$-6.7M
$-47.5M
Q3 25
$-4.4M
$-52.9M
Q2 25
$-3.6M
$-46.6M
Q1 25
$-5.6M
$-49.5M
Q4 24
$-6.2M
$-43.3M
Q3 24
$-8.1M
$-43.6M
Q2 24
$-1.3M
$-32.3M
Q1 24
$-5.9M
$-141.4M
Gross Margin
FTHM
FTHM
RYTM
RYTM
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%
Q1 24
89.2%
Operating Margin
FTHM
FTHM
RYTM
RYTM
Q4 25
-5.2%
-82.2%
Q3 25
-3.5%
-102.6%
Q2 25
-2.0%
-93.4%
Q1 25
-4.8%
-143.7%
Q4 24
-7.0%
-98.6%
Q3 24
-9.3%
-132.0%
Q2 24
-4.1%
-139.2%
Q1 24
-8.0%
-538.7%
Net Margin
FTHM
FTHM
RYTM
RYTM
Q4 25
-7.4%
-83.0%
Q3 25
-3.8%
-103.1%
Q2 25
-3.0%
-96.1%
Q1 25
-6.1%
-151.4%
Q4 24
-6.8%
-103.6%
Q3 24
-9.7%
-131.2%
Q2 24
-1.5%
-110.9%
Q1 24
-8.4%
-544.4%
EPS (diluted)
FTHM
FTHM
RYTM
RYTM
Q4 25
$-0.20
$-0.73
Q3 25
$-0.15
$-0.82
Q2 25
$-0.13
$-0.75
Q1 25
$-0.24
$-0.81
Q4 24
$-0.29
$-0.71
Q3 24
$-0.40
$-0.73
Q2 24
$-0.07
$-0.55
Q1 24
$-0.31
$-2.35

Balance Sheet & Financial Strength

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

Metric
FTHM
FTHM
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$5.8M
$388.9M
Total DebtLower is stronger
$5.6M
Stockholders' EquityBook value
$37.4M
$139.1M
Total Assets
$78.0M
$480.2M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTHM
FTHM
RYTM
RYTM
Q4 25
$5.8M
$388.9M
Q3 25
$9.8M
$416.1M
Q2 25
$4.9M
$291.0M
Q1 25
$8.0M
$314.5M
Q4 24
$7.1M
$320.6M
Q3 24
$13.1M
$298.4M
Q2 24
$10.4M
$319.1M
Q1 24
$5.7M
$201.2M
Total Debt
FTHM
FTHM
RYTM
RYTM
Q4 25
$5.6M
Q3 25
$5.1M
Q2 25
$5.1M
Q1 25
$5.1M
Q4 24
$9.5M
Q3 24
$8.8M
Q2 24
$3.6M
Q1 24
$3.7M
Stockholders' Equity
FTHM
FTHM
RYTM
RYTM
Q4 25
$37.4M
$139.1M
Q3 25
$43.4M
$148.8M
Q2 25
$40.7M
$-11.9M
Q1 25
$43.4M
$18.9M
Q4 24
$44.7M
$21.7M
Q3 24
$47.1M
$11.2M
Q2 24
$53.1M
$39.3M
Q1 24
$51.9M
$61.6M
Total Assets
FTHM
FTHM
RYTM
RYTM
Q4 25
$78.0M
$480.2M
Q3 25
$83.2M
$506.9M
Q2 25
$80.4M
$372.7M
Q1 25
$81.0M
$386.7M
Q4 24
$75.4M
$392.3M
Q3 24
$80.9M
$363.6M
Q2 24
$80.2M
$381.8M
Q1 24
$78.2M
$258.7M
Debt / Equity
FTHM
FTHM
RYTM
RYTM
Q4 25
0.15×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.21×
Q3 24
0.19×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
FTHM
FTHM
RYTM
RYTM
Operating Cash FlowLast quarter
$-20.5M
$-25.4M
Free Cash FlowOCF − Capex
$-20.7M
FCF MarginFCF / Revenue
-22.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTHM
FTHM
RYTM
RYTM
Q4 25
$-20.5M
$-25.4M
Q3 25
$3.0M
$-26.6M
Q2 25
$-5.9M
$-23.3M
Q1 25
$-5.7M
$-40.4M
Q4 24
$-4.7M
$-18.8M
Q3 24
$-330.0K
$-25.2M
Q2 24
$-3.1M
$-29.1M
Q1 24
$-947.0K
$-40.7M
Free Cash Flow
FTHM
FTHM
RYTM
RYTM
Q4 25
$-20.7M
Q3 25
$3.0M
Q2 25
$-6.0M
Q1 25
$-5.8M
Q4 24
$-4.7M
Q3 24
$-364.0K
Q2 24
$-3.1M
Q1 24
$-948.0K
FCF Margin
FTHM
FTHM
RYTM
RYTM
Q4 25
-22.8%
Q3 25
2.6%
Q2 25
-4.9%
Q1 25
-6.2%
Q4 24
-5.2%
Q3 24
-0.4%
Q2 24
-3.5%
Q1 24
-1.3%
Capex Intensity
FTHM
FTHM
RYTM
RYTM
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTHM
FTHM

Real Estate Brokerage$84.9M94%
Mortgage Segment$3.4M4%
Other$2.3M3%

RYTM
RYTM

Segment breakdown not available.

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