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

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $60.1M, roughly 2.0× RHYTHM PHARMACEUTICALS, INC.). GDEV Inc. runs the higher net margin — 13.9% vs -92.6%, a 106.4% gap on every dollar of revenue. On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (83.8% vs 13.3%).

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

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.

GDEV vs RYTM — Head-to-Head

Bigger by revenue
GDEV
GDEV
2.0× larger
GDEV
$119.9M
$60.1M
RYTM
Growing faster (revenue YoY)
RYTM
RYTM
+70.5% gap
RYTM
83.8%
13.3%
GDEV
Higher net margin
GDEV
GDEV
106.4% more per $
GDEV
13.9%
-92.6%
RYTM

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
GDEV
GDEV
RYTM
RYTM
Revenue
$119.9M
$60.1M
Net Profit
$16.6M
$-55.6M
Gross Margin
88.1%
Operating Margin
15.5%
-87.1%
Net Margin
13.9%
-92.6%
Revenue YoY
13.3%
83.8%
Net Profit YoY
13.0%
EPS (diluted)
$0.90
$-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
GDEV
GDEV
RYTM
RYTM
Q1 26
$60.1M
Q4 25
$57.3M
Q3 25
$51.3M
Q2 25
$119.9M
$48.5M
Q1 25
$32.7M
Q4 24
$41.8M
Q3 24
$33.3M
Q2 24
$105.8M
$29.1M
Net Profit
GDEV
GDEV
RYTM
RYTM
Q1 26
$-55.6M
Q4 25
$-47.5M
Q3 25
$-52.9M
Q2 25
$16.6M
$-46.6M
Q1 25
$-49.5M
Q4 24
$-43.3M
Q3 24
$-43.6M
Q2 24
$14.7M
$-32.3M
Gross Margin
GDEV
GDEV
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
GDEV
GDEV
RYTM
RYTM
Q1 26
-87.1%
Q4 25
-82.2%
Q3 25
-102.6%
Q2 25
15.5%
-93.4%
Q1 25
-143.7%
Q4 24
-98.6%
Q3 24
-132.0%
Q2 24
14.4%
-139.2%
Net Margin
GDEV
GDEV
RYTM
RYTM
Q1 26
-92.6%
Q4 25
-83.0%
Q3 25
-103.1%
Q2 25
13.9%
-96.1%
Q1 25
-151.4%
Q4 24
-103.6%
Q3 24
-131.2%
Q2 24
13.9%
-110.9%
EPS (diluted)
GDEV
GDEV
RYTM
RYTM
Q1 26
$-0.83
Q4 25
$-0.73
Q3 25
$-0.82
Q2 25
$0.90
$-0.75
Q1 25
$-0.81
Q4 24
$-0.71
Q3 24
$-0.73
Q2 24
$0.81
$-0.55

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$41.6M
$340.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
$122.9M
Total Assets
$210.2M
$442.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
RYTM
RYTM
Q1 26
$340.6M
Q4 25
$388.9M
Q3 25
$416.1M
Q2 25
$41.6M
$291.0M
Q1 25
$314.5M
Q4 24
$320.6M
Q3 24
$298.4M
Q2 24
$50.8M
$319.1M
Stockholders' Equity
GDEV
GDEV
RYTM
RYTM
Q1 26
$122.9M
Q4 25
$139.1M
Q3 25
$148.8M
Q2 25
$-129.4M
$-11.9M
Q1 25
$18.9M
Q4 24
$21.7M
Q3 24
$11.2M
Q2 24
$-118.7M
$39.3M
Total Assets
GDEV
GDEV
RYTM
RYTM
Q1 26
$442.3M
Q4 25
$480.2M
Q3 25
$506.9M
Q2 25
$210.2M
$372.7M
Q1 25
$386.7M
Q4 24
$392.3M
Q3 24
$363.6M
Q2 24
$282.8M
$381.8M

Financial Flow Comparison

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

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