vs
Side-by-side financial comparison of RHYTHM PHARMACEUTICALS, INC. (RYTM) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $57.3M, roughly 1.7× RHYTHM PHARMACEUTICALS, INC.). Latham Group, Inc. runs the higher net margin — -7.0% vs -83.0%, a 76.0% gap on every dollar of revenue. On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs 14.5%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
RYTM vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $57.3M | $100.0M |
| Net Profit | $-47.5M | $-7.0M |
| Gross Margin | 91.6% | 28.0% |
| Operating Margin | -82.2% | -10.7% |
| Net Margin | -83.0% | -7.0% |
| Revenue YoY | 36.9% | 14.5% |
| Net Profit YoY | -9.6% | 76.0% |
| EPS (diluted) | $-0.73 | $-0.06 |
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.
| Q4 25 | $57.3M | $100.0M | ||
| Q3 25 | $51.3M | $161.9M | ||
| Q2 25 | $48.5M | $172.6M | ||
| Q1 25 | $32.7M | $111.4M | ||
| Q4 24 | $41.8M | $87.3M | ||
| Q3 24 | $33.3M | $150.5M | ||
| Q2 24 | $29.1M | $160.1M | ||
| Q1 24 | $26.0M | $110.6M |
| Q4 25 | $-47.5M | $-7.0M | ||
| Q3 25 | $-52.9M | $8.1M | ||
| Q2 25 | $-46.6M | $16.0M | ||
| Q1 25 | $-49.5M | $-6.0M | ||
| Q4 24 | $-43.3M | $-29.2M | ||
| Q3 24 | $-43.6M | $5.9M | ||
| Q2 24 | $-32.3M | $13.3M | ||
| Q1 24 | $-141.4M | $-7.9M |
| Q4 25 | 91.6% | 28.0% | ||
| Q3 25 | 89.3% | 35.4% | ||
| Q2 25 | 88.6% | 37.1% | ||
| Q1 25 | 88.8% | 29.5% | ||
| Q4 24 | 90.9% | 24.6% | ||
| Q3 24 | 88.5% | 32.4% | ||
| Q2 24 | 89.9% | 33.1% | ||
| Q1 24 | 89.2% | 27.7% |
| Q4 25 | -82.2% | -10.7% | ||
| Q3 25 | -102.6% | 13.3% | ||
| Q2 25 | -93.4% | 14.3% | ||
| Q1 25 | -143.7% | -4.4% | ||
| Q4 24 | -98.6% | -14.9% | ||
| Q3 24 | -132.0% | 8.9% | ||
| Q2 24 | -139.2% | 12.5% | ||
| Q1 24 | -538.7% | -1.9% |
| Q4 25 | -83.0% | -7.0% | ||
| Q3 25 | -103.1% | 5.0% | ||
| Q2 25 | -96.1% | 9.3% | ||
| Q1 25 | -151.4% | -5.4% | ||
| Q4 24 | -103.6% | -33.4% | ||
| Q3 24 | -131.2% | 3.9% | ||
| Q2 24 | -110.9% | 8.3% | ||
| Q1 24 | -544.4% | -7.1% |
| Q4 25 | $-0.73 | $-0.06 | ||
| Q3 25 | $-0.82 | $0.07 | ||
| Q2 25 | $-0.75 | $0.13 | ||
| Q1 25 | $-0.81 | $-0.05 | ||
| Q4 24 | $-0.71 | $-0.24 | ||
| Q3 24 | $-0.73 | $0.05 | ||
| Q2 24 | $-0.55 | $0.11 | ||
| Q1 24 | $-2.35 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $388.9M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $139.1M | $405.9M |
| Total Assets | $480.2M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $388.9M | — | ||
| Q3 25 | $416.1M | — | ||
| Q2 25 | $291.0M | — | ||
| Q1 25 | $314.5M | — | ||
| Q4 24 | $320.6M | — | ||
| Q3 24 | $298.4M | — | ||
| Q2 24 | $319.1M | — | ||
| Q1 24 | $201.2M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $139.1M | $405.9M | ||
| Q3 25 | $148.8M | $408.4M | ||
| Q2 25 | $-11.9M | $398.4M | ||
| Q1 25 | $18.9M | $381.1M | ||
| Q4 24 | $21.7M | $387.2M | ||
| Q3 24 | $11.2M | $416.6M | ||
| Q2 24 | $39.3M | $408.1M | ||
| Q1 24 | $61.6M | $391.8M |
| Q4 25 | $480.2M | $823.2M | ||
| Q3 25 | $506.9M | $844.4M | ||
| Q2 25 | $372.7M | $822.1M | ||
| Q1 25 | $386.7M | $824.6M | ||
| Q4 24 | $392.3M | $794.2M | ||
| Q3 24 | $363.6M | $853.4M | ||
| Q2 24 | $381.8M | $830.0M | ||
| Q1 24 | $258.7M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-25.4M | $23.3M |
| Free Cash FlowOCF − Capex | — | $14.1M |
| FCF MarginFCF / Revenue | — | 14.1% |
| Capex IntensityCapex / Revenue | — | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-25.4M | $23.3M | ||
| Q3 25 | $-26.6M | $51.0M | ||
| Q2 25 | $-23.3M | $36.0M | ||
| Q1 25 | $-40.4M | $-46.9M | ||
| Q4 24 | $-18.8M | $6.2M | ||
| Q3 24 | $-25.2M | $37.2M | ||
| Q2 24 | $-29.1M | $52.4M | ||
| Q1 24 | $-40.7M | $-34.5M |
| Q4 25 | — | $14.1M | ||
| Q3 25 | — | $45.2M | ||
| Q2 25 | — | $29.1M | ||
| Q1 25 | — | $-50.3M | ||
| Q4 24 | — | $-98.0K | ||
| Q3 24 | — | $33.2M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $-39.9M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | -45.2% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | -36.0% |
| Q4 25 | — | 9.2% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RYTM
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
