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

RHYTHM PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($57.3M vs $37.2M, roughly 1.5× Waterstone Financial, Inc.). On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs 16.7%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% CAGR vs 7.1%).

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.

Waterstone Financial, Inc. is a U.S. bank holding company headquartered in Wisconsin. It offers retail and commercial banking services, residential mortgages, and wealth management solutions, primarily serving consumers and small to medium-sized businesses across the U.S. Midwest region.

RYTM vs WSBF — Head-to-Head

Bigger by revenue
RYTM
RYTM
1.5× larger
RYTM
$57.3M
$37.2M
WSBF
Growing faster (revenue YoY)
RYTM
RYTM
+20.1% gap
RYTM
36.9%
16.7%
WSBF
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
7.1%
WSBF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RYTM
RYTM
WSBF
WSBF
Revenue
$57.3M
$37.2M
Net Profit
$-47.5M
Gross Margin
91.6%
Operating Margin
-82.2%
27.0%
Net Margin
-83.0%
Revenue YoY
36.9%
16.7%
Net Profit YoY
-9.6%
EPS (diluted)
$-0.73
$0.43

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
RYTM
RYTM
WSBF
WSBF
Q4 25
$57.3M
$37.2M
Q3 25
$51.3M
$37.0M
Q2 25
$48.5M
$38.0M
Q1 25
$32.7M
$29.7M
Q4 24
$41.8M
$31.8M
Q3 24
$33.3M
$34.1M
Q2 24
$29.1M
$37.2M
Q1 24
$26.0M
$32.4M
Net Profit
RYTM
RYTM
WSBF
WSBF
Q4 25
$-47.5M
Q3 25
$-52.9M
$7.9M
Q2 25
$-46.6M
$7.7M
Q1 25
$-49.5M
$3.0M
Q4 24
$-43.3M
Q3 24
$-43.6M
$4.7M
Q2 24
$-32.3M
$5.7M
Q1 24
$-141.4M
$3.0M
Gross Margin
RYTM
RYTM
WSBF
WSBF
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
RYTM
RYTM
WSBF
WSBF
Q4 25
-82.2%
27.0%
Q3 25
-102.6%
26.6%
Q2 25
-93.4%
25.4%
Q1 25
-143.7%
13.1%
Q4 24
-98.6%
19.5%
Q3 24
-132.0%
17.3%
Q2 24
-139.2%
19.2%
Q1 24
-538.7%
14.7%
Net Margin
RYTM
RYTM
WSBF
WSBF
Q4 25
-83.0%
Q3 25
-103.1%
21.4%
Q2 25
-96.1%
20.3%
Q1 25
-151.4%
10.2%
Q4 24
-103.6%
Q3 24
-131.2%
13.9%
Q2 24
-110.9%
15.4%
Q1 24
-544.4%
9.4%
EPS (diluted)
RYTM
RYTM
WSBF
WSBF
Q4 25
$-0.73
$0.43
Q3 25
$-0.82
$0.45
Q2 25
$-0.75
$0.43
Q1 25
$-0.81
$0.17
Q4 24
$-0.71
$0.28
Q3 24
$-0.73
$0.26
Q2 24
$-0.55
$0.31
Q1 24
$-2.35
$0.16

Balance Sheet & Financial Strength

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

Metric
RYTM
RYTM
WSBF
WSBF
Cash + ST InvestmentsLiquidity on hand
$388.9M
Total DebtLower is stronger
$412.3M
Stockholders' EquityBook value
$139.1M
$349.4M
Total Assets
$480.2M
$2.3B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RYTM
RYTM
WSBF
WSBF
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
Total Debt
RYTM
RYTM
WSBF
WSBF
Q4 25
$412.3M
Q3 25
$469.1M
Q2 25
$465.7M
Q1 25
$395.9M
Q4 24
$446.5M
Q3 24
$560.1M
Q2 24
$660.8M
Q1 24
$634.2M
Stockholders' Equity
RYTM
RYTM
WSBF
WSBF
Q4 25
$139.1M
$349.4M
Q3 25
$148.8M
$345.5M
Q2 25
$-11.9M
$341.5M
Q1 25
$18.9M
$341.4M
Q4 24
$21.7M
$339.1M
Q3 24
$11.2M
$342.0M
Q2 24
$39.3M
$334.9M
Q1 24
$61.6M
$338.0M
Total Assets
RYTM
RYTM
WSBF
WSBF
Q4 25
$480.2M
$2.3B
Q3 25
$506.9M
$2.3B
Q2 25
$372.7M
$2.3B
Q1 25
$386.7M
$2.2B
Q4 24
$392.3M
$2.2B
Q3 24
$363.6M
$2.2B
Q2 24
$381.8M
$2.3B
Q1 24
$258.7M
$2.2B
Debt / Equity
RYTM
RYTM
WSBF
WSBF
Q4 25
1.18×
Q3 25
1.36×
Q2 25
1.36×
Q1 25
1.16×
Q4 24
1.32×
Q3 24
1.64×
Q2 24
1.97×
Q1 24
1.88×

Cash Flow & Capital Efficiency

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

Metric
RYTM
RYTM
WSBF
WSBF
Operating Cash FlowLast quarter
$-25.4M
$24.2M
Free Cash FlowOCF − Capex
$23.0M
FCF MarginFCF / Revenue
61.9%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RYTM
RYTM
WSBF
WSBF
Q4 25
$-25.4M
$24.2M
Q3 25
$-26.6M
$32.7M
Q2 25
$-23.3M
$-38.4M
Q1 25
$-40.4M
$26.7M
Q4 24
$-18.8M
$48.1M
Q3 24
$-25.2M
$74.1M
Q2 24
$-29.1M
$-39.5M
Q1 24
$-40.7M
$-9.9M
Free Cash Flow
RYTM
RYTM
WSBF
WSBF
Q4 25
$23.0M
Q3 25
$32.4M
Q2 25
$-38.5M
Q1 25
$26.5M
Q4 24
$47.0M
Q3 24
$73.9M
Q2 24
$-39.7M
Q1 24
$-10.3M
FCF Margin
RYTM
RYTM
WSBF
WSBF
Q4 25
61.9%
Q3 25
87.5%
Q2 25
-101.2%
Q1 25
89.2%
Q4 24
147.5%
Q3 24
216.9%
Q2 24
-106.7%
Q1 24
-31.9%
Capex Intensity
RYTM
RYTM
WSBF
WSBF
Q4 25
3.1%
Q3 25
0.8%
Q2 25
0.2%
Q1 25
0.9%
Q4 24
3.5%
Q3 24
0.6%
Q2 24
0.4%
Q1 24
1.2%
Cash Conversion
RYTM
RYTM
WSBF
WSBF
Q4 25
Q3 25
4.13×
Q2 25
-4.98×
Q1 25
8.81×
Q4 24
Q3 24
15.67×
Q2 24
-6.92×
Q1 24
-3.27×

Financial Flow Comparison

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

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