Algorhythm Holdings (RIME)
NASDAQ:RIME
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Earnings Data
Report Date
Aug 25, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.79Last Year’s EPS
-0.24Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and financial progress: large YoY and sequential revenue growth, a rising annualized revenue run rate (> $12M), expanding customer base and fleet, improved liquidity ($10.9M cash) and a return to positive stockholders’ equity. Management also closed $9.5M financing and launched the Apex SaaS strategy with an expanding U.S. enterprise pipeline. Offsetting those positives are meaningful near-term margin and expense headwinds: a $680K gross loss driven by ramping truck contracts, operating expenses up materially (≈+236%), continued net losses ($5.4M), and a missed $1.5M promissory payment currently under forbearance (management characterizes this as a deliberate capital allocation decision). Overall, the company shows clear growth momentum and improved balance-sheet metrics, but execution risks and near-term profitability pressures remain.Company Guidance
Explosive Revenue Growth (YoY and QoQ)
Net sales increased 1,850% year-over-year to $2.4M (from $0.123M) and rose 71% sequentially from $1.4M in Q4 2025 to Q1 2026, driven primarily by the acquisition of SMCB (SemiCab India).
Rising Annualized Revenue Run Rate and 2026 Outlook
SemiCab's annualized revenue run rate increased to more than $12M in Q1 2026, with management guidance targeting $15M–$20M by the end of 2026 (implying projected ARR growth of ~25%–67% from current run rate).
Operational Volume and Fleet Expansion
Delivered 5,716 loads across 14 customers in Q1 and grew the dedicated truck fleet by 30% from December through March, indicating traction in managed services and capacity expansion.
Major Customer Wins and Contract Expansion
Started 2026 serving large shippers in India (Procter & Gamble, Unilever, Kellanova, Asian Paints) and added Coca-Cola India and MTR Foods during the quarter; expanded master service agreement with Apollo Tyres.
Strengthened Balance Sheet and Liquidity
Cash on hand increased to $10.9M at March 31, 2026 from $6.1M at December 31, 2025 (≈+78.7%), and management reported ~$9.4M cash on May 2, 2026; closed $9.5M secured prepaid purchase financing in February to support SemiCab growth.
Return to Positive Stockholders' Equity
Stockholders' equity turned positive to $3.2M from a deficit of $1.9M at end of 2025 (improvement of ≈$5M), exceeding NASDAQ's $2.5M continued listing threshold.
Improvement in Non-Recurring Other Expenses
Other expenses declined $5.4M to $1.0M in Q1 2026 from $6.5M in Q1 2025 (≈83% decrease), primarily due to the absence of the prior-year noncash warrant fair-value charge.
Reduced Net Loss from Continuing Operations
Net loss from continuing operations decreased by $2.1M (≈28%) to $5.4M in Q1 2026 from $7.5M in Q1 2025, reflecting lower noncash warrant charges partially offset by higher operating costs.
Apex SaaS Strategy and U.S. Pipeline Progress
Launched Apex SaaS platform targeting the U.S. full-truckload market ($450B TAM). Management reports an expanding U.S. pipeline with positive customer feedback and active enterprise sales cycles (enterprise pilots expected over time).
RIME Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RIME Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $0.69 | $0.72 | +3.90% |
Apr 02, 2026 | $1.32 | $1.26 | -4.55% |
Nov 19, 2025 | $1.98 | $1.52 | -23.23% |
Aug 20, 2025 | $2.59 | $2.09 | -19.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Algorhythm Holdings (RIME) report earnings?
Algorhythm Holdings (RIME) is schdueled to report earning on Aug 25, 2026, TBA (Confirmed).
What is Algorhythm Holdings (RIME) earnings time?
Algorhythm Holdings (RIME) earnings time is at Aug 25, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RIME EPS forecast?
RIME EPS forecast for the fiscal quarter 2026 (Q2) is -0.79.