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Cytokinetics

CYTK

Cytokinetics is a fully-integrated specialty biopharmaceutical company focused on the discovery, development, and commercialization of first-in-class muscle activators and inhibitors.

Market cap
$11.52B+178%
Revenue$105.8M+451%
Net income-$829.6M-34.8%
Free cash flow-$548.9M-34.7%
EPS (diluted)-$6.84-29.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$17.1M
EPS estimate-$1.64

Financials

Q1 2026

Income statement

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Revenue$19.4M+1,126%
Operating income-$183.6M-18.0%
Net income-$206.0M-27.7%
EPS (diluted)-$1.67-22.8%

Balance sheet

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Cash & equivalents$129.8M+76.2%
Total debt$418.2M+75.8%
Total equity-$826.6M-210%
Total assets$1.3B+0.7%

Cash flow

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Operating cash flow-$145.5M-10.5%
CapEx$5.9M+4.7%
Free cash flow-$151.4M-10.3%

Valuation & ratios

Valuation

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Market cap$11.52B+178%
Enterprise value$11.81B+170%
P/S108.9×+60.6×

Profitability

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Operating margin-605.1%-268pp
Net margin-784%-337pp
FCF margin-518.8%-223pp

Returns & leverage

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Current ratio4.2×-1.8×

Segments

By product

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License And Milestone Revenues$11.9M
Net Product Revenue$4.8M
Collaboration Revenues$2.6M+67.0%

Competitors

Profile

Cytokinetics is a fully-integrated specialty biopharmaceutical company focused on the discovery, development, and commercialization of first-in-class muscle activators and inhibitors. The company leverages its expertise in the cytoskeleton and muscle biology to treat debilitating cardiovascular and neuromuscular diseases. Its core value proposition centers on modulating muscle function and contractility to improve patient healthspan and address high unmet medical needs.

Competitive position

A leader in muscle biology and mechanics, transitioning from a clinical-stage R&D firm to a commercial-stage specialty biopharmaceutical company with the approval of MYQORZO.

GeographiesUnited States, European Union, China, Japan
Customer segmentsSpecialty healthcare providers, Patients with cardiovascular disease, Patients with neuromuscular disorders
Business modelR&D-driven drug development, Direct product commercialization, Licensing and royalties
SuppliersContract Manufacturing Organizations (CMOs), Raw material suppliers in China and Asia, Academic research institutions, Clinical trial investigators
CustomersSpecialty pharmacies, Drug wholesalers, Hospitals, Healthcare providers, Third-party payors
Listed2004
Employees564.0
CEORobert I. Blum
FilingsSEC EDGAR

Questions, answered.

What is Cytokinetics's market cap?
Cytokinetics (CYTK) has a market capitalization of $11.5B and trades on NASDAQ.
What is Cytokinetics's revenue and profitability?
Cytokinetics generated $105.8M in trailing twelve-month revenue with a net loss of $829.6M, representing a net margin of -784.0%, with free cash flow of -$548.9M. These figures are based on the Q1 2026 filing.
Who are Cytokinetics's competitors?
Cytokinetics's key competitors include Edgewise Therapeutics, Tenaya Therapeutics, Bristol Myers Squibb, and others. These companies compete in similar markets and product categories.
Who does Cytokinetics partner with?
Cytokinetics's notable partners include Sanofi, Bayer, Royalty Pharma, and others.
Where is Cytokinetics headquartered?
Cytokinetics is headquartered in United States of America and employs approximately 564 people. It has been publicly traded since 2004.