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Cytokinetics CYTK Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$28.6MBeat by $11.0M
EPS-$1.50Beat by $0.13
Revenue estimate$17.6M
EPS estimate-$1.63
Our second quarter results demonstrate commercial launch momentum for MYQORZO alongside continued excellence for our development pipeline, both hallmarks of continued strong execution for our maturing business. In the U.S., we continued to build launch velocity evidenced by expanding physician adoption and increasing patient access. Internationally, we launched MYQORZO in Germany and laid the foundation for broadening access to aficamten by submitting reimbursement dossiers alongside regulatory filings advancing in multiple countries in Europe. We look forward to sharing results from ACACIA-HCM later this month and submitting a supplemental NDA to the U.S. Food and Drug Administration in the fourth quarter. Having also secured additional capital during the recent quarter, we have the financial resources to invest in both the global commercialization of MYQORZO and the continued progression of our pipeline, positioning us well to maximize the potential of our specialty cardiology franchise.
Robert I. Blum

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$39.9M
EPS estimate-$1.45

Financials

Q2 2026

Income statement

See full
Revenue$28.6M-57.1%
Operating income-$179.2M-60.7%
Net income-$198.8M-47.9%
EPS (diluted)-$1.50-33.9%

Balance sheet

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Cash & equivalents$255.3M+241%
Total debt$399.0M+31.2%
Total equity-$173.5M+52.9%
Total assets$1.9B+57.0%

Cash flow

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Operating cash flow-$159.8M-24.6%
CapEx$4.3M+4.6%
Free cash flow-$164.2M-24.0%

Valuation & ratios

Valuation

as of 09/17/26
See full
Market cap$9.65B+69.5%
Enterprise value$9.79B+65.4%
P/S142.6×+76.2×

Profitability

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Operating margin-1,046.1%+1,858pp
Net margin-1,321.1%+8,702pp
FCF margin-858.2%+1,799pp

Returns & leverage

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Current ratio6.7×-0.1×

Segments

By product

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License And Milestone Revenues$11.9M-81.5%
Development And Commercial Milestones$10.0M
Collaboration Revenues$3.3M+36.2%

FAQ

When did Cytokinetics report Q2 2026 earnings?
Cytokinetics (CYTK) reported Q2 2026 earnings on August 6, 2026 after market close.
What were Cytokinetics's Q2 2026 revenue and EPS?
Cytokinetics reported revenue of $28.6M and eps of $-1.50 for Q2 2026.
Did Cytokinetics beat estimates in Q2 2026?
Revenue beat the consensus estimate of $17.6M by $11.0M. EPS beat the consensus estimate of $-1.63 by $0.13.
How did Cytokinetics's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 57.1% from $66.8M a year earlier and eps declined 33.9% from $-1.12.
Where can I find Cytokinetics's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-338021) and the 10-Q periodic report (0001193125-26-338217) directly on SEC EDGAR. The filing index links above go to sec.gov.