Skip to content

Cytokinetics CYTK License And Milestone Revenues — Deferred Revenue Current

Discontinued — last reported Q4 '24

Similar metrics at other companies

Natera, Inc. logo
NTRAMilestone Payments — Contract With Customer Liability Current
$1M0.0%
Neurocrine Biosciences logo
NBIXLicense — Deferred revenue, balance
$3.5M
Summit Therapeutics logo
SMMTLicensing agreements — Deferred revenue for enrollment milestone
$1.25M
Rivian Automotive, Inc. logo
RIVNFinancial Milestone Payments — Total deferred revenues
$250M
Natera, Inc. logo
NTRAMilestone Payments — Contract With Customer Liability Revenue Recognized
$4.5M
Incyte logo
INCYMilestone Revenue — Revenue
$5M

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$10.7B+70.6%
Enterprise value$10.98B+70.7%
P/S101.1×-225×

Profitability

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

Returns & leverage

See full
Return on equity-337.6%
Debt / equity2.2×
Current ratio4.2×-1.8×

Where this comes from

Reported directly by Cytokinetics in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenueCurrent.

The official record: Cytokinetics’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about Cytokinetics's license and milestone revenues — deferred revenue current.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Cytokinetics's license and milestone revenues — deferred revenue current?
Cytokinetics (CYTK) reported license and milestone revenues — deferred revenue current of $52.4M in Q4 2024.
What does license and milestone revenues — deferred revenue current mean?
Payments received from partners for future services or milestones that have not yet been earned as revenue.
How do you interpret license and milestone revenues — deferred revenue current?
An increase suggests strong upfront payments from new or existing partnerships, signaling future revenue potential, while a decrease may indicate that the company is fulfilling its obligations faster than it is securing new contracts.
How does license and milestone revenues — deferred revenue current compare across companies?
Commonly referred to as 'Deferred Revenue' or 'Contract Liabilities' in the biotech industry, reflecting the pipeline of work owed to partners.