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Cytokinetics CYTK Operating Income

Operating Income at other companies

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-$54.12M-17.7%
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Kiniksa Pharmaceuticals International, plc logo
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$27.19M+34.9%
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Solid Biosciences Inc.SLDB
-$57.38M-37.6%
iRhythm Holdings, Inc. logo
iRhythm Holdings, Inc.IRTC
-$2.54M+86.4%

Other financials

Income statement

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Revenue$28.6M-57.1%
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

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Market cap$10.71B+155%
Enterprise value$10.85B+145%
P/S158.2×+109×

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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Return on equity-337.6%
Debt / equity2.2×
Current ratio6.7×-0.1×

Where this comes from

Reported directly by Cytokinetics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Cytokinetics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338217
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Cost of goods sold2,7312,891
Collaboration cost of revenues2,8612,4165,2533,995
Total operating expenses207,796178,275410,769335,485
Operating loss(179,172)(111,506)(362,790)(267,137)
Interest and other expense, net(14,654)(11,084)(29,173)(19,952)
Non-cash interest expense on liabilities related to revenue participation right purchase agreements(20,177)(13,181)(38,993)(27,259)
Interest and other income, net13,94113,00124,96326,702
Change in fair value of derivative liabilities(1,100)3,0004002,600

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Cytokinetics's operating income?
Cytokinetics (CYTK) reported operating income of -$179.17M in Q2 2026.
How has Cytokinetics's operating income changed year-over-year?
Cytokinetics's operating income decreased by 60.7% year-over-year, from -$111.51M to -$179.17M.
What is the long-term trend for Cytokinetics's operating income?
Over 4 years (2021 to 2025), Cytokinetics's operating income has grown at a 34.6% compound annual growth rate (CAGR), from -$186.31M to -$612.26M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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