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Cytokinetics CYTK Operating margin

Operating margin at other companies

BioMarin Pharmaceuticals logo
BioMarin PharmaceuticalsBMRN
19.9%+7.2pp
Medtronic logo
MedtronicMDT
17.8%0.0pp
Boston Scientific logo
Boston ScientificBSX
18.4%+2.2pp

Other financials

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

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

Profitability

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Net margin-784%-337pp
FCF margin-518.8%-223pp

Returns & leverage

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

Where this comes from

Calculated from Cytokinetics’s reported figures.

Based on trailing twelve months.

The official record: Cytokinetics’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cytokinetics's operating margin?
Cytokinetics (CYTK) reported operating margin of -605.1% in Q1 2026.
How has Cytokinetics's operating margin changed year-over-year?
Cytokinetics's operating margin increased by 79.4% year-over-year, from -2,943.3% to -605.1%.
What is the long-term trend for Cytokinetics's operating margin?
Over 5 years (2020 to 2025), Cytokinetics's operating margin has grown at a 32.8% compound annual growth rate (CAGR), from -168.3% to -695.4%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.