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Cytokinetics CYTK Payment-in-kind interest

Payment-in-kind interest at other companies

Ready Capital logo
Ready CapitalRC
$708K+194%
KKR Real Estate Finance Trust logo
KKR Real Estate Finance TrustKREF
$0-100%
Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
$5.11M+43.0%
TPG RE Finance Trust, Inc. logo
TPG RE Finance Trust, Inc.TRTX
$0
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
$9.78M
VICI Properties Inc. logo
VICI Properties Inc.VICI
$13.54M

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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Operating margin-605.1%-268pp
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

Reported directly by Cytokinetics in its filing.

Tagged under the XBRL concept us-gaap:PaidInKindInterest.

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 payment-in-kind interest?
Cytokinetics (CYTK) reported payment-in-kind interest of $8.46M in Q1 2026.
How has Cytokinetics's payment-in-kind interest changed year-over-year?
Cytokinetics's payment-in-kind interest increased by 144.9% year-over-year, from $3.45M to $8.46M.
What is the long-term trend for Cytokinetics's payment-in-kind interest?
Over 3 years (2021 to 2025), Cytokinetics's payment-in-kind interest has grown at a 47.6% compound annual growth rate (CAGR), from $7.13M to $22.9M.
What does payment-in-kind interest mean?
Interest expense added to the loan balance instead of being paid in cash.
How do you interpret payment-in-kind interest?
An increase suggests the company is preserving cash but accumulating higher future debt obligations.
How does payment-in-kind interest compare across companies?
Common in biotech and growth-stage companies managing liquidity constraints.