Feed / CYTK

Cytokinetics, Incorporated

CYTK

Healthcare · 73.65 -0.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Cytokinetics, Incorporated's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 18 directly disclosed connections are confirming.

Company-0.7% todayVolume comparison unavailable
Market group0 of 37 activeBiotechnology · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • FDA placed a partial clinical hold on CK-089 that limited dosing at plasma exposures above certain levels.

Invalidation: The isolated read changes if CYTK's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 18 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • FDA placed a partial clinical hold on CK-089 that limited dosing at plasma exposures above certain levels.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements87
Verified relationships14
Evidence supporting the case
  • Latest annual revenue changed +376.6% year over year.
  • Operating margin changed +2207.3 percentage points in the latest annual period.
  • Net margin changed +2299.5 percentage points in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 7.3% in the latest annual period.
Questions before a position
  • EV/sales is 377% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

73.65
6m+15.7%12m+43.0%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$70.4M+26.2%$-2.80+19.2%
2022-12-31$94.6M+34.3%$-4.33+16.8%
2023-12-31$7.5M-92.0%$-5.45+7.5%
2024-12-31$18.5M+145.3%$-5.26+16.0%
2025-12-31$88.0M+376.6%$-6.54+7.3%

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dmixed · 5 filings
Selling, general and administrative expenses for the six months ended June 30, 2026 increased by $86.2 million from the six months ended June 30, 2025, primarily due to external costs associated with the commercial launch of MYQORZO and higher personnel relat…
10-Q · Aug 6, 2026
Credit and interest ratesmixed · 3 filings
Interest expense in 2026 is expected to increase further because of the $100 million drawn in October 2025 for Tranche 5 which will be outstanding for the entirety of 2026.
10-Q · Aug 6, 2026
Legal and regulatory exposuremixed · 2 filings
We are also eligible for an additional €490 million in commercial milestone payments upon the achievement by Bayer of certain sales milestones and tiered royalties on the net sales of pharmaceutical products containing aficamten in Japan ranging from the high…
10-Q · May 5, 2026
Supply chain and availabilitynegative · 1 filings
The decrease was primarily due to higher clinical trial activity, supply chain costs and medical fairs activities in 2025 partially offset by higher personnel-related costs in 2026.
10-Q · Aug 6, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 100.5× · EV/sales 101.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

73.65-0.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CYTK. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CYTK. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CYTK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

SNYSanofipartnerFeb 26, 2026

In December 2024, Corxel assigned its rights and obligations under our license and collaboration agreement to Genzyme Corporation, an affiliate of Sanofi.

AMGNAmgen Inc.investeeFeb 26, 2026

2017 RP Omecamtiv Mecarbil Royalty Purchase Agreement In February 2017, we entered into the RP OM RPA pursuant to which we sold a portion of our right to receive royalties from Amgen on future net sales of omecamtiv mecarbil to RPFT for a one-time payment of…

Depended on by

EWTXEdgewise Therapeutics, Inc.competitorMay 7, 2026

In the field of emerging treatments for HCM, competitors include Bristol-Myers Squibb (BMS), Cytokinetics, Imbria Pharmaceuticals, Lexicon Pharmaceuticals, and Celltrion, and Braveheart Bio.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 15 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CYTK is currently a Follower in the organic co-movement group Biotechnology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for CYTK; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.