Inferra AI / Company / CYTK

Cytokinetics Inc.

CYTK · Health Care

Last earnings Aug 6, 2026

Key results

Total revenuequarter

$66.8 million

Revenues • Total revenues for the second quarter of 2025 were $66.8 million compared to $0.2 million for the same period in 2024.

SEC original ↗Cytokinetics Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Revenuequarter

$52.4 million

Revenues in the second quarter of 2025 included the recognition of $52.4 million related to the Company’s license and collaboration agreement for aficamten in Japan with Bayer, and $11.7 million for the achievement of clinical milestones in the non-obstructive HCM and obstructive HCM trials in Japan.

SEC original ↗Cytokinetics Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Research and developmentquarter

$112,554 thousand

Research and development 112,554 79,597 212,395 161,167

SEC original ↗Cytokinetics Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

AI analysis

Q2 2025 · reported Aug 7, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Total revenue · Q2 2025
$66.8M
+33300.0% +$67M vs year ago computed from stated figures
EX-99 · Aug 7, 2025
Revenue · Q2 2025
$52.4M
EX-99 · Aug 7, 2025
Research and development · Q2 2025
$112,554 thousand
EX-99 · Aug 7, 2025

The quarter in charts

Revenue — quarterly

As stated

0255075$0.2MSame quarter last year$66.8MQ2 2025

EX-99 · Aug 7, 2025 Statement values as stated in the release.

Headline figures

MetricQ2 2025Prior qtrYear ago
Total revenue$66.8 million—$0.2 million
Revenue$52.4 million——
Research and development$112,554 thousand——

EX-99 · Aug 7, 2025

Guidance · company-stated

Direction: Reiterated

Company outlook

“2025 Financial Guidance The company is maintaining its full year 2025 financial guidance: GAAP operating expense* $670 million to $710 million Non-cash stock-based compensation expense included in GAAP operating expense $120 million to $110 million *GAAP operating expense comprised of R&D and SG&A expenses.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

The Company received $75 million in proceeds from the drawing on Tranche 4 of the Royalty Pharma Multi Tranche Term Loan in the second quarter of 2025.

Bank National Association) 2026 Notes Cytokinetics 4% convertible senior notes due 2026 2027 Indenture Indenture, dated July 6, 2022, between Cytokinetics and U.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

CYTOKINETICS REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE Regulatory Reviews of Aficamten for Obstructive HCM Progressing in U.S., E.U

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Company outlook: “2025 Financial Guidance The company is maintaining its full year 2025 financial guidance: GAAP operating expense* $670 million to $710 million Non-cash stock-based compensation expense included in GAAP operating expense $120 million to $110 million *GAAP operating expense comprised of R&D and SG&A expenses.”

Company outlook — Reiterated (“maintaining”)
“2025 Financial Guidance The company is maintaining its full year 2025 financial guidance: GAAP operating expense* $670 million to $710 million Non-cash stock-based compensation expense included in GAAP operating expense $120 million to $110 million *GAAP operating expense comprised of R&D and SG&A expenses.”

Classified from the release's primary full-year outlook statement.

Capital allocation

The Company received $75 million in proceeds from the drawing on Tranche 4 of the Royalty Pharma Multi Tranche Term Loan in the second quarter of 2025.

SEC original ↗Cytokinetics Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Bank National Association) 2026 Notes Cytokinetics 4% convertible senior notes due 2026 2027 Indenture Indenture, dated July 6, 2022, between Cytokinetics and U.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Bank Trust Company, as trustee 2027 Notes Cytokinetics 3.50% convertible senior notes due 2027 2031 Indenture Indenture, dated September 19, 2025, between Cytokinetics and U.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

To date, we have funded operations primarily through sales of our common stock, contract payments under our collaboration agreements, sales of future revenues and royalties, debt financing arrangements, and interest income, but we will increasingly rely on revenues generated from the commercial sales of MYQORZO to fund our operations and cash expenditures.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Until we achieve profitable operations, we intend to continue to fund operations through payments from strategic collaborations, additional sales of equity securities, and debt financings in addition to our commercial sales revenue.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Pursuant to the 2022 RPI Transactions, the RP Multi Tranche Loan Agreement and the RP Aficamten RPA described below, are determined to be debt instruments subsequently measured at amortized cost and were entered into with parties that were at the time of our entry into the 2022 RPI Transactions affiliated and in contemplation of one another.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

With our current balance sheet and additional access to capital, we are well-positioned to execute on both the commercialization and potential label expansion opportunities of aficamten while also advancing our later-stage specialty cardiovascular pipeline.

SEC original ↗Cytokinetics Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We are a biopharmaceutical company focused on discovering, developing and commercializing novel muscle activators and muscle inhibitors as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Until we achieve profitable operations, we intend to continue to fund operations through payments from strategic collaborations, additional sales of equity securities, and debt financings in addition to our commercial sales revenue.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Our success is dependent on our ability to obtain additional capital by entering into financings or new strategic collaborations, and ultimately on our and our collaborators ability to successfully develop and market our drugs and drug candidates.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Alternatively, we might raise funds through strategic collaborations, public or private financings or other arrangements.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Risks & headwinds

Legal Proceedings 39 Item 1A.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

SEC original ↗Cytokinetics Inc. — 10-Q Quarterly report10-QAug 6, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

32 documents

Earnings releases

8 documents

Presentations

0 documents

No presentations for Cytokinetics Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Cytokinetics Inc. are held in this edition of the library.

Mentioned by

6 companies

Other tracked companies whose held documents mention Cytokinetics Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.