Cytokinetics Inc income statement
In fiscal 2025, Cytokinetics Inc reported revenue of $88.0m, up 376.6% on the year before, operating income of −$612m (a -695.4% margin) and net income of −$785m, or −$6.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 82 | 3 | 4 | 8 | 31 | 47 | 29 | 106 | 13 | 32 | 27 | 56 | 70 | 95 | 8 | 18 | 88 | 68 |
| Research and development | 40 | 38 | 37 | 36 | 49 | 44 | 46 | 60 | 90 | 89 | 86 | 97 | 160 | 241 | 330 | 339 | 416 | 397 |
| General and administrative | 16 | 14 | 14 | 12 | 15 | 17 | 20 | 28 | 36 | 31 | 40 | 53 | 97 | 178 | 174 | 215 | 284 | — |
| Operating income | 26 | −50 | −48 | −40 | −34 | −15 | −37 | 19 | −113 | −89 | −99 | −94 | −186 | −324 | −496 | −536 | −612 | −708 |
| Interest expense | — | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 4 | 7 | 16 | 16 | 19 | 28 | 38 | 46 | — |
| Income before tax | 25 | −49 | −48 | −40 | −34 | −15 | −38 | 16 | −128 | −106 | — | — | — | — | — | — | — | — |
| Income tax | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | 25 | −49 | −48 | −40 | −34 | −15 | −38 | 16 | −128 | −106 | −122 | −127 | −215 | −389 | −526 | −590 | −785 | −894 |
| Diluted EPS | $2.52 | −$4.62 | −$4.32 | −$2.30 | −$1.24 | −$0.41 | −$0.97 | $0.39 | −$2.59 | −$1.95 | −$2.11 | −$1.97 | −$2.80 | −$4.33 | −$5.45 | −$5.26 | −$6.54 | −$7.18 |
| Diluted shares (average) | 10m | 11m | 12m | 18m | 27m | 36m | 39m | 43m | 49m | 54m | 58m | 65m | 77m | 90m | 97m | 112m | 120m | 124m |
| EBITDA | 28 | −48 | −47 | −40 | −33 | −14 | −37 | 19 | −111 | −88 | −98 | −92 | −184 | −318 | −484 | −527 | −602 | −695 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 17 | 2 | 67 | 2 | 18 | 19 | 29 |
| Research and development | 85 | 94 | 98 | 110 | 99 | 104 | 96 | 98 |
| Selling, general and administrative | — | — | 57 | 66 | — | — | 105 | 104 |
| General and administrative | 57 | 62 | — | — | 69 | 92 | — | — |
| Operating income | −141 | −139 | −156 | −112 | −167 | −178 | −184 | −179 |
| Interest expense | 9 | 9 | — | 11 | 11 | 14 | — | — |
| Net income | −161 | −150 | −161 | −134 | −306 | −183 | −206 | −199 |
| Diluted EPS | −$1.36 | −$1.26 | −$1.36 | −$1.12 | −$2.55 | −$1.50 | −$1.67 | −$1.50 |
| EBITDA | −138 | −137 | −153 | −109 | −164 | −176 | −180 | −176 |
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