Cytokinetics, Incorporated logo CYTK - Cytokinetics, Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 33
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $99.92 DETAILS
HIGH: $140.00
LOW: $83.00
MEDIAN: $99.00
CONSENSUS: $99.92
UPSIDE: 29.87%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue
Revenue 88.0 18.5 7.5 94.6 70.4 55.8 26.9 31.5 13.4 106.4 28.7 46.9 30.6 7.6 4 2.6 81.5 12.4 13.6 3.1 8.9 13.4 10.6 11.4 8.5 0
Cost of Revenue 10.1 339.4 330.1 240.8 159.9 97.0 86.1 89.1 90.3 64.4 46.4 44.4 49.5 35.6 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 77.9 (320.9) (322.6) (146.2) (89.5) (41.1) (59.3) (57.6) (76.9) 42.0 (17.7) 2.5 (18.8) (28.1) 4 2.6 81.5 12.4 13.6 3.1 8.9 13.4 10.6 11.4 8.5 0
Operating Expenses
R&D Expenses 405.9 339.4 330.1 240.8 159.9 97.0 86.1 89.1 90.3 59.9 46.4 44.4 49.5 35.6 37.2 38.0 39.8 54.0 53.4 49.2 40.6 39.9 34.0 28.4 21.0 10.4
SG&A Expenses 284.3 215.3 173.6 178.0 96.8 52.8 39.6 31.3 36.5 27.8 19.7 17.3 15.1 11.7 13.6 14.2 15.6 15.1 16.7 15.2 13.0 12.0 9.2 7.0 5.9 3.4
Other Expenses 0 (339.4) (330.1) (240.8) (159.9) (97.0) (86.1) (89.1) (90.3) (64.4) (46.4) (44.4) (49.5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 690.2 215.3 173.6 178.0 96.8 52.8 39.6 31.3 36.5 23.3 19.7 17.3 15.1 12.4 50.8 52.2 55.5 69.0 70.1 64.5 53.5 51.9 43.2 35.4 26.9 13.8
Operating Income
Operating Income (612.3) (536.2) (496.2) (324.2) (186.3) (93.9) (98.9) (88.9) (113.4) 18.7 (37.4) (14.8) (33.9) (39.1) (48.0) (49.6) 26.1 (59.1) (56.5) (61.3) (44.6) (38.4) (32.6) (24.0) (18.4) (13.8)
Interest Expense 103.9 86.5 57.7 51.2 29.3 38.7 27.4 21.6 17.0 2.2 0.1 0 0 0.0 0 0.2 0.4 0.5 0.7 0.5 0.5 0.5 2.5 1.3 0.4 0.3
Interest Income 48.4 51.5 27.6 11.3 0.3 5.3 4.5 4.2 2.6 0 0 0.1 0.2 0.1 0.1 0.3 0.6 3.2 8.3 4.7 2.9 1.8 2.4 2.2 0 0
Profitability
EBITDA (775.3) (493.5) (456.7) (329.4) (176.3) (86.8) (93.0) (83.5) (108.9) 14.9 (36.7) (14.2) (33.3) (39.8) (46.5) (47.4) 27.1 (53.4) (45.4) (53.7) (38.7) (33.4) (29.4) (21.1) (18.4) (13.8)
EBIT (785.0) (503.0) (468.6) (337.8) (186.0) (88.6) (94.3) (84.7) (110.8) 14.2 (37.3) (14.6) (33.7) (40.4) (47.8) (49.3) 25.1 (55.9) (56.5) (61.3) (44.6) (38.4) (32.6) (24.0) (18.4) 0
Income Before Tax (785.0) (589.5) (526.2) (389.0) (215.3) (127.3) (121.7) (106.3) (127.8) 16.5 (37.5) (14.6) (33.7) (39.0) (47.9) (49.5) 24.7 (56.4) (48.9) (57.1) (42.3) (37.2) 0 0 0 0
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) (0.2) 0.1 (0.2) 0 0 0 0 0.1 (0.9) 15.9 13.1
Net Income (785.0) (589.5) (526.2) (389.0) (215.3) (127.3) (121.7) (106.3) (127.8) 16.5 (37.5) (14.6) (33.7) (41.7) (47.9) (49.3) 24.5 (56.4) (48.9) (57.1) (42.3) (37.2) (32.7) (23.1) (15.9) (13.1)
Per Share Data
EPS (Basic) -6.54 -5.26 -5.45 -4.33 -2.80 -1.97 -2.59 -1.95 -2.59 0.41 -0.97 -0.41 -1.24 -2.15 -4.06 -4.61 2.58 -6.85 -6.16 -9.36 -8.87 -11.28 -102.62 -79.49 -67.08 -81.30
EPS (Diluted) -6.54 -5.26 -5.45 -4.33 -2.80 -1.97 -2.59 -1.95 -2.59 0.39 -0.97 -0.41 -1.24 -2.15 -4.06 -4.61 2.52 -6.85 -6.16 -9.36 -8.87 -11.28 -102.60 -79.49 -67.08 -81.30
Shares Outstanding 120.0 112.0 96.5 89.8 76.9 64.5 57.6 54.4 49.4 39.9 38.7 35.7 27.3 18.1 11.8 10.7 9.6 8.2 7.9 6.1 4.8 3.3 0.3 0.3 0.2 0.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000
Current Assets
Cash & Cash Equivalents 882.2 94.9 113.0 65.6 112.7 83.0 36.4 42.3 125.2 66.9 25.6 41.8 13.1 11.0 16.4 0 0
Short-Term Investments 0 981.2 501.8 717.0 359.0 381.1 188.7 156.5 143.7 89.4 89.2 15.0 92.6 24.2 10.4 0 0
Net Receivables 0 16.6 1.3 0.1 51.8 4.4 5.2 6.8 1.1 0.0 0.2 0.3 0.8 0.3 0.0 0 0
Inventory 0 0 0 0 0 0 0 (6.8) 0 0 0 0 0 0 0 0 0
Other Current Assets 34.8 15.3 0 12.5 0 0 0 0 4.3 0 0 0 0 0 0 0 0
Total Current Assets 917.0 1,107.9 628.1 795.2 535.7 474.2 233.8 207.7 274.3 158.6 116.9 58.9 109.1 37.1 27.9 0 0
Non-Current Assets
Property, Plant & Equipment 155.2 141.0 147.7 163.2 146.4 16.3 13.4 3.2 3.6 3.6 3.7 5.1 7.3 8.9 9.7 0 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 335.0 145.1 40.5 46.7 152.1 37.0 42.6 0 16.5 7.7 1.7 20 4.6 0 0 0 0
Other Non-Current Assets 17.3 7.7 8.0 9.7 7.2 6.4 0 0.3 0.4 0.2 0.3 3.5 7.1 16.9 18.5 0 0
Total Non-Current Assets 507.6 293.7 196.3 219.6 305.6 59.6 56.1 3.5 20.5 11.5 5.7 28.5 19.0 25.8 28.2 0 0
Total Assets 1,424.5 1,401.7 824.3 1,014.8 841.3 533.8 289.8 211.2 294.8 170.1 122.6 87.5 128.1 62.9 56.2 79.0 61.0
Current Liabilities
Account Payables 105.6 20.4 21.5 25.6 21.1 8.1 8.2 3.8 5.3 4.2 1.7 1.4 2.1 1.6 1.6 0 0
Short-Term Debt 41.2 11.5 10.1 1.0 0 0 0 2.6 0 2.5 1.6 2.0 2.4 2.0 2.4 0 0
Deferred Revenue 0 52.4 0 0 0 0 0 15.8 9.6 8.1 0.8 12.3 2.8 2.8 3.1 0 0
Other Current Liabilities 36.5 21.1 39.8 22.9 16.5 12.8 9.5 0.1 11.4 0.4 10.2 0 0 0 0 0 0
Total Current Liabilities 202.5 179.7 102.7 84.6 71.9 31.2 26.0 22.2 32.4 33.3 20.2 22.9 11.0 9.5 9.4 0 0
Non-Current Liabilities
Long-Term Debt 1,116.0 645.6 607.4 609.6 142.8 135.7 129.3 39.8 31.8 27.4 1.0 2.6 8.1 8.1 7.1 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 (12.2) (1.4) 0 0 0 0
Other Non-Current Liabilities 657.8 599.2 380.2 301.5 183.5 166.1 143.3 122.5 105.7 0.1 (1.0) (2.6) (8.1) 137.4 100.3 (3.5) (1.1)
Total Non-Current Liabilities 1,881.7 1,357.4 1,108.0 1,038.1 525.6 389.2 274.7 163.1 152.5 42.5 1.0 14.8 9.5 145.4 107.4 116.4 82.9
Total Liabilities 2,084.2 1,537.0 1,210.6 1,122.7 597.5 420.4 300.8 185.2 185.0 75.8 21.2 37.7 20.5 154.9 116.8 116.4 82.9
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 768.8 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0 0
Retained Earnings (3,486.7) (2,701.8) (2,112.2) (1,586.0) (1,207.6) (992.3) (865.0) (743.3) (646.1) (518.3) (311.4) (335.9) (131.3) (94.1) (61.4) (38.3) (22.4)
Accumulated Other Comprehensive Income 0.6 2.4 (0.0) (3.6) (0.9) 0.1 0.7 0.5 0.3 0.1 0.0 0.0 (4.4) (3.6) (0.0) 0 0
Total Stockholders' Equity (659.6) (135.4) (386.3) (107.9) 243.9 113.4 (10.9) 25.9 109.8 94.4 101.4 49.8 107.6 (92.0) (60.6) (37.4) (21.8)
Total Liabilities & Equity 1,424.5 1,401.7 824.3 1,014.8 841.3 533.8 289.8 211.2 294.8 170.1 122.6 87.5 128.1 62.9 56.2 79.0 61.0
Debt Metrics
Total Debt 1,284.2 788.7 755.8 750.3 269.9 138.9 136.1 42.4 31.8 27.4 1.0 4.6 10.5 10.1 9.5 3.5 1.1
Net Debt 402.0 693.8 642.7 684.7 157.3 56.0 99.6 0.2 (93.4) (39.5) (24.6) (37.2) (2.6) (0.9) (6.9) 3.5 1.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002
Operating Activities
Net Income (785.0) (589.5) (526.2) (389.0) (215.3) (127.3) (121.7) (106.3) (127.8) 16.5 (42.3) (37.2) (32.7) (23.1)
Depreciation & Amortization 10.1 9.5 11.9 5.8 2.3 1.8 1.3 1.2 1.9 0.7 3.1 3.3 3.2 2.8
Stock-Based Compensation 0 97.8 72.1 47.9 26.8 17.6 10.8 9.8 9.0 7.1 1.4 1.9 0 0
Change in Working Capital (35.6) 35.7 3.1 (24.7) 8.5 89.1 (3.9) (22.9) 0.5 12.1 (1.9) (2.1) (2.2) (1.9)
Other Non-Cash Items 300.4 50.6 24.9 60.5 32.4 28.2 22.6 17.0 14.7 0.5 1.6 2.0 1.2 (0.2)
Operating Cash Flow (510.0) (395.9) (414.3) (299.5) (142.5) 8.9 (90.9) (101.2) (101.8) 37.0 (39.5) (34.0) (30.5) (22.3)
Investing Activities
Capital Expenditure (24.8) (3.9) (1.4) (11.3) (48.9) (11.1) (2.6) (0.9) (2.9) (1.6) (1.5) (1.4) (3.1) (6.6)
Acquisitions 0 0 0 250.8 98.9 185.5 0 0.0 0 0.0 0.0 0 0 0
Purchases of Investments (1,063.2) (1,293.4) (635.2) (855.4) (525.0) (435.8) (277.9) (240.2) (240.4) (145.2) (89.3) (189.5) (55.0) 0
Sales/Maturities of Investments 1,109.6 744.2 875.9 604.6 426.1 250.4 205.8 246.2 177.5 94.6 124.0 124.2 37.0 36.8
Other Investing Activities (5) 0 0 (250.8) (98.9) (185.5) 0 0.0 (63.0) 0.0 1.3 1.1 5.9 (7.6)
Investing Cash Flow 16.7 (553.1) 239.3 (262.1) (147.8) (196.5) (74.7) 5.1 (65.8) (52.1) 34.5 (65.5) (15.1) 22.6
Financing Activities
Net Debt Issuance 490.9 (9.6) (0.9) 334.7 0 0 135.6 9.9 1.3 15.0 (1.1) 0.4 0.1 4.9
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) 0 (0.0)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (2.5) 233.4 57.9 164.0 7.9 9.0 (12.0) 3.2 104.9 1.9 5.5 94.0 0 (0.1)
Financing Cash Flow 524.5 930.6 221.3 516.2 320.0 234.1 159.8 13.1 225.9 16.9 5.4 102.3 40.2 4.9
Cash Position
Net Change in Cash 30.4 (18.2) 46.2 (45.5) 29.7 46.6 (5.8) (83.0) 58.3 1.8 0.5 2.8 (5.4) 5.1
Cash at Beginning 95.2 113.4 67.2 112.7 83.0 36.4 42.3 125.2 66.9 65.1 13.1 10.3 16.4 11.2
Cash at End 125.6 95.2 113.4 67.2 112.7 83.0 36.4 42.3 125.2 66.9 13.5 13.1 11.0 16.4
Free Cash Flow (534.8) (399.8) (415.7) (310.9) (191.4) (2.1) (93.5) (102.1) (104.6) 35.4 (40.9) (35.4) (33.6) (28.9)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Income Statement
Revenue 88.0 18.5 7.5 94.6 70.4 55.8 26.9 31.5 13.4 106.4 28.7 46.9 30.6 7.6 4 2.6 81.5 12.4 13.6 3.1 8.9 13.4 10.6 11.4 8.5 0
Gross Profit 77.9 (320.9) (322.6) (146.2) (89.5) (41.1) (59.3) (57.6) (76.9) 42.0 (17.7) 2.5 (18.8) (28.1) 4 2.6 81.5 12.4 13.6 3.1 8.9 13.4 10.6 11.4 8.5 0
Operating Income (612.3) (536.2) (496.2) (324.2) (186.3) (93.9) (98.9) (88.9) (113.4) 18.7 (37.4) (14.8) (33.9) (39.1) (48.0) (49.6) 26.1 (59.1) (56.5) (61.3) (44.6) (38.4) (32.6) (24.0) (18.4) (13.8)
Net Income (785.0) (589.5) (526.2) (389.0) (215.3) (127.3) (121.7) (106.3) (127.8) 16.5 (37.5) (14.6) (33.7) (41.7) (47.9) (49.3) 24.5 (56.4) (48.9) (57.1) (42.3) (37.2) (32.7) (23.1) (15.9) (13.1)
EPS (Diluted) -6.54 -5.26 -5.45 -4.33 -2.80 -1.97 -2.59 -1.95 -2.59 0.39 -0.97 -0.41 -1.24 -2.15 -4.06 -4.61 2.52 -6.85 -6.16 -9.36 -8.87 -11.28 -102.60 -79.49 -67.08 -81.30
Balance Sheet
Cash & Equivalents 882.2 94.9 113.0 65.6 112.7 83.0 36.4 42.3 125.2 66.9 25.6 41.8 13.1 11.0 16.4 0 0
Total Assets 1,424.5 1,401.7 824.3 1,014.8 841.3 533.8 289.8 211.2 294.8 170.1 122.6 87.5 128.1 62.9 56.2 79.0 61.0
Total Debt 1,284.2 788.7 755.8 750.3 269.9 138.9 136.1 42.4 31.8 27.4 1.0 4.6 10.5 10.1 9.5 3.5 1.1
Stockholders' Equity (659.6) (135.4) (386.3) (107.9) 243.9 113.4 (10.9) 25.9 109.8 94.4 101.4 49.8 107.6 (92.0) (60.6) (37.4) (21.8)
Cash Flow
Operating Cash Flow (510.0) (395.9) (414.3) (299.5) (142.5) 8.9 (90.9) (101.2) (101.8) 37.0 (39.5) (34.0) (30.5) (22.3)
Capital Expenditure (24.8) (3.9) (1.4) (11.3) (48.9) (11.1) (2.6) (0.9) (2.9) (1.6) (1.5) (1.4) (3.1) (6.6)
Free Cash Flow (534.8) (399.8) (415.7) (310.9) (191.4) (2.1) (93.5) (102.1) (104.6) 35.4 (40.9) (35.4) (33.6) (28.9)