Company Analysis

Cytokinetics, Incorporated (CYTK)

Nasdaq: CYTK · Pharmaceutical Preparations · South San Francisco, CA · filing with the SEC since 2003
Grade5.2
◀ Past 5.6● Present 4.4▶ Future 6.0
2 est.

The grade of Cytokinetics, Incorporated

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past5.630% of the headline
● Present4.440% of the headline
▶ Future6.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.6/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.2/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2018-03-26.

weight 33% of this tense · 62nd percentile among 497 sector filers · read for itself

From the record

Cytokinetics, Incorporated's filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2018-03-26) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.8/10

What has it actually done, year after year?

+26.6% a year over 9 filed years; profitable in 0 of 7.

weight 45% of this tense · 48th percentile among 323 sector filers · read for its customers

From the record

Cytokinetics, Incorporated's 9 filed years say what it did: revenue went from $13 million in fiscal 2017 to $88 million in fiscal 2025, up 26.6% a year; it rose in 6 of 8 years; the deepest fall was 92% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span26.6%top 34% of its family
  • the share of years revenue rosetop 31% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak92.0%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.4/10

How has it treated the people who own it?

SI estimate 6.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 64th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cytokinetics, Incorporated's shareholder treatment is put at 6.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.6/10

Is it financially healthy right now?

Leverage 146%: owes 146¢ per asset dollar.

weight 45% of this tense · 36th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Cytokinetics, Incorporated's shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 146 cents per dollar of assets, and net share issuance: its share count grew 7.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 6% of its family
  • the share count against the year beforetop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.3/10

How strong is its position in its industry?

bottom 43% of 315 in its family; net margin -891.6%.

weight 33% of this tense · 43rd percentile among 315 sector filers · read for its customers

From the record

Cytokinetics, Incorporated's standing among 315 graded names in its industry family: revenue of $88 million in fiscal 2025 ranks in the top 35% by size; a net margin of -891.6% ranks in the bottom 32%; revenue growth of -2.4% a year over the last 3 filed years ranks in the bottom 33% (its annual reports).

What it rests on

  • revenue against the family$88.0Mtop 35% of its family
  • net margin-891.6%bottom 32% of its family
  • three-year revenue growth-2.4%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.0/10

What are the people in charge doing?

top 40% of 315 in its family for leadership; chief executive since 2007.

weight 22% of this tense · 60th percentile among 315 sector filers · read for its shareholders

From the record

Cytokinetics, Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Blum, Robert I (President & CEO, as filed), filing under that title since 2007-03-16, 19.7 years (top 3% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 5.7 years (top 48%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 14 peoplebottom 29% of its family
  • the median years the people in charge have filed5.7 yearstop 48% of its family
  • the chief executive's years on the record19.7 yearstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 273 in its family for room to expand.

weight 45% of this tense · 38th percentile among 273 sector filers · read for itself

From the record

Cytokinetics, Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $123 million against debt of $246 million leaves -8.7% of its assets as net cash, bottom 10% of its family; cash from operations less capital spending is -607.5% of revenue (bottom 31%); research spending of 472.5% of revenue (top 29%) (its annual report).

What it rests on

  • cash less debt against assets-8.7%bottom 10% of its family
  • cash from operations less capital spending against revenue-607.5%bottom 31% of its family
  • research spending against revenue472.5%top 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.7/10

What could actually drive growth from here?

top 33% of 306 in its family for growth drivers.

weight 33% of this tense · 67th percentile among 306 sector filers · read for its customers

From the record

Cytokinetics, Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew -2.4% a year over the last three filed years against 26.6% over all 9, slowing (bottom 21% of its family); the newest year grew 377.1% (top 8%); research spending grew 20% a year (top 24%); capital spending grew 29.8% a year (top 20%) (its annual reports). Cytokinetics, Incorporated reported 2 product lines in fiscal 2025: License and Milestone Revenues at $79 million (90%), Collaboration Revenues at $9 million (10%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-28.9 points a yearbottom 21% of its family
  • the newest year's revenue growth377.1%top 8% of its family
  • three-year growth of research spending20.0%top 24% of its family
  • three-year growth of capital spending29.8%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
9.4/10

Did its newest year beat what its own record pointed to?

SI estimate 9.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 94th percentile among 284 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, revenue against the prior three years' pace, which ranks in the top 6% of 284 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
one part: revenue against the prior three years' pace, the one part on file, ranked among 284 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cytokinetics, Incorporated's expectations vs reality is put at 9.4 of 10 with a confidence of 35 of 100, because read from one part only, revenue against the prior three years' pace, which ranks in the top 6% of 284 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change. A filing that carries the missing parts replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CYTK · research, not advice