Cytokinetics reported revenue up 76% versus Q2, CMI market growth of 45% year-over-year, and new-to-brand share close to 45% after eight months on market; cash and investments totaled $1.6 billion.
CYTK · Cytokinetics Inc
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Cytokinetics reported Mycorso Q3 net revenue of $44.5 million, up 76% from Q2, and remains on track to submit an FDA supplemental NDA for NHCM this quarter, with an FDA decision on MAPLE HCM data scheduled for November 14th.
Cytokinetics reported third-quarter 2026 revenue of $47.6 million, including $44.5 million in MYQORZO net product revenue, and expects to submit a Supplemental New Drug Application for aficamten in non-obstructive HCM in Q4 2026.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Cytokinetics reported strong early Myqorzo launch momentum with Q2 U.S. net product revenue of $23.0M and 1,500 patients dispensed, alongside positive ACACIA-HCM Phase 3 results supporting a planned Q4 sNDA for non-obstructive HCM, while SG&A spend and full-year GAAP expense guidance were raised and net loss widened to $198.8M.
- + Myqorzo Q2 U.S. net product revenue reached $23.0M with 1,500 patients dispensed, ~tripling Q1
- + New-to-brand CMI category share reached >40% exit share in Q2 with aspirations for >50% by year-end
- + ACACIA-HCM Phase 3 in NHCM met both dual primary endpoints (KCCQ CSS and peak VO2) with no new safety signals
- + Balance sheet fortified to ~$1.7B in cash/investments via $760M public offering in May 2026
- + International access expanded with Germany launch, UK MHRA approval/NICE recommendation, and Netherlands reimbursement
- − Full-year 2026 GAAP combined R&D + SG&A guidance raised to $860–$890M (from $830–$870M)
- − Cost of goods sold of $2.7M driven by a non-routine charge related to drug supply optimization
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
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Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Approximately 1,500 patients were dispensed MYQORZO | 1,500 | As of June 30, 2026 | — |
| Cash, cash equivalents and investments | $1.7B | As of June 30, 2026 | — |
| Over 700 unique healthcare providers prescribed MYQORZO | 700 | As of June 30, 2026 | — |
| Over 80% of patients on therapy were on paid prescription | 80% | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Biotechnology — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CYTK
this stock
Cytokinetics Inc
|
$7.82B | -11.7% | -87.4% | — | 12.9% |
|
VRTX
Vertex Pharmaceuticals Inc
|
$136.56B | +18.8% | +46.2% | 34.7 | 1.9% |
|
REGN
Regeneron Pharmaceuticals, Inc.
|
$98.84B | +23.8% | +20.8% | 21.1 | 2.1% |
|
MRNA
Moderna, Inc.
|
$90.38B | +657.4% | +4.3% | — | 8.2% |
|
CSLLY
Csl Ltd
|
$66.05B | — | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 10, 2026
- This year
- 24
Cytokinetics reported revenue up 76% versus Q2, CMI market growth of 45% year-over-year, and new-to-brand share close to 45% after eight months on market; cash and investments totaled $1.6 billion.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CYTK | +4.5% | -9.4% | -26.4% | -10.9% | -11.7% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +2.0% | -8.2% | -26.9% | -10.7% | -22.3% |