earnings
confidence high
sentiment positive
materiality 0.80
Cytokinetics reports Q1 2026: MYQORZO net product rev $4.8M, net loss $206M; ACACIA-HCM meets endpoints
CYTOKINETICS INC
2026-Q1 EPS reported
-$1.67
revenue$19,355,000
- MYQORZO net product revenue $4.8M for ~9 weeks; total revenue $19.4M (incl $11.9M milestone from Bayer).
- Net loss $206.0M ($1.67/sh) vs $161.4M loss in Q1 2025; cash $1.1B (down $144M from Dec 2025).
- ACACIA-HCM met dual primary endpoints (KCCQ and peak VO2) in non-obstructive HCM; full results at upcoming medical congress.
- Over 275 HCPs prescribed MYQORZO to ~680 patients in Q1; European Commission approved for oHCM.
- FY 2026 GAAP combined R&D and SG&A guidance maintained at $830M-$870M.