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Side-by-side financial comparison of CYTOKINETICS INC (CYTK) and REDWOOD TRUST INC (RWT). Click either name above to swap in a different company.

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $17.8M, roughly 1.5× CYTOKINETICS INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -1030.9%, a 1108.1% gap on every dollar of revenue. On growth, CYTOKINETICS INC posted the faster year-over-year revenue change (4.9% vs -6.1%).

Cytokinetics, Incorporated, is a biopharmaceutical company based in South San Francisco, California, that develops muscle activators and muscle inhibitors as potential treatments for people with diseases characterized by impaired or declining muscle function.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

CYTK vs RWT — Head-to-Head

Bigger by revenue
RWT
RWT
1.5× larger
RWT
$25.9M
$17.8M
CYTK
Growing faster (revenue YoY)
CYTK
CYTK
+11.0% gap
CYTK
4.9%
-6.1%
RWT
Higher net margin
RWT
RWT
1108.1% more per $
RWT
77.2%
-1030.9%
CYTK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CYTK
CYTK
RWT
RWT
Revenue
$17.8M
$25.9M
Net Profit
$-183.0M
$20.0M
Gross Margin
Operating Margin
-1004.6%
Net Margin
-1030.9%
77.2%
Revenue YoY
4.9%
-6.1%
Net Profit YoY
-22.0%
402.6%
EPS (diluted)
$-1.51
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CYTK
CYTK
RWT
RWT
Q4 25
$17.8M
$25.9M
Q3 25
$15.0M
Q2 25
$66.8M
$13.8M
Q1 25
$27.9M
Q4 24
$16.9M
$27.6M
Q3 24
$25.5M
Q2 24
$67.4M
Q1 24
$74.5M
Net Profit
CYTK
CYTK
RWT
RWT
Q4 25
$-183.0M
$20.0M
Q3 25
$-7.7M
Q2 25
$-134.4M
$-98.5M
Q1 25
$16.1M
Q4 24
$-150.0M
$-6.6M
Q3 24
$14.8M
Q2 24
$15.5M
Q1 24
$30.3M
Operating Margin
CYTK
CYTK
RWT
RWT
Q4 25
-1004.6%
Q3 25
-9.0%
Q2 25
-167.0%
-679.0%
Q1 25
80.2%
Q4 24
-821.4%
-1.3%
Q3 24
86.1%
Q2 24
30.3%
Q1 24
41.3%
Net Margin
CYTK
CYTK
RWT
RWT
Q4 25
-1030.9%
77.2%
Q3 25
-51.4%
Q2 25
-201.2%
-712.0%
Q1 25
57.8%
Q4 24
-886.3%
-24.0%
Q3 24
58.1%
Q2 24
23.0%
Q1 24
40.6%
EPS (diluted)
CYTK
CYTK
RWT
RWT
Q4 25
$-1.51
$0.11
Q3 25
$-0.08
Q2 25
$-1.12
$-0.76
Q1 25
$0.10
Q4 24
$-1.26
$-0.08
Q3 24
$0.09
Q2 24
$0.10
Q1 24
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CYTK
CYTK
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$122.5M
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-659.6M
$982.6M
Total Assets
$1.4B
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CYTK
CYTK
RWT
RWT
Q4 25
$122.5M
$255.7M
Q3 25
$226.3M
Q2 25
$74.9M
$302.0M
Q1 25
$259.9M
Q4 24
$94.9M
$245.2M
Q3 24
$253.7M
Q2 24
$275.6M
Q1 24
$275.4M
Total Debt
CYTK
CYTK
RWT
RWT
Q4 25
Q3 25
Q2 25
$609.7M
Q1 25
Q4 24
$619.5M
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
CYTK
CYTK
RWT
RWT
Q4 25
$-659.6M
$982.6M
Q3 25
$999.0M
Q2 25
$-368.7M
$1.1B
Q1 25
$1.2B
Q4 24
$-135.4M
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
CYTK
CYTK
RWT
RWT
Q4 25
$1.4B
$23.7B
Q3 25
$22.6B
Q2 25
$1.2B
$21.3B
Q1 25
$19.9B
Q4 24
$1.4B
$18.3B
Q3 24
$18.4B
Q2 24
$16.5B
Q1 24
$15.1B
Debt / Equity
CYTK
CYTK
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CYTK
CYTK
RWT
RWT
Operating Cash FlowLast quarter
$-142.7M
$-10.1B
Free Cash FlowOCF − Capex
$-148.3M
FCF MarginFCF / Revenue
-835.2%
Capex IntensityCapex / Revenue
31.8%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$-438.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CYTK
CYTK
RWT
RWT
Q4 25
$-142.7M
$-10.1B
Q3 25
$-2.7B
Q2 25
$-128.2M
$-2.1B
Q1 25
$-2.0B
Q4 24
$-65.6M
$-5.9B
Q3 24
$-2.1B
Q2 24
$-2.0B
Q1 24
$-954.2M
Free Cash Flow
CYTK
CYTK
RWT
RWT
Q4 25
$-148.3M
Q3 25
Q2 25
$-132.4M
Q1 25
Q4 24
$-66.9M
Q3 24
Q2 24
Q1 24
FCF Margin
CYTK
CYTK
RWT
RWT
Q4 25
-835.2%
Q3 25
Q2 25
-198.3%
Q1 25
Q4 24
-395.0%
Q3 24
Q2 24
Q1 24
Capex Intensity
CYTK
CYTK
RWT
RWT
Q4 25
31.8%
Q3 25
Q2 25
6.2%
Q1 25
Q4 24
7.6%
Q3 24
Q2 24
Q1 24
Cash Conversion
CYTK
CYTK
RWT
RWT
Q4 25
-504.15×
Q3 25
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
-31.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CYTK
CYTK

Other$9.1M51%
Collaboration Revenues$8.7M49%

RWT
RWT

Segment breakdown not available.

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