Some morphological and endocrinological aspects of cystic follicles in cows, women, rats, and rabbits were reviewed. The etiology of follicular cysts remains a mystery, in part due to the difficulty of studying them during formation, particularly in women and cows. Investigations of the morphological and endocrinological nature of cystic follicles during their formation should enhance our understanding of the factors that cause them. Rats and rabbits may provide useful and convenient experimental models for the study of factors which contribute toward cyst formation.