Several possible origins of the complex phytochrome red to far-red light-absorbing phytochrome (P, -+ P,) phototransformation kinetics in the nanosecond-to-second time range have been examined. Heterogeneity based on protein sequence is ruled out as an origin of the multicomponent kinetics because recombinant 124 kDa oat phytochrome A apoprotein reconstituted with phytochromobilin and the native protein are very similar in this regard throughout this time range. The P, forms of native 124 kDa oat phytochrome A and of a homogeneous recombinant 65 kDa chromoprotein fragment exhibit thermochromic properties interpreted as arising in each case from the presence of two P, species in thermal equilibrium. They exhibit identical photochemical properties. The complex kinetics therefore cannot result from P, heterogeneity either. Thus, the presence of two P, forms in equilibrium (Pr,675 and P,,& and the complex multiexponential P, -+ Pf, phototransformation kinetics observed in all time ranges are intrinsic properties of the homogeneous holoprotein of oat phytochrome A.