MNKD
MANNKIND CORP
Nasdaq · CIK 899460
Last close3.8
Daily change-0.15 (-3.80%)
10 Years gain+20.63%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
MNKD · STANDARD
SIC 2834 · Pharmaceutical Preparations · Fiscal year end 1231
Fundamental
62.9Momentum
0.0Acceleration
0.0Confidence
79.0Annual Revenue16
Quarterly Revenue51
Annual CFO15
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth18.7 / 25
Quality17.6 / 25
Capital Efficiency16.9 / 20
Balance Sheet7.2 / 15
Shareholder Economics1.6 / 10
Forward Indicators0.9 / 5
Signals
Share count reductionDiluted share count declined 3.6479%.
Warnings
Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.
Inventory anomaly · MEDIUMInventory growth is materially above revenue growth.
Gross margin compression · MEDIUMGross margin compressed by 2.9519 percentage points.
Operating margin compression · MEDIUMOperating margin compressed by 17.6292 percentage points.
Possible growth trap · HIGHRevenue growth is high, but quality indicators are deteriorating.
Key Metrics
Revenue Growth TTM24.77%OK
Revenue CAGR 3Y51.8%OK
Gross Margin91.34%OK
Operating Margin6.19%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROICn/aMISSING
Incremental Operating Margin 3Y28.65%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-3.65%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $348.97M | $322.17M | $38.80M | $18.26M | $13.69M | 92.32% | 11.12% | 3.92% | n/a | 314.11M |
| 2025 FY Dec 31, 2024 | $285.50M | $268.08M | $72.59M | $42.51M | $32.82M | 93.9% | 25.42% | 11.49% | n/a | 283.84M |
| 2025 FY Dec 31, 2023 | $198.96M | $178.10M | $8.68M | $34.09M | -$8.35M | 89.51% | 4.36% | -4.2% | n/a | 267.01M |
| 2024 FY Dec 31, 2022 | $99.77M | $83.77M | -$64.11M | -$80.68M | -$88.27M | 83.96% | -64.26% | -88.47% | n/a | 257.09M |
| 2023 FY Dec 31, 2021 | $75.44M | $58.61M | -$47.02M | -$61.71M | -$73.18M | 77.69% | -62.33% | -97% | n/a | 249.24M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $358.20M | sum latest 4 fiscal quarters Revenue | OK | 0001193125-26-335054, 0001193125-25-265813 |
| Revenue Growth TTM | 24.77% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001193125-26-335054, 0001193125-25-265813 |
| Revenue CAGR 3Y | 51.8% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001193125-26-073516 |
| Revenue CAGR 5Y | 39.89% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001193125-26-073516 |
| Gross Profit CAGR 3Y | 56.68% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001193125-26-073516 |
| Operating Income Growth | -67.57% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001193125-26-335054, 0001193125-25-265813 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 91.34% | Gross Profit / Revenue | OK | 0001193125-26-335054, 0001193125-25-265813 |
| Operating Margin | 6.19% | Operating Income / Revenue | OK | 0001193125-26-335054, 0001193125-25-265813 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001193125-26-335054 |
| Current Ratio | 1.72x | Current Assets / Current Liabilities | OK | derived |
| Cash / Debt | 0.35x | (Cash + Short-term Investments) / Total Debt | OK | 0001193125-26-335054 |
| Revenue per Diluted Share | $1.16 | Revenue / Diluted Shares | OK | 0001193125-26-335054, 0001193125-25-265813 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |