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Companies / Healthcare / MANNKIND CORP
MNKD

MANNKIND CORP

HealthcarePharmaceutical Preparations
Ticker MNKDDANBURY, CTFiscal year ends DecemberBook value per share $-0.22Diluted shares 308.7M

MannKind Corporation (Nasdaq: MNKD) is a biopharmaceutical company dedicated to transforming chronic disease care through innovative, patient-centric solutions focused on cardiometabolic and orphan lung diseases. The company develops and commercializes treatments addressing serious unmet medical needs including… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$348.97M
+22.2% year over year
Last 12 mo $393.63M
11.12%
−14.3 percentage points
Last 12 mo 2.33%
$5.86M
−78.7% year over year
Last 12 mo $-43.61M
-11.49%
+23.5 percentage points
Last 12 mo 64.90%
Cash & financing
$18.25M
−57.1% year over year
Last 12 mo $-8.05M
$13.69M
−58.3% year over year
Last 12 mo $-18.14M
-8.78
Was -1.65× a year earlier
Last 12 mo -6.13
314.1M
+10.7% year over year
Last 12 mo 308.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MANNKIND CORP does

In the company’s own words

MannKind Corporation (Nasdaq: MNKD) is a biopharmaceutical company dedicated to transforming chronic disease care through innovative, patient-centric solutions focused on cardiometabolic and orphan lung diseases. The company develops and commercializes treatments addressing serious unmet medical needs including diabetes, pulmonary hypertension, and fluid overload in heart failure and chronic kidney disease.

The company's cardiometabolic business comprises three commercial products. Afrezza is an ultra rapid-acting inhaled insulin indicated to improve glycemic control in adults with diabetes, consisting of a dry powder formulation of human insulin delivered from a small portable inhaler. Furoscix is a novel subcutaneous formulation of furosemide delivering an 80 mg dose via an on-body infusor over five hours, indicated for edema treatment in pediatric and adult patients with chronic heart failure or chronic kidney disease. V-Go is a mechanical basal-bolus insulin delivery system worn like a patch that eliminates the need for multiple daily injections, acquired from Zealand Pharma in May 2022. The company acquired scPharmaceuticals Inc. in October 2025, which developed Furoscix and the ReadyFlow Autoinjector formulation.

MannKind's proprietary Technosphere drug delivery platform, based on the excipient fumaryl diketopiperazine, enables efficient pulmonary delivery of therapeutic agents. The company manufactures commercial-scale quantities of Afrezza and Tyvaso DPI inhalation powders at its Danbury, Connecticut facility, which has been certified to ISO 13485:2016 standards. Tyvaso DPI, developed using the Technosphere platform for pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease, is commercialized through a collaboration with United Therapeutics Corporation, which began marketing the product in June 2022.

The company's pipeline includes MNKD-201, a dry-powder formulation of nintedanib for idiopathic pulmonary fibrosis treatment, currently in Phase 1b and Phase 2 clinical studies. MNKD-701 represents another pipeline opportunity focused on formulating bumetanide as an inhalable dry powder. The company holds an extensive intellectual property portfolio comprising approximately 1,100 issued patents and 310 pending patent applications worldwide, with Afrezza protected by approximately 580 issued patents and Tyvaso DPI by approximately 600 issued patents. More information is available at www.mannkindcorp.com.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
DANBURY, CT
Fiscal year end
December
CIK
899460
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-444.65M$-216.03M$12.59M$241.21M$469.84M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MANNKIND CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

156
funds hold it
0 of 35
superinvestors hold it
$267.02M
held by funds, at market
21.4%
of shares held by funds

Largest fund holders · MANNKIND CORP’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.34%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
Select Biotechnology Portfolio
FBIOX · Fidelity Select Portfolios
0.29%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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