MannKind Corporation

MannKind Corporation

MNKDยทNASDAQ

$3.36

-2.0%
HealthcareBiotechnology

MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. It offers Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes. It also promotes Thyquidity to adult and pediatric endocrinologists, and other healthcare providers for the treatment of hypothyroidism. The company has a license and collaboration agreement with United Therapeutics Corporation. It also has an agreement with NRx Pharmaceuticals to develop a dry powder formulation of ZYESAMI (aviptadil), a synthetic form of human vasoactive intestinal peptide to help protect cells against inflammatory conditions. MannKind Corporation was incorporated in 1991 and is headquartered in Westlake Village, California.

At a Glance

Live Snapshot
Market Cap$1.04B
EPS0.0200
P/E Ratio168.00
Earnings Date08/05/2026
3Y-123.0%
5Y-165.0%
10Y-123.0%
3Y-6354.0%
5Y-2103.0%
10Y+26946.0%
3Y+1372.0%
5Y+532.0%
10Y+632.0%
MNKD

MannKind Corporation Cash Conversion Engine

MNKD ยท NASDAQ
Net Income5.86M
Depreciation & Amortization12.28M
Stock-Based Compensation24.20M
Change in Working Capital-86.35M
Others67.23M
Capital Expenditures-4.57M
Free Cash Flow13.69M

Cash Flow Quality Analysis

FCF Conversion Rate

233.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

25.0%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-58.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$86.35M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

MannKind Corporation Cash Flow Statement

MNKD โ€ข NASDAQ

MannKind Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
5.9M
27.6M
-11.9M
-87.4M
-80.9M
-57.2M
-51.9M
-87M
-117.3M
125.7M
-368.4M
-198.4M
-191.5M
-169.4M
-160.8M
-170.6M
-220.1M
-303M
-293.2M
-230.5M
12.3M
9M
5.8M
6.3M
5.5M
3.3M
2.2M
1.7M
3.5M
4.2M
13.3M
18.6M
14.1M
14.4M
15.9M
17.3M
18.7M
12.3M
9M
8.5M
-5M
0.0
0.0
0.0
12.6M
10.7M
-4.6M
0.0
12.9M
-79.6M
180.4M
1.5M
817K
2M
160.8M
644K
12.9M
213K
-10.6M
-14.6M
24.2M
21.4M
17.6M
0.0
12.2M
6.5M
6.2M
6.9M
4.8M
5.1M
8.7M
48.6M
45.2M
13.3M
11.2M
13.6M
20.2M
24.8M
17.6M
14.7M
67.2M
21M
8M
24.5M
6.6M
18.4M
-28M
5.7M
3.7M
5.8M
67.8M
-10K
2K
6.5M
-160.8M
-6K
-7K
-237K
18.6M
16.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(240K)
(51K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2K)
(3K)
(0.0)
-86.3M
-36.5M
14.6M
-24.1M
-17.7M
-9.8M
-12.4M
36.7M
27.6M
-139.3M
41M
133.8M
2.7M
13.3M
9.9M
-9.6M
-15.8M
-5.3M
13.4M
15.2M
18.3M
42.5M
34.1M
-80.7M
-61.7M
-28.1M
-88.5M
-37.7M
-64.8M
-78.1M
-57.2M
4.1M
-128.7M
-119.9M
-123.8M
-148.7M
-184.1M
-271.3M
-245.1M
-189.8M
INVESTING ACTIVITIES
-4.6M
-9.7M
-42.4M
-7.6M
-11.5M
-4.8M
-2.6M
-354K
(0.0)
-1.1M
-10.3M
-24.1M
-8M
-637K
-6.9M
-9.5M
-18.9M
-82.5M
-78.3M
-20.8M
-347.7M
(0.0)
(0.0)
-15.3M
-56.1M
-4M
(0.0)
(120K)
(24K)
(17K)
(82K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-70K
(0.0)
(0.0)
(0.0)
-157.8M
-273.8M
-79.1M
-5M
-199.1M
-16M
-45M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.2M
-2M
-63.7M
-169.8M
-154.4M
221.7M
58.1M
119.2M
0.0
59.1M
20M
25M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8M
2M
17.8M
46.1M
286.7M
126.9M
-16.4M
128.7M
382K
32.8M
56.1M
20M
-300K
120K
16.7M
17K
82K
0.0
0.0
77K
93K
0.0
70K
70K
0.0
32K
-304.8M
-96.6M
-2M
(4.9M)
-151.5M
(15.2M)
-22.8M
-234K
(16.7M)
-1.1M
-10.2M
-24.1M
-8M
-560K
-2.9M
-11.7M
-3.1M
-99.9M
(38.7M)
-48.3M
FINANCING ACTIVITIES
-3.3M
-6.1M
6.9M
22.6M
1.9M
23.7M
3.2M
70.5M
61.6M
50.9M
68.7M
12.3M
53.5M
167.7M
10.9M
17M
61.5M
902K
255.7M
390.7M
0.0
-133.2M
-6.9M
-1.1M
281.1M
14.9M
63.7M
-5M
15.4M
-5M
-64.3M
60M
4.5M
12.8M
53M
182.8M
135M
30M
0.0
111.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-26.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
318.4M
2M
136.6M
-62K
-12.7M
11.3M
3M
-4.2M
-120K
-2.9M
1.3M
-2.3M
87.6M
-906K
-547K
-3.4M
-7M
-317K
-524K
-340K
315.1M
-137.3M
136.6M
21.4M
270.3M
49.9M
69.9M
61.3M
73.6M
43M
5.7M
70.1M
145.7M
179.6M
63.4M
196.4M
189.5M
30.6M
255.2M
501.6M
CASH FLOW SUMMARY
28.6M
-191.4M
168.7M
-54.4M
57M
36.9M
-41.5M
23.3M
25.5M
-36.2M
-61.8M
50.1M
9M
59.2M
-63.4M
36M
2.4M
-340.6M
48.7M
263.5M
47.1M
238.5M
69.8M
124.2M
67.2M
30.2M
71.7M
48.4M
22.9M
59.1M
120.8M
70.8M
61.8M
2.7M
66.1M
30M
27.6M
368.3M
319.6M
56M
75.6M
47.1M
238.5M
69.8M
124.2M
67.2M
30.2M
71.7M
48.4M
22.9M
59.1M
120.8M
70.8M
61.8M
2.7M
66.1M
30M
27.6M
368.3M
319.6M
13.7M
32.8M
-8.3M
-88.3M
-73.2M
-32.9M
-91M
-38.1M
-64.8M
-79.2M
-67.5M
-20M
-136.7M
-120.5M
-130.7M
-158.2M
-202.9M
-353.7M
-323.4M
-210.6M

SEC Filings

MNKD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
May 29, 2026
2026
8-K

8-K 2026

N/A

May 28, 2026
May 27, 2026
2026
8-K

8-K 2026

N/A

May 22, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 07, 2026
April 07, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

December 15, 2025
October 07, 2025
2025
8-K

8-K 2025

N/A

November 10, 2025
November 08, 2025
2025
Showing 1 to 10 of 417 filings