Mannkind (MNKD) Gross Margin (2016 - 2026)
Mannkind (MNKD) reported Gross Margin of 91.67% for Q1 2026, down 352.0% year-over-year from 36.38% in Q1 2025, and up 4.7% quarter-over-quarter from 87.56% in Q4 2025.
Mannkind (MNKD) Gross Margin (2016 - 2026) Analysis & Trends
Mannkind (MNKD) has 11 years of Gross Margin data on file, last reported at 91.67% in Q1 2026.
- Gross Margin for Q1 2026 came in at 91.67%, down 352.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.53% (down 263.0% YoY), and the FY2025 annual result was 92.32%, down 158.0% from the prior year.
- Gross Margin advanced to 91.67% in Q1 2026 per MNKD's latest filing, from 87.56% in the prior quarter.
- Over five years, Gross Margin peaked at 172.48% in Q4 2022 and troughed at 1439.0% in Q2 2022.
- A 5-year average of 1.71% and a median of 92.26% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 152005 bps in 2022, then jumped 151020 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 172.48% in 2022, then retreated by 22 bps to 134.01% in 2023, then plunged by 30 bps to 93.74% in 2024, then retreated by 7 bps to 87.56% in 2025, then climbed by 5 bps to 91.67% in 2026.
- Business Quant data shows MNKD's Gross Margin at 91.67% in Q1 2026, 87.56% in Q4 2025, and 94.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 79.04% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Mannkind | 1.21 Bn | 1.08 Bn | 82.66 Mn | 91.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.67% |
| Dec 31, 2025 | 87.56% |
| Sep 30, 2025 | 94.52% |
| Jun 30, 2025 | 93.98% |
| Mar 31, 2025 | 95.19% |
| Dec 31, 2024 | 93.74% |
| Sep 30, 2024 | 95.44% |
| Jun 30, 2024 | 92.26% |
| Mar 31, 2024 | 94.24% |
| Dec 31, 2023 | 134.01% |
| Sep 30, 2023 | 73.78% |
| Jun 30, 2023 | 71.20% |
| Mar 31, 2023 | 67.24% |
| Dec 31, 2022 | 172.48% |
| Sep 30, 2022 | 58.75% |
| Jun 30, 2022 | -1,439.00% |
| Mar 31, 2022 | -6.14% |
| Dec 31, 2021 | -163.60% |
| Sep 30, 2021 | 82.84% |
| Jun 30, 2021 | 81.05% |