Mannkind (MNKD) Gross Margin (2016 - 2026)
Mannkind (MNKD) posted quarterly 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 reported Gross Margin for 11 consecutive years, with 91.67% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 352.0% year-over-year to 91.67%; the TTM figure through Mar 2026 stood at 91.53% (down 263.0% YoY), while the FY2025 annual figure was 92.32%, down 158.0% from the prior year.
- Gross Margin rose to 91.67% in Q1 2026 per MNKD's latest filing, from 87.56% in the prior quarter.
- Across five years, Gross Margin topped out at 134.01% in Q4 2023 and bottomed at 6.14% in Q1 2022.
- Historically, Gross Margin has averaged 81.14% across 5 years, with a median of 91.67% in 2026.
- On a YoY basis, Gross Margin climbed as much as 25229 bps in 2022 and fell as far as 8139 bps in 2022.
- Mannkind's Gross Margin stood at 88.68% in 2022, then jumped by 51 bps to 134.01% in 2023, then sank by 30 bps to 93.74% in 2024, then decreased by 7 bps to 87.56% in 2025, then grew 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 90.68% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 89.76% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 60,631,834.75% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 76.90% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 84.20% |
| 10 | Mannkind | 1.19 Bn | 1.08 Bn | 94.97 Mn | 86.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 86.83% |
| 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 | 89.25% |
| Mar 31, 2023 | 86.39% |
| Dec 31, 2022 | 88.68% |
| Sep 30, 2022 | 58.75% |
| Jun 30, 2022 | 16.02% |
| Mar 31, 2022 | -6.14% |
| Dec 31, 2021 | -163.60% |
| Sep 30, 2021 | 82.84% |