Mannkind (MNKD) Gross Margin (2016 - 2026)
Mannkind's (MNKD) quarterly Gross Margin came in at 91.67% in Q1 2026, down 352.0% year-on-year from 36.38% in Q1 2025, and up 4.7% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 352.0% year-over-year to 91.67% in Q1 2026; TTM through Mar 2026 was 91.53%, a 263.0% decrease from a year earlier, with the FY2025 full-year figure at 92.32%, down 158.0% from the prior year.
- Gross Margin for Q1 2026 stood at 91.67%, up from 87.56% in the prior quarter.
- Over the last five years, Gross Margin for MNKD reached as high as 134.01% in Q4 2023 and fell as low as 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.
- Year by year, Gross Margin stood at 88.68% in 2022, then soared by 51 bps to 134.01% in 2023, then sank by 30 bps to 93.74% in 2024, then dropped by 7 bps to 87.56% in 2025, then rose by 5 bps to 91.67% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Mannkind | 1.20 Bn | 1.07 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 | 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% |
| Jun 30, 2021 | 81.05% |