Mannkind (MNKD) Operating Expenses (2010 - 2026)

Mannkind's (MNKD) quarterly Operating Expenses came in at $91.8 million in Q1 2026, up 63.82% year-on-year from $56.1 million in Q1 2025, and down 23.24% on a QoQ basis from $119.6 million in Q4 2025.

Mannkind (MNKD) Operating Expenses (2010 - 2026) Analysis & Trends

Mannkind (MNKD) has 17 years of Operating Expenses data on file, last reported at $91.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 63.82% year-over-year to $91.8 million in Q1 2026; TTM through Mar 2026 was $345.9 million, a 57.65% increase from a year earlier, with the FY2025 full-year figure at $310.2 million, up 45.67% from the prior year.
  • Operating Expenses for Q1 2026 stood at $91.8 million, down from $119.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for MNKD reached as high as $119.6 million in Q4 2025 and fell as low as $33.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $57.0 million across 5 years, with a median of $50.3 million in 2024.
  • Across the five-year window, Operating Expenses fell 0.66% in 2024 and soared 137.95% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $48.8 million in 2022, then gained by 3.61% to $50.6 million in 2023, then declined by 0.66% to $50.3 million in 2024, then surged by 137.95% to $119.6 million in 2025, then decreased by 23.24% to $91.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $91.8 million in Q1 2026, $119.6 million in Q4 2025, and $63.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Mannkind 1.20 Bn 1.07 Bn 82.66 Mn 91.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 91.84 Mn
Dec 31, 2025 119.64 Mn
Sep 30, 2025 63.23 Mn
Jun 30, 2025 71.23 Mn
Mar 31, 2025 56.06 Mn
Dec 31, 2024 50.28 Mn
Sep 30, 2024 57.32 Mn
Jun 30, 2024 55.78 Mn
Mar 31, 2024 49.54 Mn
Dec 31, 2023 50.61 Mn
Sep 30, 2023 46.16 Mn
Jun 30, 2023 46.89 Mn
Mar 31, 2023 46.62 Mn
Dec 31, 2022 48.85 Mn
Sep 30, 2022 42.44 Mn
Jun 30, 2022 39.35 Mn
Mar 31, 2022 33.25 Mn
Dec 31, 2021 36.48 Mn
Sep 30, 2021 28.80 Mn
Jun 30, 2021 33.55 Mn