Mannkind (MNKD) Operating Margin (2010 - 2026)
Mannkind (MNKD) posted quarterly Operating Margin of 1.85% for Q1 2026, down 3030.0% year-over-year from 0.06% in Q1 2025, and up 73.08% quarter-over-quarter from 6.87% in Q4 2025.
Mannkind (MNKD) Operating Margin (2010 - 2026) Analysis & Trends
Mannkind (MNKD) has reported Operating Margin for 14 consecutive years, with 1.85% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 3030.0% year-over-year to 1.85%; the TTM figure through Mar 2026 stood at 4.11% (down 2215.0% YoY), while the FY2025 annual figure was 11.12%, down 1431.0% from the prior year.
- Operating Margin improved to 1.85% in Q1 2026 per MNKD's latest filing, from 6.87% in the prior quarter.
- Across five years, Operating Margin topped out at 34.51% in Q4 2024 and bottomed at 177.25% in Q1 2022.
- Historically, Operating Margin has averaged 11.03% across 5 years, with a median of 6.92% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin tumbled 14174 bps — and 2023, when it jumped 16249 bps.
- Mannkind's Operating Margin stood at 35.47% in 2022, then soared by 138 bps to 13.44% in 2023, then surged by 157 bps to 34.51% in 2024, then plunged by 120 bps to 6.87% in 2025, then jumped by 73 bps to 1.85% in 2026.
- Business Quant data shows MNKD's Operating Margin at 1.85% in Q1 2026, 6.87% in Q4 2025, and 23.01% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 37.40% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 30.15% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 31.68% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 19.06% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -105.20% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 19.75% |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 17.93% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -0.36% |
| 10 | Mannkind | 1.19 Bn | 1.08 Bn | 94.97 Mn | -0.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.32% |
| Mar 31, 2026 | -1.85% |
| Dec 31, 2025 | -6.87% |
| Sep 30, 2025 | 23.01% |
| Jun 30, 2025 | 6.92% |
| Mar 31, 2025 | 28.45% |
| Dec 31, 2024 | 34.51% |
| Sep 30, 2024 | 18.21% |
| Jun 30, 2024 | 22.95% |
| Mar 31, 2024 | 25.24% |
| Dec 31, 2023 | 13.44% |
| Sep 30, 2023 | 9.94% |
| Jun 30, 2023 | 3.54% |
| Mar 31, 2023 | -14.76% |
| Dec 31, 2022 | -35.47% |
| Sep 30, 2022 | -29.28% |
| Jun 30, 2022 | -108.26% |
| Mar 31, 2022 | -177.25% |
| Dec 31, 2021 | -191.51% |
| Sep 30, 2021 | -29.67% |