Mannkind (MNKD) Research & Development (2010 - 2026)

Mannkind (MNKD) reported Research & Development of $17.2 million for Q1 2026, up 56.33% year-over-year from $11.0 million in Q1 2025, and down 37.54% quarter-over-quarter from $27.6 million in Q4 2025.

Mannkind (MNKD) Research & Development (2010 - 2026) Analysis & Trends

Mannkind (MNKD) has 17 years of Research & Development data on file, last reported at $17.2 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $17.2 million, up 56.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $72.6 million (up 54.7% YoY), and the FY2025 annual result was $66.3 million, up 44.57% from the prior year.
  • Research & Development retreated to $17.2 million in Q1 2026 per MNKD's latest filing, from $27.6 million in the prior quarter.
  • Over five years, Research & Development peaked at $27.6 million in Q4 2025 and troughed at $3.5 million in Q1 2022.
  • A 5-year average of $10.6 million and a median of $10.0 million in 2024 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 147.69% in 2025 and fell as far as 8.8% in 2025.
  • A 5-year view of Research & Development shows it stood at $7.2 million in 2022, then grew by 29.07% to $9.2 million in 2023, then increased by 20.59% to $11.1 million in 2024, then surged by 147.69% to $27.6 million in 2025, then sank by 37.54% to $17.2 million in 2026.
  • Business Quant data shows MNKD's Research & Development at $17.2 million in Q1 2026, $27.6 million in Q4 2025, and $14.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Mannkind 1.21 Bn 1.08 Bn 82.66 Mn 17.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.23 Mn
Dec 31, 2025 27.59 Mn
Sep 30, 2025 14.06 Mn
Jun 30, 2025 13.68 Mn
Mar 31, 2025 11.02 Mn
Dec 31, 2024 11.14 Mn
Sep 30, 2024 12.93 Mn
Jun 30, 2024 11.82 Mn
Mar 31, 2024 10.01 Mn
Dec 31, 2023 9.24 Mn
Sep 30, 2023 9.99 Mn
Jun 30, 2023 6.45 Mn
Mar 31, 2023 5.61 Mn
Dec 31, 2022 7.16 Mn
Sep 30, 2022 4.14 Mn
Jun 30, 2022 4.89 Mn
Mar 31, 2022 3.54 Mn
Dec 31, 2021 3.89 Mn
Sep 30, 2021 3.66 Mn
Jun 30, 2021 2.33 Mn