Royalties was Mannkind’s largest product and service line in fiscal 2025, bringing in $128.12M of $348.97M (37%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Royalties | $15.60M | $71.98M | $102.34M | $128.12M | ||||||
| Collaborations & Services | $27.92M | $52.95M | $100.84M | $106.71M | ||||||
| Afrezza | $43.32M | $54.91M | $64.04M | $74.59M | ||||||
| Product Revenue | — | — | — | — | ||||||
| Services | — | — | — | — | ||||||
| Product Sales | — | — | — | — | ||||||
| Furoscix | — | — | — | $23.18M | ||||||
| Developed Technology - On-Body Infusor | — | $19.12M | $18.29M | $16.37M | ||||||
| V-Go | $12.93M | — | — | — | ||||||
| Afrezza Product Sales | — | — | — | — | ||||||
| Revenue - Other | — | — | — | — | ||||||
| Total | $99.77M | $198.96M | $285.50M | $348.97M |
Mannkind brought in $348.97M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. Mannkind regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $285.50M. Royalties was the largest at $128.12M (36.7%), ahead of Collaborations & Services at $106.71M (30.6%) and Afrezza at $74.59M (21.4%). The other two lines brought in $39.55M combined.
Compared with fiscal 2024, Royalties grew fastest, up 25.2% to $128.12M, while Developed Technology - On-Body Infusor fell the most, down 10.5% to $16.37M.
Mannkind began breaking out Furoscix in fiscal 2025 and Developed Technology - On-Body Infusor in fiscal 2023. Mannkind stopped reporting V-Go as a separate line after fiscal 2022, when it brought in $12.93M.
Mannkind (MNKD) reports its revenue by product and service. In fiscal 2025, Royalties was its largest product and service line, bringing in $128.12M (36.7% of the total), followed by Collaborations & Services at $106.71M (30.6%).
Royalties was Mannkind's largest product and service line in fiscal 2025, bringing in $128.12M, or 36.7% of the $348.97M total across its five product and service lines.
Every figure comes from Mannkind's annual financial filings, as reported. Each line keeps the name Mannkind gives it, and years follow its fiscal calendar.
Mannkind's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.