MannKind Corporation (MNKD)

From the record

MannKind Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

MannKind Corporation's 10 filed years say what it did: revenue went from $175 million in fiscal 2016 to $349 million in fiscal 2025, up 8% a year; it rose in 8 of 9 years; the deepest fall was 93% from fiscal 2016 to fiscal 2017; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, MannKind Corporation's diluted share count grew about 6.9% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales (14 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $259 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, MannKind Corporation's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 41 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 106 cents per dollar of assets, and net share issuance: its share count grew 10.7% over the year (the filed statements).

From the record

MannKind Corporation's standing among 315 graded names in its industry family: revenue of $349 million in fiscal 2025 ranks in the top 22% by size; a net margin of 1.7% ranks in the top 23%; revenue growth of 51.8% a year over the last 3 filed years ranks in the top 24% (its annual reports).

From the record

MannKind Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Castagna, Michael (Chief Executive Officer, as filed), filing under that title since 2017-06-14, 9.4 years (top 18% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 7.7 years (top 21%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

MannKind Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $75 million against debt of $355 million leaves -35.3% of its assets as net cash, bottom 3% of its family; cash from operations less capital spending is 3.9% of revenue (top 26%); a gross margin of 92.3% (top 11%); research spending of 19% of revenue (bottom 24%) (its annual report).

From the record

MannKind Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 51.8% a year over the last three filed years against 8% over all 10, speeding up (top 10% of its family); the newest year grew 22.2% (top 36%); research spending grew 49.8% a year (top 8%); capital spending grew -15.6% a year (bottom 50%) (its annual reports). MannKind Corporation reported 5 product lines in fiscal 2025: Royalty at $128 million (36%), Product at $114 million (32%), License and Service at $107 million (30%), and 2 more; 3 of 5 grew against the year before (its annual report).

From the record

MannKind Corporation's newest year against its own record: revenue of $349 million in fiscal 2025 came in 27.7% below the $483 million its prior three years' pace pointed to (bottom 28% of its family); net income of $6 million against a prior three-year average of $24 million (top 13%); a net margin of 1.7% against -28% before (top 42%) (its annual reports).