MannKind Corp

MannKind Corp

MNKD · NASDAQ · Healthcare / Biotechnology

4.13USD-0.03 (-0.72%)

Price History

Full chart

Market Stats

Previous Close4.16
Open4.15
Day Range4.08 – 4.18
52-Week Range2.23 – 6.51
Volume1.69M
Market Cap1.08B
P/E (TTM)0.00
Forward P/E25.71
EPS-0.15
Dividend Yield0.00%
Beta1.10
50-Day Avg3.88
200-Day Avg4.02

About

MannKind Corporation, a biopharmaceutical company, focuses on the provision of various solutions for transforming chronic disease care. It develops and commercializes treatments that address various unmet medical needs, including diabetes, pulmonary hypertension, and fluid overload in heart failure and chronic kidney disease. The company's commercial products include Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes; Furoscix, a formulation of furosemide injection to treat edema in pediatric patients and adult patients with chronic heart failure or chronic kidney disease; and V-Go, a mechanical basal-bolus insulin delivery system, which provides continuous subcutaneous infusion of insulin in adults that require insulin. It also developed Tyvaso DPI inhalation powder for the treatment of pulmonary arterial hypertension, as well as for the treatment of pulmonary hypertension associated with interstitial lung disease. The company's pipeline of treatments for orphan lung diseases include MNKD-201, a dry-powder formulation of nintedanib for the treatment of idiopathic pulmonary fibrosis and MNKD-701 that focuses on bumetanide. It has collaboration and license agreement with United Therapeutics Corporation; collaboration agreement with Thirona Bio, Inc. to evaluate the therapeutic for the treatment of pulmonary fibrosis; and licensing and collaboration agreement with Rose Pharma Inc. to develop ROSE-010 Technosphere for weight management. MannKind Corporation was incorporated in 1991 and is headquartered in Danbury, Connecticut.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Michael E. Castagna Pharm.D.
  • Employees591
  • Headquarters1 Casper Street, Danbury, CT, United States, 06810, USA
  • Websitehttps://mannkindcorp.com

Leadership

  • Dr. Michael E. Castagna Pharm.D.CEO & Director · b. 1976
  • Mr. Christopher B. Prentiss M.B.A.Chief Financial Officer · b. 1975
  • Dr. David B. Thomson J.D., Ph.D.Executive VP, General Counsel & Secretary · b. 1967
  • Dr. Stuart A. Tross Ph.D.Chief People & Workplace Officer · b. 1967
  • Mr. Dominic Marasco R.Ph.President of Endocrine Business Unit · b. 1972
  • Mr. Sanjay Singh M.B.A.Executive Vice President of Technical Operations · b. 1966
  • Dr. Ajay Ahuja M.B.A., M.D.Executive VP & Chief Medical Officer · b. 1970
  • Dr. Wassim Fares M.D., M.Sc.Senior VP and Therapeutic Area Head of Respiratory & (interim) Cariorenal

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue154.00K326.00K----100.00K10.00K20.00K-93.00K50.00K35.00K3.17M00174.76M11.74M27.86M63.04M65.14M75.44M99.77M198.96M285.50M348.97M
Growth (%)-+111.69%------90.00%+100.00%---46.24%-30.00%+8945.71%-100.00%---93.28%+137.20%+126.28%+3.34%+15.81%+32.25%+99.42%+43.50%+22.23%
Cost of Revenue------225.28M293.27M293.53M-136.09M112.13M127.57M157.90M169.83M140.41M50.09M17.23M20.48M27.98M24.64M38.86M57.50M62.77M76.60M61.16M
Gross Profit154.00K326.00K----100.00K10.00K20.00K-93.00K50.00K35.00K00-140.41M124.67M-5.48M7.38M35.06M40.50M36.59M42.27M136.19M208.90M287.81M
Gross Margin100.00%100.00%----100.00%100.00%100.00%-100.00%100.00%100.00%0.00%--71.34%-46.68%26.49%55.62%62.17%48.49%42.37%68.45%73.17%82.47%
Operating Expense25.40M50.12M----233.80M307.37M305.79M-152.59M140.59M147.00M169.40M179.63M204.24M57.41M102.71M83.97M79.66M88.42M83.61M106.38M127.51M136.31M249.00M
Operating Income-25.24M-49.79M-207.37M-66.31M-77.15M-118.12M-233.70M-307.36M-305.76M-209.78M-152.50M-140.54M-146.96M-169.40M-179.63M-344.65M67.26M-108.19M-76.59M-44.60M-47.91M-47.02M-64.11M8.68M72.59M38.80M
Operating Margin-16390.91%-15273.62%-----233697.00%-3073570.00%-1528825.00%--163976.34%-281078.00%-419885.71%-5350.63%--38.49%-921.15%-274.94%-70.75%-73.55%-62.33%-64.26%4.36%25.42%11.12%
EBITDA-25.45M289.00K-51.35M-58.63M-68.81M-106.95M-225.18M-280.81M-288.41M-190.93M-135.86M-123.68M-133.74M-155.97M-160.18M-344.65M64.57M-102.21M-75.60M-38.84M-44.66M-61.10M-56.32M15.13M77.47M27.52M
EBITDA Margin-16523.38%88.65%-----225180.00%-2808060.00%-1442055.00%--146084.95%-247354.00%-382120.00%-4926.44%--36.95%-870.21%-271.35%-61.62%-68.56%-81.00%-56.45%7.60%27.13%7.89%
Net Income-24.66M-48.24M-206.26M-65.88M-75.99M-114.34M-230.55M-293.19M-303.04M-220.10M-170.56M-160.80M-169.37M-191.49M-198.38M-368.44M125.66M-117.33M-86.97M-51.90M-57.24M-80.93M-87.40M-11.94M27.59M5.86M
Net Income Margin-16013.64%-14799.08%-----230548.00%-2931900.00%-1515195.00%--183397.85%-321608.00%-483902.86%-6048.33%--71.91%-999.00%-312.20%-82.34%-87.87%-107.27%-87.60%-6.00%9.66%1.68%
R&D20.54M19.76M42.72M45.61M59.27M95.35M191.80M256.84M250.44M156.33M112.28M99.96M101.52M109.72M100.24M29.67M14.92M14.12M8.74M6.90M6.25M12.31M19.72M31.28M45.89M66.35M
R&D as % of Total Revenue13338.96%6062.27%----191796.00%2568440.00%1252210.00%-120730.11%199918.00%290062.86%3465.54%--8.54%120.20%31.36%10.95%9.59%16.32%19.77%15.72%16.07%19.01%
Interest Expense0000001.51M3.41M2.34M10.45M17.38M21.82M21.63M21.46M20.44M24.13M18.48M13.28M9.44M10.91M9.47M16.58M24.77M25.16M37.98M13.83M
Interest Expense % of Total Revenue0.00%0.00%----1511.00%34080.00%11695.00%-18684.95%43648.00%61800.00%677.89%--10.57%113.04%33.88%17.30%14.54%21.97%24.83%12.65%13.30%3.96%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets42.65M-104.77M125.88M163.48M228.37M539.74M543.44M282.46M247.40M277.26M199.55M251.31M258.65M394.44M126.41M107.06M84.58M107.70M93.72M108.61M321.16M295.28M475.20M393.84M792.18M
Total Liabilities10.76M-14.00M14.30M13.12M21.39M156.25M179.34M195.72M306.62M462.79M513.21M361.99M289.36M468.21M476.75M290.66M299.31M282.79M284.25M289.03M530.51M545.82M721.37M472.66M843.20M
Total Equity31.89M-90.77M111.58M150.36M206.98M383.49M364.10M86.73M-59.22M-185.53M-313.65M-110.68M-30.71M-73.77M-350.33M-183.59M-214.73M-175.08M-190.53M-180.42M-209.35M-250.54M-246.17M-78.82M-51.02M
Cash--19.92M54.12M78.99M56.04M319.56M368.29M27.65M30.02M66.06M2.68M61.84M70.79M120.84M59.07M22.89M43.95M71.16M29.91M67.00M124.18M69.77M238.48M46.34M74.88M
Total Debt------111.27M111.76M142.25M277.76M444.65M487.85M217.22M200.74M49.52M139.50M148.50M156.82M102.49M121.41M123.44M289.22M288.40M272.62M47.70M473.38M
Net Debt---19.92M-54.12M-78.99M-56.04M-208.29M-256.52M114.61M247.75M378.59M485.16M155.38M77.17M-71.32M80.43M125.60M112.88M31.33M91.51M56.43M165.03M218.63M34.14M1.36M398.50M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-48.67M-52.77M-59.91M-101.23M-189.79M-245.15M-271.29M-184.08M-148.65M-123.84M-119.86M-128.73M4.09M-57.23M-78.09M-64.78M-37.73M-88.48M-28.13M-61.71M-80.70M34.09M42.51M18.25M
Investing Cash Flow-45.35M4.13M-9.60M-94.40M-48.27M38.66M-99.93M-3.05M-11.72M-2.94M-560.00K-7.99M-24.10M-10.20M-1.13M16.68M-234.00K-22.84M15.22M-151.54M4.87M-1.99M-96.65M-304.80M
Financing Cash Flow60.20M82.85M101.48M172.68M501.58M255.21M30.59M189.51M196.42M63.39M179.58M145.67M70.06M5.67M43.04M73.56M61.29M69.86M49.85M270.27M21.41M136.61M-137.27M315.10M
Capital Expenditure34.15M5.18M6.89M17.17M20.77M78.26M82.45M18.85M9.54M6.86M637.00K7.99M24.10M10.29M1.14M1.14M354.00K2.56M4.78M11.47M7.59M42.44M9.69M4.57M
Free Cash Flow-82.81M-57.95M-66.81M-118.40M-210.57M-323.41M-353.74M-202.94M-158.20M-130.69M-120.50M-136.72M-20.01M-67.52M-79.23M-64.78M-38.09M-91.05M-32.91M-73.17M-88.29M-8.35M32.82M13.69M
Dividends Paid---------0000000-656.00K14.87M498.00K----
FCF to OCF170.16%109.82%111.51%116.96%110.95%131.92%130.39%110.24%106.42%105.54%100.53%106.20%-489.75%117.97%101.46%100.00%100.94%102.90%117.01%118.58%109.40%-24.48%77.20%74.99%
Dividend Paid to FCF---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--0.72%-45.19%-0.68%----

Earnings

Report DateSep 1, 2004Nov 3, 2004Feb 3, 2005May 6, 2005Jul 28, 2005Oct 24, 2005Feb 6, 2006May 5, 2006Aug 3, 2006Nov 2, 2006Feb 2, 2007May 11, 2007Aug 9, 2007Nov 7, 2007Mar 4, 2008May 5, 2008Aug 11, 2008Nov 5, 2008Feb 17, 2009May 4, 2009Aug 3, 2009Nov 2, 2009Feb 1, 2010Apr 30, 2010Aug 2, 2010Oct 29, 2010Feb 10, 2011May 9, 2011Aug 4, 2011Nov 3, 2011Feb 22, 2012May 9, 2012Aug 7, 2012Nov 1, 2012Feb 11, 2013May 9, 2013Aug 9, 2013Nov 4, 2013Feb 18, 2014May 12, 2014Aug 11, 2014Nov 3, 2014Feb 24, 2015May 7, 2015Aug 10, 2015Nov 9, 2015Mar 14, 2016May 9, 2016Aug 8, 2016Nov 9, 2016Mar 16, 2017May 10, 2017Aug 7, 2017Nov 7, 2017Feb 27, 2018May 9, 2018Aug 2, 2018Nov 1, 2018Feb 26, 2019May 7, 2019Aug 7, 2019Nov 6, 2019Feb 25, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Feb 25, 2021May 12, 2021Aug 11, 2021Nov 9, 2021Feb 24, 2022May 5, 2022Aug 9, 2022Nov 8, 2022Feb 22, 2023May 9, 2023Aug 7, 2023Nov 7, 2023Feb 27, 2024May 8, 2024Aug 7, 2024Nov 7, 2024Feb 26, 2025May 6, 2025Aug 6, 2025Nov 5, 2025Feb 26, 2026May 7, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate--3.62-3.94-4.24-3.88-3.09-3.05-3.72-4.52-5.80-5.97-4.93-5.22-5.39-3.91-3.94-3.71-3.98-3.24-3.31-2.78-2.43-2.02-2.21-2.03-1.96-2.03-1.44-1.51-1.59-1.61-1.12-1.20-1.21-0.92-0.76-0.69-0.80-0.70-0.67-0.61-0.24-0.46-0.42-0.38-0.35-0.26-0.24-0.31-0.25-0.200.12-0.23-0.20-0.29-0.23-0.20-0.180.22-0.13-0.08-0.07-0.08-0.06-0.06-0.05-0.04-0.05-0.04-0.08-0.07-0.10-0.09-0.08-0.06-0.05-0.04-0.020.010.030.010.030.040.060.080.01-0.010.01-0.02-0.08
EPS Actual-1.52-3.35-3.25-3.40-4.15-3.65-3.30-4.35-5.50-6.15-6.50-5.00-4.90-4.95-3.75-3.50-3.95-3.35-4.10-2.90-2.70-2.10-2.65-2.00-1.85-2.00-1.65-1.70-1.85-1.55-1.50-1.35-0.90-1.10-1.15-0.75-0.80-0.85-0.80-0.70-0.95-0.45-0.45-0.40-0.35-0.40-0.85-0.30-0.351.30-0.19-0.17-0.34-0.31-0.28-0.25-0.17-0.15-0.06-0.08-0.07-0.07-0.07-0.04-0.05-0.05-0.06-0.05-0.05-0.04-0.11-0.10-0.11-0.06-0.07-0.04-0.020.010.000.04-0.010.040.030.040.050.03-0.05-0.02-0.06-
Surprise-7.46%17.51%19.81%-6.96%-18.12%-8.20%-16.94%-21.68%-6.03%-8.88%-1.42%6.13%8.16%4.09%11.17%-6.47%15.83%-26.54%12.39%2.88%13.58%-31.19%9.50%8.87%-2.04%18.72%-18.06%-22.52%2.52%6.83%-20.54%25.00%9.09%-25.00%1.32%-15.94%-6.25%-14.29%-4.48%-55.74%-87.50%2.17%4.76%7.89%-14.29%-226.92%-25.00%-12.90%620.00%5.00%-241.67%-47.83%-55.00%3.45%-8.70%15.00%16.67%-127.27%38.46%12.50%0.00%12.50%33.33%16.67%0.00%-50.00%0.00%-25.00%50.00%-57.14%0.00%-22.22%25.00%-16.67%20.00%50.00%150.00%-57.00%33.33%-200.00%33.33%-25.00%-33.33%-37.50%200.00%-400.00%-398.51%-200.00%-
Timing--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-After-hoursPre-market-Pre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-market-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.08B
Enterprise Value1.43B
Trailing P/E0.00
Forward P/E25.71
PEG Ratio4.39
Price / Sales2.74
Price / Book187.85
EPS-0.15
Book Value-0.217
Revenue (TTM)393.63M
Gross Profit (TTM)296.74M
EBITDA19.54M
Profit Margin-11.08%
Operating Margin-0.76%
Return on Equity0.00%
Return on Assets0.79%
Shares Outstanding321.54M
Shares Float297.56M
Beta1.10
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 7.97
  • Strong Buy
    6
  • Buy
    1

Ownership Breakdown

Institutions
57.25%
Insiders
1.47%
Retail / Other
41.28%

Top Institutional Holders

  • BlackRock Inc
    28.60M8.89%
  • State Street Corp
    18.68M5.81%
  • Vanguard Capital Management, LLC
    12.89M4.01%
  • UBS Group AG
    8.26M2.57%
  • Wellington Management Company LLP
    7.84M2.44%
  • Geode Capital Management, LLC
    7.51M2.33%
  • Deep Track Capital, LP
    6.00M1.87%
  • Frazier Life Sciences Management, L.P.
    5.90M1.83%
  • Morgan Stanley - Brokerage Accounts
    5.79M1.80%
  • 180 WEALTH ADVISORS, LLC
    4.96M1.54%
  • TSP Capital Management Group/LLC
    3.97M1.24%
  • Rubric Capital Management LP
    3.62M1.13%
  • FMR Inc
    3.48M1.08%
  • Bank of America Corp
    3.38M1.05%
  • Vanguard Portfolio Management, LLC
    3.17M0.99%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    9.33M2.90%
  • State Street® SPDR® S&P® Biotech ETF
    8.99M2.80%
  • iShares Russell 2000 ETF
    7.87M2.45%
  • Fidelity Select Biotechnology
    4.48M1.39%
  • Fidelity Small Cap Index
    3.33M1.04%