10-Q quarterly report · filed Aug 5, 2026

MANNKIND CORP (MNKD) Q2 2026 10-Q Quarterly Report

Short answer

MANNKIND CORP (MNKD) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $109M (up 42.9% year over year) with net income of −$19M.

Q2 2026 key financials · XBRL

Revenue
$109M
+42.9% YoY · +21.3% QoQ
Net income
−$19M
−2949.1% YoY · −14.5% QoQ
Operating margin
-0.3%
EPS (diluted)
−$0.07
−40.0% QoQ

Source: XBRL data from the MANNKIND CORP (MNKD) Q2 2026 10-Q on SEC EDGAR. USD.

MANNKIND CORP Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $109.4M, up 43% YoY from $76.5M, driven by commercial sales and collaborations
  • Commercial gross margin 66% vs 79% YoY, with Furoscix carrying lower margins than Afrezza
  • Best product Furoscix: $22.2M net revenue; worst V-Go: net revenue down $1.4M, or 33% YoY
  • GAAP net loss $19.0M vs $0.7M net income YoY; non-GAAP net loss $2.7M vs $13.9M income
  • New $325.0M term loans increased interest expense; management expects liquidity sources to meet needs over the next 12 months

Risk Factors

  • Newly emphasized partner-concentration risk: United Therapeutics’ Tresmi plans and ralinepag DPI NDA could reduce Tyvaso DPI emphasis and royalties
  • Most materially updated trade risk: tariffs may raise costs while fixed customer contracts delay pass-through up to 36 months
  • Regulatory compliance risk: FDA inspection findings could require onerous corrective actions and suspend manufacturing
  • Operational risk: V-Go depends on Chinese contract manufacturers despite limited duty-free treatment under HTSUS
  • Financial risk: scPharma acquisition increased net debt, liquidity pressure, interest expense, leverage and debt-service requirements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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