MannKind Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	313.79	285.5	198.96	99.77	75.44	65.14
Revenue	313.79	285.5	198.96	99.77	75.44	65.14
Revenue Growth (YoY)	17.44%	43.50%	99.42%	32.25%	15.81%	3.34%
Cost of Revenue	77.89	76.6	62.77	57.5	38.86	24.64
Gross Profit	235.9	208.9	136.19	42.27	36.59	40.5
Selling, General & Admin	109.7	94.33	94.31	91.47	77.42	59.04
Research & Development	49.9	45.89	31.28	19.72	12.31	6.25
Operating Expenses	159.59	140.22	125.6	111.19	89.73	65.29
Operating Income	76.3	68.68	10.59	-68.92	-53.14	-24.79
Interest Expense	-31.64	-37.98	-25.16	-24.77	-16.58	-9.47
Interest & Investment Income	9.24	12.62	6.15	2.51	0.11	0.17
Currency Exchange Gain (Loss)	-3.32	3.91	-1.92	4.81	6.57	-8.01
Other Non Operating Income (Expenses)	-	0.03	0.12	-0.1	-0.58	-1.87
EBT Excluding Unusual Items	50.59	47.25	-10.21	-86.47	-63.62	-43.96
Gain (Loss) on Sale of Investments	-6.41	-1.55	-0.17	-0.93	-	-
Asset Writedown	-	-	-	-	-0.11	-
Other Unusual Items	-13.39	-15.19	-	-	-17.2	-0.26
Pretax Income	30.78	30.52	-10.38	-87.4	-80.93	-57.46
Income Tax Expense	1.55	2.93	1.56	-	-	-0.22
Net Income	29.23	27.59	-11.94	-87.4	-80.93	-57.24
Net Income to Common	29.23	27.59	-11.94	-87.4	-80.93	-57.24
Shares Outstanding (Basic)	299	274	267	257	249	223
Shares Outstanding (Diluted)	308	284	267	257	249	223
Shares Change (YoY)	10.53%	6.30%	3.86%	3.15%	11.98%	13.80%
EPS (Basic)	0.10	0.10	-0.04	-0.34	-0.32	-0.26
EPS (Diluted)	0.10	0.10	-0.04	-0.34	-0.32	-0.26
Free Cash Flow	43.39	32.82	-8.35	-88.27	-73.18	-28.93
Free Cash Flow Per Share	0.14	0.12	-0.03	-0.34	-0.29	-0.13
Gross Margin	75.18%	73.17%	68.45%	42.37%	48.49%	62.18%
Operating Margin	24.32%	24.06%	5.33%	-69.08%	-70.44%	-38.05%
Profit Margin	9.32%	9.66%	-6.00%	-87.60%	-107.27%	-87.87%
Free Cash Flow Margin	13.83%	11.49%	-4.20%	-88.47%	-97.00%	-44.41%
EBITDA	84.72	76.05	15.13	-65.6	-51.16	-22.9
EBITDA Margin	27.00%	26.64%	7.60%	-65.75%	-67.81%	-35.16%
D&A For EBITDA	8.41	7.37	4.54	3.33	1.99	1.88
EBIT	76.3	68.68	10.59	-68.92	-53.14	-24.79
EBIT Margin	24.32%	24.06%	5.33%	-69.08%	-70.44%	-38.05%
Effective Tax Rate	5.04%	9.60%	-	-	-	-
Revenue as Reported	313.79	285.5	198.96	99.77	75.44	65.14

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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