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Filing Flows › Mannkind (MNKD) › Q3 2026 › vs Q2 2026

Mannkind (MNKD) Q3 2026 vs Q2 2026 (quarter over quarter)

Mannkind's revenue fell $7.5M (-7%) from $109M in Q2 2026 to $102M in Q3 2026. The biggest changes: License and Service −$15.6M (-45%); Royalty +$5.1M (+16%); Product +$3.0M (+7%).

Mannkind, Q3 2026: revenue $102M (+24% year over year), operating margin -2.1%, net loss $23.2M, operating cash flow −$34.5M. The chart draws each line against Q2 2026, the increases inside each band.

Mannkind: what changed, Q3 2026 vs Q2 2026Mannkind: what changed, Q3 2026 vs Q2 2026Cash used in operations$16.2MLicense and Service−$15.6MOperating cash sources$13.2MWorking capital & other$9.0MOperating costs−$5.7MRoyalty$5.1MNet loss$4.2MNet loss absorbed$4.2MShare-based compensation−$3.8MResearch & development−$3.6M

Every line

LineQ3 2026Q2 2026Change%
Product$45.0M$42.0M$3.0M+7%
Royalty$37.5M$32.4M$5.1M+16%
License and Service$19.4M$35.0M−$15.6M-45%
Revenue$102M$109M−$7.5M-7%
Net loss$23.2M$19.0M$4.2M+22%
Costs & expenses$125M$129M−$3.4M-3%
Operating costs$104M$110M−$5.7M-5%
Interest & other, net$21.0M$18.8M$2.2M+12%
Income tax$51K−$106K$157K—
Cost of revenue$11.2M$14.4M−$3.2M-22%
Research & development$14.4M$18.0M−$3.6M-20%
SG&A$61.4M$58.3M$3.1M+5%
Other operating costs$17.1M$19.0M−$1.9M-10%
Operating cash sources$48.2M$35.0M$13.2M+38%
Depreciation & amortization$7.2M$6.4M$835K+13%
Share-based compensation$6.4M$10.2M−$3.8M-37%
Cash used in operations$34.5M$18.4M$16.2M+88%
Net loss absorbed$23.2M$19.0M$4.2M+22%
Working capital & other$25.0M$16.0M$9.0M+57%

Questions

How much did Mannkind's revenue grow quarter over quarter in Q3 2026?

Mannkind's revenue fell $7.5M (-7%) from $109M in Q2 2026 to $102M in Q3 2026.

What drove Mannkind's revenue change in Q3 2026?

License and Service −$15.6M (-45%); Royalty +$5.1M (+16%); Product +$3.0M (+7%).

Q3 2026 results → · Compare in the interactive Sankey →