Filing Flows › Mannkind (MNKD) › Q3 2026
Mannkind (MNKD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Mannkind (MNKD) reported revenue of $102M for the third quarter 2026 (Q3 2026), +24% from a year earlier and -7% from the quarter before. Operating margin was -2.1%, net loss $23.2M (22.8% of revenue).
Mannkind, Q3 2026: revenue $102M (+24% year over year), operating margin -2.1%, net loss $23.2M, operating cash flow −$34.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | -7% | +24% |
| Operating profit | −$2.2M | — | -112% |
| Net earnings | −$23.2M | — | -391% |
| Operating cash flow | −$34.5M | — | -246% |
What changed
Revenue was $101.9M in Q3 2026, up 24% year over year and down 7% from the previous quarter. Product was the largest line at 44% of revenue. Product added $22.7M year over year (up 102%), 115% of the total change. License and Service declined 27%.
Operating costs exceeded revenue by $2.2M, an operating margin of -2.1%. Total costs grew 65% against revenue growth of 24%. The fastest-growing cost line was Cost of revenue (+149%). The quarter ended with a net loss of $23.2M, wider than the previous quarter's $19.0M loss. Net interest and other expense of $21.0M was the main reason.
Operating cash flow was −$34.5M. Non-cash charges added back $7.2M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $25.0M. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$37.8M.
Questions
What was Mannkind's revenue in the third quarter 2026?
Mannkind (MNKD) reported revenue of $102M for the third quarter 2026 (Q3 2026), +24% from a year earlier and -7% from the quarter before.
Was Mannkind profitable in the third quarter 2026?
Operating loss was $2.2M (-2.1% of revenue) and net loss $23.2M.
Source: Mannkind 10-Q on SEC EDGAR.