Flagship explainer

How MANNKIND CORP makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$349M · 100%Cost of revenue$26.8M · 8%Gross profit$322M · 92%Operating income$38.8M · 11%Income before tax$1.4M · 0%Income tax−$4.5M · −1%Net income$5.9M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$349M100%
Cost of revenue$26.8M8%
$322M92%
$38.8M11%
Income before tax$1.4M0%
Income tax−$4.5M−1%
$5.9M2%
Source: · event Dec 31, 2025 · retrieved Sep 4, 2026 · annual-row source set
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