Quarterly ResultAug 5, 2026, 04:16 PM
MannKind Q2 Revenue +43% to $109.4M; Net Loss $(19.0)M
AI Summary
MannKind Corporation reported a significant increase in total revenues for the second quarter of 2026, reaching $109.4 million, up 43% year-over-year. However, the company swung to a net loss of $19.0 million, or $(0.06) per share, compared to a net income of $0.7 million in the prior year. The revenue growth was primarily driven by strong contributions from Furoscix and collaborations and services.
Key Highlights
- Q2 2026 total revenues increased 43% to $109.4 million from $76.5 million in Q2 2025.
- Q2 2026 net loss was $(19.0) million, compared to net income of $0.7 million in Q2 2025.
- Basic net loss per share for Q2 2026 was $(0.06), down from $0.00 in Q2 2025.
- Furoscix generated $22.2 million in revenue in Q2 2026, a new contribution.
- Collaborations and services revenue rose 53.3% to $35.0 million in Q2 2026.
- Cash and cash equivalents decreased to $52.9 million at June 30, 2026, from $74.9 million at Dec 31, 2025.
- Net cash used in operating activities was $(23.7) million for H1 2026, compared to $2.6 million provided in H1 2025.
Price Impact
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