What is Mannkind's net debt?

Mannkind (MNKD) reported net debt of -$40.6M in Q1 2026.

How has Mannkind's net debt changed year-over-year?

Mannkind's net debt decreased by 20.1% year-over-year, from -$33.8M to -$40.6M.

What is the long-term trend for Mannkind's net debt?

Over 5 years (2020 to 2025), Mannkind's net debt has grown at a -1.2% compound annual growth rate (CAGR), from -$65.8M to -$62.08M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Mannkind MNKD Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

HES

Hess MidstreamHESM

3.1×-0.1×

Helen Of TroyHELE

4.8×+2.6×

CorMedixCRMD

-0.9×—

Hyster-Yale Materials Handling, Inc.HY

27.5×+26.1×

Other financials

Income statement

See full

Revenue$90.2M+15.1%

Gross profit$82.7M+10.8%

Operating income-$1.7M-107%

Net income-$16.6M-226%

EPS (diluted)-$0.05-225%

Balance sheet

See full

Cash & equivalents$52.8M+11.7%

Total debt$12.2M-9.4%

Total equity-$59.2M-1.0%

Total assets$744.4M+81.5%

Cash flow

See full

Operating cash flow-$5.4M+15.9%

CapEx$1.9M+470%

Free cash flow-$7.2M-8.0%

Valuation

See full

Market cap$1.32B+14.9%

Enterprise value$1.28B+15.8%

P/E253.5×—

P/S3.7×-0.1×

Profitability

See full

Gross margin91.5%-2.6pp

Operating margin23.3%+3.1pp

Net margin9.3%—

FCF margin13.8%—

Returns & leverage

See full

Return on equity-8.8%—

Debt / equity-0.2×—

Current ratio1.9×-0.5×

Where this comes from

Calculated from Mannkind’s reported figures.

$12.2Mtotal debt−$52.8Mcash and equivalents=-$40.6M

The official record: Mannkind’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Mannkind's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Mannkind's net debt?: Mannkind (MNKD) reported net debt of -$40.6M in Q1 2026.
How has Mannkind's net debt changed year-over-year?: Mannkind's net debt decreased by 20.1% year-over-year, from -$33.8M to -$40.6M.
What is the long-term trend for Mannkind's net debt?: Over 5 years (2020 to 2025), Mannkind's net debt has grown at a -1.2% compound annual growth rate (CAGR), from -$65.8M to -$62.08M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.