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Side-by-side financial comparison of MANNKIND CORP (MNKD) and ROGERS CORP (ROG). Click either name above to swap in a different company.

ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $112.0M, roughly 1.8× MANNKIND CORP). ROGERS CORP runs the higher net margin — 2.2% vs -14.2%, a 16.5% gap on every dollar of revenue. On growth, MANNKIND CORP posted the faster year-over-year revenue change (45.8% vs 5.2%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-10.0M). Over the past eight quarters, MANNKIND CORP's revenue compounded faster (30.0% CAGR vs -3.3%).

MannKind Corporation is a biopharmaceutical company focusing on the discovery, development, and commercialization of therapeutic products for diseases such as diabetes and pulmonary arterial hypertension. Based in Danbury, Connecticut, the company was founded in February 1991.

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

MNKD vs ROG — Head-to-Head

Bigger by revenue
ROG
ROG
1.8× larger
ROG
$200.5M
$112.0M
MNKD
Growing faster (revenue YoY)
MNKD
MNKD
+40.6% gap
MNKD
45.8%
5.2%
ROG
Higher net margin
ROG
ROG
16.5% more per $
ROG
2.2%
-14.2%
MNKD
More free cash flow
ROG
ROG
$11.1M more FCF
ROG
$1.1M
$-10.0M
MNKD
Faster 2-yr revenue CAGR
MNKD
MNKD
Annualised
MNKD
30.0%
-3.3%
ROG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MNKD
MNKD
ROG
ROG
Revenue
$112.0M
$200.5M
Net Profit
$-15.9M
$4.5M
Gross Margin
87.6%
32.2%
Operating Margin
-6.9%
Net Margin
-14.2%
2.2%
Revenue YoY
45.8%
5.2%
Net Profit YoY
-314.9%
421.4%
EPS (diluted)
$-0.05
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MNKD
MNKD
ROG
ROG
Q1 26
$200.5M
Q4 25
$112.0M
$201.5M
Q3 25
$82.1M
$216.0M
Q2 25
$76.5M
$202.8M
Q1 25
$78.4M
$190.5M
Q4 24
$76.8M
$192.2M
Q3 24
$70.1M
$210.3M
Q2 24
$72.4M
$214.2M
Net Profit
MNKD
MNKD
ROG
ROG
Q1 26
$4.5M
Q4 25
$-15.9M
$4.6M
Q3 25
$8.0M
$8.6M
Q2 25
$668.0K
$-73.6M
Q1 25
$13.2M
$-1.4M
Q4 24
$7.4M
$-500.0K
Q3 24
$11.6M
$10.7M
Q2 24
$-2.0M
$8.1M
Gross Margin
MNKD
MNKD
ROG
ROG
Q1 26
32.2%
Q4 25
87.6%
31.5%
Q3 25
94.5%
33.5%
Q2 25
94.0%
31.6%
Q1 25
95.2%
29.9%
Q4 24
93.7%
32.1%
Q3 24
95.4%
35.2%
Q2 24
92.3%
34.1%
Operating Margin
MNKD
MNKD
ROG
ROG
Q1 26
Q4 25
-6.9%
3.5%
Q3 25
23.0%
7.3%
Q2 25
6.9%
-33.3%
Q1 25
28.5%
-0.2%
Q4 24
34.5%
-6.6%
Q3 24
18.2%
6.9%
Q2 24
22.9%
5.3%
Net Margin
MNKD
MNKD
ROG
ROG
Q1 26
2.2%
Q4 25
-14.2%
2.3%
Q3 25
9.7%
4.0%
Q2 25
0.9%
-36.3%
Q1 25
16.8%
-0.7%
Q4 24
9.7%
-0.3%
Q3 24
16.5%
5.1%
Q2 24
-2.8%
3.8%
EPS (diluted)
MNKD
MNKD
ROG
ROG
Q1 26
$0.25
Q4 25
$-0.05
$0.20
Q3 25
$0.03
$0.48
Q2 25
$0.00
$-4.00
Q1 25
$0.04
$-0.08
Q4 24
$0.03
$-0.04
Q3 24
$0.04
$0.58
Q2 24
$-0.01
$0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MNKD
MNKD
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$171.3M
$195.8M
Total DebtLower is stronger
$354.6M
Stockholders' EquityBook value
$-51.0M
$1.2B
Total Assets
$792.2M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNKD
MNKD
ROG
ROG
Q1 26
$195.8M
Q4 25
$171.3M
$197.0M
Q3 25
$260.0M
$167.8M
Q2 25
$179.0M
$157.2M
Q1 25
$181.5M
$175.6M
Q4 24
$197.3M
$159.8M
Q3 24
$251.6M
$146.4M
Q2 24
$247.8M
$119.9M
Total Debt
MNKD
MNKD
ROG
ROG
Q1 26
Q4 25
$354.6M
Q3 25
$109.7M
Q2 25
$36.2M
Q1 25
$36.1M
Q4 24
$36.1M
Q3 24
$227.9M
Q2 24
$227.6M
Stockholders' Equity
MNKD
MNKD
ROG
ROG
Q1 26
$1.2B
Q4 25
$-51.0M
$1.2B
Q3 25
$-44.6M
$1.2B
Q2 25
$-55.0M
$1.2B
Q1 25
$-58.6M
$1.3B
Q4 24
$-78.8M
$1.3B
Q3 24
$-209.9M
$1.3B
Q2 24
$-225.8M
$1.3B
Total Assets
MNKD
MNKD
ROG
ROG
Q1 26
$1.4B
Q4 25
$792.2M
$1.4B
Q3 25
$494.6M
$1.4B
Q2 25
$411.7M
$1.5B
Q1 25
$410.1M
$1.5B
Q4 24
$393.8M
$1.5B
Q3 24
$464.2M
$1.5B
Q2 24
$443.8M
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MNKD
MNKD
ROG
ROG
Operating Cash FlowLast quarter
$-8.0M
$5.8M
Free Cash FlowOCF − Capex
$-10.0M
$1.1M
FCF MarginFCF / Revenue
-8.9%
0.5%
Capex IntensityCapex / Revenue
1.8%
2.3%
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters
$13.7M
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNKD
MNKD
ROG
ROG
Q1 26
$5.8M
Q4 25
$-8.0M
$46.9M
Q3 25
$23.6M
$28.9M
Q2 25
$8.9M
$13.7M
Q1 25
$-6.4M
$11.7M
Q4 24
$22.6M
$33.7M
Q3 24
$9.3M
$42.4M
Q2 24
$3.8M
$22.9M
Free Cash Flow
MNKD
MNKD
ROG
ROG
Q1 26
$1.1M
Q4 25
$-10.0M
$42.2M
Q3 25
$22.5M
$21.2M
Q2 25
$7.8M
$5.6M
Q1 25
$-6.7M
$2.1M
Q4 24
$19.7M
$18.3M
Q3 24
$7.9M
$25.2M
Q2 24
$861.0K
$8.8M
FCF Margin
MNKD
MNKD
ROG
ROG
Q1 26
0.5%
Q4 25
-8.9%
20.9%
Q3 25
27.4%
9.8%
Q2 25
10.2%
2.8%
Q1 25
-8.6%
1.1%
Q4 24
25.7%
9.5%
Q3 24
11.3%
12.0%
Q2 24
1.2%
4.1%
Capex Intensity
MNKD
MNKD
ROG
ROG
Q1 26
2.3%
Q4 25
1.8%
2.3%
Q3 25
1.4%
3.6%
Q2 25
1.5%
4.0%
Q1 25
0.4%
5.0%
Q4 24
3.8%
8.0%
Q3 24
2.0%
8.2%
Q2 24
4.1%
6.6%
Cash Conversion
MNKD
MNKD
ROG
ROG
Q1 26
1.29×
Q4 25
10.20×
Q3 25
2.96×
3.36×
Q2 25
13.40×
Q1 25
-0.48×
Q4 24
3.05×
Q3 24
0.81×
3.96×
Q2 24
2.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MNKD
MNKD

Products$50.4M45%
Royalty$33.6M30%
Afrezza$22.9M20%
V Go$4.3M4%

ROG
ROG

Segment breakdown not available.

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