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Mannkind vs Pharming Group

Mannkind and Pharming Group are similar in size: $349m and $376m of revenue in their latest fiscal years. Pharming Group grew faster (26.6% against 22.2%). Mannkind kept more of each dollar of sales as profit: a net margin of 1.7% against 0.8%.

Latest fiscal yearMannkindMNKD, 2025Pharming GroupPHAR, 2025
Revenue $349m $376m
Revenue growth 22.2% 26.6%
Net income $5.9m $2.9m
Operating margin 11.1% 6.9%
Net margin 1.7% 0.8%
Return on equity — 1.1%
Free cash flow $13.7m $54.0m
Cash $74.9m $145m
Total debt $361m $98.1m
Debt to equity — 35.4%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $1.16bn $898m
Price vs our value range — Above our value range
Moat score 20 (Weak) —
Insider trades, 12 months 1 buys, 14 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.