Rani Therapeutics Holdings (RANI) Non-Current Assets (2020 - 2026)
Rani Therapeutics Holdings' Non-Current Assets came in at $4.32 million for Q2 2026, down 25.8% from $5.83 million a year earlier and down 9.8% from the prior quarter.
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Analysis
Rani Therapeutics Holdings (RANI) Non-Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, Rani Therapeutics Holdings' Non-Current Assets was $5.3 million, down 23.1% from FY2024.
- Non-Current Assets has declined in each of the last three years, though with a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- Going back by year, Non-Current Assets was $6.89 million in FY2024 (-2.5%), $7.07 million in FY2023 (-0.5%), $7.1 million in FY2022 (+54.0%) and $4.61 million in FY2021 (+3.2%).
- The Q2 2026 figure represents the lowest quarterly Non-Current Assets in data going back to Q4 2020.
- Year-over-year, Non-Current Assets has declined for seven consecutive quarters, with an average decline of 21.6% over the last eight quarters.
- The fastest year-over-year change in Non-Current Assets over five years came in Q2 2024 (growth of 63.9%), and the weakest in Q3 2025 (a decline of 53.6%).
- Business Quant data shows RANI's Non-Current Assets at $4.79 million (Q1 2026), $5.3 million (Q4 2025) and $5.18 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 77.61 Bn |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 141.07 Bn |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 101.45 Bn |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 125.00 Mn |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 94.68 Bn |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 87.87 Bn |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 60.68 Bn |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 35.42 Bn |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 159.77 Bn |
| 10 | Rani Therapeutics Holdings | 110.43 Mn | -381,884.91 | - | 4.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.32 Mn |
| Mar 31, 2026 | 4.79 Mn |
| Dec 31, 2025 | 5.30 Mn |
| Sep 30, 2025 | 5.18 Mn |
| Jun 30, 2025 | 5.83 Mn |
| Mar 31, 2025 | 6.34 Mn |
| Dec 31, 2024 | 6.89 Mn |
| Sep 30, 2024 | 11.17 Mn |
| Jun 30, 2024 | 11.69 Mn |
| Mar 31, 2024 | 12.12 Mn |
| Dec 31, 2023 | 7.07 Mn |
| Sep 30, 2023 | 7.21 Mn |
| Jun 30, 2023 | 7.13 Mn |
| Mar 31, 2023 | 7.41 Mn |
| Dec 31, 2022 | 7.10 Mn |
| Sep 30, 2022 | 7.48 Mn |
| Jun 30, 2022 | 6.35 Mn |
| Mar 31, 2022 | 6.05 Mn |
| Dec 31, 2021 | 4.61 Mn |
| Sep 30, 2021 | 4.59 Mn |
API Access
Rani Therapeutics Holdings Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-assets&ticker=RANI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "ticker": "RANI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-assets&ticker=RANI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();