Rani Therapeutics Holdings (RANI) Operating Leases (2022 - 2026)
Rani Therapeutics Holdings' (RANI) quarterly Operating Leases came in at $2.5 million in Q1 2026, down 27.52% year-on-year from $3.4 million in Q1 2025, and down 9.19% quarter-over-quarter from $2.7 million in Q4 2025.
Rani Therapeutics Holdings (RANI) Operating Leases (2022 - 2026) Analysis & Trends
Rani Therapeutics Holdings' Operating Leases history runs 5 years deep, the most recent figure standing at $2.5 million for Q1 2026.
- On a quarterly basis, Operating Leases fell 27.52% year-over-year to $2.5 million in Q1 2026; TTM through Mar 2026 was $2.5 million, a 27.52% decrease from a year earlier, with the FY2025 full-year figure at $2.7 million, down 24.88% from the prior year.
- Operating Leases eased to $2.5 million in Q1 2026 per RANI's latest filing, from $2.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $4.7 million in Q1 2024 and bottomed at $59000.0 in Q4 2022.
- The 5-year median for Operating Leases is $2.6 million (2025), against an average of $2.1 million.
- Across the five-year window, Operating Leases tumbled 46.23% in 2023 and surged 2249.12% in 2024, its largest moves.
- Year by year, Operating Leases stood at $59000.0 in 2022, then soared by 189.83% to $171000.0 in 2023, then jumped by 2026.9% to $3.6 million in 2024, then slipped by 24.88% to $2.7 million in 2025, then declined by 9.19% to $2.5 million in 2026.
- Per Business Quant, the three latest RANI Operating Leases figures stand at $2.5 million (Q1 2026), $2.7 million (Q4 2025), and $3.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - |
| 10 | Rani Therapeutics Holdings | 160.20 Mn | 167.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.48 Mn |
| Dec 31, 2025 | 2.73 Mn |
| Sep 30, 2025 | 2.97 Mn |
| Jun 30, 2025 | 3.20 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 3.64 Mn |
| Sep 30, 2024 | 4.02 Mn |
| Jun 30, 2024 | 4.39 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Sep 30, 2023 | 171,000.00 |
| Jun 30, 2023 | 338,000.00 |
| Mar 31, 2023 | 500,000.00 |
| Dec 31, 2022 | 59,000.00 |
| Sep 30, 2022 | 318,000.00 |
| Jun 30, 2022 | 341,000.00 |
| Mar 31, 2022 | 509,000.00 |