Rani Therapeutics Holdings (RANI) Share-based Compensation (2021 - 2026)

Rani Therapeutics Holdings' (RANI) quarterly Share-based Compensation came in at $32000.0 in Q1 2026, down 99.18% year-on-year from $3.9 million in Q1 2025, and down 99.73% quarter-over-quarter from $11.8 million in Q4 2025.

Rani Therapeutics Holdings (RANI) Share-based Compensation (2021 - 2026) Analysis & Trends

Rani Therapeutics Holdings' Share-based Compensation history runs 6 years deep, the most recent figure standing at $32000.0 for Q1 2026.

  • On a quarterly basis, Share-based Compensation fell 99.18% year-over-year to $32000.0 in Q1 2026; TTM through Mar 2026 was $31.7 million, a 13.59% increase from a year earlier, with the FY2025 full-year figure at $11.8 million, down 35.88% from the prior year.
  • Share-based Compensation slipped to $32000.0 in Q1 2026 per RANI's latest filing, from $11.8 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $21.8 million in Q3 2024 and bottomed at -$4.3 million in Q2 2023.
  • The 5-year median for Share-based Compensation is $4.3 million (2023), against an average of $7.5 million.
  • Across the five-year window, Share-based Compensation tumbled 207.7% in 2023 and jumped 75072.41% in 2024, its largest moves.
  • Year by year, Share-based Compensation stood at $15.3 million in 2022, then increased by 23.43% to $18.8 million in 2023, then retreated by 15.14% to $16.0 million in 2024, then slipped by 26.47% to $11.8 million in 2025, then plunged by 99.73% to $32000.0 in 2026.
  • Per Business Quant, the three latest RANI Share-based Compensation figures stand at $32000.0 (Q1 2026), $11.8 million (Q4 2025), and $8.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - 6.39 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 9.26 Mn
4 NuCana 279.75 Bn 279.75 Bn - 1.18 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 166.40 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 257.40 Mn
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 - 87.30 Mn
10 Rani Therapeutics Holdings 160.20 Mn 167.33 Mn - 32,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 32,000.00
Mar 31, 2026 32,000.00
Dec 31, 2025 11.76 Mn
Dec 31, 2025 11.76 Mn
Sep 30, 2025 8.40 Mn
Sep 30, 2025 8.40 Mn
Jun 30, 2025 2.90 Mn
Jun 30, 2025 2.90 Mn
Mar 31, 2025 3.93 Mn
Mar 31, 2025 3.93 Mn
Dec 31, 2024 15.99 Mn
Dec 31, 2024 15.99 Mn
Sep 30, 2024 21.80 Mn
Sep 30, 2024 21.80 Mn
Jun 30, 2024 4.13 Mn
Jun 30, 2024 4.13 Mn
Mar 31, 2024 3.87 Mn
Mar 31, 2024 3.87 Mn
Dec 31, 2023 18.85 Mn
Dec 31, 2023 18.85 Mn