Ultragenyx Pharmaceutical (RARE) Operating Leases (2019 - 2025)

Ultragenyx Pharmaceutical (RARE) reported Operating Leases of $24.0 million for Q4 2025, down 20.0% year-over-year from $30.0 million in Q4 2024, and up 10.64% quarter-over-quarter from $21.7 million in Q3 2025.

Ultragenyx Pharmaceutical (RARE) Operating Leases (2019 - 2025) Analysis & Trends

Ultragenyx Pharmaceutical (RARE) has 7 years of Operating Leases data on file, last reported at $24.0 million in Q4 2025.

  • Operating Leases for Q4 2025 came in at $24.0 million, down 20.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $24.0 million (down 20.0% YoY), and the FY2025 annual result was $24.0 million, down 20.0% from the prior year.
  • Operating Leases grew to $24.0 million in Q4 2025 per RARE's latest filing, from $21.7 million in the prior quarter.
  • Over five years, Operating Leases peaked at $36.8 million in Q1 2021 and troughed at $14.8 million in Q2 2023.
  • A 5-year average of $26.8 million and a median of $26.8 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases sank 42.69% in 2023, then jumped 73.4% in 2024.
  • A 5-year view of Operating Leases shows it stood at $30.9 million in 2021, then plunged by 35.89% to $19.8 million in 2022, then soared by 54.31% to $30.6 million in 2023, then dropped by 1.88% to $30.0 million in 2024, then decreased by 20.0% to $24.0 million in 2025.
  • Business Quant data shows RARE's Operating Leases at $24.0 million in Q4 2025, $21.7 million in Q3 2025, and $24.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Ultragenyx Pharmaceutical 2.77 Bn 2.36 Bn 106.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 24.00 Mn
Sep 30, 2025 21.69 Mn
Jun 30, 2025 24.53 Mn
Mar 31, 2025 27.79 Mn
Dec 31, 2024 30.00 Mn
Sep 30, 2024 23.66 Mn
Jun 30, 2024 25.74 Mn
Mar 31, 2024 27.98 Mn
Dec 31, 2023 30.57 Mn
Sep 30, 2023 34.56 Mn
Jun 30, 2023 14.85 Mn
Mar 31, 2023 17.34 Mn
Dec 31, 2022 19.81 Mn
Sep 30, 2022 22.87 Mn
Jun 30, 2022 25.90 Mn
Mar 31, 2022 28.04 Mn
Dec 31, 2021 30.90 Mn
Sep 30, 2021 33.34 Mn
Jun 30, 2021 35.86 Mn
Mar 31, 2021 36.75 Mn