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

Ultragenyx Pharmaceutical's (RARE) quarterly Operating Leases came in at $24.0 million in Q4 2025, down 20.0% year-on-year from $30.0 million in Q4 2024, and up 10.64% on a QoQ basis 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.

  • On a quarterly basis, Operating Leases fell 20.0% year-over-year to $24.0 million in Q4 2025; TTM through Dec 2025 was $24.0 million, a 20.0% decrease from a year earlier, with the FY2025 full-year figure at $24.0 million, down 20.0% from the prior year.
  • Operating Leases for Q4 2025 stood at $24.0 million, up from $21.7 million in the prior quarter.
  • Over the last five years, Operating Leases for RARE reached as high as $36.8 million in Q1 2021 and fell as low as $14.8 million in Q2 2023.
  • Historically, Operating Leases has averaged $26.8 million across 5 years, with a median of $26.8 million in 2022.
  • Across the five-year window, Operating Leases tumbled 42.69% in 2023 and surged 73.4% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $30.9 million in 2021, then sank by 35.89% to $19.8 million in 2022, then soared by 54.31% to $30.6 million in 2023, then retreated by 1.88% to $30.0 million in 2024, then declined by 20.0% to $24.0 million in 2025.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 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 Ultragenyx Pharmaceutical 2.72 Bn 2.31 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