Rani Therapeutics Holdings, Inc.

Rani Therapeutics Holdings, Inc.

RANI
Rani Therapeutics Holdings, Inc.US flagNASDAQ Global Market
0.69
USD
+0.00
- -
45.14MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.05
0.02
0.14
- -
- -
0.04
0.02
0.03
Basic EPS, GAAP
-1.42
- -
-0.43
-1.28
-1.33
-1.05
-0.45
-0.29
Free Cash Flow per Basic Share
-1.49
-0.86
-1.68
-2.02
-2.06
-1.26
-0.28
-0.17
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-5.16
-6.05
-0.43
-1.63
-2.86
-3.61
-2
-1.36
Tangible Book Value per Share
-5.16
-6.05
6.22
3.11
1
0.12
0.63
0.35
Basic Weighted Avg Shares
19
19
20
24
26
28
66
103
Sales/Revenue/Turnover
1
- -
3
- -
- -
1
2
3
Operating Margin (%)
-2,764.56
-3,580.95
-1,899.12
- -
- -
-4,824.9
-2,345.99
-1,092.96
Depreciation Expense
1
1
- -
1
1
1
1
1
Net Income, GAAP
-27
- -
-8
-31
-34
-30
-30
-29
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-2,715.73
- -
-306.62
- -
- -
-2,920.04
-1,817.09
-929.06
Working Capital
13
70
117
96
43
10
41
33
LT Debt
- -
2
- -
29
24
13
3
2
Total Equity
-97
-113
122
74
25
3
42
36
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15
2
1
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
98
100
Market Capitalization
19
89
75

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5
53
47
Cash, Cash Equivalents & STI
4
50
43
Accounts Receivable, Net
- -
2
2
Inventories
- -
- -
- -
Total Current Liabilities
19
13
14
Payables & Accruals
4
4
5
ST Debt
15
2
1
Deferred Revenue
- -
7
7

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
138.03%
1,088.43%
Free Cash Flow
- -
15.88%
-47.43%
Net Income, GAAP
- -
39.35%
-1.15%
Sales/Revenue/Turnover
- -
- -
58.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
1
1
2025
- -
- -
- -
1
2
2026
2
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.26
-0.24
-0.27
-1.05
2025
-0.22
-0.18
-0.12
-0.07
-0.45
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Talat Imran
Full Time Employees
71
Sector
Healthcare
Industry
Biotechnology
Address
2051 Ringwood Avenue San Jose CA United States of America 95131
IPO Date
Jul 30, 2021
Business
Rani Therapeutics Holdings, Inc. (Nasdaq: RANI) operates as a clinical-stage biotherapeutics company that develops innovative technologies to enable the oral administration of biologics and drugs as a needle-free alternative to subcutaneous or intravenous injections for patients with chronic conditions. The company offers the proprietary RaniPill capsule platform, a drug-agnostic oral delivery system designed to accommodate a wide range of drug substances including antibodies, proteins, peptides, oligonucleotides, and other large molecules; this includes the RaniPill GO for payloads up to 3 mg with demonstrated high bioavailability comparable to injections, and the RaniPill HC under preclinical development for higher payloads up to 20 mg. Its pipeline features multiple product candidates leveraging the RaniPill technology, such as RT-101 (octreotide) in Phase 1 for acromegaly and neuroendocrine tumors; RT-102 (parathyroid hormone analog) in Phase 1 for osteoporosis; RT-105 (anti-TNF-alpha antibody) in preclinical stage for psoriatic arthritis; RT-109 (human growth hormone) for growth hormone deficiency; RT-110 (parathyroid hormone) for hypoparathyroidism; RT-111 (ustekinumab biosimilar) for inflammatory conditions; RT-114 and RT-116 for obesity treatments; as well as programs targeting GLP-1 agonists for type 2 diabetes and basal insulin for diabetes management. Founded in 2012 and headquartered in San Jose, California, Rani Therapeutics focuses on the biotechnology sector within healthcare, primarily targeting patients requiring biologic therapies for endocrine, immunology, metabolic, and rare diseases across the United States and global markets through partnerships. In recent developments, the company entered a landmark collaboration agreement in October 2025 with Chugai Pharmaceutical worth up to $1.085 billion, including a $10 million upfront payment, up to $75 million in technology transfer and development milestones, up to $100 million in sales milestones, and single-digit royalties on one initial drug target with options for five additional targets; concurrently, Rani closed an oversubscribed $60.3 million private placement financing led by Samsara BioCapital with participation from RA Capital Management, Anomaly Special Situations Funds, Invus, and founder Mir Imran to fund operations into 2028.

Company News

APIChatGPT
  • Rani Therapeutics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

  • Rani Therapeutics Announces Positive Initial Phase 1a Data for RT-114 for the Treatment of Obesity, with Oral Bioavailability Exceeding Matched Subcutaneous Dosing

  • Rani Therapeutics Announces Research and Development Collaboration with PegBio to Expand Obesity Pipeline Across Multiple Novel Candidates

  • Rani Therapeutics Appoints Nicholas Maestas as Chief Financial Officer

  • Rani Therapeutics Holdings, Inc. Announces Pricing of $20.0 Million Registered Direct Offering of Class A Common Stock Priced At-The-Market Under Nasdaq Rules

  • Rani Therapeutics Reports First Quarter 2026 Financial Results; Provides Corporate Update; Announces CFO Transition

  • Rani Therapeutics to Participate in the H.C. Wainwright Annual BioConnect Investor Conference

  • Rani Therapeutics Appoints Dr. Sara Kenkare-Mitra as Strategic Advisor to Advance Platform and Clinical Strategy

  • Rani Therapeutics Holdings, Inc. (RANI) Q4 2025 Earnings Call Transcript

  • Rani Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results; Provides Corporate Update

  • Rani Therapeutics Appoints Jesper Høiland as Head of Strategy to Advance Corporate and Pipeline Prioritization

  • Milestone Pharmaceuticals (NASDAQ:MIST) versus Rani Therapeutics (NASDAQ:RANI) Head to Head Review

  • Rani Therapeutics to Report Fourth Quarter and Full Year 2025 Financial Results

  • Rani Therapeutics Holdings, Inc. (NASDAQ:RANI) Receives Average Recommendation of “Moderate Buy” from Brokerages

  • Rani Therapeutics Announces the Promotion of Alireza Javadi, Ph.D. to Chief Technical Officer

  • Rani Therapeutics Initiates Phase 1 Study of RT-114 RaniPill® for the Treatment of Obesity in Collaboration with ProGen

  • Rani Therapeutics (NASDAQ:RANI) Stock Price Down 2.2% – What’s Next?

  • Rani Therapeutics to Participate in the Evercore Healthcare Conference

  • Rani Therapeutics Reports Third Quarter 2025 Financial Results; Provides Corporate Update

  • Rani Therapeutics Sees Unusually Large Options Volume (NASDAQ:RANI)