Rani Therapeutics Holdings, Inc.

Rani Therapeutics Holdings, Inc.

RANI·NASDAQ

$0.88

+2.9%
HealthcareBiotechnology

Rani Therapeutics Holdings, Inc. operates as a clinical stage biotherapeutics company that develops orally administered biologics. The company develops the RaniPill capsule, a platform that is intended to replace subcutaneous or IV injection of biologics with oral dosing. Its product pipeline includes RT-101, an octreotide, which has completed Phase I clinical trial for the treatment of neuroendocrine tumors and acromegaly; RT-105, an anti-TNF-alpha antibody to treat psoriatic arthritis; RT-102, a parathyroid hormone that is in preclinical studies for the treatment of osteoporosis; RT-109, a human growth hormone to treat growth hormone deficiency; RT-110, a parathyroid hormone for the treatment of hypoparathyroidism; and RT-106, a basal insulin for the treatment of type 2 diabetes. The company was incorporated in 2012 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$57.16M
EPS-0.4500
P/E Ratio-1.94
Earnings Date08/06/2026
3Y-
5Y+253.0%
10Y+67.0%
3Y-3.0%
5Y+78.0%
10Y+12.0%
3Y-60.0%
5Y+25.0%
10Y-29.0%
Rani Therapeutics Holdings, Inc.

Rani Therapeutics Holdings, Inc. Profit Bridge

RANI · NASDAQ
Revenue1.63M
Cost of Goods Sold (900.00K)
Gross Profit733.00K
Operating Expenses (39.04M)
Operating Income-38.31M
Interest Expense (2.89M)
Other Income/Expense-2.64M
Pretax Income-40.95M
Income Tax (0.00)
Net Income-29.67M
Net Income
-29.67M

Profitability Analysis

Gross Margin

44.9%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-2346.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-1817.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Rani Therapeutics Holdings, Inc. Income Statement

RANI • NASDAQ

Rani Therapeutics Holdings, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
REVENUE
1.6M
1M
0.0
0.0
2.7M
462K
979K
GROSS PROFIT
(900K)
(0.0)
(822K)
(0.0)
(0.0)
(0.0)
(0.0)
733K
1M
-822K
0.0
2.7M
462K
979K
OPERATING INCOME
(39M)
(54.3M)
(65.3M)
(63.5M)
(54.3M)
(17M)
(28M)
(19.7M)
(23.9M)
(26.5M)
(26.8M)
(27.8M)
(5M)
(3.5M)
(20.2M)
(26.7M)
(39.6M)
(36.6M)
(26.5M)
(12M)
(24.6M)
-38.3M
-53.3M
-66.1M
-63.5M
-51.6M
-16.5M
-27.1M
PRE-TAX INCOME
(2.9M)
(5M)
(5.1M)
(1.1M)
(466K)
(124K)
(10K)
-2.1M
-3.3M
-1.8M
177K
-377K
-61K
413K
-900K
(3.7M)
-822K
(0.0)
(0.0)
(0.0)
(0.0)
-2.6M
23.3M
-1.8M
177K
-1.4M
-124K
478K
-41M
-30M
-67.9M
-63.3M
-53M
-16.7M
-26.6M
NET INCOME
(0.0)
(26.6M)
(0.0)
(70K)
(41K)
(35K)
(10K)
-29.7M
-30M
-34M
-30.6M
-8.3M
-16.7M
-26.6M

SEC Filings

RANI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

May 27, 2026
May 26, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 15, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 11, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 16, 2026
May 28, 2026
2026
10-K

10-K 2025 FY

FY

March 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
8-K

8-K 2025

N/A

January 02, 2026
December 31, 2025
2025
S-3

S-3

N/A

November 07, 2025
November 07, 2025
 
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 93 filings