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Filing Flows › Rani Therapeutics Holdings (RANI) › Q1 2026 › vs Q1 2025

Rani Therapeutics Holdings (RANI) Q1 2026 vs Q1 2025 (year over year)

Rani Therapeutics Holdings's revenue rose $1.5M (+893%) from $172K in Q1 2025 to $1.7M in Q1 2026.

Rani Therapeutics Holdings, Q1 2026: revenue $1.7M (+893% year over year), operating margin -488.2%, net loss $8.0M, operating cash flow −$6.5M. The chart draws each line against Q1 2025, the increases inside each band.

Rani Therapeutics Holdings: what changed, Q1 2026 vs Q1 2025Rani Therapeutics Holdings: what changed, Q1 2026 vs Q1 2025Net loss−$4.7MNet loss absorbed−$4.7MOperating cash sources−$3.6MCosts & expenses−$2.9MOperating costs−$2.1MShare-based compensation−$1.8MCash used in operations−$1.7MResearch & development−$1.4MWorking capital & other$1.1MOther income, net$1.0M

Every line

LineQ1 2026Q1 2025Change%
Revenue$1.7M$172K$1.5M+893%
Other income, net$324K−$725K$1.0M—
Net loss$8.0M$12.7M−$4.7M-37%
Costs & expenses$10.0M$12.9M−$2.9M-22%
Operating costs$10.0M$12.2M−$2.1M-18%
Research & development$5.2M$6.6M−$1.4M-21%
General & admin$4.9M$5.6M−$729K-13%
Operating cash sources$8.7M$12.3M−$3.6M-29%
Depreciation & amortization$161K$251K−$90K-36%
Share-based compensation$2.1M$3.9M−$1.8M-47%
Cash used in operations$6.5M$8.1M−$1.7M-20%
Net loss absorbed$8.0M$12.7M−$4.7M-37%
Working capital & other$727K−$413K$1.1M—

Questions

How much did Rani Therapeutics Holdings's revenue grow year over year in Q1 2026?

Rani Therapeutics Holdings's revenue rose $1.5M (+893%) from $172K in Q1 2025 to $1.7M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →