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Filing Flows › Rani Therapeutics Holdings (RANI) › Q1 2026 › vs Q4 2025

Rani Therapeutics Holdings (RANI) Q1 2026 vs Q4 2025 (quarter over quarter)

Rani Therapeutics Holdings's revenue rose $247K (+17%) from $1.5M in Q4 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 Q4 2025, the increases inside each band.

Rani Therapeutics Holdings: what changed, Q1 2026 vs Q4 2025Rani Therapeutics Holdings: what changed, Q1 2026 vs Q4 2025Working capital & other$7.7MCash used in operations$6.8MOperating cash sources$6.6MNet loss−$1.1MNet loss absorbed−$1.1MOther income, net$863KCosts & expenses−$488KResearch & development$252KGeneral & admin−$201KShare-based compensation−$154K

Every line

LineQ1 2026Q4 2025Change%
Revenue$1.7M$1.5M$247K+17%
Other income, net$324K−$539K$863K—
Net loss$8.0M$9.1M−$1.1M-12%
Costs & expenses$10.0M$10.5M−$488K-5%
Operating costs$10.0M$10.0M$51K+0.5%
Research & development$5.2M$4.9M$252K+5%
General & admin$4.9M$5.1M−$201K-4%
Operating cash sources$8.7M$2.1M$6.6M+310%
Depreciation & amortization$161K$186K−$25K-13%
Share-based compensation$2.1M$2.2M−$154K-7%
Cash used in operations$6.5M−$294K$6.8M—
Net loss absorbed$8.0M$9.1M−$1.1M-12%
Working capital & other$727K−$6.9M$7.7M—

Questions

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

Rani Therapeutics Holdings's revenue rose $247K (+17%) from $1.5M in Q4 2025 to $1.7M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →