Invesaro

Stocks Health care RANI

NASDAQ · Health care

Rani Therapeutics Holdings, Inc. (RANI)

Rani Therapeutics Holdings, Inc. brought in $4.9M of revenue over the twelve months to June 30, 2026, up 306.4% from a year earlier. It posted a net loss of $30.1M. In fiscal 2025 capital spending exceeded operating cash flow by $18.8M. At June 30, 2026 it held $4.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

Free, no password. An email when RANI files with the SEC.

Price
$0.57
+5.03% on the day · November 9, 2026
52-week range $0.51 to $2.16
Market cap
$80.1M
Revenue (last 12 months)
$4.9M
+306.4% year on year
Net margin
-618.0%

Key facts about Rani Therapeutics Holdings, Inc.

Net worth
Rani Therapeutics Holdings, Inc. has a market value (market cap) of $80.1M at the latest share price, and shareholders' equity of $39.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $1.6M (+58.9% year on year), with a net loss of $29.7M. Over the 12 months to June 30, 2026: revenue $4.9M, net loss $30.1M.
Cash flow
In fiscal 2025 operations used $18.7M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Rani Therapeutics Holdings, Inc.'s next report was expected around November 5, 2026 and is not on file with the SEC yet.

What Rani Therapeutics Holdings, Inc. does

Rani Therapeutics Holdings, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker RANI.

Revenue and profit by year

Revenue
FY21: $462K $462K FY21FY21: $2.7M $2.7M FY21FY22: $0 $0 FY22FY23: $0 $0 FY23FY24: $1M $1M FY24FY25: $1.6M $1.6M FY25
Net income
FY21: -$16.7M -$16.7M FY21FY21: -$8.3M -$8.3M FY21FY22: -$30.6M -$30.6M FY22FY23: -$34M -$34M FY23FY24: -$30M -$30M FY24FY25: -$29.7M -$29.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.6M-$38.3M-$29.7M-$0.45-$18.8M
2024$1M-$53.3M-$30M-$1.05-$35.8M
2023$0-$66.1M-$34M-$1.33-$52.5M
2022$0-$63.5M-$30.6M-$1.28-$48.1M
2021$2.7M-$51.6M-$8.3M-$0.43-$32.8M
2021$462K-$16.5M-$16.7Mn/a-$16.2M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

A report was expected around November 5, 2026 and is not on file yet.

Estimated from its filing rhythm: 52 weeks after its report of November 6, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where RANI ranks in Health care

Revenue$1.6M
#623 of 751 in Health care · Bottom 17%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Rani Therapeutics Holdings, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 14, 2026
  2. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue was $1.7M; diluted EPS -$0.04 versus -$0.18.
  3. August 13, 2026
  4. August 4, 2026
  5. July 31, 2026
  6. July 15, 2026
  7. June 30, 2026
  8. May 29, 2026
  9. May 28, 2026
  10. May 27, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 29, 2026. Insider transactions on SEC

Insider trades

What the people running Rani Therapeutics Holdings, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
September 27, 2026 Javadi AlirezaChief Technical Officer Shares withheld for tax 309 $0.76 $234.6 Form 4
September 27, 2026 Imran TalatChief Executive Officer, Director Shares withheld for tax 7,928 $0.76 $6K Form 4
July 21, 2026 Imran Mir ADirector, 10% owner Bought 36,000 $0.69 $24.8K Form 4
July 17, 2026 Imran TalatChief Executive Officer, Director Bought 35,000 $0.72 $25.2K Form 4
June 27, 2026 Imran TalatChief Executive Officer, Director Shares withheld for tax 7,927 $0.74 $5.9K Form 4
June 27, 2026 Javadi AlirezaChief Technical Officer Shares withheld for tax 309 $0.74 $228.7 Form 4
March 27, 2026 Imran TalatChief Executive Officer, Director Shares withheld for tax 9,099 $0.81 $7.4K Form 4
March 27, 2026 Javadi AlirezaChief Technical Officer Sold 386 $0.78 $301.1 Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns RANI

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Mir A Imran13D, may seek influence with 3 related filers 22.1% 27,093,552 October 27, 2025
Raymond Debbane13G, passive with 7 related filers 9.99% 9,825,911 October 23, 2025
AWM Investment Company, Inc.13G, passive 9.9% 9,745,343 February 13, 2026
RA Capital Management, L.P.13G, passive with 3 related filers 9.9% 11,530,414 August 14, 2026
Srinivas Akkaraju13D, may seek influence with 4 related filers 9.9% 11,322,961 May 28, 2026

Latest filings below 5%: Vanguard Capital Management 4.49% (July 31, 2026); SymBiosis Capital Partners, LLC 4.4% (May 15, 2026); The Vanguard Group 0% (March 27, 2026); Armistice Capital, LLC 4.99% (November 14, 2025); South Cone Investments Limited Partnership 4.9% (October 22, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 67 managers reported a position.

HolderSharesValueChange on quarter
Samsara Biocapital, LLC10,369,159$7.9M+1,869,159
RA Capital Management, L.P.8,500,000$6.5M0
AWM Investment Company, Inc.7,500,000$5.7M+1,000,000
Vanguard Capital Management LLC4,562,985$3.5M-59,582
Longaeva Partners L.P.2,329,459$1.8M0
Polar Asset Management Partners Inc.2,318,542$1.8Mnew
Siren, L.L.C.2,000,000$1.5M0
Heights Capital Management, Inc934,580$710.7Knew
Geode Capital Management, LLC890,618$677.6K-12,680
Citadel Advisors LLC641,995$488.2Knew
Marshall Wace, Llp586,265$445.6Knew
Nan Fung Group Holdings Ltd493,584$375.3K0
Jane Street Group, LLC485,899$369.5K+320,300
Vanguard Fiduciary Trust Co458,126$348.2K+3,076
Renaissance Technologies LLC430,737$327.5Knew
State Street Corp373,142$283.7K0
BlackRock, Inc.342,113$260.1K-214,776
United Services Automobile Association302,743$230.2K0
UBS Group AG297,270$225.9K+70,047
Kestra Private Wealth Services, LLC282,340$214.7K+17,181

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

3 insiders reported holding 2,590,213 shares in total, about $1.5M at the last price.

HolderSharesAs of
Imran Mir ADirector, 10% owner 2,119,334 July 21, 2026
Imran TalatChief Executive Officer, Director 461,808 September 27, 2026
Javadi AlirezaChief Technical Officer 9,071 September 27, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about RANI

What does Rani Therapeutics Holdings, Inc. do?

Rani Therapeutics Holdings, Inc. is a company in the Health care sector, listed on NASDAQ as RANI. Its shares trade on NASDAQ under the ticker RANI.

What is Rani Therapeutics Holdings, Inc.'s net worth?

Rani Therapeutics Holdings, Inc. has a market value (market cap) of $80.1M at the latest share price, and shareholders' equity of $39.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Rani Therapeutics Holdings, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $30.1M on revenue of $4.9M.

How much revenue does Rani Therapeutics Holdings, Inc. make?

Over the twelve months to June 30, 2026 Rani Therapeutics Holdings, Inc. reported revenue of $4.9M. That is 306.4% more than a year earlier.

When did Rani Therapeutics Holdings, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 29, 2026.

When is Rani Therapeutics Holdings, Inc.'s next earnings report?

Rani Therapeutics Holdings, Inc.'s next report was expected around November 5, 2026 and is not on file with the SEC yet.

Similar companies

Compare RANI with

Compare RANI with any company

Follow RANI

Get an email when Rani Therapeutics Holdings, Inc. files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when RANI files with the SEC.

Where the numbers come from

Financial figures are the values Rani Therapeutics Holdings, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.