# Rani Therapeutics Holdings, Inc. (RANI)

> Healthcare · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/RANI/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $ 1.67M | $ -30.38M | $ -19.25M | N/A | $ 33.01M |
| 2024 | $ 1.08M | $ -31.55M | $ -37.59M | $ 29.71M | $ 1.99M |
| 2023 | $ 0 | $ -36.73M | $ -56.73M | $ 30.10M | $ 12.87M |
| 2022 | $ 0 | $ -34.17M | $ -53.77M | $ 30.21M | $ 36.86M |
| 2021 | $ 3.23M | $ -23.08M | $ -38.93M | $ 0 | $ 47.41M |
| 2020 | $ 587.3K | $ -35.22M | $ -20.59M | $ 3.77M | $ -113.34M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.13 |
| Liabilities / Eq | 0.52 |
| Current Ratio | 4.21 |

## Other views

- [Metrics](https://sponda.capital/en/RANI.md)
- [Charts](https://sponda.capital/en/RANI/charts.md)
- [Compare](https://sponda.capital/en/RANI/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-13.