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Rani Therapeutics Holdings, Inc. (RANI)
NASDAQ: RANI · Real-Time Price · USD
0.8550
+0.0357 (4.36%)
Jul 29, 2026, 3:03 PM EDT - Market open

RANI Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-40.95-56.58-67.88-63.34-53.09
Depreciation & Amortization
0.91.030.820.550.5
Stock-Based Compensation
11.816.0319.0115.7822.6
Other Adjustments
2.584.57-1.04-0.011.18
Change in Receivables
-2.04----
Changes in Accounts Payable
-1.050.71-0.60.160.54
Changes in Accrued Expenses
3.180.35-0.540.610.74
Changes in Unearned Revenue
8.54----2.72
Changes in Other Operating Activities
-1.67-1.61-1.01-0.26-1.99
Operating Cash Flow
-18.71-35.5-51.24-46.52-32.25
Operating Cash Flow Growth
-----

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-0.09-0.27-1.23-1.62-0.51
Purchases of Investments
-33.69-57.47-73.26-73.82-
Proceeds from Sale of Investments
26.7577.55104.353-
Investing Cash Flow
-7.0319.8129.86-72.44-0.51

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Repaid
-----1.25
Net Short-Term Debt Issued (Repaid)
-----1.25
Long-Term Debt Issued
---29.57-
Long-Term Debt Repaid
-20.72-5---3.31
Net Long-Term Debt Issued (Repaid)
-20.72-5-29.57-3.31
Issuance of Common Stock
61.0818.630.40.3273.67
Repurchase of Common Stock
-0.06-0.05-0.16-0.63-
Net Common Stock Issued (Repurchased)
61.0218.590.23-0.3173.67
Issuance of Preferred Stock
----6.32
Net Preferred Stock Issued (Repurchased)
----6.32
Other Financing Activities
----0.261.72
Financing Cash Flow
40.313.590.2329.0177.15

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
14.56-2.1-21.14-89.9544.4

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-18.8-35.76-52.47-48.13-32.75
Free Cash Flow Growth
-----
FCF Margin
-1151.38%-3478.99%---1205.41%
Free Cash Flow Per Share
-0.28-1.26-2.06-2.02-1.68
Levered Free Cash Flow
-40.58-34.8-36.52-1.58-16.34
Unlevered Free Cash Flow
-28.5-53.1-68.65-63.94-55
SEC Filings: 10-K · 10-Q