What is Oruka Therapeutics, Inc.'s non cash lease expense?

Oruka Therapeutics, Inc. (ORKA) reported non cash lease expense of $143K in Q1 2026.

What does non cash lease expense mean?

This represents the portion of lease expenses that does not involve an immediate cash outflow, typically related to the amortization of right-of-use assets. It is a non-cash adjustment used to reconcile net income with operating cash flows under current lease accounting standards. Investors use this to isolate the actual cash impact of lease obligations from non-cash accounting charges.

Oruka Therapeutics, Inc. ORKA Non Cash Lease Expense

Non Cash Lease Expense at other companies

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Other financials

Income statement

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Revenue-—

Operating income-$36.4M-45.2%

Net income-$31.8M-51.5%

EPS (diluted)-$0.46+93.4%

Balance sheet

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Cash & equivalents$49.5M-40.7%

Total debt$1.8M+90.8%

Total equity$486.7M+33.4%

Total assets$504.5M+33.8%

Cash flow

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Operating cash flow-$23.6M-13.0%

CapEx$73.0K+462%

Free cash flow-$23.7M-13.3%

Valuation

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Market cap$5.03B+533%

Returns & leverage

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Return on equity-27.3%-11.1pp

Debt / equity0×0.0×

Current ratio23.8×-6.3×

Where this comes from

Reported directly by Oruka Therapeutics, Inc. in its filing.

Tagged under the XBRL concept orka:NonCashLeaseExpense.

The official record: Oruka Therapeutics, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oruka Therapeutics, Inc.'s non cash lease expense?: Oruka Therapeutics, Inc. (ORKA) reported non cash lease expense of $143K in Q1 2026.
What does non cash lease expense mean?: This represents the portion of lease expenses that does not involve an immediate cash outflow, typically related to the amortization of right-of-use assets. It is a non-cash adjustment used to reconcile net income with operating cash flows under current lease accounting standards. Investors use this to isolate the actual cash impact of lease obligations from non-cash accounting charges.