RCAT - NASDAQ
Red Cat Holdings, Inc.
$13.79
-7.1%Red Cat Holdings, Inc., through its subsidiaries, provides various products, services, and solutions to the drone industry. It offers commercial and government unmanned aerial vehicle technology for reconnaissance, public safety, and inspection applications. The company also provides First Person View (FPV) video goggles; and software and hardware solutions that enable drones to complete inspection services in locations where global positioning systems are not available. In addition, it is involved in the sales of FPV drones and equipment primarily to the consumer marketplace. Red Cat Holdings, Inc.is based in San Juan, Puerto Rico.
At a Glance
Live SnapshotRed Cat Holdings, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Red Cat Holdings, Inc. Income Statement
RCAT • NASDAQ
| Red Cat Holdings, Inc. Income Statement | Dec 2025 | Apr 2025 | Mar 2025 | Dec 2024 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
40.7M | 7.3M | 7.3M | 7.3M | 17.8M | 4.6M | 6.4M | 5M | 403.9K | 105.1K | 933.0 | 203.6K | 59.4K | 42.1K | 8.5K | 31.7K | -31K | -13.4K | -67.5K | 425K | |
GROSS PROFIT | ||||||||||||||||||||
(39.5M) | (9.3M) | (9.3M) | (9.3M) | (14.2M) | (5.5M) | (5.5M) | (3.9M) | (325.4K) | (351.8K) | (280.0) | (105.9K) | (49.8K) | (20.1K) | (0.0) | (24.5K) | (0.0) | (0.0) | (0.0) | (0.0) | |
1.3M | -2M | -2M | -2M | 3.7M | -834.3K | 925.5K | 1.1M | 78.6K | -246.7K | 653.0 | 97.7K | 9.6K | 22K | 8.5K | 7.3K | -31K | -13.4K | -67.5K | 425K | |
OPERATING INCOME | ||||||||||||||||||||
(67.9M) | (36.7M) | (36.7M) | (36.7M) | (21.6M) | (25.5M) | (13.9M) | (5.9M) | (1.7M) | (751.3K) | (2.7M) | (1.7M) | (248.7K) | (417K) | (36.5K) | (230.4K) | (53.8K) | (25.8K) | (16.6K) | (27.7K) | |
(50M) | (26.7M) | (26.7M) | (26.7M) | (15.2M) | (16.8M) | (10M) | (4.8M) | (1.2M) | (384.7K) | (1.6M) | (734.7K) | (23.6K) | (0.0) | (10.3K) | (230.4K) | (53.8K) | (25.8K) | (16.6K) | (27.7K) | |
(17.9M) | (9.9M) | (9.9M) | (9.9M) | (6.3M) | (5.9M) | (2.6M) | (516.1K) | (489K) | (366.6K) | (993.9K) | (860.5K) | (353.4K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-66.6M | -38.8M | -38.8M | -38.8M | -17.9M | -26.3M | -13M | -4.9M | -1.7M | -751.3K | -2.7M | -1.5M | -239K | -395K | -28.1K | -223.1K | -46.2K | -33.8K | -47.5K | 424.2K | |
PRE-TAX INCOME | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (68.6K) | (122K) | (147.7K) | (1.2M) | (29.2K) | (500.2K) | (376.1K) | (10.4K) | (104.8K) | (4.4K) | (0.0) | (9.5K) | (38.6K) | (36.6K) | (36.6K) | (26.8K) | |
0.0 | 84.9K | 84.9K | 84.9K | -68.6K | -122K | -147.7K | -1.2M | -29.2K | -489.6K | -376.1K | -10.4K | -1.8K | -4.4K | 10K | -9.5K | -38.6K | -36.6K | -36.6K | -26.8K | |
(0.0) | (139.6K) | (139.6K) | (139.6K) | (17.9K) | (2.8M) | (1.4M) | (590.3K) | (0.0) | -1.2M | (54.9K) | (60.7K) | -67.3K | (417K) | (36.5K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-5M | -24.1M | -26.7M | -26.7M | -3.7M | -38.8K | 1.3M | -8.4M | 57.2K | -1.2M | 3.8M | -1.9M | -1.8K | -7M | 195.9K | 963.2K | -38.6K | -36.6K | 0.0 | 380.2K | |
-71.6M | -62.9M | -65.4M | -65.4M | -21.5M | -26.4M | -11.7M | -13.2M | -1.6M | -751.3K | 1.1M | -3.4M | -3.5M | -7.4M | 167.8K | 832.9K | -84.7K | -70.4K | -84K | 397.4K | |
NET INCOME | ||||||||||||||||||||
(443K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -670.2K | -3.8M | (0.0) | (3.3M) | (0.0) | (9.5K) | -1.1M | (0.0) | (0.0) | (0.0) | -139.1K | |
-72.1M | -65.4M | -65.4M | -65.4M | -24.1M | -28.1M | -11.7M | -13.2M | -1.6M | -751.3K | 1.1M | -3.4M | -3.5M | -7.4M | 158.4K | 832.9K | -84.7K | -70.4K | -84K | 397.4K |
SEC Filings
RCAT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 20, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 14, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 30, 2026 | June 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 30, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 19, 2026 | December 31, 2025 | 2025 |
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
Review consensus spread and where estimate risk is concentrated.