Red Cat Holdings, Inc. RCAT R2KR3KDEFENCE
Company Overview
Red Cat Holdings, Inc., together with its subsidiaries, provides drone and robotic solutions for defense, national security, and commercial applications in the United States. The company designs and manufactures small and tactical unmanned aircraft systems (UAS), such as BLACK WIDOW, a short-range reconnaissance war fighter with selectable integrated AI software capabilities; TEAL 2, a blue UAS product of defense used by combat soldiers, police officers, firefighters, wildlife managers, and industrial inspectors; and FANG, a first-person view small UAS. It also develops and produces long-endurance, vertical takeoff, and landing fixed-wing unmanned aircraft systems designed for extended-range intelligence, surveillance, and reconnaissance missions, such as THE EDGE 130. In addition, the company develops BLUE OPS, a battle-tested uncrewed surface vessel weapons system. Further, it provides FANG FPV DRONE, part of ARACHNID family of unmanned intelligence. Red Cat Holdings, Inc. is based in South Salt Lake, Utah.
Why Investors Should Care
Revenue has grown at a 84.7% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.06.
Recent Developments
- Dec 2025 Revenue of $40.73M (+128.4% YoY); net profit $-72.08M.
- Trailing 12 Months Year-on-year growth — revenue +849.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 84.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 84.66% |
| 1 Year: | 849.10% |
Stock Price Performance
| 1 Year: | -10.86% |
| 6 Months: | -45.51% |
| 3 Months: | -33.99% |
| 1 Month: | -3.46% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)42.99 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 84.7% over 5 years.
CONS
- Trading 51.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RCAT Red Cat Holdings, Inc. R2KR3KDEFENCE | 8.37 | -12.31 | $1.27B | 0.00% | -25.73% | -56.42% | 84.66% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 147.95 | -134.50 | $1.12T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 813.94 | 35.05 | $374.15B | 0.76% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 337.12 | 39.85 | $349.78B | 0.50% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 200.79 | 35.41 | $270.62B | 1.31% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 941.95 | 26.98 | $250.87B | 0.20% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 693.53 | 39.29 | $187.33B | 1.05% | 12.53% | 18.35% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 291.88 | 23.83 | $173.40B | 1.92% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 212.25 | 76.08 | $167.63B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Jul 2018 | Sep 2018 | Oct 2018 | Jan 2019 | Mar 2019 | Jul 2019 | Oct 2019 | Jan 2020 | Jul 2020 | Oct 2020 | Jan 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Jul 2022 | Oct 2022 | Jan 2023 | Jul 2023 | Oct 2023 | Jan 2024 | Mar 2024 | Jun 2024 | Jul 2024 | Sep 2024 | Oct 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 310.88K | 529.44K | - | - | 3.21M | 886.44K | 1.29M | - | 1.63M | 1.13M | 9.65M | 15.47M | 20.19M |
| Gross Profit | 12.22K | 654 | 0 | 0 | - | - | 342 | 238 | - | -47.09K | - | -81.83K | - | - | -32.44K | - | - | 18.30K | 102.15K | 99.05K | 569.72K | 102.40K | 152.58K | 339.78K | 82.12K | 123.85K | -96.93K | 174.66K | 1.20M | 1.10M | 1.12M | 267.80K | -483.39K | -391.96K | -23.48K | -850.00K | 375.05K | 637.50K | 1.97M | 3.26M |
| Operating Income | -41.92K | -92.82K | -44.67K | -166.63K | -592.54K | -450.77K | -344.07K | -90.28K | -636.50K | -484.01K | - | -407.31K | - | - | -163.97K | - | - | - | - | - | - | - | - | - | - | - | -5.18M | -5.59M | -5.24M | -4.45M | -6.04M | -5.38M | -12.42M | -8.44M | -13.33M | -12.48M | -12.65M | -17.53M | -27.30M | -38.65M |
| Net Income | - | - | - | -170.83K | -596.82K | 1.43M | 458.86K | -328.23K | -452.08K | -477.92K | -146.45K | -511.15K | -157.88K | -327.05K | -288.47K | -321.50K | -216.12K | -438.62K | -383.24K | -722.28K | -8.98M | -1.56M | -2.74M | -2.56M | -3.81M | -6.24M | -5.67M | -5.84M | -5.84M | -5.49M | -6.78M | -8.16M | -12.42M | -12.43M | -13.33M | -23.12M | -13.28M | -16.02M | -26.55M | -35.26M |
| Diluted EPS | 0.00 | -0.10 | - | 0.00 | -0.02 | 0.02 | 0.01 | -0.01 | 0.00 | 0.00 | - | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.09 | -0.11 | - | -0.16 | - | -0.27 | -0.15 | -0.16 | -0.22 | -0.26 |
| R&D Expense | - | - | - | 149.78K | 205.50K | - | 344.00K | 110.12K | - | - | 107.67K | - | 112.10K | 107.25K | - | 185.69K | 76.72K | 94.98K | 87.31K | 86.61K | 167.97K | 244.25K | 493.44K | 811.29K | 449.96K | 1.27M | 1.22M | 1.35M | 2.22M | 2.13M | 2.67M | 289.02K | 1.63M | 1.88M | 2.23M | 3.43M | 3.60M | 5.97M | 7.97M | 14.22M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.60K | 7.60K | 633 | 8.47K | 42.09K | 59.40K | 203.64K | 933 | 105.13K | - | 403.94K | 5.00M | 6.43M | 1.31M | 17.84M | 40.73M |
| Gross Profit | - | 7.60K | 7.27K | 8.47K | 22.01K | 9.63K | 203.64K | 653 | -246.71K | - | 78.56K | 1.07M | 925.51K | -834.31K | 3.68M | 1.27M |
| Operating Income | -70.38K | -84.74K | -130.20K | -28.08K | -394.99K | -239.04K | -1.45M | -1.09M | -2.08M | -751.33K | -1.66M | - | - | -26.38M | -19.30M | -66.60M |
| Net Income | -70.38K | -84.74K | 851.93K | 158.39K | -7.36M | - | -3.38M | 1.13M | -2.64M | -751.33K | -1.60M | -13.24M | -11.69M | -28.11M | -24.05M | -72.08M |
| Diluted EPS | - | - | - | 0.14 | -2.03 | -0.15 | -0.12 | 0.04 | -0.02 | - | - | - | - | - | -0.40 | -0.73 |
| R&D Expense | - | - | - | - | - | - | 860.53K | 993.93K | - | 366.59K | 488.99K | 516.08K | 2.61M | 5.60M | 6.27M | 17.89M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Apr 2018 | Dec 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 86.46K | 36.92K | 219.64K | 307.05K | 1.57M | 129.04K | 583.39K | 750.15K | - | 262.39K | 603.44K | 2.81M | 11.69M | 85.08M | 60.74M | 48.54M | 55.60M | 273.68M |
| Total Equity | -970.75K | -1.05M | 120.95K | 279.34K | 1.27M | -242.61K | -3.87M | -3.36M | 514.06K | -2.51M | -187.27K | 1.53M | 5.27M | 79.09M | 54.77M | 43.56M | 50.12M | 245.83M |
| Cash & Equivalents | - | 11.96K | 94.64K | 7.04K | - | 3.17K | 225.38K | 559.24K | - | 5.79K | - | - | - | - | - | - | - | - |
| Long Term Debt | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | 973.71K | 401.57K | - | - | - |
| Total Liabilities | 1.06M | 1.08M | 98.69K | 27.70K | 308.58K | 312.75K | 4.43M | 2.61M | - | 2.77M | - | - | - | - | - | - | 5.49M | 27.84M |
| Current Liabilities | 1.06M | 1.08M | 98.69K | 27.70K | 308.58K | 312.75K | 34.45K | 2.41M | - | 2.69M | 790.71K | 829.27K | 4.67M | 5.44M | 4.05M | 3.65M | 4.18M | 14.85M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -40.86K | -59.52K | -314.41K | 105.04K | -216.67K | -112.54K | -1.59M | -1.44M | -943.64K | -753.39K | -811.58K | -1.40M | -16.02M | -29.20M |
| Investing Cash Flow | - | - | 952.28K | 0 | 0 | 0 | -8.32K | 86.38K | -849.81K | - | 46.33K | -48.37K | -46.60M | 29.59M |
| Financing Cash Flow | 51.00K | 30.00K | -555.19K | -192.63K | 210.54K | 118.27K | 1.82M | 1.69M | 1.24M | 686.50K | 498.49K | 1.49M | 66.43M | -1.22M |
| Capital Expenditure | - | - | - | - | -0 | -0 | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | -216.67K | -112.54K | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | 100.0% | 1,149.0% | 100.0% | 52.3% | 16.2% | 100.0% | 70.0% | -234.7% | - | 19.4% | 21.4% | 14.4% | -63.6% | 20.6% | 3.1% |
| Operating Margin % | -926.0% | -1,114.9% | -20,569.2% | -331.6% | -938.4% | -402.4% | -713.2% | -117,064.7% | -1,979.0% | - | -410.7% | - | - | -2,009.8% | -108.2% | -163.5% |
| Net Margin % | -926.0% | -1,114.9% | 134,585.8% | 1,870.7% | -17,485.2% | - | -1,658.2% | 120,989.0% | -2,514.4% | - | -396.6% | -264.7% | -181.8% | -2,141.6% | -134.9% | -177.0% |
| ROE % | 7.2% | 8.1% | 704.4% | 56.7% | -581.8% | - | 87.3% | -33.6% | 105.4% | 401.2% | -104.8% | -251.3% | -14.8% | -51.3% | -55.2% | -29.3% |
| ROCE % | 7.2% | 8.1% | -107.7% | -10.1% | -31.2% | 130.1% | -264.6% | 65.8% | 85.7% | 401.2% | -83.8% | - | - | -46.5% | -43.0% | -25.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | State Street Corporation | 42.34% | 12.09M | $102.66M |
| 2 | Blackrock Inc. | 39.33% | 11.23M | $95.35M |
| 3 | Hood River Capital Management LLC | 37.04% | 10.58M | $89.81M |
| 4 | Vanguard Capital Management LLC | 20.52% | 5.86M | $49.76M |
| 5 | Citadel Advisors Llc | 12.05% | 3.44M | $29.22M |
| 6 | Geode Capital Management, LLC | 10.97% | 3.13M | $26.59M |
| 7 | Van Eck Associates Corporation | 8.94% | 2.55M | $21.68M |
| 8 | Morgan Stanley | 8.35% | 2.39M | $20.25M |
| 9 | Mirae Asset Global ETFs Holdings Ltd. | 5.57% | 1.59M | $13.51M |
| 10 | UBS Group AG | 5.14% | 1.47M | $12.46M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for RCAT
Ondas Drops 6% as Risk-Off Selling Cascades Through Drone Names, Red Cat Slides 3%
Something unusual is happening across drone stocks this Tuesday morning, and the pattern of declines reveals exactly what kind of market day this is and who gets hurt most when risk appetite vanishes from speculative defense names.…
Drone Stocks Drop While Broad Market Rises: Unusual Machines Sinks 9%, Ondas Falls 6%, Red Cat Slides 5%
Drone stocks are selling off hard at midday while the broader market climbs, and no earnings miss, contract loss, or macro scare explains the divergence. Something specific is happening inside the drone complex that has nothing to do with t…
Drone Stocks Slide as Risk Appetite Fades: Unusual Machines Tumbles 9%, Red Cat Falls 7%, Ondas Declines 5%
Drone stocks are cratering Monday at five times the rate of the broader tech market, and not one of these companies reported a single piece of bad news. The reason behind the selloff reveals something important about how these names behave …
Red Cat (RCAT) Stock Could Be Above Fair Value As Tariff News Lifts Sentiment
Red Cat Holdings stock has delivered a very large 3 year gain, but at a recent price of US$9.62 it now screens as expensive on Simply Wall St's valuation checks. Recent corporate developments and policy news have kept the story in focus, wh…
Is Red Cat Holdings (RCAT) Quietly Recasting Its Identity From Drone Maker To Full Autonomy Platform?
Red Cat Holdings’ Blue Ops division recently partnered with Havoc to integrate collaborative autonomy and command-and-control software across key uncrewed surface vessels for U.S. and allied defense customers, while also expanding joint dem…
Red Cat CEO Jeffrey Thompson Sells 150,000 Shares for $1.6 Million as the Stock Soars 24%
The provider of advanced drone solutions for defense and national security reported a notable insider stock sale amid strong market gains.
RCAT — Frequently Asked Questions
What is the current share price of Red Cat Holdings, Inc. (RCAT)?
As of 2026-09-07 16:24 PDT, Red Cat Holdings, Inc. (RCAT) trades at $8.37 on NasdaqCM. Its 52-week range is $6.14 to $17.36.
What is the market capitalisation of RCAT?
Red Cat Holdings, Inc. (RCAT) has a market capitalisation of $1.27B on NasdaqCM.
What is the P/E ratio of RCAT?
RCAT trades at a trailing price-to-earnings (P/E) ratio of -12.31. The industry average P/E is 27.38. Its price-to-book (P/B) ratio is 4.70.
What is the return on equity (ROE) of RCAT?
RCAT has a return on equity (ROE) of -56.42%. Its return on capital employed (ROCE) is -25.73%.
Is RCAT a good stock to buy?
This page provides a data-driven analysis of Red Cat Holdings, Inc. (RCAT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.