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RCAT

Red Cat Holdings·NASDAQ
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RCAT fundamentals

Red Cat Holdings (RCAT) released its earnings on Nov 13, 2025: revenue was 9.65M (YoY +65.01%), beat estimates; EPS was -0.16 (YoY -100.00%), missed estimates.
Revenue / YoY
9.65M
+65.01%
EPS / YoY
-0.16
-100.00%
Report date
Nov 13, 2025
RCAT Earnings Call Summary for Q3,2025
  • Revenue Surge: Q3 2025 revenue of $9.6 million, up 200% QoQ, with full-year guidance revised to $34.5M–$37.5M due to government delays.
  • Contract Expansion: LRIP contract expanded to $35.1 million, signaling Army confidence in Red Cat's drone production.
  • Blue Ops Potential: New maritime division targeting $150M+ annual revenue with 200+ USV units sold, first deliveries in Q2 2026.
  • Margin Improvement: Gross margin expected to reach 10% in Q4, 20% by end-2026, driven by scale and cost controls.
  • Strategic Growth: Partnerships with Palantir and AeroVironment, NATO approval, and factory expansions to support 1,000 drones/month by Q1 2026.
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Revenue

Revenue & Expenses

RCAT has released its 2025 Q3 earnings report, with revenue of 9.65M, reflecting a YoY change of 64.95%, and net profit of -16.02M, showing a YoY change of -191.82%. The Sankey diagram below clearly presents RCAT's revenue sources and cost distribution.

Key Indicators

Red Cat Holdings (RCAT) key financial stats and ratios, covering profitability, financial health, and leverage.
Red Cat Holdings (RCAT)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Red Cat Holdings (RCAT)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Red Cat Holdings (RCAT)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Red Cat Holdings (RCAT) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Red Cat Holdings (RCAT) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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