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Red Cat Holdings, Inc. (RCAT)
NASDAQ: RCAT · Real-Time Price · USD
10.35
-0.65 (-5.91%)
May 5, 2026, 2:40 PM EDT - Market open

Red Cat Holdings Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Apr '24 Apr '23 Apr '22 Apr '21
Revenue
40.7317.844.626.435
Revenue Growth (YoY)
128.35%285.99%-28.13%28.59%1137.69%
Cost of Revenue
39.4614.165.465.53.93
Gross Profit
1.273.68-0.830.931.07
Selling, General & Admin
49.9816.316.129.974.84
Research & Development
17.896.275.62.610.52
Other Operating Expenses
-0.412.831.350.59
Total Operating Expenses
67.8722.9824.5413.935.95
Operating Income
-66.6-19.3-25.37-13-4.88
Interest Expense
-2.710.070.120.151.22
Other Non-Operating Income (Expense)
-14.66-21.5-0.08-1.04-2.14
Total Non-Operating Income (Expense)
-17.37-21.430.04-0.89-0.91
Pretax Income
-71.63-21.53-25.33-13.9-5.79
Provision for Income Taxes
0.44----
Net Income
-72.08-24.05-28.11-11.69-13.24
Earnings From Discontinued Operations
--2.53-1.73--
Net Income to Common
-72.08-24.05-28.11-11.69-13.24
Shares Outstanding (Basic)
9960544824
Shares Outstanding (Diluted)
9960544824
Shares Change (YoY)
64.60%11.62%11.70%103.84%72.26%
EPS (Basic)
-0.73-0.40-0.52-0.24-0.56
EPS (Diluted)
-0.73-0.40-0.52-0.24-0.56
Shares Outstanding
120.0774.2954.5753.7529.43
Free Cash Flow
-95.78-17.98-26.76-16.38-1.4
Free Cash Flow Per Share
-0.97-0.30-0.50-0.34-0.06
Gross Margin
3.13%20.64%-18.06%14.40%21.40%
Operating Margin
-163.51%-108.20%-549.07%-202.25%-97.54%
Profit Margin
-176.96%-120.69%-570.82%-216.16%-115.82%
FCF Margin
-235.17%-100.80%-579.20%-254.83%-27.98%
EBITDA
-64.33-17.88-24.41-12.74-4.84
EBITDA Margin
-157.95%-100.22%-528.17%-198.13%-96.80%
EBIT
-66.6-19.3-25.37-13-4.88
EBIT Margin
-163.51%-108.20%-549.07%-202.25%-97.54%
Effective Tax Rate
-0.62%0.00%0.00%0.00%0.00%
Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q