Red Cat Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Cash & Equivalents	167.87	9.15	6.07	3.17	4.08
Short-Term Investments	-	-	-	12.81	44.79
Cash & Short-Term Investments	167.87	9.15	6.07	15.99	48.88
Cash Growth	1733.79%	50.88%	-62.05%	-67.29%	17522.40%
Accounts Receivable	26.16	0.49	4.36	0.72	0.5
Other Receivables	-	-	-	-	0.03
Total Trade Receivables	26.16	0.49	4.36	0.72	0.53
Inventory	23.45	12.95	8.01	8.92	3.9
Other Current Assets	9.47	3.2	3.96	6.55	2.35
Total Current Assets	226.94	25.8	22.4	32.18	55.65
Net Property, Plant & Equipment	20.92	3.37	3.82	4.25	1.53
Other Intangible Assets	6.92	8.45	3.79	6.89	2.7
Goodwill	17.67	17.67	9.09	17.01	25.14
Long-Term Investments	-	-	5.14	-	-
Other Long-Term Assets	1.23	0.31	4.29	0.41	0.06
Total Assets	273.68	55.6	48.54	60.74	85.08
Accounts Payable	3.62	2.05	1.58	1.39	1.02
Accrued Expenses	5.09	1.24	1.07	0.41	1.08
Short-Term Debt	4.87	0.35	0.75	0.92	0.96
Current Portion of Leases	1.01	0.31	0.2	0.16	0.29
Unearned Revenue	0.26	0.23	0.05	0.16	0.44
Other Current Liabilities	-	-	-	1.01	1.65
Total Current Liabilities	14.85	4.18	3.65	4.05	5.44
Long-Term Debt	-	-	-	0.4	0.97
Long-Term Leases	12.56	1.31	1.32	1.48	0.75
Other Long-Term Liabilities	0.44	-	-	0.04	-
Total Long-Term Liabilities	13	1.31	1.32	1.93	1.72
Total Liabilities	27.85	5.49	4.97	5.98	7.16
Preferred Stock	-	-	0	0.01	0.01
Common Stock	0.12	0.09	0.07	0.05	0.05
Additional Paid-in Capital	442.53	174.78	124.62	112.64	106.82
Accumulated Other Comprehensive Income	-	-	0	-0.86	-1.47
Retained Earnings	-196.82	-124.75	-81.13	-57.08	-27.5
Shareholders' Equity	245.83	50.12	43.56	54.77	77.92
Total Liabilities & Equity	273.68	55.6	48.54	60.74	85.08
Total Debt	18.44	1.97	2.27	2.97	2.97
Net Cash (Debt)	149.43	7.19	3.8	13.02	45.9
Net Cash Growth	1979.46%	89.20%	-70.84%	-71.63%	-
Net Cash Per Share	1.51	-	0.06	0.24	0.95
Book Value	245.83	50.12	43.56	54.77	77.92
Book Value Per Share	2.48	-	0.72	1.02	1.62
Tangible Book Value	221.24	24	30.68	30.86	50.08
Tangible Book Value Per Share	2.24	-	0.51	0.57	1.04

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q