Red Cat Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	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	131.92	167.87	9.15	6.07	3.17	4.08
Short-Term Investments	-	-	-	-	12.81	44.79
Cash & Short-Term Investments	131.92	167.87	9.15	6.07	15.99	48.88
Cash Growth	1608.26%	1733.79%	50.88%	-62.05%	-67.29%	17522.40%
Accounts Receivable	10.57	26.16	0.49	4.36	0.72	0.5
Other Receivables	-	-	-	-	-	0.03
Total Trade Receivables	10.57	26.16	0.49	4.36	0.72	0.53
Inventory	50.53	23.45	12.95	8.01	8.92	3.9
Other Current Assets	16.64	9.47	3.2	3.96	6.55	2.35
Total Current Assets	209.66	226.94	25.8	22.4	32.18	55.65
Net Property, Plant & Equipment	26.98	20.92	3.37	3.82	4.25	1.53
Other Intangible Assets	12.49	6.92	8.45	3.79	6.89	2.7
Goodwill	31.52	17.67	17.67	9.09	17.01	25.14
Long-Term Investments	-	-	-	5.14	-	-
Other Long-Term Assets	1.23	1.23	0.31	4.29	0.41	0.06
Total Assets	281.89	273.68	55.6	48.54	60.74	85.08
Accounts Payable	9.24	3.62	2.05	1.58	1.39	1.02
Accrued Expenses	6.39	5.09	1.24	1.07	0.41	1.08
Short-Term Debt	0.35	4.87	0.35	0.75	0.92	0.96
Current Portion of Leases	1.13	1.01	0.31	0.2	0.16	0.29
Unearned Revenue	0.28	0.26	0.23	0.05	0.16	0.44
Other Current Liabilities	13	-	-	-	1.01	1.65
Total Current Liabilities	19.08	14.85	4.18	3.65	4.05	5.44
Long-Term Debt	-	-	-	-	0.4	0.97
Long-Term Leases	12.31	12.56	1.31	1.32	1.48	0.75
Other Long-Term Liabilities	0.44	0.44	-	-	0.04	-
Total Long-Term Liabilities	24.07	13	1.31	1.32	1.93	1.72
Total Liabilities	43.15	27.85	5.49	4.97	5.98	7.16
Preferred Stock	-	-	-	0	0.01	0.01
Common Stock	0.12	0.12	0.09	0.07	0.05	0.05
Additional Paid-in Capital	461.99	442.53	174.78	124.62	112.64	106.82
Accumulated Other Comprehensive Income	-	-	-	0	-0.86	-1.47
Retained Earnings	-223.37	-196.82	-124.75	-81.13	-57.08	-27.5
Shareholders' Equity	238.74	245.83	50.12	43.56	54.77	77.92
Total Liabilities & Equity	281.89	273.68	55.6	48.54	60.74	85.08
Total Debt	13.79	18.44	1.97	2.27	2.97	2.97
Net Cash (Debt)	118.13	149.43	7.19	3.8	13.02	45.9
Net Cash Growth	-20.95%	1979.46%	89.20%	-70.84%	-71.63%	-
Net Cash Per Share	1.10	1.51	0.08	0.06	0.24	0.95
Book Value	238.74	245.83	50.12	43.56	54.77	77.92
Book Value Per Share	2.21	2.48	0.59	0.72	1.02	1.62
Tangible Book Value	194.73	221.24	24	30.68	30.86	50.08
Tangible Book Value Per Share	1.81	2.24	0.28	0.51	0.57	1.04

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q