NASDAQ:RCAT
Red Cat Holdings, Inc.
Red Cat Holdings, Inc.'s revenue grew 38641.9% in fiscal 2025 to $40.7M while operating margin rose to −163.5%, its highest in 10 years. Free cash flow was −$95.8M, −235.2% of revenue, and the diluted share count fell 49.7%.Summary generated from Red Cat Holdings, Inc.'s SEC filings. Latest annual report filed Mar 19, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$40.7M
Revenue growth+38641.9%
Revenue, 5-yr CAGR+295.5%
Gross margin3.1%
Operating margin−163.5%
Net margin−177.0%
ROICn/a
Return on equity−59.2%
Debt / equity0.00
Free cash flow−$95.8M
FCF margin−235.2%
Share count change−49.7%
Financials
| Item | 2015 | 2016 | 2017 | 2018 | 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 41 |
| Operating income | −0 | −1 | −1 | −2 | −67 |
| Net income | −4 | −3 | 1 | −3 | −72 |
| Free cash flow | −0 | −2 | n/a | −2 | −96 |
Recent filings
- 4Insider transaction report
Oct 6, 2026 - 4Insider transaction report
Sep 17, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KDirector or officer change
Jul 22, 2026 - 8-KResults of a shareholder vote
Jun 25, 2026 - 8-KCompletion of an acquisition or disposition
May 20, 2026 - 8-KOther events
May 18, 2026