Red Cat Holdings Past Earnings Performance
Past criteria checks 0/6
Red Cat Holdings's earnings have been declining at an average annual rate of -43%, while the Aerospace & Defense industry saw earnings growing at 20.3% annually. Revenues have been growing at an average rate of 39.1% per year.
Key information
-43.05%
Earnings growth rate
-20.46%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.38% |
| Revenue growth rate | 39.09% |
| Return on equity | -31.63% |
| Net Margin | -138.36% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Red Cat Priming For Drone Leadership
Summary Red Cat Holdings is positioned to benefit from surging US and allied drone defense spending, with a Buy rating and $20.66/share price target. RCAT's integrated drone ecosystem, bolstered by recent acquisitions, targets both reconnaissance and attack missions, aligning with Pentagon priorities and NATO deployments. The company is accelerating production, aiming for $221 million worth of USV to cater to potential demand. Risks include overbuilding without firm contracts and high competition, but RCAT's upside is substantial if major defense contracts materialize. Read the full article on Seeking Alpha
Autonomous Defense Systems And Maritime Expansion Will Support A Stable Long Term Outlook
Catalysts About Red Cat Holdings Red Cat Holdings provides drone and unmanned surface vessel solutions primarily to defense and national security customers. What are the underlying business or industry changes driving this perspective?With A 39% Price Drop For Red Cat Holdings, Inc. (NASDAQ:RCAT) You'll Still Get What You Pay For
The Red Cat Holdings, Inc. ( NASDAQ:RCAT ) share price has fared very poorly over the last month, falling by a...Why We're Not Concerned Yet About Red Cat Holdings, Inc.'s (NASDAQ:RCAT) 34% Share Price Plunge
Red Cat Holdings, Inc. ( NASDAQ:RCAT ) shares have retraced a considerable 34% in the last month, reversing a fair...Red Cat Holdings, Inc.'s (NASDAQ:RCAT) P/S Is Still On The Mark Following 75% Share Price Bounce
Red Cat Holdings, Inc. ( NASDAQ:RCAT ) shares have continued their recent momentum with a 75% gain in the last month...Red Cat Holdings, Inc.'s (NASDAQ:RCAT) Price In Tune With Revenues
Red Cat Holdings, Inc.'s ( NASDAQ:RCAT ) price-to-sales (or "P/S") ratio of 4.8x may look like a poor investment...Revenue & Expenses Breakdown
How Red Cat Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 55 | -76 | 63 | 22 |
| 31 Dec 25 | 41 | -72 | 50 | 18 |
| 30 Sep 25 | 7 | -92 | 41 | 18 |
| 30 Jun 25 | -1 | -88 | 35 | 14 |
| 31 Mar 25 | 2 | -83 | 30 | 11 |
| 31 Dec 24 | 7 | -65 | 27 | 10 |
| 31 Oct 24 | 16 | -36 | 20 | 6 |
| 31 Jul 24 | 19 | -28 | 17 | 6 |
| 30 Apr 24 | 18 | -22 | 16 | 6 |
| 31 Jan 24 | 13 | -27 | 16 | 8 |
| 31 Oct 23 | 8 | -28 | 16 | 7 |
| 31 Jul 23 | 5 | -28 | 17 | 6 |
| 30 Apr 23 | 5 | -26 | 17 | 5 |
| 31 Jan 23 | 5 | -20 | 16 | 5 |
| 31 Oct 22 | 5 | -17 | 15 | 4 |
| 31 Jul 22 | 6 | -14 | 12 | 3 |
| 30 Apr 22 | 6 | -12 | 11 | 3 |
| 31 Jan 22 | 7 | -10 | 8 | 3 |
| 31 Oct 21 | 7 | -16 | 7 | 2 |
| 31 Jul 21 | 6 | -14 | 5 | 2 |
| 30 Apr 21 | 5 | -13 | 4 | 2 |
| 31 Jan 21 | 3 | -11 | 3 | 1 |
| 31 Oct 20 | 1 | -2 | 2 | 0 |
| 31 Jul 20 | 1 | -2 | 1 | 0 |
| 30 Apr 20 | 0 | -2 | 1 | 1 |
| 31 Jan 20 | 0 | -1 | 1 | 0 |
| 31 Oct 19 | 0 | -1 | 1 | 0 |
| 31 Jul 19 | 0 | -1 | 1 | 0 |
| 30 Apr 19 | 0 | -1 | 0 | 0 |
Quality Earnings: RCAT is currently unprofitable.
Growing Profit Margin: RCAT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCAT is unprofitable, and losses have increased over the past 5 years at a rate of 43% per year.
Accelerating Growth: Unable to compare RCAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RCAT is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (23.9%).
Return on Equity
High ROE: RCAT has a negative Return on Equity (-31.63%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 21:50 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Red Cat Holdings, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | H.C. Wainwright & Co. |
| Jon Hickman | Ladenburg Thalmann & Company |
| Glenn Mattson | Ladenburg Thalmann & Company |