Red Cat (RCAT)
Nasdaq Market Closed
Red Cat Holdings, Inc. is a US drone technology company focused on small unmanned aircraft systems and related software for defense, government, and commercial users. The company operates in a market shaped by rising demand for tactical intelligence, surveillance and reconnaissance, battlefield autonomy, and secure drone control systems. Its products are designed to support operators that need portable, rapidly deployable aircraft for missions where speed, situational awareness, and reliability are critical.
The company’s portfolio includes the Teal-built Black Widow, a small ISR drone intended for military and public-sector use, and the broader Arachnid family of systems, which extends into precision-strike and mission-specific variants. Red Cat also offers the WEB, or Warfighter Electronic Bridge, ground control system, which is built to manage multiple drone types across a common command-and-control environment. Other platforms include the Edge 130 Blue, the Trichon fixed-wing VTOL aircraft for longer-range operations, and FANG first-person-view drones configured for defense applications.
Red Cat’s business is organised around specialist divisions and brands including Teal, FlightWave, and Blue Ops. These units give the company exposure to different parts of the unmanned-systems market, from compact quadcopters to fixed-wing vertical-takeoff platforms. As a listed company under the ticker RCAT, Red Cat is best understood as a defense-oriented drone supplier seeking to combine aircraft hardware, onboard capabilities, and operator software into integrated systems for modern tactical environments.
Last updated
- Market Cap
- 2.1B
- P/E
- —
- P/FCF
- —
- P/S
- 38.46
- Enterprise Value
- 1.97B
- Sector
- Industrials
- Industry
- Prepackaged Software
- Address
- 2800 S WEST TEMPLE, SOUTH SALT LAKE, UT, 84115
3 Drone Stocks to Watch as the Sector Surges on Trump-Era Funding Hopes
Blue Ops Ramps into Full-Rate Production of U.S.-Built Variant 7, Advancing Red Cat’s Autonomy Stack Across Air, Land and Sea
Red Cat Announces Pricing of Public Offering of Common Stock
Red Cat Announces First Quarter 2026 Earnings Release and Live Video Webinar Date
Red Cat Announces Strategic Partnership with Ukraine’s Spetstechnoexport to Advance Multi-Domain Uncrewed Systems Collaboration
Red Cat to Ring the Nasdaq Opening Bell of Friday, February 20 Ahead of the Company’s Innovation Day Event
Red Cat Draws Heavy Volume as Investors Price a New Defense Cycle
Red Cat Supports Administration’s Accelerated Enforcement of NDAA Section 1709, Highlights Need for U.S. Drone Ecosystem Investment
Red Cat to Participate in the Needham Growth Conference
Red Cat Successfully Completes Flight Testing of Palantir’s VNav Software on Black Widow™ Drone
Red Cat Holdings Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Red Cat Holdings Announces Pricing of $150,000,000 Public Offering of Common Stock
Red Cat’s Teal Drones Black Widow™ System Approved for NATO NSPA Catalogue
Lantronix Wins Leading Industry Product of the Year Award for Innovative Solutions in Drone Development
Lantronix to Participate in The Gateway Conference in September
Lantronix Solution Powers U.S. Army-Approved Teal Drones, a Red Cat Holdings Co., Unlocking Secure Edge AI Growth Opportunity
Red Cat Holdings, Inc. Investors: Company Investigated by the Portnoy Law Firm
RED CAT (RCAT) ALERT: Bragar Eagel & Squire, P.C. is Investigating Red Cat Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Red Cat’s Teal Drones Achieves Globally Recognized AS9100 Certification for Aerospace and Defense Manufacturing
Red Cat Holdings: This Drone Stock Is on Sale Despite Big Army Contract
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 2.1B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 1.97B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 8.79
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 38.46
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -24.92
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 36.05
- EPS
- -0.5
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -118.33M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -31.63%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -26.79%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 10.99
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 7.7
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 6.91
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 15.04M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 13.79
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2024 Q3 |
|---|---|---|---|---|---|
| Revenue | 15.47M | 26.23M | 9.65M | 3.22M | 1.29M |
| Gross profit | 1.97M | 1.11M | 637.5K | 375.05K | -391.96K |
| Operating income | -27.3M | -23.94M | -17.53M | -12.65M | -8.44M |
| EBITDA | -26.49M | -23.33M | -16.99M | -12.12M | -8M |
| Net income | -26.55M | -19.66M | -16.02M | -13.28M | -12.43M |
| Basic EPS | -0.22 | -0.16 | -0.16 | -0.15 | -0.16 |
| Diluted EPS | -0.22 | -0.16 | -0.16 | -0.15 | -0.16 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2024 Q3 |
|---|---|---|---|---|---|
| Total assets | 281.89M | 273.68M | 286.02M | 121.37M | — |
| Total liabilities | 43.15M | 27.85M | 32.75M | 25.8M | — |
| Total equity | 238.74M | 245.83M | 253.27M | 95.57M | — |
| Cash & equivalents | 131.92M | 167.87M | 206.43M | 65.93M | — |
| Current assets | 209.66M | 226.94M | 248.8M | 91.57M | — |
| Current liabilities | 19.08M | 14.85M | 23.89M | 24.13M | — |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2024 Q3 |
|---|---|---|---|---|---|
| Operating cash flow | -31.95M | -36.48M | -23.85M | -12.9M | -8.12M |
| Investing cash flow | -6.78M | -5.4M | -669.59K | -306.52K | 4.34M |
| Financing cash flow | 2.78M | 3.31M | 165.02M | 71.41M | -290.18K |
| Change in cash | -35.95M | -38.56M | 140.5M | 58.21M | -4.08M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | SD — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 424B5 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | S-3ASR — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 424B5 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 10-Q — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| form 4 | Form 4 — Moe Christopher R. | View Filing | |
| form 4 | Form 4 — Moe Christopher R. | View Filing | |
| form 4 | Form 4 — Freedman Joseph David | View Filing | |
| form 4 | Form 4 — Freedman Joseph David | View Filing | |
| form 4 | Form 4 — Liuzza Nicholas Reyland JR | View Filing | |
| form 4 | Form 4 — Liuzza Nicholas Reyland JR | View Filing | |
| form 4 | Form 4 — Funk Paul II | View Filing | |
| form 4 | Form 4 — Funk Paul II | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| form 4 | Form 4 — Thompson Jeffrey M | View Filing | |
| form 4 | Form 4 — Thompson Jeffrey M | View Filing | |
| form 4 | Form 4 — Thompson Jeffrey M | View Filing | |
| form 4 | Form 4 — Thompson Jeffrey M | View Filing | |
| form 4 | Form 4 — Thompson Jeffrey M | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Morrison Christian Spenst | View Filing | |
| form 4 | Form 4 — Morrison Christian Spenst | View Filing | |
| form 4 | Form 4 — Morrison Christian Spenst | View Filing | |
| form 4 | Form 4 — Morrison Christian Spenst | View Filing | |
| form 4 | Form 4 — Hitchcock Geoffrey Wayne | View Filing | |
| form 4 | Form 4 — Hitchcock Geoffrey Wayne | View Filing | |
| form 4 | Form 4 — Hitchcock Geoffrey Wayne | View Filing | |
| form 4 | Form 4 — Hitchcock Geoffrey Wayne | View Filing | |
| edgar index | SCHEDULE 13G/A — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 10-K — Red Cat Holdings, Inc. | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| form 4 | Form 4 — Ericson Christian | View Filing | |
| edgar index | SCHEDULE 13G — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 5 — Red Cat Holdings, Inc. | View Filing | |
| edgar index | SCHEDULE 13G — Red Cat Holdings, Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Red Cat Holdings, Inc. | View Filing | |
| edgar index | 8-K — Red Cat Holdings, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Red Cat Holdings, Inc. | View Filing |