Stocks Technology RCAT
NASDAQ · TechnologyRed Cat Holdings, Inc. (RCAT)
Red Cat Holdings, Inc. brought in $71.5M of revenue over the twelve months to June 30, 2026. It posted a net loss of $97.5M. In fiscal 2025 capital spending exceeded operating cash flow by $95.8M. At June 30, 2026 it held $325.6M in cash against $892K of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
Key facts about Red Cat Holdings, Inc.
- Net worth
- Red Cat Holdings, Inc. has a market value (market cap) of $642.9M at the latest share price, and shareholders' equity of $471.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $40.7M (+128.3% year on year), with a net loss of $72.1M. Over the 12 months to June 30, 2026: revenue $71.5M, net loss $97.5M.
- Cash flow
- In fiscal 2025 operations used $89.1M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 6, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
What Red Cat Holdings, Inc. does
Red Cat Holdings, Inc. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NASDAQ under the ticker RCAT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $40.7M | -$72.1M | -$0.73 | -$95.8M |
| 2024 | $17.8M | -$24.1M | -$0.40 | -$18M |
| 2023 | $4.6M | -$28.1M | -$0.52 | -$31.6M |
| 2022 | $6.4M | -$11.7M | n/a | -$16.4M |
| 2021 | $5M | -$13.2M | -$0.56 | n/a |
| 2020 | $403.9K | -$1.6M | -$0.12 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where RCAT ranks in Technology
Latest SEC filings
What Red Cat Holdings, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 23, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 7, 2026Passive stake (5% or more) SCHEDULE 13G
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 527% to $20.2M versus the same quarter last year; diluted EPS -$0.26 versus -$0.15.
- August 6, 2026
- July 22, 2026
- June 25, 2026
- May 27, 2026
- May 20, 2026
- May 18, 2026Other event 8-K
Insider trades
What the people running Red Cat Holdings, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $4M worth of shares in the last 90 days and bought none on the open market. Most of the selling (86%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 15, 2026 | Thompson Jeffrey MChairman of the Board, CEO, Director | Soldpre-planned (10b5-1) | 150,000 | $676.5K |
| October 2, 2026 | Funk Paul IIDirector | Exercised options | 868 | - |
| September 15, 2026 | Thompson Jeffrey MChairman of the Board, CEO, Director, 10% owner | Other change | 750,000 | - |
| September 15, 2026 | Thompson Jeffrey MChairman of the Board, CEO, Director, 10% owner | Soldpre-planned (10b5-1) | 150,000 | $1.2M |
| August 28, 2026 | Liuzza Nicholas Reyland JRDirector | Sold | 65,000 | $552.5K |
| August 17, 2026 | Thompson Jeffrey MChairman of the Board, CEO, Director, 10% owner | Soldpre-planned (10b5-1) | 150,000 | $1.6M |
| August 11, 2026 | Liuzza Nicholas Reyland JRDirector | Sold | 55,000 | $584.7K |
| August 11, 2026 | Moe Christopher R.Director | Sold | 20,000 | $210.2K |
Who owns RCAT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Hood River Capital Management LLC13G, passive | 7.16% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 282 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| State Street Corp | 12,091,447 | +4,928,540 |
| BlackRock, Inc. | 11,230,987 | -445,997 |
| Hood River Capital Management LLC | 10,578,223 | +7,545,218 |
| Vanguard Capital Management LLC | 5,861,166 | +1,328,558 |
| Citadel Advisors LLC | 3,441,774 | +3,275,575 |
| Geode Capital Management, LLC | 3,132,448 | +535,717 |
| Van Eck Associates Corp | 2,553,337 | new |
| Morgan Stanley | 2,385,654 | +582,111 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,591,139 | +83,816 |
| UBS Group AG | 1,468,101 | -36,568 |
| Charles Schwab Investment Management Inc | 1,051,540 | +189,196 |
| Vanguard Portfolio Management LLC | 1,043,630 | +173,974 |
| Northern Trust Corp | 977,622 | +148,658 |
| Vanguard Fiduciary Trust Co | 925,972 | +194,514 |
| Cantor Fitzgerald, L. P. | 896,710 | +256,168 |
| AWM Investment Company, Inc. | 874,460 | +500,000 |
| Bank of America Corp | 864,910 | +661,544 |
| First Trust Advisors LP | 813,669 | new |
| Vident Advisory, LLC | 809,046 | +428,286 |
| Ameriprise Financial Inc | 726,189 | +687,676 |
Insiders
8 insiders reported holding 12,771,599 shares in total, about $53.8M at the last price.
| Holder | Shares |
|---|---|
| Thompson Jeffrey MChairman of the Board, CEO, Director, 10% owner | 11,566,9524,750 held indirectly |
| Liuzza Nicholas Reyland JRDirector | 424,874 |
| Freedman Joseph DavidDirector | 342,689 |
| Hitchcock Geoffrey WayneChief Revenue Officer | 206,517 |
| Moe Christopher R.Director | 200,502 |
| Ericson ChristianChief Operating Officer | 28,920 |
| Funk Paul IIDirector | 868 |
| Morrison Christian SpenstChief Financial Officer | 277 |
Questions about RCAT
What does Red Cat Holdings, Inc. do?
Red Cat Holdings, Inc. is a company in the Technology sector, listed on NASDAQ as RCAT. Its shares trade on NASDAQ under the ticker RCAT.
What is Red Cat Holdings, Inc.'s net worth?
Red Cat Holdings, Inc. has a market value (market cap) of $642.9M at the latest share price, and shareholders' equity of $471.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Red Cat Holdings, Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $97.5M on revenue of $71.5M.
How much revenue does Red Cat Holdings, Inc. make?
Over the twelve months to June 30, 2026 Red Cat Holdings, Inc. reported revenue of $71.5M.
When did Red Cat Holdings, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 30, 2026.
Similar companies
Compare RCAT with
Follow RCAT
Get an email when Red Cat Holdings, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Red Cat Holdings, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.