Red Cat Holdings, Inc.
Red Cat Holdings, Inc. (Nasdaq: RCAT) develops and manufactures unmanned systems and related software for defense, national security, public safety, and commercial customers. Its products include small tactical unmanned aircraft systems (sUAS) and uncrewed surface vessels (USVs) for missions such as intelligence,… From the company’s description.
In fiscal 2025, Red Cat Holdings, Inc. reported revenue of $40.73M, up 128.3% from fiscal 2023, and a net loss of $72.08M. Its operating margin was −163.5%, and operations used $89.13M in cash. Over the twelve months to Jun 30, 2026, revenue was $71.54M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Red Cat Holdings, Inc. does
In the company’s own words
Red Cat Holdings, Inc. (Nasdaq: RCAT) develops and manufactures unmanned systems and related software for defense, national security, public safety, and commercial customers. Its products include small tactical unmanned aircraft systems (sUAS) and uncrewed surface vessels (USVs) for missions such as intelligence, surveillance, reconnaissance, and tactical operations. The company operates as one segment and organizes its products and development activities through divisions including Teal, which makes the Black Widow, Teal 2, and FANG drones; FlightWave, which makes the Edge 130 long-endurance vertical takeoff and landing aircraft; and Blue Ops, which develops USVs. Teal’s customers include military and public safety organizations, while the company also serves U.S. and foreign government and military customers. Red Cat’s current business follows a 2019 share exchange with Propware, after which the company adopted its present name and expanded through acquisitions. It had 244 full-time employees as of December 31, 2025. Its website is www.redcat.red.
Company details
- Sector
- Industrials
- Industry (SIC)
- Prepackaged Software
- Headquarters
- SOUTH SALT LAKE, UT
- Fiscal year end
- December
- CIK
- 748268
- SIC
- 7372
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Red Cat Holdings, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Red Cat Holdings, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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