Stocktoria
Red Cat Holdings, Inc. RCAT
Nasdaq · stock · Services-Prepackaged Software · website · IPO 1994-10-28
Red Cat Holdings, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.7M | $17.8M | $4.6M | $6.4M | $5.0M | $403,940 | — | $105,129 | $933 | $203,640 |
| Gross profit | $1.3M | $3.7M | -$834,311 | $925,515 | $1.1M | $78,561 | — | -$246,714 | $653 | $203,640 |
| R&D expense | $17.9M | $6.3M | $5.6M | $2.6M | $516,084 | $488,990 | $366,590 | — | $993,934 | $860,533 |
| Operating income | -$66.6M | -$19.3M | -$26.4M | — | — | -$1.7M | -$751,332 | -$2.1M | -$1.1M | -$1.5M |
| Interest expense | — | $68,609 | $122,004 | $147,724 | $1.2M | $29,186 | — | — | — | — |
| Income tax | $443,000 | $0 | — | — | — | — | — | — | — | — |
| Net income | -$72.1M | -$24.1M | -$28.1M | -$11.7M | -$13.2M | -$1.6M | -$751,332 | -$2.6M | $1.1M | -$3.4M |
| EPS (diluted) | $-0.73 | $-0.40 | — | — | — | — | — | $-0.02 | $0.04 | $-0.12 |
| Operating cash flow | -$89.1M | -$17.7M | -$29.2M | -$16.0M | -$1.4M | -$811,584 | -$753,388 | -$943,640 | -$1.4M | -$1.6M |
| Cash & equivalents | — | — | — | — | $277,347 | $236,668 | — | $5,787 | $559,237 | $225,379 |
| Inventory | $23.5M | $8.0M | $8.9M | $3.9M | $362,072 | $78,650 | — | — | — | — |
| Total assets | $273.7M | $48.5M | $60.7M | $85.1M | $11.7M | $2.8M | $603,438 | $262,387 | $750,153 | $583,390 |
| Total liabilities | $27.8M | $5.0M | — | — | — | — | $790,710 | $2.8M | $2.6M | $4.4M |
| Shareholders' equity | $245.8M | $43.6M | $54.8M | $79.1M | $5.3M | $1.5M | -$187,272 | -$2.5M | -$3.4M | -$3.9M |
Growth · year-over-year · Revenue CAGR 93.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +128.3% | +286.0% | -28.1% | +28.6% | +1137.7% | — | — | +11167.8% | -99.5% | +242.8% |
| Net income growth | — | — | — | — | — | — | — | -334.2% | — | — |
| EPS growth | — | — | — | — | — | — | — | -150.0% | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.