Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026)
Red Cat Holdings posted quarterly Cost of Revenue of $13.5 million for Q1 2026, up 444.6% year-on-year from $2.5 million in Q1 2025, and up 1201.2% on a QoQ basis from -$1.2 million in Q4 2025.
Red Cat Holdings (RCAT) has 15 years of Cost of Revenue data on file, last reported at $13.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 444.6% year-over-year to $13.5 million; the trailing twelve-month figure through Mar 2026 stood at $24.1 million (up 102.04% YoY), and the FY2025 full-year result was $13.1 million, up 107.31% from the prior year.
- Cost of Revenue for Q1 2026 stood at $13.5 million, up from -$1.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $13.5 million in Q1 2026 and bottomed at -$1.2 million in Q4 2025.
- The 5-year median for Cost of Revenue is $2.5 million (2025), against an average of $3.2 million.
- The widest annual swing landed in 2025, when Cost of Revenue tumbled 126.4%; it then jumped 444.6% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $623761.0 in 2022, then soared by 337.71% to $2.7 million in 2023, then surged by 70.17% to $4.6 million in 2024, then tumbled by 126.4% to -$1.2 million in 2025, then jumped by 1201.2% to $13.5 million in 2026.
- The last three Cost of Revenue figures came in at $13.5 million (Q1 2026), -$1.2 million (Q4 2025), and $9.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 3.28 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 13.00 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 19.67 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 15.94 Bn |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 1.46 Bn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 4.40 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 123.86 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 6.43 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 1.03 Bn |
| 10 | Red Cat Holdings | 1.14 Bn | 1.14 Bn | 1.97 Mn | 13.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.51 Mn |
| Mar 31, 2026 | 13.51 Mn |
| Dec 31, 2025 | -1.23 Mn |
| Dec 31, 2025 | -1.23 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | 4.65 Mn |
| Dec 31, 2024 | 4.65 Mn |
| Oct 31, 2024 | 1.56 Mn |
| Oct 31, 2024 | 1.56 Mn |
| Jul 31, 2024 | 3.26 Mn |
| Jul 31, 2024 | 3.26 Mn |
| Apr 30, 2024 | 1.65 Mn |
| Apr 30, 2024 | 1.65 Mn |
| Jan 31, 2024 | 4.75 Mn |
| Jan 31, 2024 | 4.75 Mn |
| Oct 31, 2023 | 2.73 Mn |
| Oct 31, 2023 | 2.73 Mn |
| Jul 31, 2023 | 1.57 Mn |
| Jul 31, 2023 | 1.57 Mn |
| Jan 31, 2023 | 1.76 Mn |
| Jan 31, 2023 | 1.76 Mn |
| Oct 31, 2022 | 623,761.00 |
| Oct 31, 2022 | 623,761.00 |
| Jul 31, 2022 | 886,303.00 |
| Jul 31, 2022 | 886,303.00 |
| Apr 30, 2022 | 4.71 Mn |
| Apr 30, 2022 | 4.71 Mn |
| Jan 31, 2022 | 334,278.00 |
| Jan 31, 2022 | 334,278.00 |
| Oct 31, 2021 | 1.71 Mn |
| Oct 31, 2021 | 1.71 Mn |
| Jul 31, 2021 | 1.29 Mn |
| Jul 31, 2021 | 1.29 Mn |
| Apr 30, 2021 | 3.58 Mn |
| Apr 30, 2021 | 3.58 Mn |
| Jan 31, 2021 | 146,539.00 |
| Jan 31, 2021 | 146,539.00 |
| Oct 31, 2020 | 328,756.00 |
| Oct 31, 2020 | 328,756.00 |
| Jul 31, 2020 | 86,546.00 |
| Jul 31, 2020 | 86,546.00 |
| Apr 30, 2020 | 309,145.00 |
| Apr 30, 2020 | 309,145.00 |
| Jan 31, 2020 | 16,234.00 |
| Jan 31, 2020 | 16,234.00 |
| Mar 31, 2019 | 16,771.00 |
| Mar 31, 2019 | 16,771.00 |
| Dec 31, 2018 | 68,389.00 |
| Dec 31, 2018 | 68,389.00 |
| Sep 30, 2018 | 55,089.00 |
| Sep 30, 2018 | 55,089.00 |
| Jun 30, 2018 | 75,227.00 |
| Jun 30, 2018 | 75,227.00 |
| Mar 31, 2018 | 66,836.00 |
| Mar 31, 2018 | 66,836.00 |
| Dec 31, 2017 | 6,320.00 |
| Dec 31, 2017 | 6,320.00 |
| Sep 30, 2017 | 826.00 |
| Sep 30, 2017 | 826.00 |
| Jun 30, 2017 | 3,218.00 |
| Jun 30, 2017 | 3,218.00 |
| Mar 31, 2017 | 92,376.00 |
| Mar 31, 2017 | 92,376.00 |
| Dec 31, 2016 | 33,090.00 |
| Dec 31, 2016 | 33,090.00 |
| Sep 30, 2016 | 8,513.00 |
| Sep 30, 2016 | 8,513.00 |
| Jun 30, 2016 | 1,783.00 |
| Jun 30, 2016 | 1,783.00 |
| Mar 31, 2016 | 4,985.00 |
| Mar 31, 2016 | 4,985.00 |
| Dec 31, 2015 | 980.00 |
| Dec 31, 2015 | 980.00 |
| Sep 30, 2015 | 2,836.00 |
| Sep 30, 2015 | 2,836.00 |
| Jun 30, 2015 | 1,943.00 |
| Jun 30, 2015 | 1,943.00 |
| Mar 31, 2015 | 24,685.00 |
| Mar 31, 2015 | 24,685.00 |
| Dec 31, 2014 | -9,359.00 |
| Dec 31, 2014 | -9,359.00 |
| Sep 30, 2014 | 23,185.00 |
| Sep 30, 2014 | 23,185.00 |
| Jun 30, 2014 | 10,134.00 |
| Jun 30, 2014 | 10,134.00 |
| Dec 31, 2013 | -31,534.00 |
| Dec 31, 2013 | -31,534.00 |
| Sep 30, 2013 | 18,231.00 |
| Sep 30, 2013 | 18,231.00 |
| Jun 30, 2013 | 4,619.00 |
| Jun 30, 2013 | 4,619.00 |
| Mar 31, 2013 | 8,684.00 |
| Mar 31, 2013 | 8,684.00 |
| Dec 31, 2012 | -11,665.00 |
| Dec 31, 2012 | -11,665.00 |
| Sep 30, 2012 | 12,712.00 |
| Sep 30, 2012 | 12,712.00 |
| Jun 30, 2012 | 4,605.00 |
| Jun 30, 2012 | 4,605.00 |