Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026)

Red Cat Holdings (RCAT) has 14 years of Cost of Revenue data on file, last reported at $13.5 million in Q1 2026.

• Quarterly Cost of Revenue rose 444.6% year-over-year to $13.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.5 million (up 326.78% YoY) and the FY2025 annual result came in at $39.5 million, up 535.76% from the prior year.
• Cost of Revenue fell to $13.5 million in Q1 2026, from $25.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $25.1 million in Q4 2025 to a low of -$3.2 million in Q2 2022.
• A 5-year average of $4.6 million and a median of $2.5 million in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue plunged 188.58% — and 2025, when it jumped 454.56%.
• Tracing RCAT's Cost of Revenue over 5 years: stood at $623761.0 in 2022, then surged by 337.71% to $2.7 million in 2023, then surged by 65.92% to $4.5 million in 2024, then jumped by 454.56% to $25.1 million in 2025, then plunged by 46.24% to $13.5 million in 2026.
• The last three Cost of Revenue figures came in at $13.5 million (Q1 2026), $25.1 million (Q4 2025), and $9.0 million (Q3 2025), per Business Quant data.