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

Red Cat Holdings' Cost of Revenue history runs 14 years deep, the most recent figure standing at $13.5 million for 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 was $13.5 million for Q1 2026 at Red Cat Holdings, down from $25.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $25.1 million in Q4 2025 and bottomed at -$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 tumbled 188.58% — and 2025, when it jumped 454.56%.
• Red Cat Holdings' Cost of Revenue stood at $623761.0 in 2022, then jumped by 337.71% to $2.7 million in 2023, then jumped by 65.92% to $4.5 million in 2024, then soared by 454.56% to $25.1 million in 2025, then slumped by 46.24% to $13.5 million in 2026.
• Business Quant data shows RCAT's Cost of Revenue at $13.5 million in Q1 2026, $25.1 million in Q4 2025, and $9.0 million in Q3 2025.