Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026)
Red Cat Holdings (RCAT) reported Cost of Revenue of $13.5 million for Q1 2026, up 444.6% on a YoY basis from $2.5 million in Q1 2025, and up 1201.2% quarter-over-quarter from -$1.2 million in Q4 2025.
Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026) Analysis & Trends
Red Cat Holdings has reported Cost of Revenue for 15 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $13.5 million in Q1 2026, with the low at -$1.2 million in Q4 2025.
- Historically, Cost of Revenue has averaged $3.2 million across 5 years, with a median of $2.5 million in 2025.
- Annual changes were most pronounced in 2025 — Cost of Revenue sank 126.4% — and 2026, when it jumped 444.6%.
- Red Cat Holdings' Cost of Revenue stood at $623761.0 in 2022, then surged by 337.71% to $2.7 million in 2023, then jumped by 70.17% to $4.6 million in 2024, then plunged by 126.4% to -$1.2 million in 2025, then soared 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 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.09 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 3.28 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 13.00 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 19.67 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 15.94 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 1.46 Bn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 4.40 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 6.43 Bn |
| 10 | Red Cat Holdings | 1.45 Bn | 1.45 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 |