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
DateValue
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