Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026)
Red Cat Holdings' (RCAT) quarterly Cost of Revenue came in at $16.9 million in Q2 2026, up 495.25% on a YoY basis from $2.8 million in Q2 2025, and up 25.34% quarter-over-quarter from $13.5 million in Q1 2026.
Analysis
Red Cat Holdings (RCAT) Cost of Revenue (2012 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has reported Cost of Revenue for 14 consecutive years, with $16.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 495.25% year-over-year to $16.9 million; the trailing twelve-month figure through Jun 2026 stood at $64.6 million (up 1498.9% YoY), and the FY2025 full-year result was $39.5 million, up 535.76% from the prior year.
- Cost of Revenue advanced to $16.9 million in Q2 2026 per RCAT's latest filing, from $13.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $25.1 million in Q4 2025 and bottomed at -$2.8 million in Q4 2024.
- Historically, Cost of Revenue has averaged $5.0 million across 5 years, with a median of $2.3 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue sank 42.93% in 2024, then jumped 983.34% in 2025.
- Over 5 years, Cost of Revenue stood at $1.6 million in 2022, then jumped by 72.6% to $2.7 million in 2023, then sank by 204.17% to -$2.8 million in 2024, then surged by 983.34% to $25.1 million in 2025, then tumbled by 32.61% to $16.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $16.9 million, $13.5 million, and $25.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 123.21 Bn | 119.42 Bn | 2.45 Bn | 17.62 Bn |
| 2 | General Dynamics | 95.49 Bn | 91.16 Bn | 6.76 Bn | 7.34 Bn |
| 3 | Motorola Solutions | 75.90 Bn | 75.21 Bn | 1.68 Bn | 1.46 Bn |
| 4 | Northrop Grumman | 74.92 Bn | 72.62 Bn | 3.72 Bn | 7.16 Bn |
| 5 | L3Harris Technologies | 46.03 Bn | 45.47 Bn | 1.50 Bn | 4.38 Bn |
| 6 | Elbit Systems | 34.52 Bn | 33.56 Bn | 579.01 Mn | 1.71 Bn |
| 7 | Teledyne Technologies | 27.99 Bn | 27.65 Bn | 738.10 Mn | 924.40 Mn |
| 8 | Curtiss Wright | 20.99 Bn | 20.52 Bn | 364.09 Mn | 559.92 Mn |
| 9 | Leidos Holdings | 16.02 Bn | 15.32 Bn | 817.00 Mn | 3.74 Bn |
| 10 | Red Cat Holdings | 1.03 Bn | 1.03 Bn | 3.26 Mn | 16.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.93 Mn |
| Mar 31, 2026 | 13.51 Mn |
| Dec 31, 2025 | 25.12 Mn |
| Sep 30, 2025 | 9.01 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | -2.84 Mn |
| Oct 31, 2024 | 1.56 Mn |
| Jul 31, 2024 | 3.26 Mn |
| Jan 31, 2024 | 4.75 Mn |
| Oct 31, 2023 | 2.73 Mn |
| Jul 31, 2023 | 1.57 Mn |
| Apr 30, 2023 | 2.02 Mn |
| Jan 31, 2023 | 1.76 Mn |
| Oct 31, 2022 | 1.58 Mn |
| Jul 31, 2022 | 1.04 Mn |
| Apr 30, 2022 | 981,474.00 |
| Jan 31, 2022 | 1.52 Mn |
| Oct 31, 2021 | 1.71 Mn |
| Jul 31, 2021 | 1.29 Mn |