Red Cat Holdings (RCAT) EBITDA (2011 - 2026)
Red Cat Holdings posted quarterly EBITDA of -$27.3 million for Q1 2026, down 118.8% year-on-year from $145.2 million in Q1 2025, and down 14.04% on a QoQ basis from -$23.9 million in Q4 2025.
Red Cat Holdings (RCAT) has 16 years of EBITDA data on file, last reported at -$27.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 118.8% year-over-year to -$27.3 million; the trailing twelve-month figure through Mar 2026 stood at -$81.4 million (down 62.68% YoY), and the FY2025 full-year result was -$72.1 million, down 65.24% from the prior year.
- EBITDA for Q1 2026 stood at -$27.3 million, down from -$23.9 million in the prior quarter.
- Across five years, EBITDA topped out at -$3.2 million in Q1 2022 and bottomed at -$27.3 million in Q1 2026.
- The 5-year median for EBITDA is -$6.4 million (2022), against an average of -$10.3 million.
- The widest annual swing landed in 2022, when EBITDA tumbled 175.86%; it then gained 17.42% in 2023.
- A 5-year view of EBITDA shows it stood at -$6.4 million in 2022, then grew by 17.42% to -$5.2 million in 2023, then slumped by 125.41% to -$11.8 million in 2024, then tumbled by 102.53% to -$23.9 million in 2025, then retreated by 14.04% to -$27.3 million in 2026.
- The last three EBITDA figures came in at -$27.3 million (Q1 2026), -$23.9 million (Q4 2025), and -$17.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -1.07 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 2.56 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 448.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 2.06 Bn |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 753.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 1.42 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -46.03 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 870.00 Mn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 1.18 Bn |
| 10 | Red Cat Holdings | 1.14 Bn | 1.14 Bn | 1.97 Mn | -27.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.30 Mn |
| Dec 31, 2025 | -23.94 Mn |
| Sep 30, 2025 | -17.53 Mn |
| Jun 30, 2025 | -12.65 Mn |
| Mar 31, 2025 | -12.48 Mn |
| Dec 31, 2024 | -11.82 Mn |
| Oct 31, 2024 | -13.33 Mn |
| Jul 31, 2024 | -12.42 Mn |
| Apr 30, 2024 | -4.29 Mn |
| Jan 31, 2024 | -4.45 Mn |
| Oct 31, 2023 | -5.24 Mn |
| Jul 31, 2023 | -5.59 Mn |
| Jan 31, 2023 | -5.18 Mn |
| Oct 31, 2022 | -6.35 Mn |
| Jul 31, 2022 | -3.48 Mn |
| Apr 30, 2022 | -5.40 Mn |
| Jan 31, 2022 | -3.16 Mn |
| Oct 31, 2021 | -2.76 Mn |
| Jul 31, 2021 | -1.68 Mn |
| Apr 30, 2021 | -2.86 Mn |
| Jan 31, 2021 | -1.15 Mn |
| Oct 31, 2020 | -489,891.00 |
| Jul 31, 2020 | -383,244.00 |
| Apr 30, 2020 | -653,718.00 |
| Jan 31, 2020 | -438,619.00 |
| Oct 31, 2019 | -216,121.00 |
| Jul 31, 2019 | -321,502.00 |
| Mar 31, 2019 | -163,974.00 |
| Dec 31, 2018 | -552,708.00 |
| Sep 30, 2018 | -407,310.00 |
| Jun 30, 2018 | -484,008.00 |
| Mar 31, 2018 | -636,505.00 |
| Dec 31, 2017 | -207,091.00 |
| Sep 30, 2017 | -90,283.00 |
| Jun 30, 2017 | -344,068.00 |
| Mar 31, 2017 | -450,772.00 |
| Dec 31, 2016 | -689,606.00 |
| Sep 30, 2016 | -592,538.00 |
| Jun 30, 2016 | -166,628.00 |
| Mar 31, 2016 | -44,666.00 |
| Dec 31, 2015 | -68,120.00 |
| Sep 30, 2015 | -92,823.00 |
| Jun 30, 2015 | -41,919.00 |
| Mar 31, 2015 | -36,176.00 |
| Dec 31, 2014 | -144,228.00 |
| Sep 30, 2014 | -183,942.00 |
| Jun 30, 2014 | -36,577.00 |
| Mar 31, 2014 | -16,030.00 |
| Dec 31, 2013 | -5,437.00 |
| Sep 30, 2013 | -8,862.00 |
| Jun 30, 2013 | -4,453.00 |
| Mar 31, 2013 | -28,090.00 |
| Dec 31, 2012 | -110,529.00 |
| Sep 30, 2012 | -12,278.00 |
| Jun 30, 2012 | -39,847.00 |
| Mar 31, 2012 | -61,721.00 |
| Dec 31, 2011 | -71,892.00 |
| Sep 30, 2011 | 21,917.00 |