Red Cat Holdings (RCAT) Gross Margin (2011 - 2026)

Red Cat Holdings' Gross Margin history runs 15 years deep, the most recent figure standing at 12.7% for Q1 2026.

• Quarterly Gross Margin rose 6485.0% year-over-year to 12.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.79% (down 69766.0% YoY) and the FY2025 annual result came in at 3.13%, up 3109.0% from the prior year.
• Gross Margin was 12.7% for Q1 2026 at Red Cat Holdings, up from 4.24% in the prior quarter.
• Across five years, Gross Margin topped out at 57.41% in Q4 2024 and bottomed at 52.15% in Q1 2025.
• A 5-year average of 7.31% and a median of 7.29% in 2022 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2025 — Gross Margin sank 5317 bps — and 2026, when it surged 6485 bps.
• Red Cat Holdings' Gross Margin stood at 14.69% in 2022, then tumbled by 117 bps to 2.47% in 2023, then surged by 2420 bps to 57.41% in 2024, then plunged by 93 bps to 4.24% in 2025, then jumped by 200 bps to 12.7% in 2026.
• Business Quant data shows RCAT's Gross Margin at 12.7% in Q1 2026, 4.24% in Q4 2025, and 6.61% in Q3 2025.