Red Cat Holdings (RCAT) Gross Margin (2011 - 2026)
Red Cat Holdings (RCAT) recorded Gross Margin of 16.15% in Q2 2026, up 4.50 percentage points from 11.65% a year earlier and up 3.45 percentage points from the prior quarter.
Red Cat Holdings (RCAT) Gross Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Red Cat Holdings' Gross Margin came in at 9.75% as of Jun 30, 2026; for FY2025, it came in at 3.13%, up 31.09 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -16.32 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at -27.96% in FY2024, -18.06% in FY2023 (-32.45 pp), 14.40% in FY2022 (-7.00 pp) and 21.40% in FY2021 (+1.95 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2017.
- Per Business Quant, the preceding three quarters came in at 12.70% (Q1 2026), 4.24% (Q4 2025) and 6.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 309.59 Bn | 263.36 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 258.28 Bn | 229.76 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 150.73 Bn | 57.42 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 126.11 Bn | 112.84 Bn | 2.45 Bn | 12.19% |
| 5 | General Dynamics | 92.57 Bn | 79.69 Bn | 2.18 Bn | 15.49% |
| 6 | Howmet Aerospace | 82.21 Bn | 77.81 Bn | 951.00 Mn | 37.34% |
| 7 | Northrop Grumman | 76.32 Bn | 65.57 Bn | 2.12 Bn | 19.50% |
| 8 | Motorola Solutions | 76.22 Bn | 72.57 Bn | 1.68 Bn | 53.56% |
| 9 | Honeywell International | 67.34 Bn | 19.46 Bn | 3.65 Bn | 37.59% |
| 10 | Red Cat Holdings | 635.15 Mn | 635.15 Mn | 3.26 Mn | 16.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.15% |
| Mar 31, 2026 | 12.70% |
| Dec 31, 2025 | 4.24% |
| Sep 30, 2025 | 6.61% |
| Jun 30, 2025 | 11.65% |
| Mar 31, 2025 | -52.15% |
| Oct 31, 2024 | -1.53% |
| Jul 31, 2024 | -17.41% |
| Jan 31, 2024 | 18.84% |
| Oct 31, 2023 | 30.54% |
| Jul 31, 2023 | 9.99% |
| Apr 30, 2023 | -87.43% |
| Jan 31, 2023 | -5.81% |
| Oct 31, 2022 | 16.57% |
| Jul 31, 2022 | 7.29% |
| Apr 30, 2022 | 25.21% |
| Jan 31, 2022 | 18.30% |
| Oct 31, 2021 | 8.19% |
| Jul 31, 2021 | 7.33% |
| Apr 30, 2021 | 15.91% |
Red Cat Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RCAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RCAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RCAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();