Red Cat Holdings (RCAT) Gross Margin (2011 - 2026)
Red Cat Holdings' (RCAT) quarterly Gross Margin came in at 16.15% in Q2 2026, up 450.0% on a YoY basis from 2.94% in Q2 2025, and up 27.13% quarter-over-quarter from 12.7% in Q1 2026.
Powered by 
Analysis
Red Cat Holdings (RCAT) Gross Margin (2011 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has reported Gross Margin for 15 consecutive years, with 16.15% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 450.0% year-over-year to 16.15%; the trailing twelve-month figure through Jun 2026 stood at 9.75% (down 146751.0% YoY), and the FY2025 full-year result was 3.13%, up 3109.0% from the prior year.
- Gross Margin rose to 16.15% in Q2 2026 per RCAT's latest filing, from 12.7% in the prior quarter.
- Across five years, Gross Margin topped out at 57.41% in Q4 2024 and bottomed at 131.53% in Q2 2023.
- Historically, Gross Margin has averaged 4.43% across 5 years, with a median of 14.42% in 2026.
- The sharpest annual moves came in 2023 and 2026: Gross Margin sank 15673 bps in 2023, then soared 6485 bps in 2026.
- Over 5 years, Gross Margin stood at 16.57% in 2022, then jumped by 84 bps to 30.54% in 2023, then jumped by 88 bps to 57.41% in 2024, then plunged by 93 bps to 4.24% in 2025, then jumped by 281 bps to 16.15% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 16.15%, 12.7%, and 4.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 123.21 Bn | 119.42 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.49 Bn | 91.16 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 75.90 Bn | 75.21 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 74.92 Bn | 72.62 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.03 Bn | 45.47 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 34.52 Bn | 33.56 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.99 Bn | 27.65 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.99 Bn | 20.52 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.02 Bn | 15.32 Bn | 817.00 Mn | 17.92% |
| 10 | Red Cat Holdings | 1.03 Bn | 1.03 Bn | 3.26 Mn | 16.15% |
Historic Data
Download Data
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% |
| Dec 31, 2024 | 57.41% |
| Oct 31, 2024 | -1.53% |
| Jul 31, 2024 | -17.41% |
| Jan 31, 2024 | 18.84% |
| Oct 31, 2023 | 30.54% |
| Jul 31, 2023 | 27.69% |
| Apr 30, 2023 | -131.53% |
| Jan 31, 2023 | 11.97% |
| Oct 31, 2022 | 16.57% |
| Jul 31, 2022 | 24.46% |
| Apr 30, 2022 | 25.21% |
| Jan 31, 2022 | 18.30% |
| Oct 31, 2021 | 8.19% |
| Jul 31, 2021 | 7.33% |