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

Red Cat Holdings (RCAT) reported Gross Margin of 12.7% for Q1 2026, up 6485.0% on a YoY basis from 0.19% in Q1 2025, and up 199.69% quarter-over-quarter from 4.24% in Q4 2025.

Red Cat Holdings (RCAT) Gross Margin (2011 - 2026) Analysis & Trends

Red Cat Holdings has reported Gross Margin for 15 years, with the latest figure at 12.7% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 6485.0% year-over-year to 12.7%; the trailing twelve-month figure through Mar 2026 stood at 7.79% (down 69766.0% YoY), and the FY2025 full-year result was 3.13%, up 3109.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 12.7%, up from 4.24% in the prior quarter.
  • The five-year high for Gross Margin was 57.41% in Q4 2024, with the low at 52.15% in Q1 2025.
  • Historically, Gross Margin has averaged 11.12% across 5 years, with a median of 12.7% in 2026.
  • Annual changes were most pronounced in 2025 — Gross Margin slumped 5317 bps — and 2026, when it surged 6485 bps.
  • Red Cat Holdings' Gross Margin stood at 16.57% in 2022, then surged by 84 bps to 30.54% in 2023, then surged by 88 bps to 57.41% in 2024, then slumped by 93 bps to 4.24% in 2025, then surged by 200 bps to 12.7% in 2026.
  • The last three Gross Margin figures came in at 12.7% (Q1 2026), 4.24% (Q4 2025), and 6.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 29.53%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 73.52%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 41.11%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 11.46%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 11.53%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 36.92%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 67.40%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 34.90%
10 Red Cat Holdings 1.45 Bn 1.45 Bn 1.97 Mn 12.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.70%
Dec 31, 2025 4.24%
Sep 30, 2025 6.61%
Jun 30, 2025 33.24%
Mar 31, 2025 -52.15%
Dec 31, 2024 57.41%
Oct 31, 2024 -1.53%
Jul 31, 2024 -17.41%
Apr 30, 2024 24.99%
Jan 31, 2024 18.84%
Oct 31, 2023 30.54%
Jul 31, 2023 9.99%
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%