Red Cat Holdings (RCAT) Gross Margin (2011 - 2026)
Red Cat Holdings' (RCAT) quarterly Gross Margin came in at 12.7% in Q1 2026, up 6485.0% YoY from 0.19% in Q1 2025, and up 199.69% on a QoQ basis from 4.24% in Q4 2025.
Red Cat Holdings (RCAT) Gross Margin (2011 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has 15 years of Gross Margin data on file, last reported at 12.7% in 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 advanced to 12.7% in Q1 2026, from 4.24% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 57.41% in Q4 2024 to a low of 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 slumped 5317 bps — and 2026, when it surged 6485 bps.
- Tracing RCAT's Gross Margin over 5 years: stood at 14.69% in 2022, then sank by 117 bps to 2.47% in 2023, then soared by 2420 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 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 59.39% |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 60.42% |
| 10 | Red Cat Holdings | 1.32 Bn | 1.32 Bn | 3.26 Mn | 16.15% |
Historic Data
Download 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 | 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 | -11.03% |
| Oct 31, 2023 | -2.47% |
| Jul 31, 2023 | 9.99% |
| Jan 31, 2023 | -5.81% |
| Oct 31, 2022 | 14.69% |
| 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% |