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| Date | Value |
|---|---|
| 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% |