Red Cat Holdings RCAT
NASDAQ RCAT
$6.75 -0.34 (-4.80%)
At close: Sep 18, 2026 · 4:00 PM EDT

Red Cat Holdings (RCAT) Income from Continuing Operations (2011 - 2026)

Red Cat Holdings' (RCAT) quarterly Income from Continuing Operations came in at -$35.3 million in Q2 2026, down 165.52% on a YoY basis from $53.8 million in Q2 2025, and down 32.79% quarter-over-quarter from -$26.6 million in Q1 2026.

Analysis

Red Cat Holdings (RCAT) Income from Continuing Operations (2011 - 2026) Analysis & Trends

Red Cat Holdings (RCAT) has reported Income from Continuing Operations for 16 consecutive years, with -$35.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Income from Continuing Operations fell 165.52% year-over-year to -$35.3 million; the trailing twelve-month figure through Jun 2026 stood at -$97.5 million (down 60.42% YoY), and the FY2025 full-year result was -$72.1 million, down 65.26% from the prior year.
  • Income from Continuing Operations fell to -$35.3 million in Q2 2026 per RCAT's latest filing, from -$26.6 million in the prior quarter.
  • Across five years, Income from Continuing Operations topped out at -$3.2 million in Q1 2022 and bottomed at -$35.3 million in Q2 2026.
  • Historically, Income from Continuing Operations has averaged -$12.2 million across 5 years, with a median of -$10.2 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Income from Continuing Operations slumped 175.86% in 2022, then rose 16.33% in 2024.
  • Over 5 years, Income from Continuing Operations stood at -$6.4 million in 2022, then grew by 13.73% to -$5.5 million in 2023, then plunged by 101.35% to -$11.0 million in 2024, then tumbled by 78.19% to -$19.7 million in 2025, then plunged by 79.38% to -$35.3 million in 2026.
  • According to Business Quant data, Income from Continuing Operations over the past three periods registered -$35.3 million, -$26.6 million, and -$19.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Income (Continuing) (Qtr)
1 Lockheed Martin 123.21 Bn 119.42 Bn 2.45 Bn 1.84 Bn
2 General Dynamics 95.49 Bn 91.16 Bn 6.76 Bn 1.16 Bn
3 Motorola Solutions 75.90 Bn 75.21 Bn 1.68 Bn 558.00 Mn
4 Northrop Grumman 74.92 Bn 72.62 Bn 3.72 Bn 1.09 Bn
5 L3Harris Technologies 46.03 Bn 45.47 Bn 1.50 Bn 600.00 Mn
6 Elbit Systems 34.52 Bn 33.56 Bn 579.01 Mn 231.70 Mn
7 Teledyne Technologies 27.99 Bn 27.65 Bn 738.10 Mn 251.70 Mn
8 Curtiss Wright 20.99 Bn 20.52 Bn 364.09 Mn 151.17 Mn
9 Leidos Holdings 16.02 Bn 15.32 Bn 817.00 Mn 356.00 Mn
10 Red Cat Holdings 1.03 Bn 1.03 Bn 3.26 Mn -35.26 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -35.26 Mn
Mar 31, 2026 -26.55 Mn
Dec 31, 2025 -19.66 Mn
Sep 30, 2025 -16.02 Mn
Jun 30, 2025 -13.28 Mn
Mar 31, 2025 -23.12 Mn
Dec 31, 2024 -11.03 Mn
Oct 31, 2024 -13.33 Mn
Jul 31, 2024 -12.42 Mn
Jan 31, 2024 -4.62 Mn
Oct 31, 2023 -5.48 Mn
Jul 31, 2023 -5.55 Mn
Apr 30, 2023 -9.38 Mn
Jan 31, 2023 -5.53 Mn
Oct 31, 2022 -6.35 Mn
Jul 31, 2022 -3.48 Mn
Apr 30, 2022 -5.40 Mn
Jan 31, 2022 -3.16 Mn
Oct 31, 2021 -2.76 Mn
Jul 31, 2021 -1.68 Mn