Red Cat Holdings (RCAT) Net Income (2010 - 2026)
Red Cat Holdings' (RCAT) quarterly Net Income came in at -$26.6 million in Q1 2026, down 14.83% YoY from -$31.2 million in Q1 2025, and up 55.3% on a QoQ basis from -$59.4 million in Q2 2025.
Red Cat Holdings (RCAT) Net Income (2010 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has 17 years of Net Income data on file, last reported at -$26.6 million in Q1 2026.
- Quarterly Net Income fell 14.83% year-over-year to -$26.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$85.9 million (down 127.23% YoY) and the FY2024 annual result came in at -$2.5 million, down 245.98% from the prior year.
- Net Income rose to -$26.6 million in Q1 2026, from -$59.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $2.1 million in Q4 2024 to a low of -$59.4 million in Q2 2025.
- A 5-year average of -$9.1 million and a median of -$1.5 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income jumped 89.2% — and 2024, when it slumped 3415.11%.
- Tracing RCAT's Net Income over 5 years: stood at -$413495.0 in 2022, then plunged by 44.99% to -$599511.0 in 2023, then soared by 457.17% to $2.1 million in 2024, then sank by 2873.87% to -$59.4 million in 2025, then surged by 55.3% to -$26.6 million in 2026.
- The last three Net Income figures came in at -$26.6 million (Q1 2026), -$59.4 million (Q2 2025), and -$23.1 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 2.36 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 2.25 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | -428.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 1.84 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 534.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 1.16 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 1.09 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 540.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 29.43 Mn |
| 10 | Red Cat Holdings | 1.32 Bn | 1.32 Bn | 3.26 Mn | -35.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -35.26 Mn |
| Mar 31, 2026 | -26.55 Mn |
| Jun 30, 2025 | -59.40 Mn |
| Mar 31, 2025 | -23.12 Mn |
| Dec 31, 2024 | 2.14 Mn |
| Oct 31, 2024 | -9.12 Mn |
| Jul 31, 2024 | -7.73 Mn |
| Apr 30, 2024 | -1.54 Mn |
| Jan 31, 2024 | -1.30 Mn |
| Oct 31, 2023 | -599,511.00 |
| Jul 31, 2023 | -219,836.00 |
| Jan 31, 2023 | -341,693.00 |
| Oct 31, 2022 | -413,495.00 |
| Jul 31, 2022 | -219,397.00 |
| Apr 30, 2022 | -5.40 Mn |
| Jan 31, 2022 | -3.16 Mn |
| Oct 31, 2021 | -2.76 Mn |
| Jul 31, 2021 | -1.68 Mn |
| Apr 30, 2021 | -2.86 Mn |
| Jan 31, 2021 | -1.15 Mn |