Red Cat Holdings (RCAT) Net Income (2011 - 2026)
Red Cat Holdings (RCAT) reported Net Income of -$26.6 million for Q1 2026, down 14.83% on a YoY basis from -$31.2 million in Q1 2025, and down 112.57% quarter-over-quarter from -$12.5 million in Q2 2025.
Red Cat Holdings (RCAT) Net Income (2011 - 2026) Analysis & Trends
Red Cat Holdings has reported Net Income for 16 years, with the latest figure at -$26.6 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 14.83% year-over-year to -$26.6 million; the trailing twelve-month figure through Mar 2026 stood at -$39.0 million (down 3.22% YoY), and the FY2024 full-year result was -$2.5 million, down 45.98% from the prior year.
- Net Income for Q1 2026 stood at -$26.6 million, down from -$12.5 million in the prior quarter.
- The five-year high for Net Income was $2.1 million in Q4 2024, with the low at -$26.6 million in Q1 2026.
- Historically, Net Income has averaged -$6.0 million across 5 years, with a median of -$1.6 million in 2024.
- Annual changes were most pronounced in 2023 — Net Income jumped 89.57% — and 2024, when it sank 3085.63%.
- Red Cat Holdings' Net Income 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 plunged by 683.35% to -$12.5 million in 2025, then slumped by 112.57% to -$26.6 million in 2026.
- The last three Net Income figures came in at -$26.6 million (Q1 2026), -$12.5 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 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -1.39 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -26.00 Mn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 2.16 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | -7.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 1.49 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 580.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 1.13 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 875.00 Mn |
| 10 | Red Cat Holdings | 1.45 Bn | 1.45 Bn | 1.97 Mn | -26.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.55 Mn |
| Jun 30, 2025 | -12.49 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 | -1.56 Mn |
| Jan 31, 2024 | -1.30 Mn |
| Oct 31, 2023 | -599,511.00 |
| Jul 31, 2023 | -242,573.00 |
| Jan 31, 2023 | -330,079.00 |
| 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 |
| Oct 31, 2020 | -489,891.00 |