Red Cat Holdings (RCAT) Operating Expenses (2010 - 2026)

Red Cat Holdings (RCAT) has reported Operating Expenses for 17 consecutive years, with $41.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 221.8% year-over-year to $41.9 million; the trailing twelve-month figure through Jun 2026 stood at $114.4 million (up 174.12% YoY), and the FY2025 full-year result was $67.9 million, up 177.19% from the prior year.
• Operating Expenses rose to $41.9 million in Q2 2026 per RCAT's latest filing, from $29.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $41.9 million in Q2 2026 and bottomed at $383894.0 in Q2 2024.
• Historically, Operating Expenses has averaged $11.3 million across 5 years, with a median of $7.2 million in 2024.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses sank 95.92% in 2024, then soared 221.8% in 2026.
• Over 5 years, Operating Expenses stood at $6.5 million in 2022, then declined by 5.9% to $6.1 million in 2023, then soared by 31.11% to $8.0 million in 2024, then soared by 213.63% to $25.1 million in 2025, then soared by 67.27% to $41.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $41.9 million, $29.3 million, and $25.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.