Red Cat Holdings (RCAT) Operating Income (2011 - 2026)

Red Cat Holdings (RCAT) has reported Operating Income for 16 consecutive years, with -$38.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Income fell 205.57% year-over-year to -$38.6 million; the trailing twelve-month figure through Jun 2026 stood at -$107.4 million (down 113.64% YoY), and the FY2025 full-year result was -$66.6 million, down 157.72% from the prior year.
• Operating Income fell to -$38.6 million in Q2 2026 per RCAT's latest filing, from -$27.3 million in the prior quarter.
• Across five years, Operating Income topped out at -$3.2 million in Q1 2022 and bottomed at -$38.6 million in Q2 2026.
• Historically, Operating Income has averaged -$12.2 million across 5 years, with a median of -$11.6 million in 2023.
• The sharpest annual moves came in 2023 and 2026: Operating Income advanced 17.42% in 2023, then slumped 205.57% in 2026.
• Over 5 years, Operating Income stood at -$6.4 million in 2022, then increased by 17.42% to -$5.2 million in 2023, then sank by 125.41% to -$11.8 million in 2024, then slumped by 102.53% to -$23.9 million in 2025, then sank by 61.42% to -$38.6 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered -$38.6 million, -$27.3 million, and -$23.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.