Red Cat Holdings (RCAT) Operating Margin (2011 - 2026)
Red Cat Holdings' (RCAT) quarterly Operating Margin came in at 191.42% in Q2 2026, up 20147.0% on a YoY basis from N/an in Q2 2025, and down 8.47% quarter-over-quarter from 176.47% in Q1 2026.
Powered by 
Analysis
Red Cat Holdings (RCAT) Operating Margin (2011 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has reported Operating Margin for 16 consecutive years, with 191.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 20147.0% year-over-year to 191.42%; the trailing twelve-month figure through Jun 2026 stood at 150.15% (down 1729888.0% YoY), and the FY2025 full-year result was 163.51%, up 36929.0% from the prior year.
- Operating Margin fell to 191.42% in Q2 2026 per RCAT's latest filing, from 176.47% in the prior quarter.
- Across five years, Operating Margin topped out at 177.04% in Q4 2024 and bottomed at 1053.1% in Q2 2023.
- Historically, Operating Margin has averaged 364.15% across 5 years, with a median of 301.25% in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Margin soared 71606 bps in 2023, then slumped 73545 bps in 2024.
- Over 5 years, Operating Margin stood at 849.48% in 2022, then soared by 84 bps to 133.41% in 2023, then jumped by 233 bps to 177.04% in 2024, then plunged by 152 bps to 91.26% in 2025, then sank by 110 bps to 191.42% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 191.42%, 176.47%, and 91.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 123.21 Bn | 119.42 Bn | 2.45 Bn | 12.36% |
| 2 | General Dynamics | 95.49 Bn | 91.16 Bn | 6.76 Bn | 10.36% |
| 3 | Motorola Solutions | 75.90 Bn | 75.21 Bn | 1.68 Bn | 25.82% |
| 4 | Northrop Grumman | 74.92 Bn | 72.62 Bn | 3.72 Bn | 10.08% |
| 5 | L3Harris Technologies | 46.03 Bn | 45.47 Bn | 1.50 Bn | 11.12% |
| 6 | Elbit Systems | 34.52 Bn | 33.56 Bn | 579.01 Mn | 9.57% |
| 7 | Teledyne Technologies | 27.99 Bn | 27.65 Bn | 738.10 Mn | 20.04% |
| 8 | Curtiss Wright | 20.99 Bn | 20.52 Bn | 364.09 Mn | 19.34% |
| 9 | Leidos Holdings | 16.02 Bn | 15.32 Bn | 817.00 Mn | 11.28% |
| 10 | Red Cat Holdings | 1.03 Bn | 1.03 Bn | 3.26 Mn | -191.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -191.42% |
| Mar 31, 2026 | -176.47% |
| Dec 31, 2025 | -91.26% |
| Sep 30, 2025 | -181.74% |
| Jun 30, 2025 | -392.89% |
| Mar 31, 2025 | -765.52% |
| Dec 31, 2024 | 177.04% |
| Oct 31, 2024 | -868.86% |
| Jul 31, 2024 | -447.19% |
| Jan 31, 2024 | -76.05% |
| Oct 31, 2023 | -133.41% |
| Jul 31, 2023 | -320.02% |
| Apr 30, 2023 | -1,053.10% |
| Jan 31, 2023 | -310.86% |
| Oct 31, 2022 | -849.48% |
| Jul 31, 2022 | -291.65% |
| Apr 30, 2022 | -411.43% |
| Jan 31, 2022 | -170.39% |
| Oct 31, 2021 | -148.14% |
| Jul 31, 2021 | -120.25% |