Red Cat Holdings (RCAT) Research & Development (2015 - 2026)
Red Cat Holdings (RCAT) reported Research & Development of $8.0 million for Q1 2026, up 132.22% on a YoY basis from $3.4 million in Q1 2025, and up 62.99% quarter-over-quarter from $4.9 million in Q4 2025.
Red Cat Holdings (RCAT) Research & Development (2015 - 2026) Analysis & Trends
Red Cat Holdings has reported Research & Development for 11 years, with the latest figure at $8.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 132.22% year-over-year to $8.0 million; the trailing twelve-month figure through Mar 2026 stood at $22.4 million (up 159.28% YoY), and the FY2025 full-year result was $17.9 million, up 170.61% from the prior year.
- Research & Development for Q1 2026 stood at $8.0 million, up from $4.9 million in the prior quarter.
- The five-year high for Research & Development was $8.0 million in Q1 2026, with the low at $449964.0 in Q3 2022.
- Historically, Research & Development has averaged $2.6 million across 5 years, with a median of $2.1 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development soared 506.89% — and 2024, when it climbed 0.42%.
- Red Cat Holdings' Research & Development stood at $1.3 million in 2022, then surged by 75.39% to $2.2 million in 2023, then sank by 38.81% to $1.4 million in 2024, then soared by 259.71% to $4.9 million in 2025, then jumped by 62.99% to $8.0 million in 2026.
- The last three Research & Development figures came in at $8.0 million (Q1 2026), $4.9 million (Q4 2025), and $6.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 406,069.86 |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 440.00 Mn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 627.00 Mn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 903.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 9.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | - |
| 10 | Red Cat Holdings | 1.45 Bn | 1.45 Bn | 1.97 Mn | 7.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.97 Mn |
| Dec 31, 2025 | 4.89 Mn |
| Sep 30, 2025 | 5.97 Mn |
| Jun 30, 2025 | 3.60 Mn |
| Mar 31, 2025 | 3.43 Mn |
| Dec 31, 2024 | 1.36 Mn |
| Oct 31, 2024 | 2.23 Mn |
| Jul 31, 2024 | 1.63 Mn |
| Apr 30, 2024 | 3.33 Mn |
| Jan 31, 2024 | 2.13 Mn |
| Oct 31, 2023 | 2.22 Mn |
| Jul 31, 2023 | 1.35 Mn |
| Jan 31, 2023 | 1.22 Mn |
| Oct 31, 2022 | 1.27 Mn |
| Jul 31, 2022 | 449,964.00 |
| Apr 30, 2022 | 1.06 Mn |
| Jan 31, 2022 | 811,288.00 |
| Oct 31, 2021 | 493,441.00 |
| Jul 31, 2021 | 244,254.00 |
| Apr 30, 2021 | 174,192.00 |