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
DateValue
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