Red Cat Holdings (RCAT) Research & Development (2015 - 2026)
Red Cat Holdings' Research & Development was $14.22 million in Q2 2026, up 295.2% from $3.6 million a year earlier and up 78.4% from the prior quarter.
Red Cat Holdings (RCAT) Research & Development (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Red Cat Holdings' Research & Development was $33.05 million through Jun 30, 2026, up 211.1% year-over-year; for FY2025, it was $17.89 million, up 170.6% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 105.4% (FY2020 to FY2025).
- In earlier years, Research & Development was $6.61 million in FY2024, $5.6 million in FY2023 (+114.7%), $2.61 million in FY2022 (+405.0%) and $516,084 in FY2021 (+5.5%).
- The Q2 2026 figure marks the highest quarterly Research & Development in data going back to Q3 2015.
- Compared with a year earlier, Research & Development has increased for three straight quarters.
- Per Business Quant data, RCAT's Research & Development in the three quarters before Q2 2026 was $7.97 million (Q1 2026), $4.89 million (Q4 2025) and $5.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,888.97 Bn | 1,650.69 Bn | 9.10 Bn | 4.60 Bn |
| 2 | General Electric | 342.82 Bn | 301.57 Bn | 5.02 Bn | 458.00 Mn |
| 3 | Rtx | 267.90 Bn | 237.89 Bn | 5.81 Bn | 711.00 Mn |
| 4 | Lockheed Martin | 137.70 Bn | 121.94 Bn | 2.44 Bn | - |
| 5 | Boeing | 135.95 Bn | 44.93 Bn | 2.17 Bn | 830.00 Mn |
| 6 | General Dynamics | 98.18 Bn | 83.41 Bn | 2.25 Bn | - |
| 7 | Motorola Solutions | 87.93 Bn | 84.41 Bn | 1.77 Bn | 276.00 Mn |
| 8 | Howmet Aerospace | 87.90 Bn | 83.65 Bn | 1.00 Bn | 11.00 Mn |
| 9 | Northrop Grumman | 78.19 Bn | 65.65 Bn | 2.35 Bn | - |
| 10 | Red Cat Holdings | 580.23 Mn | -251.54 Mn | 3.26 Mn | 14.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.22 Mn |
| 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 | 1.77 Mn |
| Sep 30, 2024 | 1.88 Mn |
| Jun 30, 2024 | 289,016.00 |
| Jan 31, 2024 | 2.13 Mn |
| Oct 31, 2023 | 2.22 Mn |
| Jul 31, 2023 | 1.35 Mn |
| Apr 30, 2023 | 2.66 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 |
Red Cat Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=RCAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "RCAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=RCAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();