Red Cat Holdings (RCAT) Research & Development (2015 - 2026)
Red Cat Holdings' (RCAT) quarterly Research & Development came in at $14.2 million in Q2 2026, up 295.19% on a YoY basis from $3.6 million in Q2 2025, and up 78.36% quarter-over-quarter from $8.0 million in Q1 2026.
Analysis
Red Cat Holdings (RCAT) Research & Development (2015 - 2026) Analysis & Trends
Red Cat Holdings (RCAT) has reported Research & Development for 11 consecutive years, with $14.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 295.19% year-over-year to $14.2 million; the trailing twelve-month figure through Jun 2026 stood at $33.1 million (up 211.14% YoY), and the FY2025 full-year result was $17.9 million, up 170.61% from the prior year.
- Research & Development rose to $14.2 million in Q2 2026 per RCAT's latest filing, from $8.0 million in the prior quarter.
- Across five years, Research & Development topped out at $14.2 million in Q2 2026 and bottomed at $449964.0 in Q3 2022.
- Historically, Research & Development has averaged $3.2 million across 5 years, with a median of $2.2 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 506.89% in 2022, then grew 0.42% in 2024.
- Over 5 years, Research & Development stood at $1.3 million in 2022, then jumped by 75.39% to $2.2 million in 2023, then tumbled by 38.81% to $1.4 million in 2024, then surged by 259.71% to $4.9 million in 2025, then soared by 190.72% to $14.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $14.2 million, $8.0 million, and $4.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 123.21 Bn | 119.42 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.49 Bn | 91.16 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 75.90 Bn | 75.21 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Northrop Grumman | 74.92 Bn | 72.62 Bn | 3.72 Bn | - |
| 5 | L3Harris Technologies | 46.03 Bn | 45.47 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 34.52 Bn | 33.56 Bn | 579.01 Mn | 103.20 Mn |
| 7 | Teledyne Technologies | 27.99 Bn | 27.65 Bn | 738.10 Mn | 90.20 Mn |
| 8 | Curtiss Wright | 20.99 Bn | 20.52 Bn | 364.09 Mn | 25.14 Mn |
| 9 | Leidos Holdings | 16.02 Bn | 15.32 Bn | 817.00 Mn | - |
| 10 | Red Cat Holdings | 1.03 Bn | 1.03 Bn | 3.26 Mn | 14.22 Mn |
Historic Data
Download Data
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 | 1.36 Mn |
| Oct 31, 2024 | 2.23 Mn |
| Jul 31, 2024 | 1.63 Mn |
| 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 |