Red Cat Holdings
RCAT
6.15
-0.19
-3.00%
Red Cat Holdings
US · RCAT
#3292 by market cap
6.15
-0.19
-3.00%
Live - 5344 symbols - heartbeat 279s ago
· 2026-10-08 09:18
Pre-market
6.06
-1.41%
After-hours
6.16
+0.09%
Overnight
6.11
-0.65%
- Market cap
- 939.19M
- P/E (TTM)i
- -7.69
- P/Bi
- 1.99
- EPSi
- -0.73
- Div yieldi
- 0.00%
- 52W posi
- 3%
Reader sentiment
Are you bullish or bearish on RCAT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 19.51, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +739.77% YoY
Margins
- Gross margin
- 3.13%
- Operating margin
- -163.51%
- Net margin
- -176.96%
Key ratios & quality
- Altman Z-Scorei
- 19.51
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 105.13K | 403.94K | 5.00M | 6.43M | 4.62M | 4.85M | 40.73M |
| Gross profit | 0 | -246.71K | 78.56K | 1.07M | 925.52K | -834.31K | -1.36M | 1.27M |
| Selling & admin expenses | 1.07M | 1.56M | 1.22M | 4.84M | 9.97M | 16.82M | 17.78M | 49.98M |
| Research & development | 0 | 0 | 488.99K | 516.08K | 2.61M | 5.86M | 6.61M | 17.89M |
| Operating profit | -1.09M | -2.17M | -1.63M | -4.88M | -13.00M | -23.51M | -25.75M | -66.60M |
| Pretax profit | 2.76M | -3.31M | -1.60M | -13.24M | -11.69M | -26.38M | -43.61M | -71.63M |
| Tax | 0 | 0 | -- | -- | -- | -- | 0 | 443.00K |
| Net profit | 1.13M | -2.64M | -1.60M | -13.24M | -11.69M | -28.11M | -43.61M | -72.08M |
| Basic EPS | 24 | -24 | 0 | -1 | 0 | -1 | -1 | -1 |
| Diluted EPS | 24.01 | -24.01 | -0.12 | -0.56 | -0.24 | -0.52 | -0.57 | -0.73 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.63M | 3.22M | 9.65M | 26.23M | 15.47M | 20.19M |
| Gross profit | -850.00K | 375.05K | 637.50K | 1.11M | 1.97M | 3.26M |
| Selling & admin expenses | 8.20M | 9.42M | 12.20M | 20.16M | 21.30M | 27.69M |
| Research & development | 3.43M | 3.60M | 5.97M | 4.89M | 7.97M | 14.22M |
| Operating profit | -12.48M | -12.65M | -17.53M | -23.94M | -27.30M | -38.65M |
| Pretax profit | -23.12M | -13.28M | -15.32M | -19.91M | -26.55M | -35.24M |
| Tax | 0 | -- | 694.56K | -251.56K | 5.00K | 23.00K |
| Net profit | -23.12M | -13.28M | -16.02M | -19.66M | -26.55M | -35.24M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.27 | -0.15 | -0.16 | -0.17 | -0.22 | -0.26 |
Balance sheet
| Line item | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 690.53K | 170.71K | 318.34K | 1.64M | 55.65M | 32.18M | 25.80M | 226.94M |
| Cash & ST investments | 558.73K | 38.71K | 236.67K | 277.35K | 48.88M | 15.99M | 9.15M | 167.87M |
| Inventory | -- | -- | 78.65K | 362.07K | 3.90M | 8.92M | 12.95M | 23.45M |
| Total assets | 750.15K | 262.39K | 2.81M | 11.69M | 85.08M | 60.74M | 55.60M | 273.68M |
| Total current liabilities | 2.41M | 2.69M | 829.27K | 4.67M | 5.44M | 4.05M | 4.18M | 14.85M |
| Short-term debt | 1.46M | 2.06M | 118.77K | 269.05K | 1.25M | 1.08M | 662.00K | 5.88M |
| Long-term debt | -- | -- | 450.00K | 1.75M | 973.71K | 401.57K | -- | -- |
| Total liabilities | 4,109,388.00 | 2,769,569.00 | 1,279,266.00 | 6,427,070.00 | 7,162,953.00 | 5,975,387.00 | 5,485,000.00 | 27,845,000.00 |
| Total equity | -3.36M | -2.51M | 1.53M | 5.27M | 77.92M | 54.77M | 50.12M | 245.83M |
| Retained earnings | -2.74M | -5.38M | -2.57M | -15.81M | -27.50M | -57.08M | -124.75M | -196.82M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 29.41M | 91.57M | 248.80M | 226.94M | 209.66M | 425.11M |
| Cash & ST investments | 7.72M | 65.93M | 206.43M | 167.87M | 131.92M | 325.55M |
| Inventory | 13.85M | 16.17M | 22.64M | 23.45M | 50.53M | 73.39M |
| Total assets | 59.66M | 121.37M | 286.02M | 273.68M | 281.89M | 527.49M |
| Total current liabilities | 28.91M | 24.13M | 23.89M | 14.85M | 19.08M | 28.61M |
| Short-term debt | 25.97M | 20.24M | 14.25M | 5.88M | 1.48M | 2.34M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 30,744,600.00 | 25,802,729.00 | 32,750,497.00 | 27,845,000.00 | 43,146,000.00 | 56,312,000.00 |
| Total equity | 28.91M | 95.57M | 253.27M | 245.83M | 238.74M | 471.18M |
| Retained earnings | -147.87M | -161.15M | -177.16M | -196.82M | -223.37M | -258.63M |
Cash flow
| Line item | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -1.44M | -943.64K | -811.58K | -1.40M | -16.02M | -24.90M | -20.54M | -89.13M |
| Depreciation & amortization | 12.61K | 154.71K | 0 | 36.83K | 264.80K | 966.07K | 1.41M | 2.27M |
| Free cash flow | -1.44M | -1.92M | -811.58K | -1.40M | -16.38M | -27.35M | -20.70M | -95.78M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | 70.07M | 0 | 0 | 249.25M |
| Ending cash balance | 559.24K | 5.79K | 236.67K | 277.35K | 4.08M | 3.26M | 9.15M | 167.87M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -15.91M | -12.90M | -23.85M | -36.48M | -31.95M | -46.80M |
| Depreciation & amortization | 588.00K | 523.39K | 542.32K | 611.29K | 812.00K | 1.47M |
| Free cash flow | -16.18M | -13.20M | -24.52M | -41.88M | -38.73M | -52.58M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | 177.48M | 92 | -- | -- |
| Ending cash balance | 7.72M | 65.93M | 206.43M | 167.87M | 131.92M | 325.55M |
Returns & efficiency
| Line item | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -107.51 | -393.05 | -28.12 | -40.89 | -- | -48.71 |
| ROA %i | 169.30 | -522.12 | -57.04 | -182.55 | -24.16 | -37.29 | -- | -43.78 |
| ROIC %i | -- | -- | -77.81 | -257.61 | -26.19 | -39.21 | -- | -45.57 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -123.99 | -- |
| EBIT margin %i | 161,298.18 | -2,676.12 | -410.74 | -240.27 | -179.52 | -272.06 | -- | -163.51 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.29 | 0.06 | 0.38 | 0.35 | 10.23 | 7.94 | 6.17 | 15.29 |
| Quick ratioi | 0.23 | 0.06 | 0.29 | 0.14 | 9.15 | 4.16 | 2.31 | 13.07 |
| Debt / assetsi | 195.27 | 783.79 | 20.25 | 17.29 | 3.50 | 4.88 | 3.54 | 6.74 |
| LT debt / equityi | -- | -- | 30.20 | 33.42 | 2.21 | 3.44 | 2.61 | 5.11 |
| Interest coveragei | 4.00 | -5.62 | -- | -9.82 | -78.13 | -221.02 | -- | -- |
| Revenue CAGR (3Y) %i | -- | 152.89 | 22.82 | -- | 243.73 | 125.32 | -- | 125.67 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -48.71 | -56.42 | -34.40 |
| ROA %i | -- | -- | -- | -43.78 | -44.21 | -30.05 |
| ROIC %i | -- | -- | -- | -45.57 | -48.83 | -32.30 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -- | -- | -- | -163.51 | -149.20 | -150.15 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 1.02 | 3.80 | 10.42 | 15.29 | 10.99 | 14.86 |
| Quick ratioi | 0.32 | 2.77 | 8.90 | 13.07 | 7.47 | 11.71 |
| Debt / assetsi | 46.62 | 18.06 | 7.84 | 6.74 | 4.89 | 2.82 |
| LT debt / equityi | 6.36 | 1.75 | 3.23 | 5.11 | 5.16 | 2.66 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 09:18:04 · For reference only, not investment advice and not tailored to your situation.