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Red Cat Holdings, Inc. (RCAT) Graph

RCAT Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2026-06-30: Revenue $20.19M; Cost of revenue $16.93M; Research and development $14.22M; Selling, general and administrative (m).
  • 2026-03-31: Revenue $15.47M; Cost of revenue $13.51M; Research and development $7.97M; Selling, general and administrative (m).
  • 2025-12-31: Revenue $26.23M*; Cost of revenue $25.12M*; Research and development $4.89M*; Selling, general and administrative (m).
  • 2025-09-30: Revenue $9.65M; Cost of revenue $9.01M; Research and development $5.97M; Selling, general and administrative (m).

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

RCAT revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Product$19.71MService$477.00KRevenue$20.19MCost of revenue$16.93MGross profit$3.26MOperating expenses$41.90MOperating income-$38.64MOther income, net$1.48MResearch & development$14.22MPre-tax income-$35.24MIncome tax$23.00KNet income-$35.26M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2026-06-30$20.19M$16.93M$14.22M(m)$41.91M$23.00K-$35.26M
2026-03-31$15.47M$13.51M$7.97M(m)$29.27M$5.00K-$26.55M
2025-12-31$26.23M*$25.12M*$4.89M*(m)$25.05M*-$251.56K*-$19.66M*
2025-09-30$9.65M$9.01M$5.97M(m)$18.17M$694.56K-$16.02M
2025-06-30$3.22M$2.84M$3.60M(m)$13.02M$0.00-$13.28M
2025-03-31$1.63M$2.48M$3.43M(m)$11.63M$0.00-$23.12M
2024-10-31$1.53M$1.56M$2.23M(m)$9.09M(m)-$13.33M
2024-09-30$1.29M$1.68M$1.88M(m)$8.05M$0.00-$12.43M
2024-07-31(m)$3.26M$1.63M(m)$7.24M(m)-$12.42M
2024-06-30(m)$6.15M$289.02K(m)$5.64M(m)-$8.16M
2024-03-31$6.61M$5.49M$2.67M(m)$7.16M(m)-$6.78M
2024-01-31$5.85M$4.75M$2.13M(m)$5.55M(m)-$5.49M
2023-10-31(m)$2.73M$2.22M(m)$6.09M(m)-$5.84M
2023-07-31(m)$1.57M$1.35M(m)$5.51M(m)-$5.84M
2023-01-31$1.67M$1.76M$1.22M(m)$5.09M(m)-$5.67M
2022-10-31$747.61K$623.76K$1.27M(m)$6.47M(m)-$6.24M
2022-07-31$1.13M$1.04M$449.96K(m)$3.56M(m)-$3.81M
2022-01-31$1.86M$1.52M$811.29K(m)$3.50M(m)-$2.56M
2021-10-31$1.86M$1.71M$493.44K(m)$2.91M(m)-$2.74M
2021-07-31$1.40M$1.29M$244.25K(m)$1.78M(m)-$1.56M
2021-01-31$2.15M$1.58M$167.97K(m)$1.72M(m)-$8.98M
2020-10-31$427.81K$328.76K$86.61K(m)$588.94K(m)-$722.28K
2020-07-31$548.28K$446.13K$87.31K(m)$485.39K(m)-$383.24K
2020-01-31$34.54K$16.23K$94.98K(m)$456.92K(m)-$438.62K
2019-10-31(m)(m)$76.72K(m)$216.12K(m)-$216.12K
2019-07-31(m)(m)$185.69K(m)$321.50K(m)-$321.50K
2019-06-30$0.00(m)$145.94K(m)(m)$0.00-$275.04K
2019-03-31$4.81K(m)(m)(m)$131.53K(m)-$288.47K
2019-01-31(m)(m)$107.25K(m)$327.05K(m)-$327.05K
2018-12-31$37.83K*(m)(m)(m)$435.78K*(m)-$1.20M*
2018-10-31(m)(m)$112.10K(m)(m)(m)-$157.88K
2018-09-30$58.38K(m)(m)(m)$325.48K(m)-$511.15K
2018-07-31(m)(m)$107.67K(m)(m)(m)-$146.45K
2018-06-30$0.00(m)$100.16K(m)$436.92K$0.00-$137.47K
2018-03-31(m)(m)(m)(m)$636.50K(m)-$452.08K
2017-12-31$105.00*$32.00*$90.92K*(m)(m)(m)(m)
2017-09-30$340.00$102.00$110.13K(m)$90.28K(m)-$328.23K
2017-06-30$488.00$146.00$344.00K(m)$344.07K(m)$458.86K
2017-03-31(m)(m)(m)(m)$450.77K(m)$1.43M
2016-09-30(m)(m)$205.50K(m)$592.54K(m)-$596.82K
2016-06-30(m)$0.00$149.78K(m)$166.63K$0.00-$170.83K
2016-03-31$0.00$0.00(m)(m)$44.67K$0.00(m)
2015-12-31$0.00*-$5.31K*(m)(m)$73.43K*$0.00*(m)
2015-09-30$19.10K$18.45K(m)(m)$93.48K$0.00(m)
2015-06-30$14.16K$1.94K(m)(m)$54.14K$0.00(m)
2015-03-31$26.14K$24.68K(m)(m)$37.63K$0.00-$58.08K
2014-09-30$25.54K$23.18K(m)(m)$186.30K$0.00(m)
2014-06-30$15.36K$10.13K(m)(m)$41.80K$0.00(m)
2014-03-31$0.00$0.00(m)(m)$16.03K$0.00-$16.54K
2013-09-30$0.00$18.23K(m)$67.90K$8.86K$0.00-$70.11K
2013-06-30$0.00(m)(m)(m)$4.45K$0.00-$8.98K
2013-03-31$10.38K$8.68K(m)(m)$29.78K$0.00(m)
2012-09-30$13.15K$12.71K(m)$35.35K(m)$0.00-$36.22K
2012-06-30$7.82K(m)(m)(m)(m)(m)$22.98K
2011-09-30$21.92K(m)(m)(m)(m)(m)$1.45K
2011-06-30$1.90K(m)(m)(m)(m)(m)-$17.42K

Revenue and expense 4 month

Period endNet income
2024-04-30-$24.05M

Revenue and expense 6 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2026-06-30$35.66M$30.43M$22.19M$71.17M$28.00K-$61.81M
2025-06-30$4.85M$5.32M$7.03M$24.65M$0.00-$36.40M
2024-10-31(m)$4.82M$3.86M$16.34M(m)-$25.75M
2024-06-30(m)$11.64M$2.96M$12.81M(m)-$14.94M
2023-10-31(m)$4.30M$3.58M$11.60M(m)-$11.68M
2022-10-31$1.87M$1.67M$1.72M$10.04M(m)-$10.06M
2021-10-31$3.26M$3.01M$737.70K$4.69M(m)-$4.30M
2020-10-31$976.09K$774.89K$173.92K$1.07M(m)-$1.11M
2019-10-31(m)(m)$262.42K$537.62K(m)-$537.62K
2019-06-30$0.00(m)$295.65K(m)$0.00-$521.55K
2018-10-31(m)(m)$219.26K(m)(m)-$303.83K
2018-06-30$0.00(m)$113.39K$1.07M$0.00-$158.77K
2017-06-30$488.00$146.00$792.89K$794.84K(m)$1.89M
2016-06-30$203.64K$0.00$338.73K$373.80K$0.00-$176.28K
2015-06-30$40.30K$26.63K(m)$91.77K$0.00-$120.50K
2014-06-30$15.36K$10.13K(m)$72.04K$0.00-$67.98K
2013-06-30$0.00(m)(m)$13.78K$0.00-$27.63K
2012-06-30$8.45K(m)(m)(m)(m)$956.89K
2011-06-30$3.80K(m)(m)(m)(m)-$44.58K

Revenue and expense 8 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2024-12-31$4.85M$6.21M$6.61M$24.48M$0.00-$43.61M

Revenue and expense 9 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2025-09-30$14.49M$14.33M$13.00M(m)$42.82M$694.56K-$52.42M
2024-09-30$14.33M$13.33M$4.84M(m)$20.86M$0.00-$27.37M
2024-01-31$11.53M$9.05M$5.25M(m)$16.50M(m)-$16.98M
2023-01-31$3.54M$3.43M$2.94M(m)$15.12M(m)-$15.72M
2022-01-31$5.12M$4.52M$1.55M(m)$8.20M(m)-$6.86M
2021-01-31$3.12M$2.35M$341.89K(m)$2.79M(m)-$10.09M
2020-01-31$34.54K$16.23K$354.15K(m)$994.55K(m)-$976.24K
2019-01-31(m)(m)$258.64K(m)$631.38K(m)-$631.38K
2018-09-30$67.30K(m)(m)(m)$1.40M(m)-$1.44M
2017-09-30$828.00$248.00$903.02K(m)$885.12K(m)$1.56M
2016-09-30$203.64K(m)$544.24K(m)$966.34K(m)-$773.10K
2015-09-30$59.40K$55.08K(m)(m)$175.25K$0.00(m)
2014-09-30$40.90K$29.44K(m)(m)$262.22K$0.00(m)
2013-09-30$0.00$31.53K(m)$113.76K$22.64K$0.00-$99.97K
2012-09-30$21.60K$17.32K(m)$140.77K(m)$0.00$920.67K
2011-09-30$25.71K(m)(m)(m)(m)(m)-$43.13K

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2025-12-31$40.73M$39.45M$17.89M(m)$67.87M$443.00K-$72.07M
2024-04-30$17.84M$14.15M$6.27M(m)$22.98M$0.00-$24.05M
2023-12-31(m)(m)(m)(m)(m)(m)-$27.09M
2023-04-30(m)$5.46M$5.86M(m)$25.50M(m)-$28.11M
2022-04-30$6.43M$5.50M$2.61M(m)$13.93M(m)-$11.69M
2021-04-30$5.00M$3.93M$516.08K(m)$5.95M(m)-$13.24M
2020-04-30$403.94K$325.38K$488.99K(m)$1.71M(m)-$1.60M
2019-04-30(m)(m)$366.59K(m)$751.33K(m)-$751.33K
2018-12-31$105.13K(m)(m)(m)$1.83M(m)-$2.64M
2017-12-31$933.00$280.00$993.93K(m)$1.09M(m)$1.13M
2016-12-31$203.64K(m)$860.53K(m)$1.66M(m)-$3.38M
2015-12-31$59.40K$49.77K(m)(m)$248.67K$0.00(m)
2014-12-31$42.09K$20.08K(m)(m)$417.00K$0.00-$7.36M
2013-12-31$8.47K$0.00(m)(m)$36.54K$9.45K$158.39K
2012-12-31$633.00(m)(m)$230.39K$130.84K$1.65K$851.93K
2011-12-31$7.60K(m)(m)$53.78K(m)(m)-$84.74K
2010-12-31$7.60K(m)(m)(m)(m)(m)-$70.38K

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