CPI Aerostructures vs Red Cat Holdings
CPI Aerostructures is the larger business, with $69.3m of revenue in fiscal 2025 against $40.7m for Red Cat Holdings (1.7 times as much). Red Cat Holdings grew faster (128.3% against -14.6%). CPI Aerostructures kept more of each dollar of sales as profit: a net margin of -1.2% against -177.0%.
| Latest fiscal year | CPI AerostructuresCVU, 2025 | Red Cat HoldingsRCAT, 2025 |
|---|---|---|
| Revenue | $69.3m | $40.7m |
| Revenue growth | -14.6% | 128.3% |
| Net income | −$843,361 | −$72.1m |
| Operating margin | -0.3% | — |
| Net margin | -1.2% | -177.0% |
| Return on equity | -3.3% | -49.8% |
| Free cash flow | −$5.3m | −$95.8m |
| Cash | — | — |
| Total debt | $10.0m | $4.9m |
| Debt to equity | 38.7% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 192 | 244 |
| Market value | $63.9m | $689m |
| Price vs our value range | Above our value range | — |
| Moat score | 34 (Weak) | 17 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 8 sales |