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Red Cat Holdings, Inc. revenue

Red Cat Holdings, Inc.'s revenue was $40.7m in fiscal 2025, up 128.3% on the year before. Since fiscal 2010 ($7,600) it has grown at a compound 84.7% a year. Over the last twelve months it was $71.5m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Red Cat Holdings, Inc.: revenue history, annual
Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182020Apr 20202021Apr 20212022Apr 20222023Apr 20232024Apr 20242025Dec 2025LTMJun 2026
Revenue0000000000565184172
Growth on the year before—0.0%−91.7%+>999%+397.2%+41.1%+242.8%−99.5%+>999%+284.2%+>999%+28.6%−28.1%+286.0%+128.3%—
Gross profit—0000000−0011−1417

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $37.9M 93.0% —
Services $2.9M 7.0% —

From Red Cat Holdings, Inc.'s 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Aerospace & Defense: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Red Cat Holdings, Inc. $71.5m 242.8% 915.9%
CPI Aerostructures Inc $73.6m 2.6% -5.4%
Park Aerospace Corp $80.6m 27.7% 13.3%
XTI Aerospace, Inc. $81.6m 2587.0% 79.1%
Spire Global, Inc. $62.4m -33.1% -9.7%
Ehang Holdings Ltd $58.2m -8.3% —

Compare with peers

Head to head: CVU vs RCATPKE vs RCATRCAT vs XTIA

More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies

Figures from Red Cat Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Red Cat Holdings, Inc.