Red Cat Holdings Inc. (NASDAQ:RCAT) shares are trading higher Tuesday, even as the stock remains stuck in a longer-term downtrend following the drone maker's second-quarter earnings miss. Here's what you should know.

Red Cat Holdings has achieved explosive revenue growth, with TTM revenue up 459.8% YoY to $40.7M, driven by government orders. However, the company remains deeply unprofitable, with gross margins near zero (3.1% TTM) and operating losses of $27.3M in 2027Q1. T...
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | -$0.26-27.5% vs -$0.20 | $20M-10.9% vs $23M |
Q2 2026 May 7, 2026 | -$0.22-57.1% vs -$0.14 | $15M-31.5% vs $23M |
Q2 2026 Mar 30, 2026 | -$0.22-39.0% vs -$0.16 | $2M-96.8% vs $51M |
Q2 2026 Mar 18, 2026 | -$0.17-21.4% vs -$0.14 | $10M-59.2% vs $24M |
Red Cat Holdings Inc. (NASDAQ:RCAT) shares are trading higher Tuesday, even as the stock remains stuck in a longer-term downtrend following the drone maker's second-quarter earnings miss. Here's what you should know.

A science-fiction future is becoming increasingly possible in the present, thanks to rapid advancements in high-energy lasers for military and defense applications. Thanks to major gains in fiber laser technology, tracking, optics, and thermal management, these tools are becoming a reality as potential counter-drone measures, with other applications on the way.
The transaction was valued at $552,500. Liuzza traded shares equal to 13% of the direct equity stake held before the filing.
AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) stock is down 4% to $142.
Benchmark RCAT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Red Cat Holdings, Inc. (RCAT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $6.94 | $838.67M | -11.57 | 459.81% | -176.96% | -48.71% | — | |
| $156.15 | $7.9B | -28.92 | 140.89% | -10.13% | -4.64% | — | |
| $6.44 | $6.33B | -5.70 | 39183.09% | -755.11% | -58.25% | — | |
| $5.69 | $4.32B | -5.75 | — | -11589.86% | -40.74% | — | |
| $7.72 | $4.4B | -12.45 | 605.28% | 96.25% | 18.43% | — | |
| $24.03 | $1.17B | -32.47 | 105.54% | -20.29% | -0.01% | — |
Red Cat Holdings, Inc. (RCAT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Red Cat Holdings, Inc. (RCAT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jul 22, 2026·SEC
Jun 25, 2026·SEC
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Red Cat Holdings, Inc. (RCAT) stock FAQ — growth, dividends, profitability & financials explained
Red Cat Holdings, Inc. (RCAT) reported $38.0M in revenue for fiscal year 2026. This represents a 3824% increase from $1.0M in 2004.
Red Cat Holdings, Inc. (RCAT) grew revenue by 459.8% over the past year. This is strong growth.
Red Cat Holdings, Inc. (RCAT) reported a net loss of $71.9M for fiscal year 2026.
Red Cat Holdings, Inc. (RCAT) has a return on equity (ROE) of -48.7%. Negative ROE indicates the company is unprofitable.
Red Cat Holdings, Inc. (RCAT) had negative free cash flow of $153.6M in fiscal year 2026, likely due to heavy capital investments.