Red Cat Holdings, Inc. (RCAT) quarterly cash flow statement — complete operating, investing & financing history
Red Cat Holdings, Inc. (RCAT) cash flow statement — 23-year operating, investing & financing cash flows
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Cash from Operations | -78.75M | -78.75M | - | -36.48M | -23.85M | -12.9M | -15.91M | -16.04M | -10.14M | -2.19M | -4.45M | -4.35M | -4.52M | -7.28M | -7.8M | -7.86M | -8.72M | -5.28M | -3.98M | -3.59M |
| Operating CF Margin % | -390.06% | -509.01% | - | -139.04% | -247.26% | -400.7% | -976.09% | -1201.67% | -660.66% | -79.03% | -67.28% | -74.44% | -114.89% | -416.57% | -723.32% | -471.36% | -1166.42% | -468.99% | -303.32% | -193.14% |
| Operating CF Growth % | -230.16% | -510.6% | - | - | -135.24% | -487.76% | -257.48% | -268.38% | -124.52% | 69.87% | 42.98% | 44.62% | 48.21% | -37.83% | -96.08% | -119.2% | -93.99% | -29.69% | -725.79% | -928.83% |
| Net Income | -61.81M | -61.81M | - | -19.66M | -16.02M | -13.28M | -23.12M | -38.05M | -13.33M | -8.16M | -5.41M | -4.19M | -5.08M | -5.84M | -11.37M | -5.67M | -6.24M | -3.59M | -4.83M | -2.56M |
| Depreciation & Amortization | 2.28M | 1.47M | - | 611K | 542.32K | 523.39K | 588K | 908.06K | 372.23K | 474.05K | 413.62K | 350.89K | 338.8K | 318.37K | 359.17K | 295.31K | 227.16K | 84.43K | 197.94K | 28.76K |
| Stock-Based Compensation | 9.86M | 9.86M | - | 0 | 3.62M | 0 | 1.6M | 3.11M | 1.3M | 958.41K | 0 | 585.77K | 1.2M | 911.61K | 865.77K | 788.69K | 1.25M | 0 | 1.23M | 0 |
| Deferred Taxes | 0 | 0 | - | -251.56K | 694.56K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -588K | -126K | - | 66.57K | -996.33K | 2.82M | 10.7M | 19.02M | 4.23M | 1.22M | 641.5K | -146.81K | -10.6K | -501.64K | 2.79M | 343.33K | -2.89M | -609.62K | 858.78K | -358.3K |
| Working Capital Changes | -28.49M | -28.14M | - | -17.25M | -11.7M | -2.96M | -5.67M | -1.03M | -2.71M | 3.31M | -97.32K | -953.77K | -958.78K | -2.17M | -451.28K | -3.62M | -1.06M | -1.17M | -1.44M | -691.77K |
| Change in Receivables | 16.64M | 16.64M | - | -20.05M | -5.09M | 541.82K | -1.06M | 5.64M | -284.62K | 3.68M | -1.13M | -2.1M | -2.27M | -780 | 1.28M | -1.18M | -186.26K | -257.3K | 396.45K | -497.77K |
| Change in Inventory | -49.94M | -49.94M | - | -809.89K | -6.47M | -2.32M | -904K | -8.82M | -1.4M | -2.46M | 2.82M | 162.43K | 120.75K | -455.87K | -2.69M | -2.12M | -846.04K | -273.44K | -1.56M | -354.17K |
| Change in Payables | 9.07M | 9.07M | - | 643.68K | 1.49M | -37.81K | -531K | 0 | -491.26K | 501.15K | -700.24K | 663.52K | 795.68K | 0 | -445.54K | 0 | 0 | -154.14K | 0 | -696.87K |
| Cash from Investing | -12.98M | -12.98M | - | -5.4M | -669.59K | -306.52K | -273K | 1.1M | -23.84K | -11.07K | 924.01K | 2.58M | 5.18M | 4.88M | 7.29M | 10.34M | 4.3M | 7.66M | 1.91M | -48.54M |
| Capital Expenditures | -12.56M | -12.56M | - | -5.4M | -669.59K | -306.52K | -273K | -96.31K | -23.84K | -11.07K | -75.99K | -44.67K | -134.81K | -5.05K | -714.33K | -454.95K | -735.99K | -544.94K | -271.11K | -92.58K |
| CapEx % of Revenue | 62.2% | 81.16% | - | 20.57% | 6.94% | 9.52% | 16.75% | 7.22% | 1.55% | 0.4% | 1.15% | 0.76% | 3.43% | 0.29% | 66.2% | 27.28% | 98.45% | 48.37% | 20.66% | 4.99% |
| Acquisitions | -427K | -427K | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | -250K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | - | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 | 0 | 0 | 0 | 4.89M | 0 | 10.79M | 5.04M | 0 | 2.18M | 0 |
| Cash from Financing | 253.31M | 249.42M | - | 3.31M | 165.02M | 71.41M | 14.75M | 29.79M | 7.04M | -150.67K | -259.04K | 8.19M | -211.49K | 91.31K | -122.3K | -164.2K | -243.54K | -215.65K | -957.04K | 47.68M |
| Debt Issued (Net) | -18K | 18K | - | 12.78M | 567.12K | -1.65M | 15M | 16K | 7.44M | -150.67K | -147.15K | -144.65K | -141.14K | 0 | -134.97K | -131.16K | 0 | -215.65K | -235.21K | -476.58K |
| Equity Issued (Net) | 249.01M | 264.33M | - | 3.31M | 177.48M | 73.06M | 316K | 0 | -7.31K | -7.77K | 0 | 8.4M | -7.77K | -8.52K | 0 | -33.05K | -91.78K | 0 | -720.26K | 0 |
| Dividends Paid | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -14.6M | 679K | - | 0 | 0 | 0 | 0 | 0 | -7.31K | -7.77K | 0 | 0 | 0 | -8.52K | 0 | -33.05K | -91.78K | 0 | -720.26K | 0 |
| Other Financing | 4.33M | -14.93M | - | -12.78M | -13.03M | 0 | -567K | 29.77M | -389.62K | 7.77K | -111.89K | -67.58K | -62.58K | 99.83K | 12.68K | 0 | -151.77K | 0 | -1.56K | 48.15M |
| Net Change in Cash | 157.69M | 157.69M | - | -38.56M | 140.5M | 58.21M | -1.43M | 6.05M | -3.12M | -2.36M | -3.25M | 6.29M | 462.51K | -2.31M | -632.86K | 2.31M | -4.66M | 2.16M | -3.03M | -4.45M |
| Free Cash Flow | -91.31M | -91.31M | - | -41.88M | -24.52M | -13.2M | -16.18M | -16.13M | -10.16M | -2.21M | -4.53M | -4.4M | -4.65M | -7.29M | -8.52M | -8.32M | -9.46M | -5.83M | -4.25M | -3.68M |
| FCF Margin % | -452.26% | -590.18% | - | -159.62% | -254.21% | -410.23% | -992.84% | -1208.89% | -662.21% | -79.43% | -68.43% | -75.2% | -118.32% | -416.86% | -789.53% | -498.64% | -1264.87% | -517.37% | -323.98% | -198.13% |
| FCF Growth % | -272.35% | -591.53% | - | - | -141.28% | -498.71% | -257.51% | -266.83% | -118.52% | 69.74% | 46.87% | 47.11% | 50.82% | -25.03% | -100.38% | -126.05% | -110.37% | -40.91% | -782.03% | -955.39% |
| FCF per Share | -0.67 | -0.67 | - | -0.35 | -0.25 | -0.14 | -0.19 | -0.19 | -0.13 | -0.03 | -0.06 | -0.08 | -0.08 | -0.13 | -0.16 | -0.15 | -0.17 | -0.11 | -0.08 | -0.07 |
| FCF Conversion (FCF/Net Income) | 2.23x | 2.97x | - | 1.86x | 1.49x | 0.97x | 0.69x | 0.97x | 0.76x | 0.18x | 0.66x | 0.79x | 0.77x | 1.25x | 0.63x | 1.39x | 1.40x | 1.39x | 0.82x | 1.40x |
| Interest Paid | 0 | 0 | - | 0 | 0 | 8.27K | 0 | 12.21K | 8.27K | 9.91K | 0 | 0 | 0 | 22.59K | 25.1K | 34.14K | 26.78K | 0 | 137.01K | 0 |
| Taxes Paid | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |