Red Cat Holdings, Inc. (RCAT) Revenue History
Annual and quarterly revenue from 2015 to 2026
Compound Annual Growth Rate (CAGR)
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RCAT Revenue Growth
Revenue Breakdown (FY 2023)
RCAT's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
RCAT Revenue Analysis (2015–2026)
As of May 8, 2026, Red Cat Holdings, Inc. (RCAT) generated trailing twelve-month (TTM) revenue of $40.7 million. The most recent quarter (Q3 2026) recorded $26.2 million in revenue, up 172.0% sequentially.
Looking at the longer-term picture, RCAT's 5-year compound annual growth rate (CAGR) stands at +52.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $40.7 million in 2026, representing a new all-time high.
Revenue diversification analysis shows RCAT's business is primarily driven by Corporate and Other (50%), Consumer (27%), and Other Segments (23%).
When compared to Technology sector peers including AVAV (+116.9% YoY), JOBY (+69873.9% YoY), and ACHR. Compare RCAT vs AVAV →
RCAT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RCATCurrent | $41M | - | +52.1% | -163.5% | |
 AVAV | $821M | +116.9% | +17.4% | 5.0% | |
 JOBY | $53M | +69873.9% | - | -1346.9% | |
 ACHR | $300,000 | - | - | -243100.0% | |
 ONDS | $7M | +208.4% | +86.3% | -481.2% | |
 UMAC | $11M | - | - | -224.6% |
RCAT Historical Revenue Data (2015–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $40.7M | +459.8% | $1.3M | 3.1% | $-66,597,000 | -163.5% |
| 2025 | $7.3M | -59.2% | $-2,034,110 | -28.0% | $-38,761,964 | -532.8% |
| 2024 | $17.8M | +286.0% | $3.7M | 20.6% | $-17,876,212 | -100.2% |
| 2023 | $4.6M | -28.1% | $-834,311 | -18.1% | $-26,337,828 | -570.0% |
| 2022 | $6.4M | +28.6% | $926K | 14.4% | $-13,002,286 | -202.2% |
| 2021 | $5.0M | +1137.7% | $1.1M | 21.4% | $-4,876,610 | -97.5% |
| 2020 | $404K | +284.2% | $79K | 19.4% | $-1,629,960 | -403.5% |
| 2019 | $105K | +11167.8% | $-246,714 | -234.7% | $-2,228,506 | -2119.8% |
| 2018 | $933 | -99.5% | $653 | 70.0% | $-185,403 | -19871.7% |
| 2017 | $204K | +3032.9% | $98K | 48.0% | $-1,452,308 | -713.2% |
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Start ComparisonRCAT — Frequently Asked Questions
Quick answers to the most common questions about buying RCAT stock.
Is RCAT's revenue growth accelerating or slowing?
RCAT TTM revenue: $41M. YoY growth: N/A. 5-year CAGR: +52.1%.
What is RCAT's long-term revenue growth rate?
Red Cat Holdings, Inc.'s 5-year revenue CAGR of +52.1% reflects the variable expansion pattern. Current YoY growth of N/A is near this long-term average.
How is RCAT's revenue distributed by segment?
RCAT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2026 are available for download. Segment mix reveals concentration and diversification trends.