RCAT
Red Cat Holdings, Inc. Information Technology Services-Prepackaged Software Russell 3000
$4.63Close
$555.9MMarket cap
$4.37 – $17.3652-week range
Nov 16, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 2 · weaker than 98% of stocks over 12 months
- Far from its high 73% below its 52-week high
- Distribution down-day volume 1.8× up-day volume over 50 sessions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
73%
1wk
up 4.5%
price change
1mo
down 28.3%
price change
12-month return
down 56%
market up 11% ·
its own down 70%
F-score
—
— Not assessed
Altman Z″
10.37
Low risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
2.3×
price / book
Earnings yield
down 12.0%
EBIT / enterprise value
Cheaper than
26%
of the market · expensive
Revenue growth
up 128%
year on year
EPS growth
—
latest quarter
Sales growth
up 527%
latest quarter · -322 pts
ROE
down 50%
return on equity
Free cash margin
down 235%
-$95.8M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Trade setup
ATR%
8.3%
$0.38 a day · 2×ATR $3.86
RS
2 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
0.7×
vs 50-day average
Up/down volume
0.55
50 sessions
Implied move
—
no option chain · report Nov 16, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 61.6% over the year, from 74m to 120m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Gross margin narrowing Gross margin fell from 20.6% to 3.1%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Aug 6, 2026
Last shock
Sep 16, 2026-11% in one session2.4× volumeno filing matched-35% since
Financials
- Gross 3%
- Net -177%
- Free cash -235%
- Cash
- Long-term debt
| FY2021Apr 30, 2021 | FY2022Apr 30, 2022 | FY2023Apr 30, 2023 | FY2023Dec 31, 2023 | FY2024Apr 30, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.0M | $6.4M | $1.3M | — | $17.8M | $40.7M |
| Gross margin | 21% | 14% | -64% | — | 21% | 3% |
| Operating income | — | — | -$26.3M | — | -$19.3M | -$66.6M |
| Net income | -$13.2M | -$11.7M | -$28.1M | -$27.1M | -$24.1M | -$72.1M |
| Net margin | -265% | -182% | -2142% | — | -135% | -177% |
| Earnings per share | — | — | -$0.52 | — | -$0.40 | -$0.73 |
| Free cash flow | -$1.4M | -$16.4M | -$31.6M | — | -$18.0M | -$95.8M |
| Free cash margin | -28% | -255% | -2412% | — | -101% | -235% |
| Cash | $277,347 | $4.1M | $3.2M | — | $6.1M | — |
| Long-term debt | — | $973,707 | $401,569 | — | $370,537 | — |
| Shareholders' equity | $5.3M | $79.1M | $54.8M | $51.8M | $43.6M | $245.8M |
| Shares outstanding | 29.43m | 53.75m | 54.57m | — | 74.29m | 120.07m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Mar 19, 2026 | Annual ↗ | Dec 31, 2025 | 78d |
| Nov 13, 2025 | Quarterly ↗ | Sep 30, 2025 | 44d |
| Aug 14, 2025 | Quarterly ↗ | Jun 30, 2025 | 45d |
| May 14, 2025 | Quarterly ↗ | Mar 31, 2025 | 44d |
| Mar 31, 2025 | Annual ↗ | Dec 31, 2024 | 90d |
| Dec 16, 2024 | Quarterly ↗ | Oct 31, 2024 | 46d |
| Sep 23, 2024 | Quarterly ↗ | Jul 31, 2024 | 54d |
| Aug 8, 2024 | Annual ↗ | Apr 30, 2024 | 100d |
| Mar 18, 2024 | Quarterly ↗ | Jan 31, 2024 | 47d |
| Dec 15, 2023 | Quarterly ↗ | Oct 31, 2023 | 45d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 23, 2026 | Material agreement · Other events ↗ |
| Aug 6, 2026 | Results ↗ |
| Jul 22, 2026 | Director or officer change · Other events ↗ |
| Jun 25, 2026 | Shareholder vote ↗ |
| May 20, 2026 | Acquisition or disposal · Unregistered share sale · Regulation FD ↗ |
| May 18, 2026 | Other events ↗ |
| May 14, 2026 | Material agreement · Other events ↗ |
| May 11, 2026 | Other events ↗ |
| May 7, 2026 | Results ↗ |
| Mar 31, 2026 | Material agreement ↗ |
| Mar 31, 2026 | Other events ↗ |
| Mar 18, 2026 | Results ↗ |