# Red Cat Holdings share price today (Red Cat Holdings, Inc., RCAT)

> Red Cat Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RCAT · Industrials · Aerospace & Defense · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/rcat

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## Key numbers

- Price: $4.46 (−60.4% in a year)
- Revenue (Jun 2026): $20.2 M (+527.2% on a year ago)
- Profit (Jun 2026), incl. one-off: −$35.3 M (one-off item, see below)
- Operating margin: −191.4% (+201.5 points on a year ago)
- ROE: −29%, FY25
- ROIC: −22.2%, against a 12.3% cost of capital: −34.5 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Red Cat Holdings share price today? Red Cat Holdings, Inc.'s share price was $4.46 at the close on 3 November 2026. That is 57.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between $4 and $16, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 1 year the share price moved −48% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Red Cat Holdings pay? Red Cat Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Red Cat Holdings on? Red Cat Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Red Cat Holdings profitable? Red Cat Holdings, Inc. posted a net loss of $35.3 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $72.1 M. That loss is 174.6% of the quarter's revenue. The same quarter a year earlier lost $13.3 M. 12 of the last 12 reported quarters were loss-making. Read this profit with care: at −$35.3 M it is bigger than the quarter's whole revenue of $20.2 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −191.4% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Red Cat Holdings make, and is it growing? Red Cat Holdings, Inc. reported $20.2 M of revenue in the Jun 2026 quarter, +527.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 68.9% a year on average. The last full year, FY25, came in at $40.7 M. The last four reported quarters add to $71.5 M. FY25 revenue was $40.7 M, +459.8% on the year before. Recent pace: the last four quarters grew +674.3% on average, against 68.9% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Red Cat Holdings keep? Red Cat Holdings, Inc.'s operating margin was −191.4% in the Jun 2026 quarter, 201.5 percentage points higher than the same quarter a year ago. Across 6 years it has been between −530.9% and −97.5%. The latest quarter is within that range. Why the margin moved: operating margin changed +201.5 percentage points on the year while gross margin changed +4.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Red Cat Holdings' profit turning into cash? Red Cat Holdings, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $89.1 M of cash, against −$72.1 M of profit. After $6.6 M of spending on assets, free cash was −$95.8 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Red Cat Holdings' cash go? Red Cat Holdings, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $7.2 M on assets over the last 3 years. Averaged over those years that is 5.9% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $7.2 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Red Cat Holdings' P/E ratio, and how does it compare with its own history? Red Cat Holdings, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Red Cat Holdings, Inc. at 16.7× its FY25 revenue of $40.7 M. The P/E comes back here once profit turns positive. ## Is the Red Cat Holdings business getting better or worse? Red Cat Holdings, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Red Cat Holdings earn on its capital? Red Cat Holdings, Inc. earned a ROE of −29% in FY25. That is up from a low of −131% in FY24. Its return on capital used (ROIC) is 34.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −177.0% net margin and 0.15× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −177.0% net margin × 0.15× asset turnover × 1.11× leverage (assets divided by equity) ≈ −29.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −22.2% − 12.3% = −34.5 percentage points. The 12.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Red Cat Holdings have too much debt? Red Cat Holdings, Inc. has total debt of $14.9 M against shareholder equity of $471 M as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.04 in FY22 to 0.07 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Red Cat Holdings shareholding pattern? 26.9% of Red Cat Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Red Cat Holdings from balance-sheet trouble? For Red Cat Holdings, Inc., the Z-score is 13.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 13.73 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Red Cat Holdings rank in its industry? There is no score against its industry: Red Cat Holdings, Inc. is not among the largest members shown in this industry comparison for Aerospace & Defense. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Red Cat Holdings compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Red Cat Holdings in size? Red Cat Holdings is the 50th largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: York Space Systems, Inc., Sturm, Ruger & Company, Inc. and Smith & Wesson Brands, Inc. Just below it: The Elmet Group Co., Park Aerospace Corp. and Satellogic Inc. ### Aerospace & Defense companies close in size

1. [York Space Systems, Inc.](https://www.sectoralpha.in/us/stocks/yss) $837 million
2. [Sturm, Ruger & Company, Inc.](https://www.sectoralpha.in/us/stocks/rgr) $721 million
3. [Smith & Wesson Brands, Inc.](https://www.sectoralpha.in/us/stocks/swbi) $709 million
4. Red Cat Holdings, Inc. $681 million
5. [The Elmet Group Co.](https://www.sectoralpha.in/us/stocks/elmt) $672 million
6. [Park Aerospace Corp.](https://www.sectoralpha.in/us/stocks/pke) $576 million
7. [Satellogic Inc.](https://www.sectoralpha.in/us/stocks/satl) $506 million

[All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies)

### Companies close in size in other industries

1. [ACNB Corporation](https://www.sectoralpha.in/us/stocks/acnb) $682 million · Banks - Regional
2. [BlackSky Technology Inc.](https://www.sectoralpha.in/us/stocks/bksy) $681 million · Specialty Business Services
3. Red Cat Holdings, Inc. $680 million
4. [Third Coast Bancshares, Inc.](https://www.sectoralpha.in/us/stocks/tcbx) $678 million · Banks - Regional
5. [Natural Grocers by Vitamin Cottage, Inc.](https://www.sectoralpha.in/us/stocks/ngvc) $677 million · Grocery Stores

## What else do people ask about Red Cat Holdings? ### What were Red Cat Holdings's latest quarterly results? Red Cat Holdings, Inc. reported revenue of $20.2 M and a net loss of $35.3 M for the Jun 2026 quarter. Earnings per share were −$0.26. The operating margin was −191.4%, 201.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is Red Cat Holdings's market cap? Red Cat Holdings, Inc.'s market capitalisation is $681 M at a stock price of $4.46. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Red Cat Holdings performing? Red Cat Holdings, Inc.'s latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Red Cat Holdings's stock price go up? This page does not forecast Red Cat Holdings, Inc.'s stock price. What it shows instead: the stock price is $4.46. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Red Cat Holdings in its business cycle? Red Cat Holdings, Inc.'s FY25 operating margin was −163.5%, against a 6-year range of −530.9% to −97.5%: the middle of its own range, neither a peak nor a low. The latest quarter was −191.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Red Cat Holdings story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Red Cat Holdings a stock worth studying right now? What the numbers show: Red Cat Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.