Red Cat Holdings financials
$6.45−0.77%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Apr 30 | FY23 Apr 30 | FY22 Apr 30 | FY21 Apr 30 |
|---|---|---|---|---|---|
| Revenue | $40.7M | $17.8M | $4.6M | $6.4M | $5.0M |
| Gross profit | $1.3M | $3.7M | -$834.3K | $925.5K | $1.1M |
| Gross margin | 3.1% | 20.6% | −18.1% | 14.4% | 21.4% |
| Operating income | -$66.6M | -$17.9M | -$25.4M | -$13.0M | -$4.9M |
| Net income | -$72.1M | -$24.1M | -$28.1M | -$11.7M | -$13.2M |
| Net margin | −177.0% | −134.9% | −608.3% | −181.8% | −264.7% |
| Diluted EPS | $-0.73 | $-0.40 | $-0.52 | $-0.24 | $-0.56 |
| EBITDA | -$64.3M | -$16.0M | -$21.6M | -$12.7M | -$4.8M |
| Operating cash flow | -$89.1M | -$18.6M | -$29.2M | -$16.9M | -$1.4M |
| Free cash flow | -$95.8M | -$18.8M | -$31.6M | -$17.2M | -$1.4M |
| Diluted shares | 99.0M | 60.1M | 53.9M | 48.2M | 23.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Apr 30 | Apr 30 | Apr 30 |
|---|---|---|---|---|---|
| Cash & equivalents | $167.9M | $9.2M | $3.2M | $4.1M | $277.3K |
| Short-term investments | $0.00 | $0.00 | $12.8M | $44.8M | $0.00 |
| Total debt | $4.9M | $350.0K | $1.3M | $1.9M | $269.0K |
| Total assets | $273.7M | $55.6M | $60.7M | $85.1M | $11.7M |
| Total liabilities | $27.8M | $5.5M | $6.0M | $7.2M | $6.4M |
| Shareholders' equity | $245.8M | $50.1M | $54.8M | $77.9M | $5.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology