Companies: 10,795·Total market cap: $144.5T
Red Cat Holdings, Inc.

Red Cat Holdings, Inc.

RCATNASDAQTechnology● Active
$12.71
+$0.03(+0.20%)
Market Cap$1.4B
P/E Ratio—
52W High$18.78
52W Low$5.77
Net IncomeFinancialsRevenue

Red Cat Holdings, Inc. (RCAT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

RCAT · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$72.1M for FY2025 (fiscal year ending 2025-12-31), down 10.2% year-over-year. Net profit margin was -177.0%. Based on available data, Red Cat Holdings, Inc. has been profitable since at least 2012.

FY2025 Net Income−$72.1M▼ -10.2% YoY
Trailing 12M (TTM)−$85.3Mtrailing 4 quarters sum
Net Profit Margin-177.0%−$72.1M ÷ $40.7M
YoY Change-10.2%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · RCAT net income history · RCAT profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$72.1M▼ 10.2%-177.0%
FY2025Loss−$65.4M▼ 172.0%-899.2%
FY2024Loss−$24.1M▲ +14.4%-134.8%
FY2023Loss−$28.1M▼ 140.5%-608.3%
FY2022Loss−$11.7M▲ +11.7%-181.8%

Net income vs peers (Technology)

#CompanyNet IncomeYoY
#1
Red Cat Holdings, Inc.
Red Cat Holdings, Inc.YOU
RCAT
−$72.1M-10.2%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.74T+49.8%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$120.07B+64.7%#4
Apple Inc.
Apple Inc.
AAPL
$112.01B+19.5%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$101.83B+15.5%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$23.13B+292.3%
Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Red Cat Holdings, Inc. (RCAT) reported net income of −$72.1M for FY2025 (fiscal year ending 2025-12-31), down 10.2% year-over-year. The net profit margin was -177.0% — meaning the company kept $-1.77 of every dollar of revenue as profit.

Based on available data, Red Cat Holdings, Inc. has been profitable since at least 2012. Net income reached a peak of $1.1M in FY2017. Data available for 15 fiscal years.

Red Cat Holdings, Inc.'s net profit margin was -177.0% for FY2025, based on the latest annual results.

Investors sometimes search for "Red Cat Holdings, Inc. net worth" — the company's market capitalization is a separate figure from RCAT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

RCAT net income · 4 questions

Red Cat Holdings, Inc. is not currently profitable on an annual basis. The company reported a net loss of $72.1M for FY2025.

is RCAT profitabledoes RCAT make a profitRCAT profitabilityRCAT profitable company

▸ Source: FMP /income-statement · GAAP · Red Cat Holdings, Inc. · Red Cat Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026