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AI brief of an SEC Form 8-K · Red Cat Holdings, Inc. (RCAT)

Red Cat Q2 revenue rises 527% to $20.2 million; net loss widens to $35.3 million

Mixed Impact 3 of 5 earnings Written later

Red Cat Holdings reported second-quarter 2026 revenue of $20.2 million, up 527% from the prior-year quarter, with gross margin of 16.1%. The net loss widened to $35.3 million, or $0.26 per share, from $13.3 million, or $0.15 per share, a year earlier. The company reaffirmed its full-year 2026 revenue target of $150 million to $180 million and reported cash of $325.6 million at June 30, 2026.

Key points

  • Q2 2026 revenue was $20.2 million versus $3.2 million in Q2 2025; gross profit was $3.3 million.
  • Net loss was $35.3 million, or $0.26 per share, compared with $13.3 million, or $0.15 per share, in Q2 2025.
  • Full-year 2026 target revenue of $150 million to $180 million was reaffirmed.
  • Cash totaled $325.6 million at June 30, 2026, compared with $167.9 million at December 31, 2025.

The filing

CompanyRed Cat Holdings, Inc. (RCAT)
Form8-K, current report
Filed with the SECAug 6, 2026, 4:26 PM ET
Accession number0001628280-26-054364

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.