Red Cat Holdings (RCAT) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$0.26
- EPS estimate
- −$0.20
- EPS surprise
- −32.18%
- Revenue surprise
- −10.88%
- Revenue
- $20.2M
- Revenue estimate
- $22.7M
- Reported
- Aug 6, 2026
Red Cat reported Q2 2026 results on August 6, 2026, with a loss of $0.26 per share against an expected loss of $0.20, a 32.18% miss. Revenue was $20.2 million, below the $22.7 million estimate. A year earlier, in Q2 2025, the loss was $0.15 per share on revenue of $3.2 million.
Red Cat reported a loss in all 12 quarters in the table. The record has gaps: there are no rows between Q1 2024, reported in September 2023, and Q1 2025, and the older rows follow a different reporting rhythm. The six quarters from Q1 2025 to Q2 2026 form a continuous run. Over that stretch, revenue grew from $1.6 million to a high of $26.2 million in Q4 2025. The year 2025 as a whole brought $40.6 million in revenue and a loss of $0.75 per share. First-half 2026 revenue was $35.7 million, against $4.8 million a year earlier. The company missed the EPS estimate in 11 of the 12 quarters shown.
Q3 2025 results came out on November 13, 2025, which points to mid-November 2026 for the next report if that timing holds. It will show whether revenue keeps building from the $20.2 million of Q2.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 6, 2026 | −$0.20 | −$0.26 | −32.18% | $20.2M | SEC |
| Q1 2026 | May 7, 2026 | −$0.13 | −$0.22 | −76.00% | $15.5M | SEC |
| Q4 2025 | Mar 18, 2026 | −$0.15 | −$0.17 | −13.33% | $26.2M | SEC |
| Q3 2025 | Nov 13, 2025 | −$0.09 | −$0.16 | −74.03% | $9.6M | SEC |
| Q2 2025 | Aug 14, 2025 | −$0.12 | −$0.15 | −26.52% | $3.2M | SEC |
| Q1 2025 | May 14, 2025 | −$0.11 | −$0.27 | −157.52% | $1.6M | SEC |
| Q1 2024 | Sep 19, 2023 | −$0.05 | −$0.06 | −20.00% | $6.7M | SEC |
| Q4 2022 | Jul 27, 2022 | −$0.06 | −$0.21 | −250.00% | $2.2M | — |
| Q3 2022 | Mar 17, 2022 | −$0.09 | −$0.10 | −11.11% | $3.1M | — |
| Q2 2022 | Dec 20, 2021 | −$0.04 | −$0.12 | −200.00% | $1.5M | — |
| Q1 2022 | Sep 20, 2021 | −$0.03 | −$0.07 | −133.33% | $3.1M | — |
| Q4 2021 | Aug 12, 2021 | −$0.10 | −$0.10 | +0.40% | $1.3M | — |
Quarterly revenue
Frequently asked questions
When did Red Cat Holdings (RCAT) last report earnings?
Red Cat Holdings last reported on Aug 6, 2026, covering fiscal Q2 2026.
Did RCAT beat earnings estimates?
No. Red Cat Holdings reported EPS of −$0.26 for Q2 2026 against a −$0.20 estimate — a 32.18% miss.
How much revenue did RCAT report last quarter?
Red Cat Holdings reported $20.2M in revenue for Q2 2026, against a consensus estimate of $22.7M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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