# Red Cat Holdings (RCAT) — Earnings

RCAT · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/rcat/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| 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 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/748268/000162828026054368/rcat-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/919d7fb2-244e-fa5e-29e0-f4d4fc6b5514.html) |

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

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | −$0.20 | −$0.26 | -32.18% | $22.7M | $20.2M |
| Q1 2026 | May 7, 2026 | −$0.13 | −$0.22 | -76.00% | $17.6M | $15.5M |
| Q4 2025 | Mar 18, 2026 | −$0.15 | −$0.17 | -13.33% | $23.9M | $26.2M |
| Q3 2025 | Nov 13, 2025 | −$0.09 | −$0.16 | -74.03% | $8.4M | $9.6M |
| Q2 2025 | Aug 14, 2025 | −$0.12 | −$0.15 | -26.52% | $7.7M | $3.2M |
| Q1 2025 | May 14, 2025 | −$0.11 | −$0.27 | -157.52% | $2.4M | $1.6M |
| Q1 2024 | Sep 19, 2023 | −$0.05 | −$0.06 | -20.00% | $6.6M | $6.7M |
| Q4 2022 | Jul 27, 2022 | −$0.06 | −$0.21 | -250.00% | $4.2M | $2.2M |
| Q3 2022 | Mar 17, 2022 | −$0.09 | −$0.10 | -11.11% | $2.6M | $3.1M |
| Q2 2022 | Dec 20, 2021 | −$0.04 | −$0.12 | -200.00% | $3.6M | $1.5M |
| Q1 2022 | Sep 20, 2021 | −$0.03 | −$0.07 | -133.33% | $2.6M | $3.1M |
| Q4 2021 | Aug 12, 2021 | −$0.10 | −$0.10 | 0.40% | $3.4M | $1.3M |

## 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.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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Data provided by [AInvest](https://www.ainvest.com).