Red Cat Holdings

RCAT

Market cap $831M

SAN JUAN, Puerto Rico, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced two strategic leadership transitions designed to strengthen operational execution and financial performance as the Company accelerates growth. Christian Ericson, Red Cat's current Chief Financial Officer (CFO), has been promoted to the new role of Chief Operating Officer (COO).

My bull case on Red Cat Holdings hinges on Black Widow snapping back into clean deliveries in 2026. The 6–7 week delay was an external factor. I downgraded to a cautious buy after FY25 revenue guidance was cut to $34.5M–$37.5M, from $80M–$120M, reflecting the heavy Black Widow concentration. The Edge 130 reconfiguration removed the expected $25M FY25 FlightWave contribution, and management gave no firm redesign timeline.

Red Cat has sharply declined to $6 despite strong momentum in the U.S. drone market and new product launches. The drone manufacturer reported record Q3 revenue with growth of 646% YoY, but 2025 guidance was cut significantly due to government contract delays. The company is expanding into uncrewed surface vessels, targeting a $150 million opportunity, and maintains a robust $213 million cash balance.

Red Cat Holdings, Inc. reported a Q3 '25 EPS loss and revenue miss, causing RCAT shares to drop 12% post-earnings. RCAT is expanding aggressively, doubling production space and launching a maritime division, but faces execution and profitability risks. Despite a strong cash position and robust demand, RCAT's valuation remains high, with the market pricing in substantial future growth.

Red Cat Holdings, Inc. ( RCAT ) Financial Results for 2024 Transition Period Conference Call March 31, 2025 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Conference Call Participants Glenn Mattson - Ladenburg Thalmann Mike Latimore - Northland Capital Markets Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings December 31st, 2024, Eight Months Stub Period Financial Results and Corporate Update Conference Call.

Red Cat Holdings, Inc. ( RCAT ) Q3 2025 Earnings Call November 13, 2025 4:30 PM EST Company Participants Jeffrey Thompson - Founder, President, CEO & Chairman Christian Ericson - Chief Financial Officer Conference Call Participants Austin Bohlig - Needham & Company, LLC, Research Division Mike Latimore - Northland Capital Markets, Research Division Glenn Mattson - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good afternoon, and welcome to Red Cat's Third Quarter 2025 Earnings Conference Call. My name is Steve, and I'll be your operator for today's call.

SAN JUAN, Puerto Rico, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) ("Red Cat" or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, reports its financial results for the third quarter ended September 30, 2025. Business and Financial Highlights Q3 quarterly revenue grew 646% year over year and 200% over the prior quarter to $9.6 million, beating consensus expectations.

Defense stock Red Cat Holdings Inc (NASDAQ:RCAT) has pulled back from its Oct. 9 record high of $16.70, last seen down 4% to trade at $8.79 today.

SAN JUAN, Puerto Rico, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, is proud to support and salute America's warfighters this Veteran's Day. Red Cat's mission is to support those who serve – both on the front lines and the home front.

RCAT is set to report Q3 results, with revenues expected to more than double. However, higher costs are likely to have weighed on margins.