Red Cat Holdings

RCAT

Market cap $1.63B

The stock market has been obsessed with artificial intelligence (AI) software for about a year now. Investors have chased algorithms, chatbots, and large language models, often overlooking the physical hardware required to execute modern technology in the real world.

Red Cat pre-announced strong Q4 sales this morning. Red Cat's earnings probably won't be so strong.

SALT LAKE CITY, Jan. 13, 2026 (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 preliminary unaudited revenue results for its fourth quarter and full year ended December 31, 2025. Based on preliminary, unaudited financial data, fourth quarter 2025 revenue is expected to be between $24.0 million and $26.5 million, representing an approximate 1,842% increase compared to the $1.3 million reported in the fourth quarter of 2024.

President Donald Trump sent defense stocks on a rollercoaster on Wednesday after threatening a total ban on stock buybacks and dividends until supply issues are resolved and following up with a proposed 50% increase in the military budget in 2027.

The U.S.'s capture of Venezuela President Nicolás Maduro on Saturday, Jan. 3, triggered a massive rally in drone stocks as markets opened on Monday.

Red Cat Holdings, Inc. is positioned to benefit from the FCC's Section 1709 ruling, which restricts major foreign drone competitors from the U.S. market. RCAT's NDAA-compliant, American-made drones enable expansion into commercial markets previously dominated by Chinese players like DJI and Autel Robotics. Management guides FY25 revenue to $34.5–$37.5 million, requiring a record Q4, with military contracts—especially the Army Short-Range Reconnaissance program—remaining the key growth driver.

The U.S. drone industry got a major boost this week as the Federal Communications Commission (FCC) officially grounded the competition from China.

The FCC just banned foreign drones and foreign drone parts from the U.S. Red Cat Holdings competes with foreign drone manufacturers. These 10 Stocks Could Mint the Next Wave of Millionaires ›

SALT LAKE CITY, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc . (Nasdaq: RCAT), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today responded to the Federal Communications Commission's (FCC) announcement to immediately implement Section 1709 of the FY25 National Defense Authorization Act (NDAA).

Services strengthen cyber resilience for Army's Short-Range Reconnaissance (SRR) program and future unmanned systems across all domains RESTON, Va. , Dec. 16, 2025 /PRNewswire/ -- SpiderOak, a leader in zero-trust cybersecurity solutions for space, aerospace, and defense, announced today that Red Cat Holdings (NASDAQ: RCAT), a recognized industry leader in advanced all-domain drone and robotic solutions for defense and national security, has selected SpiderOak to perform a comprehensive Blue UAS cybersecurity assessment of its Black Widow™ Short-Range Reconnaissance (SRR) platform.