Red Cat Holdings Inc (RCAT)

Over the past six months, Red Cat Holdings' stock price has experienced significant volatility and growth, showing a 111.17% increase. In October 2025, the stock price was around $11.47 after reaching an all-time high of $16.70 earlier in the month. In September 2025, Red Cat Holdings reported $2.8 million in revenue for Q1 fiscal 2025, a 59% year-over-year increase, but also reported a negative gross margin of -17%. The company held a Town Hall Meeting in August 2025. In May 2025, an analysis noted the stock was up about 300% in the last six months, and the company announced a move into unmanned surface vessels (USVs). In April 2025, Red Cat Holdings reported Q3 2025 earnings of -$0.15 per share, missing estimates, and revenue of $3.22 million, also below estimates, and announced the successful launch of its Long Beach factory.

There is no explicit information indicating significant demand seasonality for Red Cat Holdings, Inc.'s products and services. Demand appears to be driven more by government contracts, defense spending, and the ongoing need for drone technology rather than seasonal fluctuations.

Red Cat Holdings, Inc. is a drone technology company specializing in robotic hardware and software for military, government, and commercial use. The company's products include the Black Widow ISR system, TRICHON VTOL drone, FANG FPV drones, Teal 2 and Teal 3 drones, Edge 130 Blue hybrid VTOL airplane, the ARACHNID family of ISR and precision strike systems, the Warfighter Electronic Bridge ground control station, and Dronebox blockchain technology for flight data. The company has shifted its focus to primarily serve the military, government, and commercial sectors.

Red Cat Holdings, Inc. is headquartered in San Juan, Puerto Rico. The company provides products, services, and solutions to the drone industry in the United States and engages in contracts with foreign navies allied to the United States.

Red Cat Holdings has generally seen positive market sentiment, with analysts rating it as a "strong buy" due to its innovative products and growth in the defense technology sector. Its inclusion in the Russell Microcap Index increased its visibility. However, a critical report from Fuzzy Panda made allegations about the company, the departure of Teal Drones founder George Mus was seen as a potential red flag, the company has experienced net losses and a short cash runway, and there is a heavy reliance on government contracts.

Major owners of Red Cat Holdings, Inc. include Jeffrey Thompson (15.09%), BlackRock Advisors LLC (5.624%), Vanguard Fiduciary Trust Co. (4.468%), State Street Corp. (2.43%), and Manulife Financial Corp. (0.03%). Institutional ownership accounts for 26.86%, while individuals hold 16.87%. Insider shareholders account for 15.30% and institutional shareholders for 37.97% of the company.