Red Cat Holdings Announces Preliminary Revenue Results for the Fourth Quarter and Full Year 2025

Core Insights - Red Cat Holdings, Inc. reported strong preliminary unaudited revenue results for Q4 and full year 2025, driven by robust demand from defense and government customers, expanding program wins, and rapid production scaling [2][6] - The company anticipates continued growth in 2026, supported by an increased pipeline and improving operating leverage [2] Financial Performance - Q4 2025 revenue is expected to be between $24.0 million and $26.5 million, marking an approximate 1,842% increase from $1.3 million in Q4 2024 [6] - Full year 2025 revenue is projected to be between $38.0 million and $41.0 million, representing an approximate 153% increase compared to $15.6 million for the full year 2024 [6] Company Overview - Red Cat Holdings, Inc. specializes in advanced all-domain drone and robotic solutions for defense and national security, operating through subsidiaries Teal Drones and FlightWave Aerospace [3] - The company develops American-made hardware and software for military, government, and public safety operations across air, land, and sea, with a focus on small unmanned aircraft systems (sUAS) and uncrewed surface vessels (USVs) [3]