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Red Cat Stock Up Despite Mixed Q4 Earnings: Details
Benzinga· 2026-03-18 20:26
Financial Performance - Red Cat reported quarterly losses of 17 cents per share, missing the analyst consensus estimate of a loss of 15 cents [1] - Quarterly revenue was $26.24 million, exceeding the Street estimate of $23.92 million and significantly up from $1.26 million in the same period last year [1] Annual Growth - For the full year 2025, total revenue reached $40.7 million, marking a 161% increase or $25.1 million from $15.6 million in the prior year [2] - The CEO of Red Cat, Jeff Thompson, highlighted 2025 as a transformative year, strengthening the company's position as a trusted provider of advanced drone solutions for defense and government customers [2] Product Development and Market Expansion - Red Cat achieved year-over-year revenue growth of 161%, launched the FANG™ FPV platform, and expanded its relationship with the Army [3] - The company received its first order for 100 Black Widows through the NSPA, indicating growing international demand for its products [3] - Red Cat's stock price increased by 3.24% to $17.50 in extended trading [3]
Red Cat Reports Record Q4 Revenue Growth and 161% Full-Year Revenue Increase YoY; Increased Production Capacity by 520% With Momentum Building Into 2026
Globenewswire· 2026-03-18 20:05
SALT LAKE CITY, March 18, 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, reports its financial results for the year ended December 31, 2025. Fourth Quarter and Full-Year 2025 Financial Highlights Fourth quarter 2025 total revenue was $26.2 million, representing an increase of 1,985% or $24.9 million from $1.3 million in the prior year. Fourth quarter 2025 ...