Red Cat reports Q2 EPS (15c), consensus (12c)

Reports Q2 revenue $3.22M, consensus $7.72M. “Red Cat (RCAT) is at the forefront of a major transformation in unmanned systems,” said Jeff Thompson, CEO of Red Cat. “With our AS9100 certification, strategic partnerships, and expansion into uncrewed surface vessels, we’re entering the second half of 2025 in a strong position. Recent developments-including Secretary Hegseth’s announcement on drone dominance, the executive order on shipbuilding, our new Army contract, and a significantly expanded 2026 budget for SRR-signal that next year is shaping up to be a breakthrough moment for Red Cat and the industry as a whole.”