Last quarter (Q2 2025), Red Cat Holdings's total revenue was $1.53M, a decrease of -60.96% from the same quarter last year. In Q2, Red Cat Holdings's net income was $-13.33M. See Red Cat Holdings’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Apr 24	Apr 23	Apr 22	Apr 21	Apr 20
Total Revenue	$ 16.47M	$ 17.84M	$ 4.62M	$ 6.43M	$ 5.00M	$ 403.94K
Cost of Revenue	$ 14.67M	$ 14.16M	$ 5.46M	$ 5.50M	$ 3.93M	$ 325.38K
Gross Profit	$ 1.80M	$ 3.68M	$ -834.31K	$ 925.51K	$ 1.07M	$ 78.56K
Operating Expense	$ 26.95M	$ 21.56M	$ 24.54M	$ 13.93M	$ 5.95M	$ 1.71M
Operating Income	$ -37.71M	$ -21.53M	$ -26.38M	$ -13.00M	$ -4.88M	$ -1.63M
Net Non Operating Interest Income Expense	$ 12.13K	$ -68.61K	$ -122.00K	$ -147.72K	$ -5.85M	$ -29.19K
Other Income Expense	$ 15.68M	$ 12.92M	$ 2.74M	$ 1.46M	$ 2.49M	$ -57.22K
Pretax Income	$ -32.24M	$ -21.53M	$ -26.38M	$ -11.69M	$ -13.24M	$ -1.60M
Tax Provision	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Earnings From Equity Interest Net Of Tax	$ -5.25M	$ -503.63K	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ -38.31M	$ -24.05M	$ -28.11M	$ -11.69M	$ -13.24M	$ -1.60M
Basic EPS	$ -0.54	$ -0.40	$ ―	$ ―	$ -0.56	$ 0.12
Diluted EPS	$ -0.54	$ -0.40	$ ―	$ ―	$ -0.56	$ 0.12
Basic Average Shares	$ 76.18M	$ ―	$ ―	$ ―	$ 23.66M	$ 13.73M
Diluted Average Shares	$ 76.18M	$ ―	$ ―	$ ―	$ 23.66M	$ 13.73M
Dividend Per Share	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ 41.62M	$ 35.71M	$ 29.99M	$ 19.43M	$ 9.88M	$ 2.03M
Net Income From Continuing And Discontinued Operation	$ -38.31M	$ -24.05M	$ -28.11M	$ -11.69M	$ -13.24M	$ -1.60M
Normalized Income	$ -22.96M	$ -8.83M	$ ―	$ ―	$ ―	$ ―
Interest Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBIT	$ -36.64M	$ -21.46M	$ -26.25M	$ -11.54M	$ -12.01M	$ -1.57M
EBITDA	$ -35.03M	$ -20.03M	$ -25.29M	$ -11.28M	$ -11.98M	$ -1.57M

Currency in USD

Red Cat Holdings Earnings and Revenue History

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