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Other financials

Income statement

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Revenue$20.2M+527%
Gross profit$3.3M+770%
Operating income-$38.6M-206%
Net income-$35.3M-166%
EPS (diluted)-$0.26-73.3%

Balance sheet

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Cash & equivalents$325.6M+394%
Total debt$15.8M-28.1%
Total equity$471.2M+393%
Total assets$527.5M+335%

Cash flow

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Operating cash flow-$46.8M-263%
Free cash flow-$52.6M-298%

Valuation

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Market cap$1.32B+41.4%
Enterprise value$1.01B+13.6%
P/S18.4×-83.4×

Profitability

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Gross margin9.7%+5.4pp
Operating margin-150.2%-65.2pp
Net margin-136.3%-63.2pp
FCF margin-220.4%-84.0pp

Returns & leverage

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Return on equity-34.4%-14.6pp
Debt / equity-0.2×
Current ratio14.9×+11.1×

Where this comes from

Reported directly by Red Cat Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: Red Cat Holdings, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054368
(in thousands)Six months ended June 30, 2026Six months ended June 30, 2025
Net cash used in operating activities(78,749)(28,805)
Cash Flows from Investing Activities
Cash paid for acquisition, net of cash acquired(427)
Purchases of property and equipment(12,557)(580)
Net cash used in investing activities(12,984)(580)
Cash Flows from Financing Activities
Proceeds from issuance of common stock through public offerings258,75076,750
Payment of costs related to public offerings(13,512)(4,982)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Red Cat Holdings, Inc.'s capex?
Red Cat Holdings, Inc. (RCAT) reported capex of $5.77M in Q2 2026.
How has Red Cat Holdings, Inc.'s capex changed year-over-year?
Red Cat Holdings, Inc.'s capex increased by 1780.8% year-over-year, from $307K to $5.77M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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