Red Cat Holdings Announces Preliminary Revenue Results for the Fourth Quarter and Full Year 2025
Rhea-AI Summary
Red Cat Holdings (Nasdaq: RCAT) announced preliminary unaudited revenue for Q4 and full year 2025. Q4 2025 revenue is expected to be $24.0M–$26.5M, ~1,842% higher than Q4 2024. Full year 2025 revenue is expected to be $38.0M–$41.0M, ~153% higher than full year 2024.
Management attributed the gains to robust demand from defense and government customers, expanding program wins, and increased production scale. The figures are preliminary and unaudited and may be adjusted after completion of annual audit and financial close procedures.
Positive
- Q4 revenue expected at $24.0M–$26.5M (≈+1,842% YoY)
- FY 2025 revenue expected at $38.0M–$41.0M (≈+153% YoY)
- Growth driven by defense and government demand and expanding program wins
Negative
- Results are preliminary unaudited and may be adjusted after audit
- Reported figures do not represent a comprehensive financial statement for FY2025
News Market Reaction
On the day this news was published, RCAT gained 9.38%, reflecting a notable positive market reaction. Argus tracked a peak move of +11.9% during that session. Argus tracked a trough of -3.9% from its starting point during tracking. Our momentum scanner triggered 57 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $142M to the company's valuation, bringing the market cap to $1.66B at that time. Trading volume was elevated at 2.5x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: EH +5.64%, LUNR +4.46% versus RDW -5.83%, EVEX -0.22%, MOBBW -3.44%. With no peers in the momentum scanner and divergent directions, trading in RCAT appears more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | Regulatory positioning | Positive | -0.4% | Company highlighted benefits from FCC implementation of NDAA Section 1709. |
| Dec 16 | Cybersecurity assessment | Positive | -1.5% | Selected SpiderOak for Blue UAS cybersecurity assessment of Black Widow platform. |
| Dec 16 | Investor conference | Neutral | -1.5% | Announced CEO/CFO presentation and meetings at Needham Growth Conference. |
| Dec 02 | Leadership changes | Neutral | -0.1% | Promoted existing CFO to COO and appointed new CFO to support execution. |
| Nov 11 | Veterans initiative | Positive | -5.3% | Announced veterans outreach fundraising exceeding <b>$13,000</b> for charities. |
Recent news, often operationally positive, has frequently been followed by flat to negative 24h price reactions, suggesting a tendency toward muted or contrarian responses to corporate announcements.
Over the last six months, RCAT has focused on regulatory positioning, cybersecurity validation, investor outreach, leadership optimization, and brand-building initiatives. Key steps include support for Section 1709 enforcement, a Blue UAS cybersecurity assessment for Black Widow, and participation in the Needham Growth Conference on Jan 14, 2026. Leadership transitions on Dec 2, 2025 and ongoing veterans outreach reflect organizational scaling and stakeholder engagement leading into the current preliminary 2025 revenue update.
Regulatory & Risk Context
RCAT has an active S-3 shelf registration dated 2025-09-15, with subsequent 424B5 takedowns on 2025-09-17 and 2025-09-18. This framework enables the company to issue registered securities over time, supporting capital raises for initiatives such as the FlightWave acquisition and related growth investments.
Market Pulse Summary
The stock moved +9.4% in the session following this news. A strong positive reaction aligns with the substantial revenue acceleration signaled by preliminary Q4 2025 and full-year 2025 figures, both far above 2024 levels. Prior earnings updates produced an average move of 7.11%, so outsized volatility could also reflect positioning and the existing capital-raising capacity under the S-3 shelf. Investors have previously reacted inconsistently to good news, which could influence how durable such a move becomes.
Key Terms
preliminary unaudited financial
operating leverage financial
unmanned systems technical
AI-generated analysis. Not financial advice.
SALT LAKE CITY, Jan. 13, 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, today announced preliminary unaudited revenue results for its fourth quarter and full year ended December 31, 2025.
- Based on preliminary, unaudited financial data, fourth quarter 2025 revenue is expected to be between
$24.0 million and$26.5 million , representing an approximate 1,842% increase compared to the$1.3 million reported in the fourth quarter of 2024. - Based on preliminary, unaudited financial data, full year 2025 revenue is expected to be between
$38.0 million and$41.0 million , representing an approximate153% increase compared to the$15.6 million reported for the full year 2024.
“These preliminary unaudited results for the fourth quarter and full year 2025 reflect strong execution across the business. This outperformance was driven by robust demand from defense and government customers, expanding program wins, and our ability to rapidly scale production to meet mission-critical requirements,” said Jeff Thompson, CEO of Red Cat. “As we look ahead into 2026, we see continued growth, supported by an increased pipeline, improving operating leverage, and our expanding role as a trusted provider of next-generation unmanned systems.”
The Company’s preliminary unaudited fourth quarter and full year 2025 revenue results are based on current expectations and may be adjusted as a result of, among other things, completion of annual audit procedures. This financial information does not represent a comprehensive statement of the Company’s financial results for the fourth quarter or full year 2025 and remains subject to the completion of financial closing procedures and internal reviews.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat develops American-made hardware and software that support military, government, and public safety operations across air, land, and sea. Its Family of Systems, led by Black Widow™, delivers unmatched tactical capabilities in small, unmanned aircraft systems (sUAS). Expanding into the maritime domain through Blue Ops, Inc., Red Cat is also innovating in uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness. Learn more at www.redcat.red.
Safe Harbor Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. The preliminary financial results, and all other statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. These risks and uncertainties include, but are not limited to, risks related to the finalization of financial results for the fourth quarter and year ended December 31, 2025. As a result, the preliminary financial results contained in this press release may materially differ from the actual results that will be reflected in the consolidated financial statements for the fiscal year 2025 when they are completed and publicly disclosed. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Company’s periodic reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.
Investor Contact:
Ankit Hira
Solebury Strategic Communications for Red Cat Holdings, Inc.
E-mail: RCAT@soleburystrat.com
Media Contact:
Peter Moran
Phone: (347) 880-2895
Email: peter@indicatemedia.com
FAQ
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