RCAT
Neutral signalScored 2026-10-21 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
Research, not advice.
À propos
Red Cat Holdings, Inc.
- Nom
- Red Cat Holdings, Inc.
- Secteur
- Industrials
- Industrie
- Aerospace & Defense
- Bourse
- NASDAQ
- Capitalisation
- $681.9M
- Employés
- 244
- PDG
- Jeffrey Thompson
- Site web
- https://www.redcat.red
- Marché
- AVAVEHMRLNONDSPRZOPUSA
Red Cat Holdings, Inc. (RCAT) operates as a multifaceted provider within the drone industry, offering a comprehensive suite of products, services, and innovative solutions. The company develops and supplies unmanned aerial vehicle (UAV) technology tailored for both commercial and government sectors, addressing critical applications such as reconnaissance, public safety, and detailed inspection. Its product portfolio also includes immersive First Person View (FPV) video goggles, alongside specialized software and hardware designed to enable drones to perform inspection tasks even in environments where global positioning systems are inaccessible. Furthermore, Red Cat Holdings actively markets and sells FPV drones and related equipment, predominantly serving the consumer marketplace. The company's operations are headquartered in San Juan, Puerto Rico.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 300 000 titres (~1 837 500,00 $ US)
- Insiders
- Thompson Jeffrey M
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$4,752,350
Avg sell (VWAP, 90d window) $8.05 vs last close $4.40 (-45.4%)
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$2,728,500 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-10-15
- Liquidity
- Liquid $27,954,164/day · 20d vol
- Last synced
-
2026-10-26 21:10:54
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-10-15 | Thompson Jeffrey M | Sell · S | 150,000 | $4.51 | $676,500 | Form 4 |
| 2026-09-15 | Thompson Jeffrey M | Sell · S · 10b5-1 | 150,000 | $7.74 | $1,161,000 | Form 4 |
| 2026-08-28 | Liuzza Nicholas Reyland JR | Sell · S | 65,000 | $8.50 | $552,500 | Form 4 |
| 2026-08-17 | Thompson Jeffrey M | Sell · S · 10b5-1 | 150,000 | $10.45 | $1,567,500 | Form 4 |
| 2026-08-11 | Liuzza Nicholas Reyland JR | Sell · S | 55,000 | $10.63 | $584,650 | Form 4 |
| 2026-08-11 | Moe Christopher R. | Sell · S | 20,000 | $10.51 | $210,200 | Form 4 |
| 2025-08-25 | Moe Christopher R. | Sell · S | 10,000 | $10.04 | $100,400 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-10-21 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
RCAT's strong liquidity (score 85) is offset by deeply deteriorating fundamentals (score 35), with persistent negative margins, extreme cash conversion cycles exceeding 400 days, and heavy cash burn that raise serious…
The first sentence of the analysis written for RCAT on 2026-10-21 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Timing Pulls against a bullish reading. Close is more than 0.5 ATR under stored support
- Financial indicators Unavailable or mixed. Current ratio 15.29 · operating margin -164% — readings disagree
Suggested stop 3.88, 1.5 ATR under the last close(11.9% under the last close). Reward/risk to the next stored resistance is 5.14. Research, not advice. Not an order.
Recent news
- 2026-10-19 Red Cat Announces Proposed Voluntary Public Purchase Offer for Steyr Motors Proposed transaction represents a strategic investment in Austria and would support Steyr Motors'' long-term growth and Red Cat''s Blue Ops uncrewed surface vessel strategy Proposed transaction represents a strategic investment in Austria and would support Steyr Motors'' long-term growth and Red Cat''s Blue Ops uncrewed surface vessel strategy
- 2026-10-12 Ondas Climbs 4% on Palantir-Powered Regna AI Venture, Red Cat Barely Budges After TRICHON Drone Debut Ondas Inc. (NASDAQ:ONDS) stock is up 4% to $7 in morning trading after the announcement of Regna AI, a new AI venture powered by Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction).
- 2026-10-08 Ondas Adds $165M in New Orders, Boosts 2027 Revenue Visibility ONDS secures more than $270 million in orders since June 30, strengthening revenue visibility into 2027 amid broad-based defense demand.
- 2026-10-07 AeroVironment Is Now Down 43% This Year. Is It Time to Sell This Dropping Drone Stock? A restatement at AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) is the easiest explanation for a hard year. However, two drone and defense peers that never restated anything have fallen right alongside the company.
- 2026-10-02 Which Drone Stock Is Dominating in 2026: Red Cat, Ondas, or AeroVironment? Drone stocks entered 2026 with rising defense demand for autonomous systems, counter-drone protection and domestic supply chains behind them, yet the best-known names in the group have spent the year moving backward.
- 2026-10-02 Blue Ops to Bring Maritime Defense Operations to FAU Harbor Branch BOCA RATON, Fla., Oct. 2, 2026 /PRNewswire/ -- Florida Atlantic University and Blue Ops, a maritime division of Red Cat Holdings, Inc. (Nasdaq: RCAT), have established a strategic partnership that will bring the company''s uncrewed maritime systems operations to FAU''s Harbor Branch Oceanographic Institute in Fort Pierce, creating a hub for research, development, testing, training and collaboration in ocean technology, autonomous systems and national defense.
- 2026-10-01 Red Cat''s Blue Ops Expands Maritime Defense Operations Through Strategic Partnership with Florida Atlantic University FAU Harbor Branch adds deep-water access and maritime testing capabilities to Blue Ops'' growing U.S. footprint supporting the development and production of autonomous systems for U.S. and allied forces FAU Harbor Branch adds deep-water access and maritime testing capabilities to Blue Ops'' growing U.S. footprint supporting the development and production of autonomous systems for U.S. and allied forces
- 2026-10-01 Unusual Machines Tumbles 8% Despite Pentagon’s Autonomous Warfare Push; AeroVironment Eases, Red Cat Pulls Back The Pentagon handed drone suppliers the autonomous warfare announcement they craved, yet one stock with a 75% year-to-date gain is tumbling while its rivals barely flinch. The gap between winners and losers inside the drone sector reveals something the policy headlines are not saying outright.
- 2026-09-30 Red Cat''s USV Mix: Could Blue Ops Accelerate Margin Gains in H2? RCAT''s Blue Ops USV revenues and production ramp could support margin expansion, with overall gross margin expected to reach about 30% toward the end of 2026.
- 2026-09-29 Red Cat''s 2026 Target Requires a Sharp H2 Ramp: Can It Deliver? RCAT needs a sharp second-half revenue ramp to hit its $150-$180M 2026 target, backed by capacity, inventory and expanding defense demand.
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 3.1% | -28.0% | 20.6% | -18.1% | 14.4% | |
| Ebit Margin | -175.9% | -530.9% | -97.9% | -508.8% | -179.5% | |
| Ebitda Margin | -170.3% | -501.7% | -89.9% | -487.9% | -175.4% | |
| Operating Profit Margin | -163.5% | -532.8% | -100.2% | -570.0% | -202.2% | |
| Pretax Profit Margin | -175.9% | -899.2% | -120.7% | -570.8% | -181.8% | |
| Continuous Operations Profit Margin | -177.0% | -899.2% | -120.7% | -570.8% | -181.8% | |
| Net Profit Margin | -177.0% | -899.2% | -134.9% | -608.3% | -181.8% | |
| Bottom Line Profit Margin | -177.0% | -899.2% | -120.7% | -570.8% | -181.8% | |
| Current Ratio | 15.286 | 6.173 | 6.134 | 7.944 | 10.231 | |
| Quick Ratio | 13.706 | 3.074 | 3.941 | 5.742 | 9.515 | |
| Solvency Ratio | -2.507 | -11.541 | -4.550 | -4.542 | -1.595 | |
| Cash Ratio | 11.307 | 2.190 | 1.662 | 0.784 | 0.751 | |
| Price To Earnings Ratio | -13.217 | -15.118 | -3.825 | -1.735 | -8.458 | |
| Price To Earnings Growth Ratio | 0.449 | -0.134 | 0.208 | -0.017 | 0.148 | |
| Forward Price To Earnings Growth Ratio | 0.449 | -0.134 | 0.208 | -0.017 | 0.148 | |
| Price To Earnings Diluted Ratio | -13.217 | -15.118 | -3.825 | -1.735 | -8.458 | |
| Price To Earnings Diluted Growth Ratio | 0.449 | -0.134 | 0.208 | -0.017 | 0.148 | |
| Price To Book Ratio | 3.853 | 19.752 | 2.111 | 0.836 | 1.256 | |
| Price To Sales Ratio | 23.256 | 136.069 | 5.157 | 9.908 | 15.226 | |
| Price To Free Cash Flow Ratio | -9.889 | -47.825 | -4.887 | -1.420 | -5.975 | |
| Price To Operating Cash Flow Ratio | -10.627 | -48.206 | -4.955 | -1.537 | -6.111 | |
| Debt To Assets Ratio | 0.067 | 0.035 | 0.047 | 0.049 | 0.044 | |
| Debt To Equity Ratio | 0.075 | 0.039 | 0.052 | 0.054 | 0.048 | |
| Debt To Capital Ratio | 0.070 | 0.038 | 0.050 | 0.051 | 0.046 | |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | 0.000 | 0.007 | 0.022 | |
| Financial Leverage Ratio | 1.113 | 1.109 | 1.114 | 1.109 | 1.092 | |
| Working Capital Turnover Ratio | 0.349 | 0.360 | 0.761 | 0.118 | 0.273 | |
| Operating Cash Flow Ratio | -6.004 | -4.914 | -5.084 | -7.353 | -2.945 | |
| Operating Cash Flow Sales Ratio | -2.188 | -2.823 | -1.041 | -6.445 | -2.492 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.075 | 1.008 | 1.014 | 1.082 | 1.023 | |
| Debt Service Coverage Ratio | -14.341 | -104.295 | -19.557 | -21.592 | -10.209 | |
| Interest Coverage Ratio | 0.000 | 0.000 | -260.552 | -215.877 | -88.017 | |
| Short Term Operating Cash Flow Coverage Ratio | -18.310 | -58.674 | -24.698 | -32.296 | -16.741 | |
| Operating Cash Flow Coverage Ratio | -4.835 | -10.435 | -8.180 | -10.044 | -4.302 | |
| Capital Expenditure Coverage Ratio | -13.410 | -125.562 | -71.631 | -12.155 | -44.047 | |
| Dividend Paid And Capex Coverage Ratio | -13.410 | -125.562 | -71.631 | -12.155 | -44.047 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | -11.501 | -26.923 | -5.498 | -2.021 | -8.649 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 3.1% | ▲31.1% | ▲4.7% |
| Ebit Margin | -175.9% | ▲355.0% | ▲122.7% |
| Ebitda Margin | -170.3% | ▲331.4% | ▲114.7% |
| Operating Profit Margin | -163.5% | ▲369.3% | ▲150.2% |
| Pretax Profit Margin | -175.9% | ▲723.3% | ▲213.8% |
| Continuous Operations Profit Margin | -177.0% | ▲722.2% | ▲212.9% |
| Net Profit Margin | -177.0% | ▲722.2% | ▲223.3% |
| Bottom Line Profit Margin | -177.0% | ▲722.2% | ▲212.9% |
| Current Ratio | 15.286 | ▲9.113 | ▲6.132 |
| Quick Ratio | 13.707 | ▲10.632 | ▲6.511 |
| Solvency Ratio | -2.507 | ▲9.034 | ▲2.440 |
| Cash Ratio | 11.307 | ▲9.117 | ▲7.968 |
| Price To Earnings Ratio | -13.217 | ▲1.901 | ▼-4.746 |
| Price To Earnings Growth Ratio | 0.449 | ▲0.584 | ▲0.318 |
| Forward Price To Earnings Growth Ratio | 0.449 | ▲0.584 | ▲0.318 |
| Price To Earnings Diluted Ratio | -13.217 | ▲1.901 | ▼-4.746 |
| Price To Earnings Diluted Growth Ratio | 0.449 | ▲0.584 | ▲0.318 |
| Price To Book Ratio | 3.853 | ▼-15.899 | ▼-1.709 |
| Price To Sales Ratio | 23.256 | ▼-112.813 | ▼-14.667 |
| Price To Free Cash Flow Ratio | -9.889 | ▲37.936 | ▲4.110 |
| Price To Operating Cash Flow Ratio | -10.627 | ▲37.580 | ▲3.660 |
| Debt To Assets Ratio | 0.067 | ▲0.032 | ▲0.019 |
| Debt To Equity Ratio | 0.075 | ▲0.036 | ▲0.021 |
| Debt To Capital Ratio | 0.070 | ▲0.032 | ▲0.019 |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | ▼-0.006 |
| Financial Leverage Ratio | 1.113 | ▲0.004 | ▲0.006 |
| Working Capital Turnover Ratio | 0.348 | ▼-0.012 | ▼-0.024 |
| Operating Cash Flow Ratio | -6.004 | ▼-1.090 | ▼-0.744 |
| Operating Cash Flow Sales Ratio | -2.188 | ▲0.634 | ▲0.809 |
| Free Cash Flow Operating Cash Flow Ratio | 1.075 | ▲0.067 | ▲0.034 |
| Debt Service Coverage Ratio | -14.341 | ▲89.954 | ▲19.658 |
| Interest Coverage Ratio | 0.000 | 0.000 | ▲112.889 |
| Short Term Operating Cash Flow Coverage Ratio | -18.310 | ▲40.364 | ▲11.834 |
| Operating Cash Flow Coverage Ratio | -4.835 | ▲5.600 | ▲2.724 |
| Capital Expenditure Coverage Ratio | -13.410 | ▲112.152 | ▲39.951 |
| Dividend Paid And Capex Coverage Ratio | -13.410 | ▲112.152 | ▲39.951 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | -11.501 | ▲15.422 | ▼-0.582 |
Key metrics
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Market cap | $947.2M | $990.0M | $92.0M | $45.8M | $97.9M | |
| Enterprise value | $797.8M | $982.8M | $88.2M | $45.6M | $97.5M | |
| EV / Sales | 19.59x | 135.08x | 4.94x | 9.86x | 15.17x | |
| EV / Op. cash flow | -8.95x | -47.86x | -4.75x | -1.53x | -6.09x | |
| EV / Free cash flow | -8.33x | -47.48x | -4.68x | -1.41x | -5.95x | |
| EV / EBITDA | -11.50x | -26.92x | -5.50x | -2.02x | -8.65x | |
| Net debt / EBITDA | 2.15x | 0.20x | 0.24x | 0.01x | 0.03x | |
| Current ratio | 15.29x | 6.17x | 6.13x | 7.94x | 10.23x | |
| Income quality | 1.24x | 0.31x | 0.77x | 1.06x | 1.37x | |
| Graham net-net | $1 | $0 | $0 | $0 | $1 | |
| Tax burden | 100.6% | 100.0% | 111.7% | 106.6% | 100.0% | |
| Interest burden | 100.0% | 169.4% | 123.3% | 112.2% | 101.3% | |
| Working capital | $212.1M | $21.6M | $18.7M | $28.1M | $50.2M | |
| Invested capital | $257.6M | $51.1M | $35.5M | $56.3M | $79.6M | |
| Return on assets | -26.3% | -117.7% | -49.6% | -46.3% | -13.7% | |
| Operating ROA | -40.4% | -74.4% | -32.7% | -36.1% | -26.9% | |
| Return on tangible assets | -28.9% | -221.9% | -67.5% | -76.3% | -20.4% | |
| Return on equity | -29.3% | -130.5% | -55.2% | -51.3% | -15.0% | |
| Return on invested capital | -25.2% | -74.4% | -39.0% | -45.6% | -16.1% | |
| Return on capital employed | -25.7% | -75.4% | -39.8% | -46.5% | -16.3% | |
| Earnings yield | -7.6% | -6.6% | -26.1% | -61.4% | -11.9% | |
| Free cash flow yield | -10.1% | -2.1% | -20.5% | -70.4% | -16.7% | |
| Capex / Op. cash flow | -7.5% | -0.8% | -1.4% | -8.2% | -2.3% | |
| Capex / Depreciation | 293.5% | 7.7% | 18.2% | 253.6% | 137.3% | |
| Capex / Sales | 16.3% | 2.2% | 1.5% | 53.0% | 5.7% | |
| SG&A / Sales | 122.7% | 366.6% | 85.5% | 363.9% | 155.0% | |
| R&D / Sales | 43.9% | 136.3% | 35.3% | 126.8% | 40.5% | |
| Stock comp / Sales | 25.9% | 84.6% | 20.2% | 80.0% | 51.2% | |
| Intangibles / Total assets | 9.0% | 47.0% | 26.5% | 39.4% | 32.7% | |
| Days sales outstanding | 234d | 25d | 133d | 69d | 52d | |
| Days payables outstanding | 33d | 80d | 41d | 93d | 68d | |
| Operating cycle | 451d | 532d | 340d | 666d | 310d | |
| Cash conversion cycle | 418d | 452d | 299d | 573d | 243d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years