Business
Red Cat Reports Q1 2026; Q1 Revenue Growth of 849% Y/Y; Q1 Gross Margins Increase of 64.8 Percent Points Y/Y; Gross Margins Increase 199% Sequentially From Q4 2025
SALT LAKE CITY, May 07, 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, reports its financial results for the quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Total revenue was $15.5 million, representing an increase of 849% from $1.6 million for the prior year quarter. Gross profit was $2.0 million, representing an increase
About this update from Red Cat Holdings, Inc.
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