Company

Red Cat Holdings, Inc. (RCAT)

Standardized SEC financial data for Red Cat Holdings, Inc. — income statement, balance sheet, cash flow and 40+ ratios, available as a clean JSON API. CIK 0000748268 · NASDAQ · Services-Prepackaged Software.

Gross margin

3.1%

Operating margin

-163.5%

Net margin

-177.0%

Revenue growth (YoY)

128.3%

Return on equity

-29.3%

ROIC

-21.9%

Free cash flow

-$95.8M

Debt / equity

0.00×

Ratios for fiscal year 2025, standardized from SEC filings.

Income statement

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$404K	$5.0M	$6.4M	$4.6M	$17.8M	$40.7M
Cost of revenue	$325K	$3.9M	$5.5M	$5.5M	$14.2M	$39.5M
Gross profit	$79K	$1.1M	$926K	-$834K

Balance sheet

USD	FY2021	FY2022	FY2023	FY2024	FY2024	FY2025
Cash & equivalents	$277K	$4.1M	$3.2M	$6.1M	—	—
Inventory	$362K	$3.9M	$8.9M	$8.0M	$13.5M	$25.9M
Total current assets	$1.6M	$55.7M	$32.2M	$22.4M	$25.8M

Cash flow

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$812K	-$1.4M	-$16.0M	-$29.2M	-$17.7M	-$89.1M
Capital expenditures	—	—	$364K	$2.5M	$259K	$6.6M
Free cash flow	—	—	-$16.4M	-$31.6M

Get RCAT data via API

# JSON
curl https://sec-financial-api-production.up.railway.app/v1/company/RCAT/financials \
  -H "X-API-Key: YOUR_KEY"

# CSV export (income / balance / cash-flow)
curl "https://sec-financial-api-production.up.railway.app/v1/company/RCAT/income-statement?format=csv" \
  -H "X-API-Key: YOUR_KEY"

Get a free API key Use with Claude (MCP) →View RCAT filings on SEC EDGAR →