Red Cat Holdings, Inc. announced preliminary unaudited revenue results for the fourth quarter and full year 2025.
Q4 2025 revenue is expected to be between $24.0 million and $26.5 million, showing a significant increase compared to the same period in 2024.
FY 2025 revenue is projected to be between $38.0 million and $41.0 million, indicating a substantial growth compared to 2024.
The boost in revenue is attributed to robust demand from defense and government customers, program wins, and production scalability.
CEO Jeff Thompson highlighted the strong execution across the business and anticipates continued growth in 2026 fueled by an increased pipeline and operating leverage.
Q4 2025 Revenue
Expected between $24.0M and $26.5M, a 1,842% increase from Q4 2024.
FY 2025 Revenue
Projected between $38.0M and $41.0M, a 153% increase from FY 2024.
Business Execution
Strong execution led to revenue growth driven by demand from defense and government customers.
Future Growth
Anticipated growth in 2026 backed by an expanding pipeline and operating leverage.
- The revenue results reflect strong performance and robust market demand.
- The company's focus on defense and government sectors contributed significantly to revenue growth.
- Strategic wins and efficient scaling of production were key factors in the revenue surge.
- Red Cat's role as a trusted provider of advanced drone solutions positions it for continued growth in subsequent periods.
The robust revenue growth in Q4 and FY 2025 underscores Red Cat Holdings' position as a leader in advanced drone solutions for defense and security. With a strong outlook for 2026, backed by expanding programs and operational efficiency, Red Cat is poised for sustained growth in the unmanned systems sector.