
Red Cat Reports Breakout 2025 Revenue Fueled by Defense Demand
Red Cat Holdings released preliminary unaudited revenue for Q4 2025 of $24.0–$26.5 million and full-year 2025 revenue of $38.0–$41.0 million, representing roughly 1,842% YoY growth in Q4 and about 153% YoY for the full year, with results subject to audit adjustments. CEO Jeff Thompson attributed the performance to strong defense and government demand, expanding program wins, and rapid production scaling, signaling continued growth in 2026 as pipeline and operating leverage improve. The release contains forward-looking statements and is not final until completed through annual closing procedures.}{








