In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, Red Cat Holdings, Inc. used $46.8 million of cash from operations. It spent $5.8 million on capital expenditures. Free cash flow was negative, at -$52.6 million.
USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Jun 30, 2026
|
Q2 FY2026
Jun 30, 2026
|
Q1 FY2026
Mar 31, 2026
|
Q3 FY2024
Jan 31, 2024
|
Q2 FY2024
Oct 31, 2023
|
Q1 FY2024
Jul 31, 2023
|
Q4 FY2023
Apr 30, 2023
|
Q3 FY2023
Jan 31, 2023
|
Q2 FY2023
Oct 31, 2022
|
|---|---|---|---|---|---|---|---|---|---|
| Operating | |||||||||
| Depreciation and amortization |
—
|
1
|
1
|
—
|
—
|
—
|
—
|
—
|
—
|
| Stock-based compensation |
—
|
5
|
5
|
1
-25.7%
|
1
-4.0%
|
1
+20.7%
|
1
|
1
|
1
|
| Operating cash flow |
—
|
-47
|
-32
|
-4
+43.5%
|
-4
+24.5%
|
-7
-81.6%
|
-12
|
-7
|
-6
|
| Investing | |||||||||
| Capital expenditures |
19
+2563.8%
|
6
+1780.8%
|
7
+2384.6%
|
0
-90.2%
|
0
-81.7%
|
0
-99.1%
|
1
|
0
|
1
|
| Investing cash flow |
—
|
-6
|
-7
|
3
-75.1%
|
5
+20.5%
|
5
-36.2%
|
7
|
10
|
4
|
| Financing | |||||||||
| Financing cash flow |
—
|
247
|
3
|
8
+5122.0%
|
-0
+42.6%
|
-0
+78.6%
|
-0
|
-0
|
-0
|
| Change in cash | |||||||||
| Net change in cash |
—
|
194
+6302.9%
|
-36
-2258.1%
|
6
+177.4%
|
0
+109.9%
|
-2
-206.8%
|
-1
|
2
|
-5
|
| Free cash flow |
—
|
-53
|
-39
|
-4
+46.2%
|
-4
+31.0%
|
-7
-59.0%
|
-13
|
-8
|
-6
|
| Per share | |||||||||
| Free cash flow per share |
—
|
-0.38
|
-0.32
|
—
|
—
|
—
|
—
|
—
|
—
|
| Ratios | |||||||||
| Free cash flow margin |
—
|
-260.43%
|
-250.33%
|
-71.12%
|
-113.18%
|
-396.49%
|
-1,214.81%
|
-463.73%
|
-862.57%
|
| Capital expenditures to revenue |
26.03%
|
28.60%
|
43.84%
|
0.76%
|
3.43%
|
0.29%
|
66.20%
|
27.28%
|
98.45%
|
| Stock-based compensation to revenue |
—
|
24.97%
|
31.14%
|
10.02%
|
30.43%
|
52.15%
|
80.24%
|
47.29%
|
166.77%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. The first column is the trailing twelve months through the latest quarter. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- RCAT (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- South Salt Lake, UT
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 748268
- Former names
- TimefireVR Inc. (until Jul 31, 2019); EnergyTEK Corp. (until Nov 18, 2016); BROADLEAF CAPITAL PARTNERS INC (until Jun 30, 2014); BROADLEAF CAPITAL PARTNERS INC (until Sep 28, 2004); PEACOCK FINANCIAL CORP (until Feb 21, 2002)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.