Company / Operating Income
Red Cat Holdings, Inc. Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$66.6M
FY2025
5-year range
-$66.6M / -$19.3M
FY2021-FY2025
Trend
-157.7%
vs FY2024
Sector context
#232 of 300
Information Technology
What the data says
Red Cat Holdings, Inc.'s operating income of -$67M is lower than 77% of companies in the Information Technology sector (FY2025). Operating Income has declined for 3 consecutive years, from -$751,332 in FY2019 to -$67M in FY2025.
Based on SEC 10-K filings.
-$67M in FY2025.
Declined from -$19M to -$67M over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 23% in Information TechnologyTop 77% of 300This company -$66.6M Sector average $1.5B
▼
-104.4% below sector average
Key checks
Key Insights
- In FY2025, operating income decreased 157.7% year-over-year.
- Ranks #232 out of 300 companies in the Information Technology sector.
- Peak operating income was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 3.05 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$66.6M | -157.7% |
| FY2024 | -$25.8M | -33.9% |
| FY2023 | -$19.3M | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | -$751.3K | +63.9% |
| FY2018 | -$2.1M | -90.5% |
| FY2017 | -$1.1M | +24.8% |
| FY2016 | -$1.5M | -507.6% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026