Company / SG&A Expense
Red Cat Holdings, Inc. SG&A Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$36.9M
FY2025
5-year range
$5.5M / $36.9M
FY2021-FY2025
Trend
+221.8%
vs FY2024
Sector context
#291 of 306
Information Technology
What the data says
SG&A Expense changed +222% YoY in FY2025, a notable deviation from the 7-year average annual change of +121%.
Based on SEC 10-K filings.
$37M in FY2025 with a 5-year CAGR of +96.8%.
Increased from $11M to $37M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +88.0%
- 5-Year CAGR
- +96.8%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in Information TechnologyTop 5% of 306This company $36.9M Sector average $697.6M
▼
-94.7% below sector average
Key checks
Key Insights
- Red Cat Holdings, Inc.'s sg&a expense has grown for 3 consecutive years.
- 5-year CAGR of +96.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 221.8% year-over-year.
- Ranks #291 out of 306 companies in the Information Technology sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $36.9M | +221.8% |
| FY2024 | $11.5M | +2.2% |
| FY2023 | $11.2M | +102.1% |
| FY2022 | $5.5M | +0.0% |
| FY2021 | $5.5M | +344.3% |
| FY2020 | $1.2M | +31.5% |
| FY2019 | $949.6K | +146.8% |
| FY2018 | $384.7K | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026