Company / Working Capital
Red Cat Holdings, Inc. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$212.1M
FY2025
5-year range
-$3.0M / $212.1M
FY2021-FY2025
Trend
+881.0%
vs FY2024
Sector context
#204 of 311
Information Technology
What the data says
Working Capital changed +881% YoY in FY2025, a notable deviation from the 9-year average annual change of +164%.
Based on SEC 10-K filings.
$212M in FY2025 with a 3-year CAGR of +61.6%.
Improved from $28M to $212M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +61.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#204 of 311 in Information TechnologyTop 66% of 311This company $212.1M Sector average $1.7B
▼
-87.6% below sector average
Key checks
Key Insights
- 3-year CAGR of +61.6%, indicating consistent growth.
- In FY2025, working capital increased 881.0% year-over-year.
- Ranks #204 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2021.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $212.1M | +881.0% |
| FY2024 | $21.6M | -23.1% |
| FY2023 | $28.1M | -44.0% |
| FY2022 | $50.2M | +1755.0% |
| FY2021 | -$3.0M | -493.8% |
| FY2020 | -$510.9K | -172.8% |
| FY2019 | -$187.3K | +92.6% |
| FY2018 | -$2.5M | -46.5% |
| FY2017 | -$1.7M | -469.6% |
| FY2016 | $465.3K | +252.3% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026