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Highlights

  • RCAT ended the quarter with cash and accounts receivable totaling USD 66.9 million.

  • Recorded quarterly revenue of USD 3.2 million for the period ended 30 June 2025.

  • Executed contract with U.S. Army for delivery of up to 690 SRR Black Widow systems in July 2025.

Red Cat Holdings, Inc. (Nasdaq:RCAT), a drone technology company providing integrated robotic hardware and software for military, government, and commercial markets, has announced its financial results for the second quarter ended 30 June 2025, along with recent operational developments.

Operational Updates

In July 2025, Red Cat executed the TD3 LRP contract with the U.S. Army to deliver up to 690 SRR Black Widow systems. The Black Widow is part of the Company’s small unmanned aircraft systems (sUAS) portfolio designed for tactical missions.

Teal Drones, a wholly owned subsidiary of Red Cat, achieved AS9100 certification from NSF International Strategic Registrations (NSF-ISR). AS9100 is a globally recognised quality management standard for the aerospace and defense industries, and the certification indicates compliance with rigorous quality and process requirements.

In the same period, Red Cat announced a partnership with ESAero to support manufacturing for Teal’s Black Widow. ESAero, known for its aerospace engineering and manufacturing expertise, will assist in scaling production capabilities for the system.

Financial Performance – Second Quarter 2025

For the quarter ended 30 June 2025, Red Cat reported revenue of USD 3.2 million. The Company ended the period with a combined total of USD 66.9 million in cash and accounts receivable.

No additional earnings metrics, operating expenses, or net income figures were disclosed in the provided statement.

About Red Cat Holdings, Inc.

Red Cat Holdings is a U.S.-based provider of advanced all-domain drone and robotic solutions serving defense and national security applications. Through its subsidiaries—Teal Drones and FlightWave Aerospace—the Company develops American-made hardware and software that support operations across air, land, and maritime environments.

The Company’s Family of Systems is led by the Black Widow sUAS, offering tactical capabilities for military and government missions. Red Cat is also expanding into the maritime domain through the development of uncrewed surface vessels (USVs). These integrated platforms are designed to enhance safety, operational effectiveness, and mission flexibility across multiple domains.