---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-23-000341"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T18:13:02.456726+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Red Cat Holdings reports preliminary Q2 revenue $3.9M, 123% sequential increase, guidance beat by 30%

## Summary
- Preliminary Q2 FY2024 revenue ~$3.9M, 123% sequential increase from Q1; 30% above previous guidance.
- Backlog at Oct 31, 2023 ~$4.5M, highest in company history.
- Affirms Q3 FY2024 revenue guidance ~$5M, representing 28% sequential increase.
- CEO Jeff Thompson cites strong demand and improving manufacturing yields by COO Allan Evans.
- Conference call scheduled for Nov 8, 2023 at 4:15 pm ET to discuss results.

## SEC filing metadata
- accession: 0001554795-23-000341
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000155479523000341/0001554795-23-000341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000155479523000341/rcat1107form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-23-000341
- JSON: https://secwatch.observer/filing/0001554795-23-000341.json
- Plain text: https://secwatch.observer/filing/0001554795-23-000341.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.