secwatch.observer — SEC 8-K summary
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Issuer:     Red Cat Holdings, Inc. (RCAT)
CIK:        0000748268
Form:       8-K
Filed at:   2026-08-06T20:26:11+00:00
Accession:  0001628280-26-054364
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Cat Q2 revenue surges 527% YoY to $20.2M; gross margin improves 39% YoY
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- Q2 revenue $20.2M (+527% YoY); gross profit $3.3M (+$2.9M YoY); gross margin 16.1% (+39% YoY, +27% sequentially).
- Cash at June 30, 2026: $325.6M (up from $167.9M at Dec 31, 2025); inventory $84.8M (up from $30.4M).
- Reaffirmed FY2026 revenue target of $150M-$180M.
- Advanced to Gauntlet II of Drone Dominance program; completed acquisition of Quaze Technologies for wireless power transfer.
- Secured new orders from U.S. Air Force Security Forces; Blue Ops scaled to full-rate production for USV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748268/000162828026054364/0001628280-26-054364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748268/000162828026054364/rcat-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-054364

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer