Red Cat Holdings, Inc. - 8-K Filing
Red Cat Holdings reported Q1 2026 revenue of $15.5 million, up 849% year-over-year, with gross profit of $2.0 million and a 12.7% gross margin, up 64.8 percentage points from the prior year. The company secured new orders for Black Widow drones from a NATO ally and an Asia-Pacific ally, entered a strategic partnership with Ukraine's Spetstechnoexport, and acquired Apium Swarm Robotics and Quaze Technologies (pending regulatory approval). (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
Tickers: $RCAT