Red Cat Holdings annual r&d spending
2016
2017
2019
2020
2021
2022
2023
2024
2024
2025
Red Cat Holdings R&D Spending Growth & History (RCAT)
Red Cat Holdings's r&d spending was $17.9M for fiscal 2025.
View full Red Cat Holdings company overviewRed Cat Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $17.9M | $11.3M | +170.61% |
| 2024 · Dec 31 | 2024-12-31 | $6.6M | — | — |
| 2024 · Apr 30 | 2024-04-30 | $6.3M | $405,811 | +6.92% |
| 2023 | 2023-04-30 | $5.9M | $3.3M | +124.86% |
| 2022 | 2022-04-30 | $2.6M | $2.1M | +404.98% |
| 2021 | 2021-04-30 | $516,084 | $27,094 | +5.54% |
| 2020 | 2020-04-30 | $488,990 | $122,400 | +33.39% |
| 2019 | 2019-04-30 | $366,590 | — | — |
| 2017 | 2017-12-31 | $993,934 | $133,401 | +15.50% |
| 2016 | 2016-12-31 | $860,533 | — | — |
Red Cat Holdings quarterly r&d spending
Q2.16
Q3.16
Q2.17
Q3.17
Q2.18
Q2.18
Q3.18
Q3.19
Q1.20
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q1.25
Q1.25
Q1.25
Q2.25
Q2.25
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.2M | $10.6M | +295.19% |
| Q1 2026 | 2026-03-31 | $8.0M | $4.5M | +132.22% |
| Q4 2025 | 2025-12-31 | $4.9M | — | — |
| Q3 2025 | 2025-09-30 | $6.0M | $4.1M | +217.54% |
| Q2 2025 · Jun 30 | 2025-06-30 | $3.6M | $3.3M | +1144.91% |
| Q1 2025 · Mar 31 | 2025-03-31 | $3.4M | $763,498 | +28.60% |
| Q2 2025 · Oct 31 | 2024-10-31 | $2.2M | $9,333 | +0.42% |
| Q2 2025 · Sep 30 | 2024-09-30 | $1.9M | — | — |
| Q1 2025 · Jul 31 | 2024-07-31 | $1.6M | $272,889 | +20.16% |
| Q1 2025 · Jun 30 | 2024-06-30 | $289,016 | — | — |
| Q1 2025 · Mar 31 | 2024-03-31 | $2.7M | — | — |
| Q3 2024 | 2024-01-31 | $2.1M | $903,530 | +73.95% |
| Q2 2024 | 2023-10-31 | $2.2M | $955,181 | +75.39% |
| Q1 2024 | 2023-07-31 | $1.4M | $903,587 | +200.81% |
| Q4 2023 | 2023-04-30 | $2.9M | $1.9M | +176.36% |
| Q3 2023 | 2023-01-31 | $1.2M | $410,450 | +50.59% |
| Q2 2023 | 2022-10-31 | $1.3M | $773,515 | +156.76% |
| Q1 2023 | 2022-07-31 | $449,964 | $205,710 | +84.22% |
| Q4 2022 | 2022-04-30 | $1.1M | $882,966 | +506.89% |
| Q3 2022 | 2022-01-31 | $811,288 | $643,320 | +383.00% |
| Q2 2022 | 2021-10-31 | $493,441 | $406,827 | +469.70% |
| Q1 2022 | 2021-07-31 | $244,254 | $156,944 | +179.75% |
| Q4 2021 | 2021-04-30 | $174,192 | $42,600 | +32.37% |
| Q3 2021 | 2021-01-31 | $167,968 | $72,989 | +76.85% |
| Q2 2021 | 2020-10-31 | $86,614 | $9,890 | +12.89% |
| Q1 2021 | 2020-07-31 | $87,310 | −$98,385 | −52.98% |
| Q4 2020 | 2020-04-30 | $131,592 | — | — |
| Q3 2020 | 2020-01-31 | $94,979 | −$12,267 | −11.44% |
| Q2 2020 | 2019-10-31 | $76,724 | −$35,372 | −31.56% |
| Q1 2020 · Jul 31 | 2019-07-31 | $185,695 | $78,027 | +72.47% |
| Q1 2020 · Jun 30 | 2019-06-30 | $145,942 | $45,785 | +45.71% |
| Q3 2019 | 2019-01-31 | $107,246 | — | — |
| Q3 2018 · Oct 31 | 2018-10-31 | $112,096 | — | — |
| Q2 2018 · Jul 31 | 2018-07-31 | $107,668 | — | — |
| Q2 2018 · Jun 30 | 2018-06-30 | $100,157 | −$243,844 | −70.88% |
| Q3 2017 | 2017-09-30 | $110,125 | −$95,378 | −46.41% |
| Q2 2017 | 2017-06-30 | $344,001 | $194,223 | +129.67% |
| Q3 2016 | 2016-09-30 | $205,503 | — | — |
| Q2 2016 | 2016-06-30 | $149,778 | — | — |
Red Cat Holdings r&d spending trends
Between the periods ended 2016-12-31 and 2025-12-31, Red Cat Holdings's r&d spending increased from $860,533 to $17.9M, a change of $17.0M. The latest reported quarter, Q2 2026, shows $14.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Red Cat Holdings source filings ↗