Filing Flows › Red Cat Holdings (RCAT) › R&D spending
Red Cat Holdings (RCAT) R&D spending by quarter
Red Cat Holdings' R&D spending was $14.2M in Q2 2026 (second quarter 2026), +78% from Q1 2026. Over the last 6 quarters it ranged from $3.4M (Q1 2025) to $14.2M (Q2 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | $14.2M | +78% | +295% |
| Q1 2026 | $8.0M | +63% | +132% |
| Q4 2025 | $4.9M | -18% | — |
| Q3 2025 | $6.0M | +66% | — |
| Q2 2025 | $3.6M | +5% | — |
| Q1 2025 | $3.4M | — | — |
Q2 2026 at a glance
Red Cat Holdings, Q2 2026: revenue $20.2M (+527% year over year), operating margin -191.4%, net loss $35.3M, operating cash flow −$46.8M. The chart follows the revenue to costs, profit and cash.
Questions
What is Red Cat Holdings' R&D spending?
Red Cat Holdings' R&D spending was $14.2M in Q2 2026 (second quarter 2026), +78% from Q1 2026.
How has Red Cat Holdings' R&D spending changed?
Over the last 6 quarters it ranged from $3.4M (Q1 2025) to $14.2M (Q2 2026).