Filing Flows › Comparisons › RCAT vs SVCO
Red Cat Holdings vs Silvaco Group: RCAT and SVCO compared
Red Cat Holdings is the larger company: $20.2M of revenue in its latest quarter (Q2 2026) against $16.3M for Silvaco Group (Q3 2026). Red Cat Holdings is growing faster (+527% against -13% a year earlier). Silvaco Group is more profitable, with an operating margin of -26.3% against -191.4%.
Where the money goes: RCAT and SVCO
Red Cat Holdings (RCAT) · Q2 2026
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.
Silvaco Group (SVCO) · Q3 2026
Silvaco Group, Q3 2026: revenue $16.3M (-13% year over year), operating margin -26.3%, net loss $4.6M, operating cash flow −$774K. The chart follows the revenue to costs, profit and cash.
| Red Cat Holdings (RCAT) | Silvaco Group (SVCO) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $20.2M | $16.3M |
| Revenue growth, Y/Y | +527% | -13% |
| Operating margin | -191.4% | -26.3% |
| Net earnings | −$35.3M | −$4.6M |
| Net margin | -174.6% | -28.1% |
| Operating cash flow | −$46.8M | −$774K |
Where the revenue comes from
Red Cat Holdings
- Product: $19.7M (98%)
- Service: $477K (2%)
Silvaco Group
- Software license revenue: $10.9M (67%)
- Maintenance and service: $5.4M (33%)
Questions
Which is bigger, Red Cat Holdings or Silvaco Group?
Red Cat Holdings is the larger company: $20.2M of revenue in its latest quarter (Q2 2026) against $16.3M for Silvaco Group (Q3 2026).
Is Red Cat Holdings or Silvaco Group growing faster?
Red Cat Holdings is growing faster (+527% against -13% a year earlier).
Which is more profitable, Red Cat Holdings or Silvaco Group?
Silvaco Group is more profitable, with an operating margin of -26.3% against -191.4%.
More: Red Cat Holdings earnings · how Red Cat Holdings makes money · Silvaco Group earnings · how Silvaco Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.