• Red Cat posted Q2 FY2026 revenue of USD 20.2 million, up 527% year over year; gross margin rose 4.52 percentage points to 16.1%.
• Net loss widened to USD 35.26 million, or USD 0.26 per share, from USD 13.28 million, or USD 0.15 per share, a year earlier.
• Cash totaled USD 325.6 million at June 30, 2026, up from USD 167.9 million at Dec. 31, 2025; inventory and prepaid inventory climbed to USD 84.8 million.
• Advanced Teal Drones to Gauntlet II of the Drone Dominance program; completed the Quaze Technologies acquisition to add wireless power transfer for autonomous recharging.
• Reaffirmed full-year target revenue of USD 150 million to USD 180 million; CEO Jeff Thompson cited scaling deliveries and expanding production capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Cat Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061605PRIMZONEFULLFEED9805582) on August 06, 2026, and is solely responsible for the information contained therein.