Red Cat Holdings
RCAT · NASDAQ · Industrials
$6.59
$0.33 (-5.04%) today
Market Cap
$1.01B
24h Volume
$77.3M
P/E Ratio
-4.2
52w High
$17.36
52w Low
$6.14
Est. AI Revenue
45%
7-Day Sparkline (Static)
Company facts
Performance
About Red Cat Holdings
Red Cat Holdings makes small military drones. It sells AI-enabled reconnaissance drones to defense customers, targeting US Army programs such as short-range reconnaissance, and earns revenue from drone systems and related technology.
Autonomy is the product. The Teal 2 AI drone flies reconnaissance missions with autonomous navigation AI, edge AI reconnaissance processes what the drone sees onboard, and AI swarm technology aims to coordinate groups of drones operating together.
Founded in 2016 and headquartered in San Juan, Puerto Rico, Red Cat trades on the NASDAQ and employs about 240 people under CEO Jeff Thompson.
Red Cat Holdings in the AI buildout
Red Cat sits in the Defense & Aerospace AI and Robotics & Automation layers, where AI autonomy meets the battlefield. Its drones exist because AI can navigate, see, and coordinate without constant human control, so the product is essentially embodied AI for defense. The thesis rests almost entirely on militaries adopting autonomous drone systems, led by US Army programs. Supercycle scores its AI exposure at 75 out of 100, among the higher defense names it tracks.
RCAT is tracked in Defense & Aerospace AI and Robotics & Automation, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
RCAT trades at $6.59, 4% of the way up its 52-week range of $6.14 to $17.36.
Market cap
Market capitalization is $1.01B, with an AI Exposure Score of 75 out of 100.
Next earnings
Red Cat Holdings is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Red Cat Holdings do?
Red Cat makes small AI-powered military drones for defense customers. Its systems fly reconnaissance missions with autonomous navigation, targeting programs like the US Army's short-range reconnaissance effort.
How is Red Cat exposed to AI?
Deeply. Autonomous navigation, onboard reconnaissance AI, and swarm coordination are the product itself, making defense adoption of AI autonomy the whole thesis. Supercycle rates its AI Exposure Score at 75 out of 100.
What are Red Cat's main products?
The Teal 2 AI drone for military reconnaissance, autonomous navigation AI, edge AI reconnaissance that processes imagery onboard the drone, and AI swarm technology for coordinating multiple drones.
Is RCAT a pure play AI stock?
Close. Its drones are built around AI autonomy and it has little business beyond them, though the buyer is defense budgets rather than AI infrastructure. Its AI Exposure Score is 75 out of 100.
Where is Red Cat based and who leads it?
Red Cat is headquartered in San Juan, Puerto Rico, and led by CEO Jeff Thompson. Founded in 2016, the company employs about 240 people and its shares trade on the NASDAQ.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.