Red Cat Holdings, Inc.
Close on Oct 19, 2026
- Market cap
- $640.64M
- P/E (TTM)
- –
- Dividend yield
- –
About Red Cat
Services-Prepackaged Software, SIC 7372
Red Cat Holdings, Inc. develops and provides unmanned robotic systems, hardware, and software for defense, national security, and public safety applications. Operating as a single business segment through its Teal, FlightWave, and Blue Ops units, the company produces small unmanned aircraft systems and uncrewed surface vessels. Its product portfolio features tactical reconnaissance drones such as Black Widow and Teal 2, fixed-wing vertical takeoff systems including Edge 130, first-person-view aircraft, and maritime surface vessels. The company primarily serves military branches, federal agencies, public safety operators, and allied foreign government clients.
The enterprise is based in the United States and engages with domestic and international government customers. As of December 31, 2025, the company employs 244 full-time personnel and maintains a showroom in Florida. Its intellectual property assets include 34 issued patents and registered designs, alongside 13 pending patent applications. The provided text does not state a specific headquarters city.
Summary of the business section of Red Cat's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Red Cat Holdings, Inc.
- Founded
- 1984
- Headquarters
- South Salt Lake, UT
- Address
- 2800 S West Temple, Suite 5 84115
- Phone
- (833) 373-3228
- Website
- redcat.red
- Employees
- 244, Dec 31, 2025
- Industry
- Services-Prepackaged Software
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Salt Lake City, Utah
Stock & identifiers
- Ticker
- RCAT
- Exchange
- Nasdaq
- IPO date
- Jan 16, 2002
- Shares outstanding
- 153M, Aug 4, 2026
- Public float
- $620.72M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-1200 reverse, Aug 1, 2019; 1-for-10 reverse, Nov 22, 2016; 1-for-150 reverse, Nov 7, 2014; 1-for-150 reverse, Jul 23, 2014; 1-for-100 reverse, Mar 22, 2002
- SEC CIK
- 748268
- CUSIP
- 75644T100
- ISIN
- US75644T1007
- LEI
- 5493005OGSQW28V2PY05
- EIN
- 88-0490034
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey M. Thompson | Chairman of the Board, CEO, Director | 11,866,952 |
| Christian Spenst Morrison | Chief Financial Officer | 422 |
| Christian Ericson | Chief Operating Officer | 28,920 |
| Geoffrey Wayne Hitchcock | Chief Revenue Officer | 206,517 |
| Leah Lunger | Chief Financial Officer | 329,541 |
| George Michael Matus | CTO, Red Cat Holdings | 394,529 |
| Nicholas Reyland Liuzza JR | Director | 424,874 |
| Christopher R. Moe | Director | 200,502 |
| Paul Funk II | Director | 0 |
| Joseph David Freedman | Director | 342,689 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jeffrey Thompson | $6.81M | $262.50K | $280.85K | $391 | – |
| FY2024 Jeffrey Thompson | $307.79K | $9.35M | $2.53M | $633 | – |
| FY2023 Jeffrey Thompson | $826.35K | $826.35K | $916.28K | $22 | – |
| FY2022 Jeffrey Thompson | $408.93K | $408.93K | $851.11K | $50 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company had 244 full-time employees.”
Corporate history
Events identified from SEC filings