Red Cat Holdings, Inc. (RCAT)财务
NASDAQ · Industrials · Aerospace & Defense · 员工244人 · CEO Jeffrey Thompson
- 股价
- $4.63 -8.32%
- 市值
- $7.07亿
- 企业价值
- $4.06亿
- 最近财报
- Q2 '27 2026-08-06提交
营收(TTM)–– 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)–– 对比去年同期营业利润 –
净利润(TTM)–– 对比去年同期税后,含营业外收益
自由现金流(TTM)–– 对比去年同期资本支出 –
稀释EPS(TTM)–– 对比去年同期最近4个季度之和
净现金$3.01亿+583.1% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $7.07亿 EV $4.06亿
- 营收
- – 过去12个月
- 营收增速
- +273% FY2026年一致预期
- 净利润率
- – 净利润 / 营收,TTM
- P/E
- -5.4× 预期 42.1×(FY2026)
- P/S
- 11.1× 股价 / 营收,TTM
- EV / EBITDA
- -4.0× TTM
- 自由现金流
- – 过去12个月
- 净利润
- – 过去12个月
- 营收预期
- $1.52亿 FY2026年一致预期
- 盈利
- –
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收低于预期10.9%,EPS 低于预期27.5%营收$2020万,预期$2270万(-10.9%);EPS -$0.26,预期-$0.20(-27.5%)。
- 营收增长放缓:同比527.3%Q2 '27营收$2020万,此前四个季度的平均值为849.3%。
- 稀释股数一年内增加49.9%Q2 '27稀释股数1.37亿,一年前为9130万。
- 净现金 $3.01亿现金 + 短期投资 $3.26亿,含租赁债务 $2490万;一年前净现金 $4400万。
上一季度:Q2 '27
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $2020万 | $322万 | +527.3% |
| 毛利率 | 16.1% | 11.7% | +4.5 百分点 |
| 营业利润 | -$3860万 | -$1260万 | -205.6% |
| 营业利润率 | -191.4% | -392.9% | +201.5 百分点 |
| 净利润 | -$3530万 | -$1330万 | -165.5% |
| 稀释EPS | -$0.26 | -$0.15 | -73.3% |
| 经营现金流 | -$7870万 | -$1290万 | -510.6% |
| 资本支出 | $1260万 | $30.7万 | +3,996.6% |
| 自由现金流 | -$9130万 | -$1320万 | -591.5% |
| R&D | $1420万 | $360万 | +295.2% |
| 股权激励费用 | $986万 | $0 | – |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $2020万 | $2270万 | -10.9% |
| EPS(一致预期口径) | -$0.26 | -$0.20 | -27.5% |
来自2026-08-06发布的Q2 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $1970万 | – | 97.6% | $8130万 | – | |
| Service | $47.7万 | – | 2.4% | $476万 | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 自由现金流
- –
- 股东回报 / FCF
- –
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -5.4× | – | – |
| EV / EBITDA | -4.0× | – | – |
| EV / 营收 | 6.4× | 36.9× | 4.9× – 135.1× |
| 股价 / FCF | -2.7× | – | – |
| 股价 / 净资产 | 1.3× | 5.6× | 0.8× – 19.8× |
| FCF收益率 | -37.2% | -24.0% | -70.4% – -2.1% |
| 投入资本回报率 | -20.4% | -40.0% | -74.4% – -16.1% |
| 净资产收益率 | -35.0% | -56.3% | -130.5% – -15.0% |
分析师
一致目标价 $15.67 (+238.4%)
区间 $6.00 – $25.00 · 评级 Buy
强烈买入0
买入3
持有1
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $1.52亿 | +273.4% | $0.11 | +118.3% | 42.1× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Red Cat Holdings, Inc.在近期10-Q / 10-K文件中标记的全部245项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $1280万 | $148万 | +762.7% | $362万 | $205万 | +76.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $954万 | $101万 | +842.5% | $2620万 | $48.9万 | +5,248.7% |
| Accounts Receivable, Allowance for Credit Loss, Current | $02025-12-31 | $50万 | -100.0% | $0 | $50万 | -100.0% |
| Accrued Liabilities, Current | $784万 | $184万 | +325.9% | $509万 | $124万 | +310.2% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $275万 | $186万 | +47.7% | $149万 | $154万 | -2.9% |
| Additional Paid in Capital | $7.3亿 | $2.57亿 | +184.3% | $4.43亿 | $1.75亿 | +153.2% |
| Amortization of Intangible Assets | $60万 | $40万 | +50.0% | $150万 | – | – |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 21.9万 | 84.2万 | -74.0% | 741万 | 770万 | -3.8% |
| APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition | $504万 | $204万 | +147.8% | $1060万 | – | – |
| Asset Impairment Charges | – | – | – | $1140万2024-04-30 | – | – |
| Assets | $5.27亿 | $1.21亿 | +334.6% | $2.74亿 | $5560万 | +392.2% |
| Assets, Current | $4.25亿 | $9160万 | +364.2% | $2.27亿 | $2580万 | +779.7% |
| Assets, Noncurrent | $1.02亿 | $2980万 | +243.6% | $4670万 | $2980万 | +56.8% |
| Business Combination, Contingent Consideration, Liability, Current | $540万 | – | – | – | – | – |
| Business Combination, Contingent Consideration, Liability, Noncurrent | $1210万 | – | – | – | – | – |
| Cash | $3.26亿 | $6590万 | +393.8% | $1.68亿 | $915万 | +1,733.8% |
| Cash Provided by (Used in) Financing Activities, Discontinued Operations | $02025-12-31 | – | – | $0 | – | – |
| Cash Provided by (Used in) Investing Activities, Discontinued Operations | $02025-12-31 | – | – | $0 | – | – |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $02025-12-31 | – | – | $0 | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $3.26亿 | $6590万 | +393.8% | $1.68亿 | $915万 | +1,733.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.94亿 | $5820万 | +232.7% | $281万2024-04-30 | -$82.5万 | +440.4% |
| CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations | -$3860万2025-12-31 | – | – | $1.59亿 | – | – |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | – | – | – | $7.622025-04-09 | – | – |
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights | – | – | – | 100万2025-02-28 | – | – |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 5亿 | 5亿 | 0.0% | 5亿 | 5亿 | 0.0% |
| Common Stock, Shares, Issued | 1.53亿 | 9850万 | +55.0% | 1.2亿 | 8520万 | +40.9% |
| Common Stock, Shares, Outstanding | 1.53亿 | 9850万 | +55.0% | 1.2亿 | 8520万 | +40.9% |
| Common Stock, Value, Issued | $15.3万 | $9.85万 | +55.3% | $12万 | $8.5万 | +41.2% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | – | – | – | -$7210万 | – | – |
| Construction in Progress, Gross | $348万 | – | – | $424万 | $0 | – |
| Contract with Customer, Asset, after Allowance for Credit Loss | $248万2025-09-30 | – | – | – | – | – |
| Contract with Customer, Liability | $30万 | $23万 | +30.3% | $30万 | $20万 | +50.0% |
| Contract with Customer, Liability, Current | $25.8万 | $56.6万 | -54.4% | $26.1万 | $22.7万 | +15.0% |
| Contract with Customer, Liability, Noncurrent | $2702025-09-30 | – | – | – | – | – |
| Convertible Debt, Current | $0 | $1940万 | -100.0% | $452万 | $0 | – |
| Convertible Debt, Fair Value Disclosures | $1340万2025-09-30 | – | – | – | – | – |
| Convertible Notes Payable | – | – | – | $1650万2025-02-28 | – | – |
| Cost of Goods and Services Sold | $1690万 | $284万 | +495.3% | $3950万 | – | – |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | – | – |
| Current Federal, State and Local, Tax Expense (Benefit) | – | – | – | $0 | – | – |
| Current State and Local Tax Expense (Benefit) | – | – | – | $0 | – | – |
| Debt Instrument, Interest Rate, Stated Percentage | – | – | – | 8.0%2024-02-16 | – | – |
| Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid | – | – | – | $40万2024-11-30 | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $36.4万 | – | – |
| Deferred Federal, State and Local, Tax Expense (Benefit) | – | – | – | $44.3万 | – | – |
| Deferred Income Tax Expense (Benefit) | -$25.2万2025-12-31 | – | – | $44.3万 | – | – |
| Deferred Income Tax Liabilities, Net | $307万 | – | – | $44.3万 | $0 | – |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $7.9万 | – | – |
| Deferred Tax Asset, Interest Carryforward | $52.9万2025-12-31 | $50万 | +5.8% | $52.9万 | $50万 | +5.8% |
| Deferred Tax Assets, Gross | $4620万2025-12-31 | $2710万 | +70.3% | $4620万 | $2710万 | +70.3% |
| Deferred Tax Assets, Inventory | $61.1万2025-12-31 | $7.7万 | +693.5% | $61.1万 | $7.7万 | +693.5% |
| Deferred Tax Assets, Investments | – | – | – | $4.6万2024-12-31 | – | – |
| Deferred Tax Assets, Net of Valuation Allowance | $393万2025-12-31 | $134万 | +193.6% | $393万 | $134万 | +193.6% |
| Deferred Tax Assets, Operating Loss Carryforwards | $3460万2025-12-31 | $1980万 | +75.0% | $3460万 | $1980万 | +75.0% |
| Deferred Tax Assets, Tax Credit Carryforwards | $14.4万2025-12-31 | $14.4万 | 0.0% | $14.4万 | $14.4万 | 0.0% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $441万2025-12-31 | $318万 | +38.8% | $441万 | $318万 | +38.8% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities | $3万2025-12-31 | $2.9万 | +3.4% | $3万 | $2.9万 | +3.4% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts | $6.6万2025-12-31 | $7000 | +842.9% | $6.6万 | $7000 | +842.9% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Warranty Reserves | $10.7万2025-12-31 | $14.4万 | -25.7% | $10.7万 | $14.4万 | -25.7% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-10-31, 10-Q 2024-07-31, 10-K 2024-04-30
数据截至 2026-11-02