RCAT (Red Cat Holdings) EBIT: $-81.42 Mil (TTM As of Mar. 2026)


RCAT Red Cat Holdings Inc RCAT
81 GF Score
Price $9.22
GF Value $7.91
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Red Cat Holdings EBIT?

Red Cat Holdings RCAT -1.55% 81 EBIT is $-81.42 Mil as of Mar. 2026. GuruFocus rates RCAT with a GF Score™ of 81/100 and a GF Value™ of $7.91 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Red Cat Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-27.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-81.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Red Cat Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -95.06%. Red Cat Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -138.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Red Cat Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.34%.


Red Cat Holdings  (NAS:RCAT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Red Cat Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-109.208 * ( 1 - 0% )/( (97.106 + 132.65)/ 2 )
=-109.208/114.878
=-95.06 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=281.885 - 17.316 - ( 131.919 - max(0, 19.081 - 209.662+131.919))
=132.65

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Red Cat Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-109.208/( ( (20.922 + max(50.106, 0)) + (26.984 + max(60.146, 0)) )/ 2 )
=-109.208/( ( 71.028 + 87.13 )/ 2 )
=-109.208/79.079
=-138.10 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.155 + 23.452 + 9.466) - (8.706 + 0.261 + 1.7763568394003E-15)
=50.106

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.571 + 50.53 + 16.642) - (17.316 + 0.281 + 3.5527136788005E-15)
=60.146

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Red Cat Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-81.421/1284.326
=-6.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Red Cat Holdings EBIT Related Terms


Red Cat Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Red Cat Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Red Cat Holdings EBIT Chart

Red Cat Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23 Apr24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.01 -11.54 -23.51 -18.89 -66.60

Red Cat Holdings Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.48 -12.65 -17.53 -23.94 -27.30

RCAT vs DCO, AVEX, VVX: EBIT Comparison

For the Aerospace & Defense subindustry, Red Cat Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red Cat Holdings EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Red Cat Holdings's EV-to-EBIT falls into.


RCAT
81GF Score
Red Cat Holdings Inc RCAT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Red Cat Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-81.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-81.42 Mil mean?
Red Cat Holdings (RCAT) has a EBIT of $-81.42 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Red Cat Holdings.
Is Red Cat Holdings' EBIT too high?
Red Cat Holdings' current EBIT is $-81.42 Mil. Overall, Red Cat Holdings has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' EBIT compare to DCO and AVEX?
Red Cat Holdings' EBIT of $-81.42 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Red Cat Holdings. Red Cat Holdings's current EBIT is $-81.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (RCAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.91, compared to a current price of $9.22 — trading 16.5% above its estimated fair value. The current EBIT is $-81.42 Mil. Red Cat Holdings' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Red Cat Holdings (RCAT), the current EBIT is $-81.42 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Red Cat Holdings (RCAT) Overvalued in 2026?

Based on GuruFocus' analysis, Red Cat Holdings stock appears to be overvalued. The current stock price of $9.22 is trading 16.5% above its estimated GF Value™ of $7.91. GuruFocus considers Red Cat Holdings to be Modestly Overvalued.

Key valuation signals for RCAT:

  • EBIT: $-81.42 Mil
  • GF Value™: $7.91 vs. price of $9.22 (16.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the RCAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Red Cat Holdings Business Description

Other Exchanges 1RCAT:ItalyBQ73:Germany
Address 2800 South West Temple, Suite 5, South Salt Lake, UT, USA, 84115
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
81GF Score

Get the complete analysis for RCAT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.22
Price
$7.91
GF Value