🟢 Red Cat Holdings is trading 5.7% up today after Q2 revenue increased 527% year over year

Red Cat Holdings is trading 5.7% up at $10.57 after investors continued buying following its August 6, 2026 earnings report.

• Q2 revenue increased 527% year over year to $20.2 million, gross margin improved to 16.1%, and management reaffirmed $150 million–$180 million in 2026 revenue guidance.
• Blue Ops’ Variant 7 maritime platform and advancement to Gauntlet II support progress toward scaled production.
• The company reported a $35.259 million net loss, while broader drone and defense-autonomy stocks also strengthened.