SuperworthRed Cat shares outstanding RCAT
Diluted shares outstanding, averaged over each quarter, from 2011.
- Latest quarter, to Jun 30, 2026
- 136.9M
- On a year earlier
- +49.9%
- more shares
Red Cat had 136.9M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 49.9% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 119.2M | +60% |
| FY2024 | 74.6M | +40% |
| FY2023 | 53.3M | +0% |
| FY2022 | 53.2M | +88% |
| FY2021 | 28.3M | +39% |
| FY2020 | 20.4M | +10298% |
| FY2018 | 196.2K | +398% |
| FY2017 | 39.4K | +9% |
| FY2016 | 36.3K | +36722% |
| FY2014 | 99 | +6% |
| FY2013 | 93 | +0% |
| FY2012 | 93 | +32% |
| FY2011 | 70 | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 136.9M | +50% | |
| Q1 FY26 | 120.8M | +41% | |
| Q4 FY25 | 119.2M | +60% | |
| Q3 FY25 | 99.6M | +79% | |
| Q2 FY25 | 91.3M | +64% | |
| Q1 FY25 | 85.5M | +56% | |
| Q3 FY24 | 76.2M | +40% | |
| Q3 FY24 | 75.7M | +40% | |
| Q2 FY24 | 74.5M | +38% | |
| Q2 FY24 | 74.2M | +37% | |
| Q4 FY24 | 74.6M | +40% | |
| Q1 FY24 | 74.2M | +38% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Red Cat
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.