vs
Side-by-side financial comparison of Red Cat Holdings, Inc. (RCAT) and SAP SE (SAP). Click either name above to swap in a different company.
Mega Cat Studios is an American video game development and publishing company located in Pittsburgh, Pennsylvania. It was founded in 2015 by James Deighan, Nick Mann, and Zack Manko.
SAP SE is a German multinational software company based in Walldorf, Baden-Württemberg, Germany that is the world's largest vendor of enterprise software.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
Revenue
RCAT
SAP
| Q3 25 | $9.6M | — | ||
| Q2 25 | $1.1M | — | ||
| Q1 25 | $1.6M | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $886.4K | — | ||
| Q1 24 | $5.8M | — | ||
| Q4 23 | $529.4K | — | ||
| Q3 23 | $310.9K | — |
Net Profit
RCAT
SAP
| Q3 25 | $-16.0M | — | ||
| Q2 25 | $-13.3M | — | ||
| Q1 25 | $-23.1M | — | ||
| Q4 24 | $-13.3M | — | ||
| Q3 24 | $-12.4M | — | ||
| Q1 24 | $-5.5M | — | ||
| Q4 23 | $-5.8M | — | ||
| Q3 23 | $-5.8M | — |
Gross Margin
RCAT
SAP
| Q3 25 | 6.6% | — | ||
| Q2 25 | 33.2% | — | ||
| Q1 25 | -52.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -54.5% | — | ||
| Q1 24 | 18.8% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | 56.2% | — |
Operating Margin
RCAT
SAP
| Q3 25 | -181.7% | — | ||
| Q2 25 | -1120.9% | — | ||
| Q1 25 | -765.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1400.7% | — | ||
| Q1 24 | -76.0% | — | ||
| Q4 23 | -990.5% | — | ||
| Q3 23 | -1799.5% | — |
Net Margin
RCAT
SAP
| Q3 25 | -166.0% | — | ||
| Q2 25 | -1176.9% | — | ||
| Q1 25 | -1418.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1400.7% | — | ||
| Q1 24 | -93.9% | — | ||
| Q4 23 | -1103.8% | — | ||
| Q3 23 | -1877.5% | — |
EPS (diluted)
RCAT
SAP
| Q3 25 | $-0.16 | — | ||
| Q2 25 | $-0.15 | — | ||
| Q1 25 | $-0.27 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.