Dragonfly Energy Holdings Corp. (DFLI) Financial Statements
Industry: Miscellaneous Electrical Machinery, Equipment & Supplies
In fiscal 2025, Dragonfly Energy reported revenue of $58.6M, up 15.8% from $50.6M the year before. Net income was -$69.9M (a -119.3% net margin), or -$118.40 per diluted share. Gross margin was 26.7% and operating margin was -39.5%. Operating activities generated -$26.0M of cash, leaving -$27.9M of free cash flow. At fiscal year end, Dragonfly Energy held $86.5M in total assets against $52.8M in total liabilities, including $18.3M of cash and equivalents.
Open the full interactive Dragonfly Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Dragonfly Energy Key Stats
| Share Price | $3.26 |
|---|---|
| Market Cap | $5.2M |
| Revenue YoY Growth | +15.8% |
| 52-Week Range | $1.01 – $19.70 |
| Shares Outstanding | 1.6 million (basic, 2026 Q2) |
Dragonfly Energy Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $86.3M | $64.4M | $50.6M | $58.6M |
| Cost of Goods Sold | $0 | $62.2M | $48.9M | $39.0M | $43.0M |
| Gross Profit | $0 | $24.0M | $15.4M | $11.6M | $15.6M |
| Operating Income | -$357,674 | -$34.0M | -$27.4M | -$25.8M | -$23.2M |
| Pre-Tax Income | $1.9M | -$40.3M | -$13.8M | -$40.6M | -$70.0M |
| Income Tax | — | -$709,000 | -$26,000 | — | -$94,000 |
| Net Income | $1.9M | -$39.6M | -$13.8M | -$40.6M | -$69.9M |
| Diluted EPS | $19.20 | -$82.40 | -$20.80 | -$472.80 | -$118.40 |
Dragonfly Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $16.0M | $13.1M | $9.7M | $13.2M |
| Net Income | -$11.1M | -$45.0M | -$6.6M | -$4.4M |
| Diluted EPS | -$16.00 | -$9.42 | -$5.12 | -$3.44 |
Dragonfly Energy Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $799,808 | $17.8M | $12.7M | $4.8M | $18.3M |
| Current Assets | $1.1M | $73.5M | $55.9M | $32.9M | $50.2M |
| Total Assets | $129.5M | $88.8M | $75.2M | $75.2M | $86.5M |
| Current Liabilities | $114,211 | $40.6M | $40.4M | $21.9M | $19.8M |
| Total Long-Term Debt | — | $76.2M | $19.7M | $29.6M | $9.6M |
| Total Liabilities | $2.2M | $77.4M | $47.3M | $84.6M | $52.8M |
| Shareholders' Equity | -$1.0M | $11.3M | $27.9M | -$9.4M | $11.5M |
Dragonfly Energy Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$547,052 | -$45.7M | -$17.7M | -$7.2M | -$26.0M |
| Cash From Investing | -$128.4M | -$6.8M | -$6.9M | -$2.7M | -$1.9M |
| Cash From Financing | $129.7M | $41.7M | $19.5M | $2.0M | $41.3M |
| Free Cash Flow | — | -$52.6M | -$24.6M | -$9.9M | -$27.9M |
Figures from Dragonfly Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Dragonfly Energy financials page for every line item.
Dragonfly Energy Company Profile
| Ticker | DFLI |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Electrical Machinery, Equipment & Supplies |
| Headquarters | Reno,, Nevada |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001847986 |
Frequently Asked Questions
What was Dragonfly Energy's revenue in fiscal 2025?
Dragonfly Energy (DFLI) reported revenue of $58.6M for fiscal 2025.
What is Dragonfly Energy's annual revenue history?
Dragonfly Energy's annual revenue by fiscal year: 2021: $0; 2022: $86.3M; 2023: $64.4M; 2024: $50.6M; 2025: $58.6M.
What was Dragonfly Energy's net income in fiscal 2025?
Dragonfly Energy reported net income of -$69.9M for fiscal 2025.
What was Dragonfly Energy's earnings per share (EPS) in fiscal 2025?
Dragonfly Energy's diluted EPS was -$118.40 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Dragonfly Energy generate in fiscal 2025?
Dragonfly Energy generated -$27.9M of free cash flow in fiscal 2025.
What was Dragonfly Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Dragonfly Energy reported revenue of $13.2M.
How much debt does Dragonfly Energy have?
Dragonfly Energy reported $9.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Dragonfly Energy are outstanding?
Dragonfly Energy reported a weighted average of 1.6 million basic shares outstanding in 2026 Q2.
What is Dragonfly Energy's market cap?
Based on its latest closing price, Dragonfly Energy (DFLI) has a market capitalization of about $5.2M.
When does Dragonfly Energy's fiscal year end?
Dragonfly Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Dragonfly Energy headquartered?
Dragonfly Energy lists its business address in Reno,, Nevada in its SEC filings.
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