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Financials · DFLI

Dragonfly Energy Holdings Corp. (DFLI) financials

For the twelve months ended Jun 30, 2026, Dragonfly Energy Holdings Corp. reported $51.89M of revenue and -$67.12M of net income.

Revenue, TTM
$51.89M
Revenue growth, YoY
-4.9%
Net income, TTM
-$67.12M
Net margin
-129.4%
Free cash flow, TTM
-$29.71M
Cash
$6.28M
Total debt
$11.12M
P/S
0.07
Market cap
$3.6M
Annual revenue$58.63M
FY2021FY2025
Annual net income-$69.94M
FY2021FY2025
Annual free cash flow-$27.92M
FY2021FY2025

DFLI revenue and earnings growth

DFLI revenueQ2 2026$13.16M

Quarter YoY
-19.0%
QoQ
+35.6%
FY YoY
+15.8%

DFLI revenue was $13.16M in fiscal Q2 2026 (ended Jun 30, 2026), down 19.0% from a year earlier and up 35.6% from the prior quarter. For the full fiscal 2025 it was $58.63M, up 15.8% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

DFLI net incomeQ2 2026-$4.39M

DFLI net income was -$4.39M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$7.03M a year earlier. For the full fiscal 2025 it was -$69.94M, compared with -$40.62M in fiscal 2024.

DFLI EPSQ2 2026-$0.43

DFLI diluted EPS was -$0.43 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$14.80.

DFLI free cash flowQ2 2026-$2.22M

DFLI free cash flow was -$2.22M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$4.21M a year earlier. For the full fiscal 2025 it was -$27.92M, compared with -$9.87M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Revenue$58.63M$50.65M$64.39M$86.25M$78.00M
Cost of revenue$42.98M$39.02M$48.95M$62.63M$48.38M
Gross profit$15.65M$11.63M$15.45M$23.62M$29.63M
Research and development$2.98M$5.45M$3.86M$2.76M$2.69M
Selling, general and admin$22.99M$21.91M$26.39M$41.57M$10.62M
Operating income-$23.17M-$25.76M-$27.43M-$34.38M$6.47M
Interest expense$20.27M$21.50M$16.02M$6.98M$519.0K
Pre-tax income-$70.03M-$40.62M-$13.84M-$40.70M$5.95M
Income tax-$94.0K--$26.0K-$709.0K$1.61M
Net income-$69.94M-$40.62M-$13.82M-$39.99M$4.34M
EPS, basic-$14.80-$59.15-$23.60-$93.60$10.80
EPS, diluted-$14.80-$59.15-$23.60-$93.60$9.90
Diluted shares4.8M686,683586,516.5428,503.411419,359.3

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Cash and equivalents$18.27M$4.85M$12.71M$17.78M$28.63M
Receivables$4.21M$2.42M$1.64M$1.44M$783.0K
Inventory$24.23M$21.72M$38.78M$50.19M$27.13M
Current assets$50.18M$32.92M$55.92M$73.83M$66.08M
Total assets$86.55M$75.21M$75.20M$89.11M$76.25M
Current liabilities$19.76M$21.86M$40.38M$41.46M$17.99M
Short-term debt$433.0K-$19.68M$19.24M-
Long-term debt$9.21M$29.65M---
Total debt$9.64M$29.65M$75.86M$76.19M-
Total liabilities$52.76M$84.62M$47.29M$78.36M$60.19M
Shareholders' equity$11.53M-$9.40M$27.91M$10.74M$15.89M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Operating cash flow-$25.97M-$7.19M-$17.71M-$45.70M-$13.57M
Capital expenditures$1.95M$2.68M$6.88M$6.86M$2.97M
Free cash flow-$27.92M-$9.87M-$24.59M-$52.56M-$16.54M
Investing cash flow-$1.95M-$2.68M-$6.88M-$6.83M-$2.91M
Financing cash flow$41.34M$2.00M$19.52M$41.67M$38.91M
Stock-based compensation$714.0K$1.02M$6.71M$2.47M$734.0K
Depreciation and amortization$2.24M$1.37M$1.24M$891.0K$617.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Revenue growth, YoY15.8%-21.3%-25.3%10.6%-
Gross margin26.7%23.0%24.0%27.4%38.0%
Operating margin-39.5%-50.9%-42.6%-39.9%8.3%
Net margin-119.3%-80.2%-21.5%-46.4%5.6%
Free cash flow margin-47.6%-19.5%-38.2%-60.9%-21.2%
Return on equity-606.6%--49.5%-372.3%27.3%
Return on assets-80.8%-54.0%-18.4%-44.9%5.7%
Current ratio2.541.511.381.783.67
Debt to equity0.84-2.727.09-

Source: XBRL data Dragonfly Energy Holdings Corp. files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-9, first reported Mar 31, 2025; 1-for-10, first reported Mar 30, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

DFLI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DFLI$51.89M-4.9%-$67.12M-129.4%$3.6M
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

DFLI FAQ

8 questions
  • What is DFLI revenue?
    Dragonfly Energy Holdings Corp. (DFLI) reported $51.89M of revenue for the twelve months ended Jun 30, 2026. That is down 4.9% from the year before. Revenue for fiscal 2025 was $58.63M.
  • Is DFLI profitable?
    No. Dragonfly Energy Holdings Corp. reported a net loss of $67.12M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does DFLI have?
    Dragonfly Energy Holdings Corp. reported $6.28M in cash and cash equivalents and $11.12M of debt on its most recent balance sheet in SEC filings.
  • How fast is DFLI revenue growing?
    Dragonfly Energy Holdings Corp.'s revenue changed +15.8% in fiscal 2025, to $58.63M.
  • What is DFLI gross margin?
    Dragonfly Energy Holdings Corp.'s gross profit was $13.17M on $51.89M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 25.4%.
  • What is DFLI free cash flow?
    Dragonfly Energy Holdings Corp. generated -$29.71M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$28.74M less capital expenditures.
  • When did DFLI last report financial results?
    The latest statements here come from Dragonfly Energy Holdings Corp.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this DFLI financial data come from?
    Quantisnow builds these statements from the structured XBRL data Dragonfly Energy Holdings Corp. files with the SEC. It is provided for information only and is not investment advice.