Financials · DPRO

Draganfly Inc. (DPRO) financials

For fiscal 2025 (ended Dec 31, 2025), Draganfly Inc. reported C$7.73M of revenue and -C$22.98M of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025
C$7.73M
Revenue growth, YoY
+17.8%
Net income, FY2025
-C$22.98M
Net margin
-297.3%
Free cash flow, FY2025
-C$24.80M
EPS, diluted, FY2025
-C$1.46
Cash
C$90.16M
Annual revenueC$7.73M
FY2019FY2025
Annual net income-C$22.98M
FY2019FY2025
Annual free cash flow-C$24.80M
FY2021FY2025

DPRO revenue and earnings growth

DPRO revenueFY2025C$7.73M

FY YoY
+17.8%
5Y CAGR
+12.1%

DPRO revenue was C$7.73M for fiscal 2025 (ended Dec 31, 2025), up 17.8% from fiscal 2024. Compound annual growth was +12.1% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

DPRO net incomeFY2025-C$22.98M

DPRO net income was -C$22.98M for fiscal 2025 (ended Dec 31, 2025), compared with -C$13.88M in fiscal 2024.

DPRO EPSFY2025-C$1.46

DPRO diluted EPS was -C$1.46 for fiscal 2025 (ended Dec 31, 2025).

DPRO free cash flowFY2025-C$24.80M

DPRO free cash flow was -C$24.80M for fiscal 2025 (ended Dec 31, 2025), compared with -C$12.00M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
RevenueC$7.73MC$6.56MC$6.55MC$7.61MC$7.05MC$4.36MC$1.38M
Cost of revenueC$6.41MC$5.16MC$4.49MC$6.81MC$4.41MC$2.60MC$218.8K
Gross profitC$1.32MC$1.40MC$2.06MC$790.7KC$2.64MC$1.76MC$1.16M
Research and developmentC$970.9KC$927.4KC$1.55MC$651.3KC$510.9KC$568.0KC$16.9K
Net income-C$22.98M-C$13.88M-C$23.61M-C$27.65M-C$16.20M-C$8.02M-C$11.10M
EPS, basic-C$1.46-C$4.40-C$14.58-C$20.34C$0.59--
EPS, diluted-C$1.46-C$4.40-C$14.58-C$20.34C$0.59--
Diluted shares15.7M3.2M1.6M1.3M27.8M16.6M9.5M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Cash and equivalentsC$90.16MC$6.25MC$3.09MC$7.89MC$23.08MC$1.98MC$2.43M
Short-term investmentsC$89.74MC$2.18MC$4.01MC$419.2KC$7.01M--
ReceivablesC$1.04MC$573.4KC$649.6KC$2.09MC$1.41MC$810.8K-
InventoryC$3.90MC$1.53MC$1.60MC$1.06MC$3.39MC$1.23MC$48.7K
Current assetsC$99.86MC$9.08MC$6.68MC$13.52MC$33.56MC$4.36M-
Goodwill----C$5.94MC$2.17M-
Total assetsC$101.39MC$10.20MC$8.33MC$14.64MC$42.11MC$7.10M-
Current liabilitiesC$4.62MC$5.24MC$7.40MC$3.35MC$6.72MC$3.15M-
Total liabilitiesC$4.79MC$5.58MC$7.92MC$3.60MC$7.19MC$3.25M-
Shareholders' equityC$96.60MC$4.62MC$407.7KC$11.04MC$34.93MC$3.85MC$2.19M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Operating cash flow-C$23.88M-C$11.83M-C$18.77M-C$16.35M-C$22.00M--
Capital expendituresC$923.0KC$167.3KC$490.4KC$79.7KC$212.6KC$23.9KC$87.8K
Free cash flow-C$24.80M-C$12.00M-C$19.26M-C$16.43M-C$22.22M--
Investing cash flow-C$853.4K-C$23.3K-C$379.6KC$768.7K-C$3.31MC$516.4K-C$27.7K
Financing cash flowC$109.06MC$15.03MC$14.45M-C$48.1KC$46.27MC$4.17MC$6.27M
Stock-based compensationC$1.39MC$1.18MC$2.02MC$3.31MC$3.95MC$2.67MC$761.6K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue growth, YoY17.8%0.1%-13.8%7.8%61.7%216.1%-
Gross margin17.1%21.3%31.5%10.4%37.5%40.3%84.1%
Net margin-297.3%-211.5%-360.2%-363.6%-229.7%-183.7%-803.7%
Free cash flow margin-320.8%-182.9%-293.9%-216.0%-315.0%--
Return on equity-23.8%-300.3%-5791.2%-250.5%-46.4%-208.3%-506.3%
Return on assets-22.7%-136.1%-283.4%-188.9%-38.5%-112.9%-
Current ratio21.631.730.904.044.991.39-

Source: XBRL data Draganfly Inc. files with the SEC, latest filing dated Mar 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

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.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

DPRO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DPROC$7.73M+17.8%-C$22.98M-297.3%$130.0M
RTX$95.99B+11.6%$8.40B8.8%$264.91B
BA$94.91B+17.5%$7.66B8.1%$136.60B
HON$33.61B+3.9%$7.05B21.0%$72.68B
HEI$5.18B+20.7%$847.72M16.4%$47.90B
TXT$15.45B+8.5%$973.00M6.3%$14.47B
PACMXN 41.41B+23.2%MXN 9.57B23.1%$14.05B
EMBJ$7.58B+18.5%$351.90M4.6%$13.93B

DPRO FAQ

9 questions
  • What is DPRO revenue?
    Draganfly Inc. (DPRO) reported C$7.73M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 17.8% from the year before.
  • Is DPRO profitable?
    No. Draganfly Inc. reported a net loss of C$22.98M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does DPRO have?
    Draganfly Inc. reported C$90.16M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is DPRO revenue growing?
    Draganfly Inc.'s revenue changed +17.8% in fiscal 2025, to C$7.73M. Its compound annual growth rate was +12.1% over 5 years.
  • What is DPRO gross margin?
    Draganfly Inc.'s gross profit was C$1.32M on C$7.73M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 17.1%.
  • What is DPRO free cash flow?
    Draganfly Inc. generated -C$24.80M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -C$23.88M less capital expenditures.
  • What is DPRO earnings per share?
    Diluted earnings per share were -C$1.46 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did DPRO last report financial results?
    The latest statements here come from Draganfly Inc.'s 40-F filed on Mar 24, 2026, covering the period ended Dec 31, 2025.
  • Where does this DPRO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Draganfly Inc. files with the SEC. It is provided for information only and is not investment advice.