Dragonfly Energy Q1 FY26 net loss narrows to $6.63 million; net sales drop 27.3% to $9.7 million

Dragonfly Energy

Dragonfly Energy

DFLI

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  • Dragonfly Energy posted a net loss of USD 6.63 million for quarter ended March 31, 2026, narrowing from USD 6.8 million a year earlier.
  • Net sales fell 27.3% to USD 9.7 million, with OEM sales of USD 5.75 million and DTC sales of USD 3.7 million.
  • Gross profit dropped 56.5% to USD 1.71 million, with gross margin down 11.8 percentage points to 17.6%.
  • Operating loss improved to USD 5.73 million, while interest expense, net declined to USD 1.47 million.
  • Subsequent to quarter-end, 379,700 shares were sold under the at-the-market program for about USD 830,400 in net proceeds; a Stevens Transport purchase order topped USD 3 million for about 500 trucks.


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