NASDAQ$DFLI
Dragonfly Energy Holdings Corp · Q1 2026 earnings
Q1 2026 earnings ·
Briefing
Dragonfly Energy Holdings Corp reported a net loss of $6.6 million for the first quarter of 2026.
Dragonfly Energy Holdings Corp recorded net sales of $9.7 million in Q1 2026, down from $13.4 million in the prior-year quarter, primarily due to lower OEM and direct-to-consumer battery sales amid macroeconomic pressures and inventory adjustments by RV customers. The company posted a gross profit of $1.7 million and an operating loss of $5.7 million, with net loss attributable to common shareholders of $7.7 million after preferred dividends. Cash and cash equivalents declined to $8.6 million as of March 31, 2026.
- Net sales decreased 27% year-over-year to $9.7 million, driven by reduced demand in OEM and DTC channels.
- Gross margin contracted to 17.6% from 29.4% due to lower volumes and higher material costs including tariffs.
- Operating expenses fell to $7.4 million from $9.8 million, reflecting cost reduction initiatives and lower headcount.
- The company maintained a $5 million minimum liquidity covenant under its restructured term loan and has access to an at-the-market equity facility.
Headline financials
Revenue & EPS history
Dragonfly Energy Holdings Corp · Revenue · Quarterly
$9.7M
Revenue by segment
Dragonfly Energy Holdings Corp · $9.7M total across 3 segments · Q1 2026
- Original Equipment Manufacture$5.75M—59.3%
- Direct to Consumer$3.7M—38.1%
- License Fee Revenue$250K—2.6%
Forward guidance
No explicit quantitative guidance provided.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports · overlaid with Q1 2026
-7.5%
Avg return
Earnings day
-14.7%
Avg return
5 days after
-19.1%
Avg return
30 days after
18%
2 / 11 earnings
Positive
+4.7%
Q3 2024
Best reaction
-25.2%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -9.7% | — | |
| Q4 2025 | -21.9% | -30.8% | -30.8% | |
| Q3 2025 | +0.0% | -23.2% | -12.3% | |
| Q2 2025 | -1.9% | +12.6% | +1.9% | |
| Q1 2025 | -11.3% | -16.9% | -32.8% | |
| Q3 2024 | +4.7% | -27.6% | -30.4% | |
| Q2 2024 | +0.4% | -8.5% | -13.0% | |
| Q1 2024 | -25.2% | -13.8% | -31.2% | |
| Q3 2023 | -22.1% | -22.1% | -22.8% | |
| Q2 2023 | -1.3% | -16.9% | -4.6% | |
| Q1 2023 | -1.7% | -5.0% | -14.4% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro