NASDAQ$DFLI
Dragonfly Energy Holdings Corp · Q2 2026 earnings
Q2 2026 earnings · · After market close
Briefing
Dragonfly Energy reported Q2 2026 net sales in line with guidance and adjusted EBITDA above expectations amid cost reductions and market challenges.
Net sales reached $13.2 million with OEM contributing $8.4 million and DTC $4.5 million, reflecting year-over-year declines due to softer RV and consumer markets. Gross margin improved to 33.0% while adjusted EBITDA loss narrowed sequentially by $3.0 million to $1.6 million. The company announced the Dakota Lithium acquisition and provided Q3 guidance of approximately $13.5 million in net sales.
- Net sales of $13.2 million were in line with guidance, down 19% YoY, with OEM at $8.4 million and DTC at $4.5 million.
- Gross margin expanded to 33.0% from 28.3% YoY, supported by a $1.1 million tariff refund benefit.
- Adjusted EBITDA improved $3.0 million sequentially to a $(1.6) million loss, driven by cost reduction actions.
- Announced Dakota Lithium acquisition to expand into marine, powersports, and specialty markets with expected Q4 revenue contribution.
Headline financials
Revenue & EPS history
Dragonfly Energy Holdings Corp · Revenue · Quarterly
$13.2M
Revenue by segment
Dragonfly Energy Holdings Corp · $13.2M total across 3 segments · Q2 2026
- OEM$8.43M—64.1%
- DTC$4.48M—34.0%
- Licensing Fee$250K—1.9%
Forward guidance
Q3 2026 net sales expected at approximately $13.5 million with adjusted EBITDA of approximately $(2.4) million; company reaffirms target of positive adjusted EBITDA at $70 million annual net sales run rate.
Tailwinds
- Heavy-duty trucking revenue expected to more than double sequentially in Q3
- Dakota Lithium acquisition expected to contribute meaningful revenue and be accretive to adjusted EBITDA starting in Q4
- Cost reduction actions driving operating leverage
Headwinds
- Continued soft RV market conditions
- Temporary costs from vacated facility space and Dakota Lithium integration in Q3
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports
-7.5%
Avg return
Earnings day
-14.7%
Avg return
5 days after
-18.3%
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 |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -2.0% | -9.7% | -11.2% | |
| 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% |
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