---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029635"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:30:32.228287+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dragonfly Energy Q2 loss $11.7M, revenue $19.3M; largest RV customer de-contenting to materially limit H2 2023

## Summary
- Net sales $19.3M (down 11% from $21.6M); gross profit $4.1M (down 41% from $7.0M).
- Net loss $(11.7M) vs $(1.5M) loss year ago; diluted EPS $(0.25).
- Largest RV customer converted storage from standard to dealer option; all forecasted revenue removed for remainder of 2023.
- Q3 outlook: net sales $16-20M, net loss $(10)-(13)M ($0.21-$0.27 per share).
- Cash $33M; $150M equity line; pilot cell line complete; full cell production targeted by year end.

## SEC filing metadata
- accession: 0001493152-23-029635
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315223029635/0001493152-23-029635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315223029635/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029635
- JSON: https://secwatch.observer/filing/0001493152-23-029635.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029635.txt

## Key facts
- Earnings Releases
  Dragonfly Energy Holdings Corp. reported second quarter ended June 30, 2023 results: revenue $19.3 million, net income $(11.7) million, EPS $(0.25) per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $19.3 million
  - Net income: $(11.7) million
  - EPS: $(0.25) per diluted share
  - Result: reported results
  source text: storage batteries, today reported its financial and operational results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights ● Net Sales were $19.3 million, compared to $21.6 million in Q2 2022 ● Gross Profit was $4.1 million, compared to $7.0 million in Q2 2022 ● Operating expenses were $(12.5) million, compared to $(7.6) million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847986/000149315223029635/0001493152-23-029635-index.htm
- Earnings Releases
  Dragonfly Energy Holdings Corp. reported Q3 2023 results: revenue between $16.0 - $20.0 million, net income between $(10.0) - $(13.0) million, EPS between $(0.21) - $(0.27) per share.
  - Period: Q3 2023
  - Revenue: between $16.0 - $20.0 million
  - Net income: between $(10.0) - $(13.0) million
  - EPS: between $(0.21) - $(0.27) per share
  - Result: guidance update
  source text: Net Sales are expected to range between $16.0 - $20.0 million, impacted by overall softer demand from the RV market
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847986/000149315223029635/0001493152-23-029635-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
