Dragonfly Energy Q3 net sales $16.0M beats guidance; gross margin expands 710 bps

Dragonfly Energy Holdings Corp.

2025-Q3 EPS reported -$0.98 revenue$45,571,000

Q3 net sales $16.0M, up 25.5% YoY; OEM sales $10.7M (+44.3%); net loss $(11.1)M or $(0.20)/share.
Adjusted EBITDA improved to $(2.1)M from $(5.5)M; gross margin 29.7%, up 710 bps.
Completed three public offerings raising ~$90M gross proceeds; debt restructuring reduced outstanding debt.
Q4 guidance: net sales ~$13.0M (7% YoY growth); adjusted EBITDA ~$(3.3)M.

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