earnings
confidence high
sentiment negative
materiality 0.65
Dragonfly Energy Q1 net sales $9.7M, down 27%; adj EBITDA $(4.6)M; guides Q2 sales $13.2M
Dragonfly Energy Holdings Corp.
2026-Q1 EPS reported
-$0.64
revenue$9,704,000
- Q1 net sales $9.7M (-27% YoY); OEM $5.8M (-29%), DTC $3.7M (-26%).
- Net loss attributable to common shareholders $(7.7)M ($(0.64)/diluted share); adjusted EBITDA $(4.6)M.
- Gross margin 17.6% vs 29.4% prior year, impacted by lower battery and accessory volumes.
- Stevens Transport purchase order >$3M for nearly 500 trucks, expanding heavy-duty trucking adoption.
- Q2 guidance: net sales ~$13.2M (+36% sequentially) and adjusted EBITDA loss ~$(1.9)M.
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