Dragonfly Energy Q1 net sales $13.4M, above guidance; OEM sales up 11% YoY; Q2 guide $14.8M

Dragonfly Energy Holdings Corp.

2025-Q1 EPS reported -$0.93 revenue$13,356,000

Net sales $13.4M (+6.8% YoY), above Q1 guidance; OEM sales $8.1M (+10.8%).
Gross margin 29.4%, up 500 bps from 24.4% on higher volume.
Net loss $(6.8)M vs $(10.4)M; adjusted EBITDA $(3.6)M vs $(5.2)M, above guidance.
Q2 2025 guidance: net sales ~$14.8M (12% YoY growth), adjusted EBITDA ~$(3.5)M.
Corporate optimization program enhanced manufacturing efficiency without headcount increase.

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