Dragonfly Energy Holdings Corp. Common Stock (NV) Earnings Recaps
Q1 2026
May 15, 2026
Shares fell 1.5% following Q1 results as investors weighed ongoing softness in the RV market and cautious outlook, despite progress in heavy-duty trucking. The modest decline signals lingering concerns about near-term growth given industry headwinds.
Key takeaways
- Revenue and adjusted EBITDA came in above guidance, but the RV market remains soft with year-over-year declines in industry shipments and retail sales.
- Healthy adoption trends continue within OEM partnerships, driven by broader integration and increased energy storage content.
- Heavy-duty trucking business shows growing momentum, highlighted by a significant $3 million purchase order from Stevens Transport for nearly 500 trucks, signaling early traction in this segment.
- Cost reduction initiatives are delivering results, expected to yield approximately $9 million in annualized adjusted EBITDA improvement through expense cuts and rental space consolidation.
- Investment continues in technology and IP, including a new patent allowance in Japan and a $527,000 Nevada Tech Hub grant to support in-house cell prototyping.
Q3 2025
Nov 15, 2025
Dragonfly Energy Holdings Corp. reported strong third-quarter performance with a 26% revenue increase to $16 million, driven by operational efficiencies and a successful capital restructuring that significantly improved liquidity.
Key takeaways
- Revenue rose 26% year-over-year, highlighting robust sales growth.
- Gross margin expanded over 700 basis points to nearly 30%, supported by improved product mix and cost management.
- Successfully raised approximately $90 million and restructured $75 million in debt, reducing debt principal to $19 million and enhancing financial flexibility.
- Strengthened partnerships in the RV market, with Battle Born Batteries becoming standard in multiple OEM models, including Airstream and Ember RV.
- Positive traction in heavy-duty trucking sector with new orders following successful pilot programs, reinforcing product validation and market growth potential.