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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Earnings

Draganfly Announces Third Quarter Results of 2025

By The Northwire Desk — AI Analysis Nov 12, 2025 · 17:10 DPRO · 10.98 Draganfly Inc.
DPRO · Price

Executive Summary

  • Draganfly reported Q3 2025 revenue of $2.16 M, up 14.4% YoY, but posted a net loss of $5.17 M and comprehensive loss of $5.43 M.
  • The company raised US$25 M in a registered direct offering to fund growth, product innovation, and potential acquisitions.
  • Significant operational wins were announced, including contracts with the U.S. Army, DoD selections for Commander 3XL UAV, sales to a Fortune‑50 telecom firm, and expansion of its U.S. manufacturing footprint.

Key Details

  • Revenue: $2,155,993 (↑14.4% YoY).
  • Product Sales: $1,622,286 (↑22.1% YoY).
  • Gross Profit: $420,947 (down 4.5% YoY); gross margin 19.5% vs. 23.4% in Q3 2024. Adjusted gross profit would have been $464,284 (margin 21.5%) excluding a $43,337 non‑cash inventory write‑down.
  • Net Loss: $(5,169,797) for the quarter (vs. $(200,194) in Q3 2024).
  • Comprehensive Loss: $(5,425,004) (adjusted loss $(3,579,510) excluding non‑cash items).
  • Cash Balance: $69,881,348 as of Sept 30 2025 (up from $6.25 M on Dec 31 2024).
  • Operating Expenses: $5,346,776; Operating loss $(4,925,829).
  • Other Income: $1,593,650, driven largely by a negative change in fair‑value derivative liability of $(1,837,618).

Operational Highlights

  • Selected by the U.S. Army to supply Flex FPV Drone Systems.
  • Commander 3XL UAV chosen by a major DoD branch for advanced operational initiatives.
  • Sale of Commander 3XL systems to a global defense contractor for ISR and perimeter security.
  • Completed sale of multiple Heavy‑Lift Drones to a Fortune‑50 telecommunications company for emergency response communications.
  • Expansion of U.S. manufacturing footprint announced to meet rising demand.
  • Demonstrated Commander 3XL and Flex FPV drones at the T‑REX 24‑2 Military Technology Exercise, validating multi‑domain defense capabilities.
  • Teamed with Autonome Labs to showcase landmine route‑clearance technology at the Countering Explosives Conference.

Financing

  • Raised US$25 million via a registered direct offering to institutional investors.
  • Proceeds earmarked for accelerating growth, product innovation, and potential acquisition initiatives.

Subsequent Events

  • Filed a new final short‑form base shelf prospectus (Form F‑10) on Oct 24 2025, authorizing public offerings up to C$300 million.
  • Shareholder update and earnings call scheduled for Nov 12 2025 at 2:30 p.m. PDT / 5:30 p.m. EDT (registration link provided).

Notable Quotes

(No direct CEO quotes were included in the release.)

Read the original news release →

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