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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Earnings

Draganfly Reports Record Q4 and Year End Results

By The Northwire Desk — AI Analysis Mar 24, 2026 · 16:46 DPRO · 8.72 Draganfly Inc.
DPRO · Price

Executive Summary

  • Draganfly reported FY 2025 revenue of C$7.73 M, up 17.8% YoY, but posted a comprehensive loss of C$22.98 M (including non‑cash items).
  • Q4 2025 revenue reached C$1.91 M (+18.5% YoY); however, gross profit fell to C$85,709 and the quarter’s comprehensive loss was C$9.37 M.
  • The company announced multiple strategic defense partnerships (Global Ordnance, Palladyne AI, Babcock, DelMar Aerospace) and secured several major orders, including a repeat order from a Fortune‑50 telecom firm and an international military contract for Commander 3XL drones.

Key Details

  • FY 2025 Financial Highlights
  • Total revenue: C$7,731,163 (↑17.8% YoY).
  • Product sales: C$6,869,815 (↑28.0%).
  • Services revenue: C$861,348 (↓27.7%).
  • Gross profit: C$1,321,336 (‑5.5% YoY); adjusted gross margin 20.4% vs. 30.9% in 2024 (excludes inventory write‑downs).
  • Comprehensive loss (incl. non‑cash): C$22,979,770 (↑ C$8.92 M YoY).

  • Cash balance at year‑end: C$90,156,821.

  • Q4 2025 Financial Highlights

  • Revenue: C$1,912,199 (↑18.5% YoY).
  • Gross profit: C$85,709 (‑C$130,031 YoY); adjusted gross margin 17.2% vs. 23.8% in Q4 2024.
  • Comprehensive loss (incl. non‑cash): C$9,371,420 (↑ C$4.66 M YoY).

  • Operating expenses: C$7,880,178 (↑ C$3.79 M YoY).

  • Non‑Cash Adjustments

  • FY 2025 inventory write‑down: C$259,091; Q4 2025 write‑down: C$244,000.

  • Derivative liability fair‑value loss (FY): C$2,648,288; (Q4) C$788,180.

  • Strategic Partnerships & Orders

  • Defense partnership with Global Ordnance to supply advanced UAVs for U.S. military/government programs.
  • Collaboration with Palladyne AI on autonomy and swarming capabilities for defense/commercial drones.
  • Appointment of Drone Nerds as official value‑added reseller for NDAA‑compliant portfolio (U.S. distribution).
  • Strengthened Military Advisory Board – veterans Victor Meyer & Keith Kimmel added.
  • Secured second major order from a Fortune 50 telecom company for heavy‑lift NDAA‑compliant drones.
  • Demonstrated Outrider Southern Border drone at a border‑security summit; reported successful deployment with U.S. law‑enforcement agencies.
  • Won international military contract for Commander 3XL systems, expanding global defense footprint.
  • Exploring strategic collaboration with Babcock to enter Asia‑Pacific markets.

  • Contract with U.S. Air Force Special Operations Command (via DelMar Aerospace) to deliver Flex FPV drones and training.

  • Shareholder Communication

  • Shareholder update call scheduled for March 24, 2026 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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