5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $59M | -$70M | 26.7% | -39.5% | -$28M | $19M | $18M |
| 2024 | $51M | -$41M | 23.0% | -50.9% | -$10M | $86M | $5M |
| 2023 | $64M | -$14M | 24.0% | -42.6% | -$25M | $76M | $13M |
| 2022 | $86M | -$40M | 27.4% | -39.9% | -$53M | $76M | $18M |
| 2021 | $78M | $4M | 38.0% | 8.3% | -$17M | — | $26M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $10M | -$7M | 17.6% | -59.0% | -$9M | $19M | $9M |
| Dec '25 | $13M | -$45M | 18.2% | -78.1% | -$15M | $19M | $18M |
| Sep '25 | $16M | -$11M | 29.7% | -23.7% | -$4M | $97M | $4M |
| Jun '25 | $16M | -$7M | 28.3% | -20.2% | -$4M | $93M | $3M |
| Mar '25 | $13M | -$7M | 29.4% | -44.3% | -$5M | $89M | $3M |
| Dec '24 | $12M | -$10M | 20.8% | -58.5% | -$3M | $86M | $5M |
| Sep '24 | $13M | -$7M | 22.6% | -47.4% | $2M | $82M | $8M |
| Jun '24 | $13M | -$14M | 24.0% | -51.1% | -$5M | $80M | $5M |
| Mar '24 | $13M | -$10M | 24.4% | -46.7% | -$4M | $77M | $9M |
| Dec '23 | $10M | $3M | 21.6% | -29.7% | -$1M | $76M | $13M |
| Sep '23 | $16M | -$10M | 28.9% | -37.0% | -$15M | $75M | $13M |
| Jun '23 | $19M | -$12M | 20.4% | -44.4% | -$4M | $79M | $33M |
| Mar '23 | $19M | $5M | 24.8% | -52.6% | -$4M | $77M | $16M |
| Dec '22 | $20M | -$33M | 20.1% | -142.9% | -$22M | $76M | $18M |
| Sep '22 | $26M | -$4M | 26.9% | -13.1% | -$6M | — | $316023 |
| Jun '22 | $22M | -$1M | 32.5% | -2.4% | -$9M | — | $349716 |
| Mar '22 | $18M | -$2M | 30.0% | -8.5% | -$16M | — | $647178 |
| Dec '21 | — | $2M | — | — | — | — | $26M |
| Sep '21 | — | $3M | — | — | — | — | $887208 |
| Jun '21 | — | -$834 | — | — | — | — | $16927 |
How the market has priced DFLI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, Dragonfly Energy Holdings Corp.'s revenue has declined 6.9% per year. These are computed facts, not advice.
As of FY2025, Dragonfly Energy Holdings Corp. reported $19M of total debt against $18M of cash; operating income covered interest expense -1.1×.
In FY2025, gross margin was 26.7%, operating margin -39.5%, and net margin -119.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.