Filing Flows › Dragonfly Energy Holdings (DFLI) › Q1 2026 › vs Q1 2025
Dragonfly Energy Holdings (DFLI) Q1 2026 vs Q1 2025 (year over year)
Dragonfly Energy Holdings's revenue fell $3.7M (-27%) from $13.4M in Q1 2025 to $9.7M in Q1 2026. The biggest changes: Original Equipment Manufacturers −$2.3M (-29%); Direct to Consumers −$1.3M (-26%); Original Equipment Manufacturers Segment −$1K (-40%).
Dragonfly Energy Holdings, Q1 2026: revenue $9.7M (-27% year over year), operating margin -59.0%, net loss $6.6M, operating cash flow −$8.8M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Original Equipment Manufacturers | $5.8M | $8.1M | −$2.3M | -29% |
| Direct to Consumers | $3.7M | $5.0M | −$1.3M | -26% |
| Other | $250K | $250K | $0 | 0% |
| Original Equipment Manufacturers Segment | $1K | $2K | −$1K | -40% |
| Revenue | $9.7M | $13.4M | −$3.7M | -27% |
| Net loss | $6.6M | $6.8M | −$172K | -3% |
| Costs & expenses | $16.3M | $20.2M | −$3.8M | -19% |
| Operating costs | $15.4M | $19.3M | −$3.8M | -20% |
| Interest & other, net | $898K | $883K | $15K | +2% |
| Cost of revenue | $8.0M | $9.4M | −$1.4M | -15% |
| Research & development | $980K | $1.0M | −$20K | -2% |
| Sales & marketing | $2.0M | $2.5M | −$510K | -21% |
| General & admin | $4.5M | $6.4M | −$1.9M | -29% |
| Operating cash sources | $9.7M | $5.6M | $4.1M | +73% |
| Depreciation & amortization | $794K | $859K | −$65K | -8% |
| Share-based compensation | $100K | $220K | −$120K | -55% |
| Cash used in operations | $8.8M | $4.5M | $4.3M | +95% |
| Net loss absorbed | $6.6M | $6.8M | −$172K | -3% |
| Working capital & other | $3.1M | −$1.2M | $4.3M | — |
Questions
How much did Dragonfly Energy Holdings's revenue grow year over year in Q1 2026?
Dragonfly Energy Holdings's revenue fell $3.7M (-27%) from $13.4M in Q1 2025 to $9.7M in Q1 2026.
What drove Dragonfly Energy Holdings's revenue change in Q1 2026?
Original Equipment Manufacturers −$2.3M (-29%); Direct to Consumers −$1.3M (-26%); Original Equipment Manufacturers Segment −$1K (-40%).