Earnings ·
Dragonfly Energy Holdings Corp. reported preliminary second quarter 2026 results with net sales of $13.2 million, a…
DFLIWDragonfly Energy Holdings Corp.
Dragonfly Energy Holdings Corp. reported preliminary second quarter 2026 results with net sales of $13.2 million, a decline from $16.2 million in the prior year period due to lower RV shipments and consumer demand pressures. The company posted a gross margin of 33.0% and an Adjusted EBITDA loss of $(1.6) million, representing a $3.0 million sequential improvement driven by cost reduction actions. Net loss attributable to common shareholders was $(5.5) million, or $(0.43) per diluted share. Subsequent to the quarter-end, Dragonfly acquired the Dakota Lithium brand assets and amended debt arrangements with existing lenders, converting two quarters of interest to paid-in-kind and deferring certain covenants until September 2027 to preserve approximately $1 million in near-term liquidity. The company provided third quarter guidance for net sales of approximately $13.5 million and an Adjusted EBITDA loss of $(2.4) million. Dragonfly Energy Holdings Corp. operates in the lithium battery technology industry, developing energy storage solutions for mobile, off-grid, industrial, and specialty applications.