Earnings ·
Draganfly Inc. reported second quarter 2026 revenue of $2,664,237, a 26.0% year-over-year increase, with product sales…
DPRODraganfly Inc.
Draganfly Inc. reported second quarter 2026 revenue of $2,664,237, a 26.0% year-over-year increase, with product sales up 34.6%. Gross profit was $533,149 (20.0% margin), impacted by a one-time inventory write-down of $43,662; excluding this item, gross margin would have been 21.7%. The company reported a comprehensive loss of $11,831,664, driven largely by a non-cash share-based compensation grant of $3,736,959 and increased operating expenses in R&D and personnel. Cash balances rose to $131,908,197 as of June 30, 2026. Strategic developments include an exclusive distribution agreement with ACSL for the Japanese market, selection by U.S. Department of War units for Flex FPV systems, a joint counter-UAS development with F4 Defense International, and the acquisition of Skip Dynamix’s fixed-wing technology. Draganfly Inc. operates in the drone solutions and systems development industry.