Draganfly (DPRO) Financial Statements & Analysis

Draganfly (DPRO) Income Statement

Draganfly reported revenue of CAD 7.73M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 17.8% from CAD 6.56M a year earlier. Draganfly posted a net loss of CAD 22.98M, compared with a net loss of CAD 13.88M a year earlier. Gross margin was 12.6% and operating margin -271.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CAD 2.66M, up 26.0% from the same quarter a year earlier.

Draganfly Income Statement Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Draganfly Inc. income statement - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Mar 2020	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	7.73	6.56	6.55	7.61	7.05	7.05	4.36	4.36	1.38	1.39	0.83
Cost of Revenue	6.76	5.16	4.49	4.84	4.41	4.41	2.60	2.60	0.22	0.45	0.47
Gross Profit	0.97	1.40	2.06	2.77	2.64	2.64	1.76	1.76	1.16	0.93	0.36
Operating Expenses
Research & Development	0.97	0.93	1.55	0.65	0.51	0.51	0.57	0.57	0.02	0.02	0.06
Selling, General & Administrative	17.63	13.26	19.81	26.28	19.67	21.10	9.53	7.36	4.43	1.46	1.84
Operating Expenses	21.99	16.14	24.68	27.70	21.90	21.92	10.23	10.75	4.50	1.52	1.90
Operating Income	-21.02	-14.74	-22.61	-24.93	-22.30	-19.28	-7.12	-8.99	-3.34	-0.58	-1.54
Other Income/Expense
Interest Income	1.09	0.11	0.08	0.04	0.01	0.01	0.00	-	0.00	0.00	0.32
Interest Expense	0.00	0.00	0.00	0.00	0.00	-	0.02	-0.02	0.17	0.15	0.00
Other Income/Expense	-1.96	0.86	-1.08	5.51	5.72	8.18	0.43	-0.68	-7.76	-0.02	0.61
Income
Income Before Tax	-22.98	-13.88	-23.61	-27.65	-16.20	-16.20	-8.02	-8.02	-11.10	-0.60	-0.93
Income Tax Expense	0.00	0.00	0.00	1.50	-3.05	-	1.38	-	0.17	0.00	0.00
Net Income	-22.98	-13.88	-23.61	-27.65	-13.16	-16.20	-9.39	-8.02	-11.27	-0.60	-0.93
Net Income - Continuous Operations	-22.98	-13.88	-23.61	-27.65	-13.16	-16.20	-9.39	-	-11.27	-0.60	-0.93
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-20.67	-13.30	-22.06	-24.16	-18.97	-18.97	-7.87	-8.92	-3.29	-0.43	-1.51
EBIT	-20.83	-14.25	-22.61	-24.93	-	-19.28	-	-8.99	-	-	-
Depreciation & Amortization	0.35	0.58	0.55	0.77	0.31	0.31	0.15	0.06	0.05	0.04	0.03
Earnings Per Share
Basic EPS	-1.00	-4.00	-15.00	-21.00	-12.00	-15.00	-14.00	-12.00	-30.00	-2.00	-5.00
Diluted EPS	-1.00	-4.00	-15.00	-21.00	-12.00	-15.00	-14.00	-12.00	-30.00	-2.00	-5.00
Basic Shares Outstanding	15.72	3.16	1.62	1.34	1.11	1.11	0.66	0.66	0.38	0.31	0.17
Diluted Shares Outstanding	15.72	3.16	1.62	1.34	1.11	1.11	0.66	0.66	0.38	0.31	0.17

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Draganfly Financial Statements

What was Draganfly's revenue in fiscal 2025?

Draganfly reported revenue of CAD 7.73M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 17.8% from CAD 6.56M a year earlier.

Is Draganfly profitable?

No. Draganfly reported a net loss of CAD 22.98M in fiscal 2025. In fiscal 2024 it lost CAD 13.88M.

What is Draganfly's operating margin?

Draganfly's operating income was −CAD 21.02M on revenue of CAD 7.73M in fiscal 2025, an operating margin of -271.9%, compared with -224.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition