Draganfly Reports Record Q1 Revenue, $147M Cash Balance Post-Offering
DPRO has more than doubled off its 52-week low of $1.63.
Summary
Draganfly Inc. announced record first-quarter 2026 revenue, up 49.4% year-over-year, and reported a robust cash balance of $147 million following its recent US$50 million registered direct offering.
Key Events · Earnings and Guidance · DPRO
-
Record Q1 Revenue Growth
Revenue increased 49.4% year-over-year to $2.31 million, driven by a 44.8% rise in product sales.
-
Substantial Cash Balance
Cash on hand surged to $147.3 million as of March 31, 2026, up from $90.1 million at year-end 2025, reflecting the impact of the recent US$50 million offering.
-
Increased Comprehensive Loss & Margin Decline
The company reported a comprehensive loss of $5.71 million, an increase from $3.43 million in Q1 2025, partly due to non-cash share issuance costs. Gross margin decreased to 15.0% from 20.0% in the prior year.
-
Strategic Operational Wins
Draganfly secured new deployments with Search and Rescue Sweden, an award from the U.S. Air Force Special Operations Command, and continued engagement with the Canadian Army.
Analysis · DPRO · Manufacturing
Draganfly's first-quarter results show strong revenue growth and a significantly bolstered cash position, largely due to the recent US$50 million offering. While the company reported an increased comprehensive loss and a lower gross margin, the substantial cash balance provides a critical financial runway and supports ongoing operational expansion.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 35.6% of the 1216 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DPRO was trading at $5.45 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $202.2M. The 52-week trading range was $1.63 to $14.40. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.