Dragonfly Energy (NASDAQ:DFLI) Posts Earnings Results, Misses Expectations By $0.12 EPS

Posted by on May 15th, 2026

Dragonfly Energy (NASDAQ:DFLI – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.52) by ($0.12), FiscalAI reports. The firm had revenue of $9.70 million during the quarter, compared to the consensus estimate of $9.48 million.

Here are the key takeaways from Dragonfly Energy’s conference call:

  • Dragonfly Energy said Q1 results came in above guidance for both net sales and adjusted EBITDA, even though the RV market remained soft.
  • The company announced its largest trucking order to date, a more than $3 million Stevens Transport purchase covering nearly 500 trucks, with deliveries starting in Q2 and ramping through 2026.
  • Management highlighted improving economics in heavy-duty trucking, saying higher diesel prices have shortened payback periods for its solutions to under 10 months, supporting fleet adoption.
  • Dragonfly Energy implemented cost cuts that are expected to drive about $9 million in annualized adjusted EBITDA improvement, including workforce and marketing reductions plus lower rental expense.
  • For Q2, the company guided to $13.2 million in net sales and a smaller adjusted EBITDA loss of about $1.9 million, while reiterating its long-term target of positive adjusted EBITDA at a roughly $70 million annualized sales run rate.

Dragonfly Energy Price Performance

Shares of NASDAQ DFLI traded down $0.03 during trading on Thursday, hitting $1.93. The company had a trading volume of 870,589 shares, compared to its average volume of 489,022. The company has a market cap of $23.45 million, a P/E ratio of -0.06 and a beta of 0.19. Dragonfly Energy has a 52 week low of $1.50 and a 52 week high of $26.10. The business’s 50-day moving average is $2.13 and its 200 day moving average is $4.29. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.31 and a current ratio of 2.54.

Wall Street Analysts Forecast Growth

DFLI has been the topic of a number of recent analyst reports. Wall Street Zen cut Dragonfly Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Zacks Research cut Dragonfly Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 18th. Canaccord Genuity Group dropped their target price on Dragonfly Energy from $22.50 to $3.25 and set a “buy” rating on the stock in a report on Tuesday, March 17th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Dragonfly Energy in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $3.25.

Get Our Latest Stock Report on DFLI

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. State Street Corp bought a new position in shares of Dragonfly Energy in the fourth quarter valued at $39,000. OMERS ADMINISTRATION Corp purchased a new position in Dragonfly Energy during the 4th quarter worth approximately $47,000. Jane Street Group LLC purchased a new position in Dragonfly Energy during the 4th quarter worth approximately $266,000. Essex Investment Management Co. LLC purchased a new position in Dragonfly Energy during the 4th quarter worth approximately $602,000. Finally, Alyeska Investment Group L.P. purchased a new position in Dragonfly Energy during the 4th quarter worth approximately $2,285,000. Institutional investors own 8.19% of the company’s stock.

Dragonfly Energy Company Profile

(Get Free Report)

Dragonfly Energy Corp. is a designer and manufacturer of lithium iron phosphate (LiFePO4) battery systems geared toward mobile, residential and commercial energy storage applications. The company develops modular battery packs and integrated power management solutions that focus on safety, long cycle life and compact form factors. Dragonfly’s core product lineup includes 12-volt and 24-volt battery modules, as well as multi-unit rack systems tailored for backup power, solar energy storage and off-grid installations.

Serving a broad range of end markets, Dragonfly Energy’s batteries are commonly deployed in recreational vehicles, marine vessels, overland expedition setups and residential solar arrays.

Featured Stories

Earnings History for Dragonfly Energy (NASDAQ:DFLI)

Receive News & Ratings for Dragonfly Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dragonfly Energy and related companies with MarketBeat.com's FREE daily email newsletter.