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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DFLI›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Dragonfly Energy Holdings Corp. (DFLI) financials

Income statement

Dragonfly Energy Holdings Corp. (DFLI) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$78.0M$86.3M$64.4M$50.6M$58.6M
Revenue growth——10.6%-25.3%-21.3%15.8%
Gross profit—$29.6M$23.6M$15.4M$11.6M$15.6M
Gross margin—38.0%27.4%24.0%23.0%26.7%
Operating income—$6.47M-$34.4M-$27.4M-$25.8M-$23.2M
Operating margin—8.3%-39.9%-42.6%-50.9%-39.5%
Net income—$4.34M-$40.0M-$13.8M-$40.6M-$69.9M
Net margin—5.6%-46.4%-21.5%-80.2%-119.3%
EPS (diluted)—$0.11-$1.04-$2.36-$59.15-$14.80

Cash flow

Dragonfly Energy Holdings Corp. (DFLI) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$13.6M-$45.7M-$17.7M-$7.19M-$26.0M
Capital expenditures—$2.97M$6.86M$6.88M$2.68M$1.95M
Free cash flow—-$16.5M-$52.6M-$24.6M-$9.87M-$27.9M

Balance sheet

Dragonfly Energy Holdings Corp. (DFLI) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$25.0K$25.6M$17.8M$12.7M$4.85M$18.3M
Total assets$25.0K$76.3M$89.1M$75.2M$75.2M$86.5M
Total liabilities$1.00K$60.2M$78.4M$47.3M$84.6M$52.8M
Long-term debt——$76.2M$75.9M$29.6M$9.21M
Shareholders' equity$8.55M$15.9M$10.7M$27.9M-$9.40M$11.5M
Retained earnings-$1.00K$12.4M$12.3M-$41.5M-$82.2M-$152M
Shares (wtd avg diluted)—37.7M38.6M5.87M687K4.78M

Every figure is extracted from Dragonfly Energy Holdings Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Dragonfly Energy Holdings Corp.'s annual revenue?
Dragonfly Energy Holdings Corp. (DFLI) reported $58.6M of revenue for fiscal year 2025 — up 15.8% from $50.6M in FY2024, per its annual report filed with the SEC.
Is Dragonfly Energy Holdings Corp. profitable?
Not in FY2025 — DFLI reported a net loss of $69.9M, per SEC filings.
What is Dragonfly Energy Holdings Corp.'s free cash flow?
-$27.9M in FY2025 (operating cash flow -$26.0M minus $1.95M of capital expenditures), from the SEC cash-flow statement.
Does DFLI pay a dividend?
Dragonfly Energy Holdings Corp. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DFLI analysis — verdict, score & filings →Is DFLI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.