DFLI · XBRL financial data
Dragonfly Energy Holdings financial statements, every fiscal year
The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (DFLI's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue | — | — | 64,392 | 50,645 | 58,630 |
| Revenue from contracts with customers | 78,000 | 86,251 | 64,392 | 50,645 | 58,630 |
| Cost of goods and services sold | 48,375 | 62,247 | 48,946 | 39,019 | 42,983 |
| Gross profit | 29,625 | 24,004 | 15,446 | 11,626 | 15,647 |
| Research and development | 2,689 | 2,764 | 3,863 | 5,451 | 2,981 |
| General and administrative | 10,621 | 41,566 | 26,389 | 21,909 | 22,992 |
| Total operating expenses | 23,158 | 58,001 | 42,875 | 37,385 | 38,820 |
| Operating income (loss) | (358) | (33,997) | (27,429) | (25,759) | (23,173) |
| Interest income | 24 | — | — | — | — |
| Interest expense | 519 | 6,945 | 16,015 | 21,504 | 20,265 |
| Other income (expense) | 1 | 40 | 19 | (36) | 131 |
| Income tax expense (benefit) | 1,611 | (709) | (26) | — | (94) |
| Net income (loss) | 1,910 | (39,571) | (13,817) | (40,615) | (69,939) |
| Earnings per share, basic‡ USD per share | 0.18 | (1.03) | (0.26) | (5.91) | (14.80) |
| Earnings per share, diluted‡ USD per share | 0.17 | (1.03) | (0.26) | (5.91) | (14.80) |
| Weighted average shares, basic‡ thousands of shares | 10,803 | 38,565 | 52,786 | 6,867 | 4,783 |
| Weighted average shares, diluted‡ thousands of shares | 11,166 | 38,565 | 52,786 | 6,867 | 4,783 |
- ‡ Per-share figures and share counts are adjusted for the 1.182-for-1 stock split (June 2023); filings made before it reported them unadjusted.
- † Share count changed about 1/8 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (DFLI's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 800 | 17,781 | 12,713 | 4,849 | 18,270 |
| Accounts receivable | 783 | 1,444 | 1,639 | 2,416 | 4,215 |
| Inventory | 27,127 | 49,846 | 38,778 | 21,716 | 24,234 |
| Total current assets | 1,102 | 73,489 | 55,920 | 32,925 | 50,180 |
| Property and equipment, net | 4,461 | 10,760 | 15,969 | 22,107 | 20,741 |
| Right-of-use asset | 5,709 | 4,513 | 3,315 | 19,737 | 15,240 |
| Total assets | 129,524 | 88,762 | 75,204 | 75,214 | 86,549 |
| Accounts payable | 17 | 13,475 | 10,258 | 10,716 | 10,322 |
| Accrued liabilities | 32 | — | — | — | — |
| Current portion of long-term debt | — | 19,242 | 19,683 | — | 433 |
| Total current liabilities | 114 | 40,566 | 40,377 | 21,855 | 19,757 |
| Long-term debt | — | — | — | 29,646 | 9,212 |
| Lease liability, non-current | 4,694 | 3,541 | 2,234 | 22,588 | 20,470 |
| Total liabilities | 2,150 | 77,430 | 47,292 | 84,618 | 52,763 |
| Accumulated deficit | (1,025) | (27,133) | (41,539) | (82,154) | (152,093) |
| Total stockholders' equity | (1,024) | 11,332 | 27,912 | (9,404) | 11,530 |
| Total liabilities and equity | 129,524 | 88,762 | 75,204 | 75,214 | 86,549 |
| Common shares outstanding (cover page)‡ thousands of shares | 22,092 | 45,795 | 60,260 | 7,590 | 12,149 |
- ‡ Per-share figures and share counts are adjusted for the 1.182-for-1 stock split (June 2023); filings made before it reported them unadjusted.
- † Share count changed about 1/8 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (DFLI's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | 1,910 | (39,571) | (13,817) | (40,615) | (69,939) |
| Stock-based compensation | 734 | 2,467 | 6,710 | 1,020 | 714 |
| Depreciation and amortization | 617 | 891 | 1,237 | 1,372 | 2,236 |
| Net cash from operating activities | (547) | (45,696) | (17,706) | (7,182) | (25,968) |
| Purchases of property and equipment | 2,970 | 6,862 | 6,885 | 2,737 | 1,949 |
| Net cash from investing activities | (128,398) | (6,827) | (6,885) | (2,729) | (1,949) |
| Proceeds from issuing common stock | — | 15,000 | — | — | — |
| Repayments of long-term debt | — | — | — | — | 67,634 |
| Net cash from financing activities | 129,719 | 41,674 | 19,523 | 2,047 | 41,338 |
| Net change in cash | 775 | (10,849) | (5,068) | — | — |
- † Share count changed about 1/8 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3690 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3690 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Dragonfly Energy Holdings | 6,280 | 13,159 | (1,857)* | 15.0M | 3.4 quarters | 10-QJun 30, 2026 |
| Solidion Technology | 27,677 | 125 | (3,973)* | 8.5M | 7.0 quarters | 10-QJun 30, 2026 |
| Evolution Metals & Technologies | 5,254 | 1,636 | (9,249)* | 621.8M | 0.6 quarters | 10-QJun 30, 2026 |
| Nuvve Holding | 501 | 1,227 | (3,390)* | 993,794 | 0.1 quarters | 10-QJun 30, 2026 |
| Expion Energy | 1,540 | 2,030 | (1,479)* | 962,335 | 1.0 quarters | 10-QJun 30, 2026 |
| Polar Power | 183 | 1,019 | 20* | 3.9M | — | 10-QJun 30, 2026 |
| Ozop Energy Solutions | 60 | 42 | (490)* | 11.8M | 0.1 quarters | 10-QJun 30, 2026 |
| Cyber Enviro-Tech | 6.8 | 0 | not reported | 155.8M | — | 10-QJun 30, 2026 |
| ESS Tech | 10,848 | 73 | (8,943)* | 33.0M | 1.2 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.