Draganfly Inc.

DPRO Industrials Aerospace & Defense

Draganfly Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 million, up 15.6% from fiscal 2024.

Revenue
+25.8%
EPS
+45.5%
Free cash flow
−149.8%
Total debt
−54.7%

Quarter to June 2026, against a year earlier

2.82 0.25 −8.14%
Market cap
$110.0M
P/E
0.0×
Fwd P/E
−4.6×
Dividend yield
—
F-score
3/9
Altman Z
17.59
Beneish M
−1.69
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 109.98
Revenue ttm 6.54
Net income ttm (23.29)
Free cash flow ttm (27.15)
Net debt Q (95.21)
Valuation
P/E 0.00
Forward P/E (4.59) (negative: loss-making)
Price / sales 15.85 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.96
Financial health
Current ratio Q 29.62 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 62.99
Growth
Revenue growth Q +25.84% (above 0%: growing)
Operating income growth Q −248.30% (below 0%: shrinking)
EPS, this year +34.26% (at or above 15%: strong)
EPS, next year A +5.32%
Revenue, next year A +100.87% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +12.24%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 61.95%
10-year low 10-year high
P/B against its own 10 years 0.54%
10-year low 10-year high
EV/Sales against its own 10 years 7.62%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 5 65 95
Receivables 0 0 1 1
Inventory 1 1 3 8
Other — — — —
5 7 71 108
2023 2024 2025 Q'26
Payables 2 2 2 3
ST’ Debt — — — —
Other 3 2 1 0
5 4 3 4

Compound Annual Growth %

10y 5y 3y
Sales — 10.00% (1.84%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 86.92% 101.16%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.12) (0.24) — — —
’25 (0.44) (0.44) (0.18) (0.24) (1.04)
’24 (0.63) (1.75) (0.04) (0.79) (3.21)
’23 (3.75) (3.00) (2.50) (1.75) (10.25)
’22 (3.75) 0.25 (3.00) (9.00) (15.75)
’21 (1.90) (1.20) 14.75 0.31 (11.75)
’20 (0.06) (0.04) (0.12) (0.17) (0.41)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 2 2 — — —
’25 1 2 2 1 6
’24 1 1 1 1 5
’23 1 1 2 1 5
’22 2 2 1 1 6
’21 1 2 2 1 6
’20 0 1 1 1 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (10) — — —
’25 (3) (4) (3) (7) (17)
’24 (2) (3) (2) (2) (9)
’23 (4) (5) (3) 0 (11)
’22 (3) (3) (4) (3) (13)
’21 (3) (6) (8) (4) (18)
’20 (1) 0 (2) (1) (4)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (10) — — —
’25 (3) (4) (4) (7) (18)
’24 (2) (3) (2) (2) (9)
’23 (4) (5) (3) 0 (11)
’22 (3) (3) (4) (3) (13)
’21 (3) (6) (8) (4) (18)
’20 (1) 0 (2) (1) (4)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 1 1 1 3 6 6 5 5 6 7 +30.4% 11 26 43 +97.4%
Gross margin, % — 43.74 64.64 80.56 36.83 37.47 10.40 31.49 21.31 17.09 15.35 (26.7) pt
EBT — (1) (1) (9) (6) (13) (21) (17) (10) (16) (23) +47.2%
EBT margin, % — (112.37) (51.56) (803.76) (184.40) (229.70) (363.63) (360.22) (211.51) (297.25) (358.23) (184.9) pt
Net income — 0 0 (9) (6) (13) (21) (17) (10) (16) (23) n/m
Per share, $
Per share, $ Revenue — 0.05 0.07 0.08 0.22 5.09 4.36 2.88 1.52 0.35 0.18 +28.4%
Earnings — (0.06) (0.03) (0.62) (0.41) (11.75) (15.75) (10.25) (3.21) (1.04) (0.78) +44.1%
Cash flow — (0.05) (0.01) (0.22) (0.26) (15.88) (9.37) (6.60) (2.74) (1.09) (0.71) +47.8%
Capex — 0.00 0.00 0.00 0.00 (0.15) (0.04) (0.19) (0.01) (0.04) (0.03) n/m
Free cash flow — (0.05) (0.01) (0.22) (0.26) (16.03) (9.41) (6.80) (2.75) (1.13) (0.74) +48.5%
Book value — (0.20) (0.22) 0.12 0.20 25.20 6.33 0.18 1.07 4.40 2.93 n/m
Shares, m — 14 14 14 15 1 1 2 3 16 26 +1.6%
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 3.15 0.00 0.00 0.00 0.00 0.00 0.3
P/S — 0.00 0.00 0.00 402.72 240.07 4.63 4.19 2.64 19.63 15.85 74.9
P/B — 0.00 0.00 0.00 435.94 49.15 3.19 67.34 3.75 1.57 0.96 62.3
EV/Sales — 0.00 0.00 0.00 402.30 236.92 3.64 3.80 1.75 8.00 1.30 72.9
EV/FCF — 0.00 0.00 0.00 (342.11) (66.78) (1.69) (1.61) (0.97) (2.49) (0.31) (46.2)
Cash, $m
Cash, $m Operating cash flow — (1) 0 (3) (4) (18) (13) (11) (9) (17) (26) +50.1%
Capex — 0 0 0 0 0 0 0 0 (1) (1) +126.3%
Free cash flow — (1) 0 (3) (4) (18) (13) (11) (9) (18) (27) +50.8%
Balance, $m
Balance, $m Working capital — (3) (3) 2 1 21 8 (1) 3 68 104 n/m
Net debt — 1 1 (2) (1) (18) (6) (2) (4) (64) (95) n/m
Shareholders’ equity — (3) (3) 2 3 28 8 0 3 69 108 n/m
Returns, %
Returns, % ROA — (170.97) (238.39) (599.03) (156.44) (65.97) (94.83) (200.69) (148.77) (41.12) (35.52) +129.9 pt
ROIC — 0.00 0.00 0.00 0.00 (97.83) (495.29) 0.00 0.00 (197.78) (131.68) (197.8) pt
ROE — 25.43 15.09 1,261.61 (267.68) (83.68) (117.01) (397.78) (551.17) (45.37) (37.72) (70.8) pt
People
People Employees — — — — — 41 55 54 54 69 — +13.9%
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.14 0.11 0.09 0.09 0.08 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Draganfly Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NSTR NorthStar Earth & Space Enterprises Inc $153.3M — — — — — — — Compare
AIRO AIRO Group Holdings, Inc. $150.8M — (loss-making) — (loss-making) +75.89% (above 0%: growing) n/m −55.38% (below 0%: shrinking) 64.12% 3.83% Compare
DPRO Draganfly Inc. $110.0M — (loss-making) — (loss-making) +25.84% (above 0%: growing) n/m −149.77% (below 0%: shrinking) 20.01% (584.90%)
SIF SIFCO Industries, Inc. $105.5M 25.8× — +18.33% (above 0%: growing) n/m −792.26% (below 0%: shrinking) 13.09% 1.09% Compare
SIDU Sidus Space, Inc. $94.1M — (loss-making) — (loss-making) −53.76% (below 0%: shrinking) n/m −18.26% (below 0%: shrinking) (107.99%) (976.20%) Compare
CODA Coda Octopus Group Inc. $90.7M 18.5× 19.2× +9.24% (above 0%: growing) +9.09% (above 0%: growing) −24.37% (below 0%: shrinking) 65.44% 19.87% Compare
BYRN Byrna Technologies Inc. $87.5M — (loss-making) — (loss-making) −45.72% (below 0%: shrinking) n/m +87.91% (above 0%: growing) 79.46% (19.16%) Compare
MRLN Merlin Inc $78.3M — (loss-making) — — n/m −119.70% (below 0%: shrinking) (5.42%) (1,528.58%) Compare
HOVR New Horizon Aircraft Ltd. $75.9M — (loss-making) — — n/m −208.15% (below 0%: shrinking) — 0.00% Compare
Median of peers $92.4M — — +9.24% — −55.38% 38.61% 0.00%

All 94 Aerospace & Defense stocks →

Draganfly Inc. (DPRO) Latest News

29 Sep

stockrow.com/DPRO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com