Draganfly Inc. (DPRO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 159.98M | 99.78M | 75.98M | 27.6M | 5.85M | 9.08M | 7.33M | 8.39M | 7.36M | 6.68M | 7.27M | 10.84M | 18.42M | 13.52M | 20.66M | 24.35M | 29.21M | 33.56M | 39.21M | 21.38M |
| Cash & Short-Term Investments | 147.72M | 90.08M | 69.88M | 22.57M | 2.13M | 6.25M | 4M | 5.29M | 4.34M | 3.09M | 2.46M | 6.72M | 13.37M | 7.89M | 11.72M | 16.22M | 19.58M | 23.08M | 27.97M | 17.29M |
| Cash Only | 147.72M | 90.08M | 69.88M | 22.57M | 2.13M | 6.25M | 4M | 5.29M | 4.34M | 3.09M | 2.46M | 6.72M | 13.37M | 7.89M | 11.72M | 16.22M | 19.58M | 23.08M | 27.97M | 17.29M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.16M | 1.04M | 1.25M | 1.13M | 577.67K | 573.39K | 854.17K | 878.39K | 490.58K | 649.61K | 1.15M | 1.12M | 1.62M | 2.26M | 2.37M | 2.33M | 2.92M | 1.6M | 1.31M | 745.12K |
| Days Sales Outstanding | 42.83 | 55.1 | 50.77 | 36.73 | 33.47 | 40.71 | 42.27 | 35.94 | 39.02 | 90.21 | 48.87 | 65.78 | 109.01 | 161.85 | 115.12 | 100.77 | 99.41 | 81.87 | 49.91 | 38.85 |
| Inventory | 7.73M | 3.9M | 2.93M | 2.58M | 1.97M | 1.53M | 1.51M | 1.58M | 1.46M | 1.6M | 1.84M | 1.64M | 1.54M | 1.06M | 3.51M | 3.5M | 3.37M | 3.39M | 3.25M | 1.56M |
| Days Inventory Outstanding | 266.43 | 172.03 | 146 | 128.39 | 127.29 | 100.16 | 98.29 | 108.65 | 116.31 | 194.06 | 128.95 | 101.09 | 100.77 | 70.48 | 257.95 | 230.12 | 247.49 | 302.99 | 197.21 | 106.81 |
| Other Current Assets | 2.56M | 4.75M | 0 | 0 | 0 | 241.47K | 0 | 379.77K | 402.42K | 361.65K | 370.26K | 753.75K | 800.17K | 382.28K | 722.31K | 833.84K | 587.32K | 768.03K | 2.55M | 861.52K |
| Total Non-Current Assets | 1.57M | 1.53M | 1.11M | 850.9K | 1.07M | 1.12M | 1.19M | 1.51M | 1.63M | 1.65M | 1.87M | 1.83M | 1.16M | 1.12M | 8.7M | 8.44M | 8.38M | 8.55M | 21.03M | 21.04M |
| Property, Plant & Equipment | 1.51M | 1.42M | 1.05M | 781.71K | 846.93K | 901.89K | 975.68K | 1.12M | 1.24M | 1.4M | 1.51M | 1.37M | 741.77K | 749.44K | 667.6K | 695.89K | 730.45K | 765.15K | 550.34K | 559.65K |
| Fixed Asset Turnover | 1.58x | 1.55x | 2.36x | 2.60x | 1.77x | 1.72x | 1.80x | 1.47x | 1.01x | 0.63x | 1.48x | 1.80x | 2.15x | 1.85x | 2.75x | 3.32x | 2.73x | 2.49x | 3.42x | 4.23x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.25M | 6M | 5.89M | 5.94M | 17.68M | 17.7M |
| Intangible Assets | 34.39K | 36.08K | 38.37K | 40.63K | 42.88K | 45.14K | 47.96K | 50.78K | 53.6K | 56.43K | 152.83K | 161.82K | 170.81K | 179.8K | 482.38K | 509.92K | 544.42K | 593.9K | 2.51M | 2.43M |
| Long-Term Investments | 28.64K | 71.37K | 21.43K | 28.57K | 21.46K | 14.29K | 14.29K | 335.93K | 334.56K | 189.4K | 206.63K | 289.54K | 249.62K | 192.58K | 222.78K | 230.34K | 253.53K | 291.07K | 301.43K | 362.86K |
| Other Non-Current Assets | 0 | 4 | 0 | 0 | 156.2K | 156.2K | 156.2K | 0 | 53.6K | 56.42K | 0 | -1.83M | -1.16M | -1.12M | 1.08M | 1M | 966.01K | 964.01K | 0 | 0 |
| Total Assets | 161.55M | 101.31M | 77.08M | 28.45M | 6.92M | 10.2M | 8.53M | 9.9M | 8.99M | 8.33M | 9.14M | 12.66M | 19.58M | 14.64M | 29.36M | 32.79M | 37.59M | 42.11M | 60.24M | 42.42M |
| Asset Turnover | 0.02x | 0.02x | 0.04x | 0.12x | 0.18x | 0.17x | 0.20x | 0.18x | 0.15x | 0.10x | 0.20x | 0.12x | 0.09x | 0.06x | 0.06x | 0.07x | 0.05x | 0.03x | 0.04x | 0.05x |
| Asset Growth % | 2234.87% | 893.18% | 803.78% | 187.39% | -23.04% | 22.45% | -6.67% | -21.81% | -54.08% | -43.09% | -68.87% | -61.38% | -47.92% | -65.24% | -51.27% | -22.71% | -16.56% | 493.1% | 1156.14% | 721.5% |
| Total Current Liabilities | 5.22M | 4.61M | 6.44M | 5.22M | 5.15M | 5.24M | 3.79M | 12.08M | 6.83M | 7.4M | 4.6M | 3.31M | 3.64M | 3.35M | 2.15M | 2.13M | 7.79M | 6.72M | 18.7M | 48.58M |
| Accounts Payable | 1.14M | 666.85K | 801.6K | 1.21M | 439.81K | 609.87K | 2.2M | 1.32M | 1.16M | 1.26M | 1.03M | 346.07K | 1.46M | 751.42K | 554.91K | 573.61K | 415.81K | 362.89K | 933.61K | 812.46K |
| Days Payables Outstanding | 41.42 | 36.98 | 53.41 | 46.69 | 38.17 | 92.58 | 112.11 | 88.67 | 92.07 | 129.08 | 50.81 | 57.41 | 85.95 | 20.16 | 41.55 | 33.19 | 28.53 | 59.12 | 71.46 | 76.82 |
| Short-Term Debt | 126.25K | 143.5K | 0 | 0 | 0 | 0 | 0 | 1.69K | 3.37K | 85.06K | 85.4K | 84.08K | 82.79K | 81.51K | 6.75K | 6.75K | 6.75K | 6.75K | 6.75K | 6.75K |
| Deferred Revenue (Current) | 177.12K | 0 | 250.05K | 268.53K | 463.75K | 484.84K | 109.78K | 0 | 16.44K | 12.11K | 104.62K | 128.29K | 239.18K | 258.45K | 123.21K | 186.28K | 205.21K | 245.42K | 259.82K | 446.36K |
| Other Current Liabilities | 3.78M | 3.8M | 3.04M | 2.22M | 2.04M | 2.2M | 1.25M | 9.54M | 4.15M | 4.35M | 0 | 0 | 470.45K | 349.47K | 548.25K | 916.41K | 7.03M | 5.84M | 17.18M | 47.07M |
| Current Ratio | 30.63x | 21.63x | 11.80x | 5.29x | 1.14x | 1.73x | 1.94x | 0.69x | 1.08x | 0.90x | 1.58x | 3.27x | 5.06x | 4.04x | 9.59x | 11.41x | 3.75x | 4.99x | 2.10x | 0.44x |
| Quick Ratio | 29.15x | 20.79x | 11.35x | 4.80x | 0.75x | 1.44x | 1.54x | 0.56x | 0.86x | 0.69x | 1.18x | 2.78x | 4.64x | 3.72x | 7.96x | 9.77x | 3.32x | 4.49x | 1.92x | 0.41x |
| Cash Conversion Cycle | 267.83 | 190.14 | 143.36 | 118.43 | 122.59 | 48.28 | 28.45 | 55.93 | 63.26 | 155.18 | 127.01 | 109.46 | 123.83 | 212.16 | 331.52 | 297.7 | 318.37 | 325.74 | 175.66 | 68.84 |
| Total Non-Current Liabilities | 144.78K | 174.62K | 212.72K | 249.81K | 296.07K | 342.01K | 382.52K | 441.05K | 482.37K | 523.58K | 606.09K | 602.53K | 242.67K | 249.74K | 372.67K | 411.28K | 434.36K | 465.21K | 253.53K | 277.58K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.69K | 3.37K | 5.06K | 82.83K | 85.77K | 86.16K | 86.57K | 87K | 87.46K |
| Capital Lease Obligations | 107.25K | 130.14K | 162.81K | 194.6K | 232.9K | 273.87K | 313.85K | 354.49K | 390.91K | 428.02K | 523.95K | 600.84K | 239.3K | 244.68K | 289.83K | 325.51K | 348.2K | 378.64K | 165.18K | 182.41K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91.46K | 0 | 82.13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.34K | 7.72K |
| Total Liabilities | 5.37M | 4.79M | 6.65M | 5.47M | 5.44M | 5.58M | 4.17M | 12.52M | 7.31M | 7.92M | 5.21M | 3.91M | 3.88M | 3.6M | 2.53M | 2.55M | 8.22M | 7.19M | 18.95M | 48.86M |
| Total Debt | 233.5K | 273.65K | 313.85K | 352.85K | 390.9K | 428.02K | 523.86K | 620.21K | 711.22K | 795.08K | 975.41K | 1.18M | 434.36K | 465.21K | 497.49K | 529K | 556.37K | 582.44K | 357.04K | 386.11K |
| Net Debt | -147.49M | -89.81M | -69.57M | -22.22M | -1.74M | -5.82M | -3.47M | -4.67M | -3.63M | -2.3M | -1.48M | -5.54M | -12.93M | -7.43M | -11.23M | -15.69M | -19.02M | -22.49M | -27.61M | -16.9M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.02x | 0.26x | 0.09x | 0.12x | - | 0.42x | 1.95x | 0.25x | 0.13x | 0.03x | 0.04x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.05x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.75x | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1450.45x | -981.16x | -751.95x |
| Total Equity | 156.19M | 96.52M | 70.43M | 22.99M | 1.48M | 4.62M | 4.36M | -2.62M | 1.68M | 407.72K | 3.93M | 8.75M | 15.7M | 11.04M | 26.83M | 30.24M | 29.37M | 34.93M | 41.29M | -6.43M |
| Equity Growth % | 10477% | 1988.33% | 1515.07% | 976.6% | -12.03% | 1033.58% | 11.05% | -129.97% | -89.31% | -96.31% | -85.36% | -71.07% | -46.56% | -68.39% | -35.02% | 570.12% | 7599.66% | 807.6% | 1260.93% | -266.25% |
| Book Value per Share | 4.82 | 3.31 | 3.43 | 2.92 | 0.47 | 1.42 | 1.30 | -0.93 | 0.76 | 0.22 | 2.26 | 5.06 | 11.31 | 8.09 | 20.12 | 22.77 | 22.13 | 22.31 | 33.03 | -6.17 |
| Total Shareholders' Equity | 156.19M | 96.52M | 70.43M | 22.99M | 1.48M | 4.62M | 4.36M | -2.62M | 1.68M | 407.72K | 3.93M | 8.75M | 15.7M | 11.04M | 26.83M | 30.24M | 29.37M | 34.93M | 41.29M | -6.43M |
| Common Stock | 292.13M | 229.51M | 188.4M | 135.79M | 111.22M | 110.74M | 106.19M | 102.45M | 100.02M | 97.07M | 95.52M | 94.82M | 94.88M | 83.6M | 82.1M | 81.23M | 81.16M | 81.04M | 98.52M | 76.01M |
| Retained Earnings | -146.45M | -140.33M | -130.82M | -125.65M | -120.89M | -117.47M | -112.74M | -112.54M | -105.45M | -103.59M | -99.4M | -93.95M | -87.04M | -79.98M | -63.39M | -58.05M | -58.53M | -52.32M | -65.11M | -89.01M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 10.51M | 7.34M | -381.67K | -126.46K | -138.99K | -130.1K | -136.09K | 7.47M | 7.11M | 6.93M | 7.81M | 7.88M | 7.86M | 153K | 8.13M | 7.07M | 6.74M | -196.06K | 7.87M | 6.57M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |