Draganfly Inc. (DPRO) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | -8.4M | -9.73M | -4.7M | -5.36M | -4.07M | -2.23M | -3.2M | -3.76M | -2.65M | 342.49K | -3.72M | -6.05M | -5.62M | -4.02M | -4.9M | -3.95M | -3.49M | -5.02M | -10.15M | -3.65M |
| Operating CF Margin % | -363.06% | -508.93% | -218.21% | -253.63% | -262.75% | -138.31% | -169.83% | -216.69% | -199.02% | 37.38% | -173.8% | -318.48% | -351.14% | -305.59% | -260.93% | -166.59% | -170.66% | -306.74% | -535.2% | -184.08% |
| Operating CF Growth % | -106.44% | -336.17% | -46.93% | -42.86% | -53.69% | -751.45% | 13.83% | 37.91% | 52.95% | 108.53% | 24.1% | -53.18% | -61.17% | 19.94% | 51.78% | -8.23% | -9.46% | -196.12% | -365.72% | -960.8% |
| Net Income | -5.64M | -9.62M | -5.17M | -4.76M | -3.42M | -4.72M | -200.19K | -7.09M | -1.86M | -4.19M | -5.45M | -6.91M | -7.07M | -16.58M | -5.34M | 475.31K | -6.2M | 12.9M | 23.92M | -8.1M |
| Depreciation & Amortization | 123.37K | 0 | 88.2K | 75.31K | 77.67K | 144.59K | 142.18K | 144.38K | 145.94K | 157.54K | 146.87K | 175.73K | 66.5K | 500.67K | 90.93K | 89.47K | 91.69K | -82.36K | 179.19K | 165.24K |
| Stock-Based Compensation | 0 | 0 | 474.73K | 375.45K | 288.88K | 277.99K | 400.57K | 305.15K | 198.91K | 213.36K | 788.82K | 478.92K | 540.56K | 860.38K | 1.58M | 230.18K | 643.33K | 810.77K | 1.26M | 831.9K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.33M | 112.78K | 128.11K | 0 | 0 | 0 | 0 | 0 | -19.02M | -29.64M | 5.24M |
| Other Non-Cash Items | 1.7M | 1.45M | 1.79M | 96.47K | -36.31K | 1.86M | -3.22M | 2.97M | -622.39K | 5.79M | 1.32K | 1.3K | 198.32K | 9.37M | -305.1K | -6.09M | 458.19K | -12.15K | -1.07K | 2.45K |
| Working Capital Changes | -4.58M | -1.56M | -1.89M | -1.15M | -972.06K | 205.4K | -328K | -86.29K | 106.13K | -297.4K | 681.26K | 76.82K | 638.83K | 1.84M | -917.84K | 1.35M | 1.52M | 384.53K | -5.88M | -1.78M |
| Change in Receivables | -97.57K | 105.75K | -36.09K | -281.28K | -190.72K | 94.34K | 24.22K | -387.81K | 2.83K | 479.96K | -139.01K | 477.71K | 404.46K | -185.24K | -104.98K | 152.7K | -544.32K | -282.12K | -405.22K | 227.17K |
| Change in Inventory | -3.91M | -1.2M | -385.2K | -605.92K | -385.65K | -500.24K | 65.76K | -116.51K | -11.85K | 121.5K | -206.08K | -229.34K | -558.35K | -30.85K | -14.75K | -130.29K | 25.65K | -136.87K | -1.69M | -187.2K |
| Change in Payables | -1.88M | 2.05M | 0 | 0 | 0 | 0 | 0 | -46.8K | -111.05K | -1.41M | 1.44M | -600.74K | 392.64K | 1.37M | 37.79K | 303.8K | -47.7K | -636.95K | -3.6M | -1.98M |
| Cash from Investing | -222.51K | -495.86K | -337.97K | -12.68K | -6.48K | -72.64K | 12.98K | -39.72K | 76.05K | -80K | -261.05K | -43.25K | 4.73K | 259.19K | 82.21K | 439.7K | -12.44K | -161.71K | -1.75M | -546.41K |
| Capital Expenditures | -222.51K | -495.86K | -373.43K | -20.91K | -32.43K | -94.23K | -25.14K | -43.83K | -4.07K | -80K | -275.78K | -60.19K | -74.42K | -33.11K | -17.79K | -10.3K | -23.2K | -5.93K | -246.79K | -95.36K |
| CapEx % of Revenue | 9.62% | 25.93% | 17.32% | 0.99% | 2.1% | 5.84% | 1.33% | 2.53% | 0.31% | 8.73% | 12.9% | 3.17% | 4.65% | 2.52% | 0.95% | 0.43% | 1.13% | 0.36% | 13.01% | 4.81% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73.37K | 0 | 1.2K | 0 | 45.77K | 0 | 0 | 0 | 10.76K | 11.34K | -227.98K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 35.46K | 8.23K | 25.95K | 21.59K | 38.12K | 4.11K | 6.75K | 5 | 13.53K | 16.94K | 33.37K | 292.3K | 100K | 450K | 10.76K | -278.58K | -1.27M | -451.05K |
| Cash from Financing | 63.25M | 31.93M | 51.32M | 25.82M | -37.12K | 4.55M | 1.89M | 4.75M | 3.83M | 360.27K | -286.71K | -534.69K | 11.18M | -26.95K | -39.89K | -38.97K | 57.71K | 301.3K | 22.45M | -55.71K |
| Debt Issued (Net) | -40.97K | -39.97K | -39K | -38.05K | -37.12K | -99.65K | -89.38K | -91.01K | -162.8K | -1.69K | -206.86K | 839 | -32.13K | -39.89K | -1.69K | 1.69K | -38.27K | -42.11K | -37.79K | -504.46K |
| Equity Issued (Net) | 63.29M | 31.97M | 34.28M | 24M | 0 | 5.27M | 2.72M | 4.88M | 4.88M | 520.06K | -79.85K | 0 | 12.61M | 0 | 0 | 0 | 0 | 0 | 25.54M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -105 | 33 | 17.08M | 1.86M | 0 | -619.94K | -735.96K | -37.9K | -888.97K | -158.11K | 0 | -535.53K | -1.39M | 12.94K | -38.2K | -40.66K | 95.98K | 343.41K | -3.05M | 448.75K |
| Net Change in Cash | 56.16M | 21.24M | 47.31M | 20.44M | -4.13M | 2.25M | -1.29M | 950.81K | 1.25M | 636.53K | -4.26M | -6.65M | 5.47M | -3.83M | -4.5M | -3.36M | -3.5M | -4.89M | 10.68M | -3.78M |
| Free Cash Flow | -8.62M | -10.23M | -5.08M | -5.39M | -4.1M | -2.33M | -3.23M | -3.8M | -2.65M | 262.49K | -3.99M | -6.11M | -5.7M | -4.05M | -4.91M | -3.96M | -3.51M | -5.02M | -10.4M | -3.74M |
| FCF Margin % | -372.68% | -534.86% | -235.53% | -254.62% | -264.85% | -144.15% | -171.16% | -219.22% | -199.32% | 28.65% | -186.7% | -321.65% | -355.78% | -308.11% | -261.88% | -167.02% | -171.79% | -307.1% | -548.21% | -188.89% |
| FCF Growth % | -110.23% | -339.82% | -57.36% | -41.76% | -54.67% | -985.9% | 19.16% | 37.8% | 53.49% | 106.48% | 18.76% | -54.31% | -62.22% | 19.37% | 52.75% | -5.74% | -6.73% | -192.35% | -377.04% | -988.52% |
| FCF per Share | -0.27 | -0.35 | -0.25 | -0.69 | -1.30 | -0.71 | -0.96 | -1.34 | -1.21 | 0.14 | -2.30 | -3.54 | -4.11 | -2.97 | -3.69 | -2.98 | -2.65 | -3.21 | -8.32 | -3.59 |
| FCF Conversion (FCF/Net Income) | 1.49x | 1.01x | 0.91x | 1.13x | 1.19x | 0.47x | 15.99x | 0.53x | 1.42x | -0.08x | 0.68x | 0.88x | 0.77x | 0.13x | 0.91x | -8.31x | 0.56x | -0.39x | -0.42x | 0.45x |
| Interest Paid | 0 | 0 | 173 | -859 | 10.51K | 52.43K | -3.3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |