Draganfly Inc. (DPRO) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 2.31M | 1.91M | 2.16M | 2.12M | 1.55M | 1.61M | 1.89M | 1.73M | 1.33M | 916.3K | 2.14M | 1.9M | 1.6M | 1.31M | 1.88M | 2.37M | 2.04M | 1.64M | 1.9M | 1.98M |
| Revenue Growth % | 49.4% | 18.54% | 14.36% | 22.06% | 16.41% | 76.05% | -11.82% | -8.74% | -16.98% | -30.27% | 13.95% | -19.88% | -21.67% | -19.64% | -1.09% | 19.59% | 32.79% | 10.04% | 30.48% | 113.9% |
| Cost of Goods Sold | 1.96M | 1.83M | 1.74M | 1.61M | 1.24M | 1.4M | 1.44M | 1.27M | 1.2M | 814.97K | 1.24M | 1.43M | 1.16M | 2.98M | 1.25M | 1.36M | 1.23M | 1.01M | 1.12M | 1.25M |
| COGS % of Revenue | 84.96% | 95.52% | 80.48% | 76.15% | 79.96% | 86.63% | 76.62% | 73.36% | 89.92% | 88.94% | 58.15% | 75.4% | 72.31% | 226.77% | 66.59% | 57.23% | 60.08% | 61.69% | 59.25% | 63.24% |
| Gross Profit | 347.76K | 85.71K | 420.95K | 504.59K | 310.09K | 215.74K | 440.78K | 461.67K | 134.07K | 101.33K | 894.68K | 467.12K | 443.43K | -1.67M | 626.91K | 1.01M | 816.15K | 626.44K | 773.05K | 728.59K |
| Gross Margin % | 15.04% | 4.48% | 19.52% | 23.85% | 20.04% | 13.37% | 23.38% | 26.64% | 10.08% | 11.06% | 41.85% | 24.6% | 27.69% | -126.77% | 33.41% | 42.77% | 39.92% | 38.31% | 40.75% | 36.76% |
| Gross Profit Growth % | 12.15% | -60.27% | -4.5% | 9.3% | 131.29% | 112.9% | -50.73% | -1.17% | -69.77% | 106.08% | 42.71% | -53.91% | -45.67% | -365.94% | -18.9% | 39.12% | 58.47% | 89.53% | 37.93% | 68.91% |
| Operating Expenses | 7.96M | 7.88M | 5.35M | 4.97M | 3.91M | 4.09M | 4.13M | 4.25M | 3.38M | 3.32M | 6.35M | 7.23M | 7.41M | 7.34M | 7.01M | 7.18M | 6.17M | 5.73M | 8.01M | 3.34M |
| OpEx % of Revenue | 344.38% | 412.1% | 248% | 235.16% | 252.7% | 253.28% | 218.8% | 245.33% | 254.08% | 362.45% | 297.23% | 380.86% | 462.59% | 558.55% | 373.5% | 302.79% | 301.9% | 350.56% | 422.02% | 168.53% |
| Selling, General & Admin | 5.71M | 5.8M | 4.33M | 3.9M | 3.23M | 3.3M | 3.27M | 3.7M | 2.99M | 2.86M | 5.2M | 6.5M | 6.55M | 6.79M | 6.83M | 6.88M | 5.77M | 5.43M | 7.79M | 2.88M |
| SG&A % of Revenue | 247% | 303.5% | 201.01% | 184.31% | 208.87% | 204.7% | 173.68% | 213.22% | 224.69% | 311.79% | 243.12% | 342.43% | 408.99% | 516.86% | 364.22% | 290.4% | 282.1% | 331.97% | 410.71% | 145.34% |
| Research & Development | 451.94K | 1.37M | 321.33K | 125.81K | 161.89K | 267.58K | 347.37K | 191.07K | 121.39K | 146.35K | 59.79K | 555.46K | 793.22K | 49.66K | 83.14K | 204.06K | 314.44K | 387.48K | 36.71K | 71.65K |
| R&D % of Revenue | 19.54% | 71.39% | 14.9% | 5.95% | 10.46% | 16.59% | 18.43% | 11.03% | 9.13% | 15.97% | 2.8% | 29.25% | 49.53% | 3.78% | 4.43% | 8.61% | 15.38% | 23.7% | 1.94% | 3.62% |
| Other Operating Expenses | 1000K | 711.36K | 691.65K | 949.77K | 516.39K | 516.13K | 503.23K | 0 | -601.13K | -969.01K | 0 | 26.19K | 65.22K | 498.23K | 90.93K | 89.47K | 90.41K | -27.25K | -14 | 48.95K |
| Operating Income | -7.62M | -7.79M | -4.93M | -4.47M | -3.6M | -3.87M | -3.37M | -3.66M | -3.24M | -3.22M | -5.44M | -6.59M | -6.83M | -1.41M | -7.43M | -12.81M | -3.73M | 12.92M | -7.23M | -2.61M |
| Operating Margin % | -329.34% | -407.62% | -228.47% | -211.31% | -232.66% | -239.9% | -178.52% | -210.93% | -244% | -351.39% | -254.57% | -346.76% | -426.28% | -107.25% | -396.24% | -540.38% | -182.33% | 789.95% | -381.27% | -131.76% |
| Operating Income Growth % | -111.48% | -101.41% | -46.35% | -22.28% | -11% | -20.19% | 38.16% | 44.49% | 52.48% | -128.44% | 26.79% | 48.58% | -83.13% | -110.91% | -2.79% | -390.45% | 13.38% | 563.26% | -188.04% | -33.48% |
| EBITDA | -7.49M | -7.69M | -4.84M | -4.39M | -3.52M | -3.73M | -3.22M | -3.51M | -3.1M | -3.06M | -5.3M | -6.41M | -6.76M | -908.82K | -7.34M | -12.72M | -3.64M | 12.84M | -7.05M | -2.45M |
| EBITDA Margin % | -324.02% | -402.11% | -224.38% | -207.75% | -227.64% | -230.94% | -170.98% | -202.6% | -233.02% | -334.2% | -247.7% | -337.51% | -422.12% | -69.16% | -391.39% | -536.6% | -177.84% | 784.91% | -371.82% | -123.43% |
| EBITDA Growth % | -112.65% | -106.4% | -50.07% | -25.16% | -13.72% | -21.66% | 39.13% | 45.22% | 54.17% | -236.95% | 27.88% | 49.6% | -85.92% | -107.08% | -4.11% | -419.92% | 14.54% | 573.06% | -185.09% | -26.69% |
| D&A (Non-Cash Add-back) | 123.06K | 105.34K | 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 |
| EBIT | -7.62M | -7.79M | -4.93M | -4.47M | -3.6M | -3.87M | -3.68M | -3.93M | -3.25M | -3.2M | -5.46M | -6.77M | -6.96M | -9.01M | -6.38M | -6.16M | -5.36M | 9.83M | -7.23M | -2.61M |
| Net Interest Income | 487.54K | 678.47K | 366K | 10.46K | 34.03K | 21.79K | 38.63K | 41.98K | 4.83K | 5.81K | 30.71K | 10.89K | 35.86K | 10.22K | 12.46K | 7.52K | 14.15K | -6.78K | -6.79K | -739 |
| Interest Income | 487.54K | 678.47K | 366K | 10.46K | 34.03K | 21.79K | 38.63K | 41.98K | 4.83K | 5.81K | 30.71K | 10.89K | 35.86K | 10.22K | 12.46K | 7.52K | 14.15K | 0 | 582 | 2.73K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.78K | 7.37K | 3.47K |
| Other Income/Expense | 1.99M | -1.83M | -243.97K | -292.44K | 176.12K | -851.89K | 0 | -3.44M | 1.38M | -984.14K | 13.25K | -143.34K | -102.72K | -7.58M | 1.04M | 6.64M | -847.94K | 18.01M | 31.14M | -5.16M |
| Pretax Income | -5.63M | -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 | 23.91M | -8.02M |
| Pretax Margin % | -243.43% | -503.31% | -239.79% | -225.13% | -221.28% | -292.71% | -10.62% | -409.21% | -140.18% | -457.09% | -254.76% | -363.81% | -441.32% | -1261.99% | -284.66% | 20.05% | -303.46% | 789.03% | 1260.42% | -404.78% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.11K | 55.68K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.03% | -0.69% |
| 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 | -7.31M | -31.76M | -5.35M | 475.31K | -6.22M | 12.9M | 23.9M | -8.02M |
| Net Margin % | -244.06% | -503.31% | -239.79% | -225.13% | -221.28% | -292.71% | -10.62% | -409.21% | -140.18% | -457.09% | -254.76% | -363.81% | -456.36% | -2416.72% | -285.32% | 20.05% | -304.15% | 789.03% | 1259.99% | -404.78% |
| Net Income Growth % | -64.78% | -103.82% | -2482.39% | 32.85% | -83.75% | -12.74% | 96.32% | -2.64% | 74.5% | 86.81% | -1.75% | -1553.55% | -17.53% | -346.15% | -122.4% | 105.92% | 86.16% | 469.4% | 1075.47% | -728.3% |
| Net Income (Continuing) | -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 | 23.9M | -7.69M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.17 | -0.33 | -0.25 | -1.51 | -1.08 | -1.45 | -0.06 | -2.51 | -0.85 | -2.21 | -3.13 | -4.00 | -5.27 | -23.26 | -4.02 | 0.36 | -4.68 | 8.17 | 19.00 | -7.69 |
| EPS Growth % | 84.26% | 77.24% | -318.76% | 39.84% | -27.06% | 34.39% | 98.09% | 37.25% | 83.87% | 90.5% | 22.14% | -1211.11% | -12.61% | -384.7% | -121.16% | 104.68% | 91.26% | 308.95% | 572.64% | -383.65% |
| EPS (Basic) | -0.17 | -0.33 | -0.25 | -1.51 | -1.08 | -1.45 | -0.06 | -2.51 | -0.85 | -2.22 | -3.25 | -4.00 | -5.27 | -23.26 | -4.02 | 0.36 | -4.76 | 8.17 | 20.38 | -7.69 |
| Diluted Shares Outstanding | 32.37M | 29.16M | 20.56M | 7.86M | 3.16M | 3.25M | 3.35M | 2.83M | 2.2M | 1.89M | 1.74M | 1.73M | 1.39M | 1.37M | 1.33M | 1.33M | 1.33M | 1.57M | 1.25M | 1.04M |
| Basic Shares Outstanding | 32.37M | 29.16M | 20.56M | 7.86M | 3.16M | 3.25M | 3.35M | 2.83M | 2.2M | 1.89M | 1.68M | 1.73M | 1.39M | 1.37M | 1.33M | 1.32M | 1.31M | 1.57M | 1.26M | 1.04M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |