Draganfly (NASDAQ:DPRO) Announces Earnings Results, Misses Expectations By $0.07 EPS

Draganfly (NASDAQ:DPRO) released its earnings results on Tuesday. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.07), Zacks reports. The firm had revenue of $1.37 million during the quarter, compared to analysts’ expectations of $2.78 million. Draganfly had a negative return on equity of 68.65% and a negative net margin of 294.03%.

Here are the key takeaways from Draganfly’s conference call:

• Company reported a record 2025 revenue of $7.7M (up 17.8%), ended the year with ~CAD 90.1M cash and subsequently closed a US$50M registered direct offering, providing a strong balance sheet for 2026–27 growth.
• Total comprehensive loss widened to $22.9M (2025 vs $14.06M prior year), with adjusted gross margin down to 20.4% (from 30.9%) and higher office/wage costs as the company scales, partly driven by inventory write-downs.
• Product momentum centered on the new Outrider — a 7‑hour, 100‑lb payload multi‑mission drone — successfully deployed with Cochise County for Southern Border operations and positioned as a repeatable border‑management solution internationally.
• Strategic defense traction through an U.S. Army FPV order, a partnership with DLA prime Global Ordnance, integrations with Palladyne AI (swarming) and Autonome (landmine clearance), plus hires of senior military advisors, all of which expand the company’s addressable military and public‑safety markets.

Draganfly Stock Down 21.8%

Shares of DPRO opened at $4.95 on Thursday. The firm has a market cap of $170.16 million, a PE ratio of -3.81 and a beta of 2.66. The company’s fifty day moving average is $7.39 and its two-hundred day moving average is $7.77. Draganfly has a fifty-two week low of $1.63 and a fifty-two week high of $14.40.

Analysts Set New Price Targets

DPRO has been the topic of several analyst reports. Wall Street Zen cut Draganfly from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. Northland Securities set a $20.00 target price on Draganfly in a research note on Thursday, January 15th. LADENBURG THALM/SH SH upgraded Draganfly to a “strong-buy” rating in a research report on Thursday, December 18th. Finally, Needham & Company LLC decreased their price target on Draganfly from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Strong Buy” and an average target price of $16.25.

Institutional Trading of Draganfly

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Concentric Capital Strategies LP purchased a new position in shares of Draganfly in the 4th quarter valued at $1,569,000. Vident Advisory LLC purchased a new stake in Draganfly during the 4th quarter worth $813,000. Virtu Financial LLC purchased a new stake in Draganfly during the 3rd quarter worth $894,000. Marshall Wace LLP acquired a new stake in Draganfly in the 4th quarter valued at $751,000. Finally, Scientech Research LLC acquired a new stake in Draganfly in the 3rd quarter valued at $514,000. 10.39% of the stock is currently owned by institutional investors and hedge funds.

Draganfly Company Profile

Draganfly Inc (NASDAQ: DPRO) is a Canada-based developer and manufacturer of unmanned aerial systems (UAS) and related software solutions for commercial, government and academic applications. Headquartered in Saskatoon, Saskatchewan, the company specializes in designing lightweight, modular drones that integrate advanced sensor payloads—including high-resolution imaging, multispectral and thermal cameras—to gather aerial data across a range of industries.

The company’s core offerings include turnkey UAS platforms, data-capture payloads and proprietary analytics software that enable clients to perform precision agriculture monitoring, land surveying, infrastructure inspection and environmental assessment.