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Draganfly Inc. (DPRO) Financials

DPRO
FY2023 annual
Revenue Not reported for FY2023
Net Income Not reported for FY2023
EPS (Diluted) Not reported for FY2023
Free Cash Flow Not reported for FY2023
Market Cap $195.7M as of Oct 6, 2026
Price / Sales n/m no revenue reported
Price / Earnings n/m no net income reported
Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2024

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2024, ended Jun 30, 2024 Reported Currency USD FYE December

Newest figures come from the 10-K for Q2 FY2024, filed Aug 13, 2024. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DPRO SEC filings page.

This page shows Draganfly Inc. (DPRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score not available

Draganfly Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.7M
YoY-8.7%

Draganfly Inc. generated $1.7M in revenue in Q2 2024. This represents a decrease of 8.7% from the same quarter a year earlier.

Net Income
-$7.1M
YoY-2.6%

Draganfly Inc. reported -$7.1M in net income in Q2 2024. This represents a decrease of 2.6% from the same quarter a year earlier.

EBITDA

Not reported for Q2 2024.

EPS (Diluted)

Not reported for Q2 2024.

Cash & Balance Sheet

Cash & Debt
$5.3M
YoY-21.3%
QoQ+71.0%

Draganfly Inc. held $5.3M in cash against $354K in long-term debt as of Q2 2024, with $12.1M of liabilities due within a year.

Shares Outstanding
Diluted avg 3M

Draganfly Inc. had a weighted average of 3M diluted shares in Q2 2024; the shares outstanding count is not reported for that period.

Free Cash Flow

Not reported for Q2 2024.

Dividends Per Share

Not reported for Q2 2024.

Margins & Returns

Gross Margin

Not reported for Q2 2024.

Operating Margin

Not reported for Q2 2024.

Net Margin

Not shown for Q2 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q2 2024.

Capital Allocation

None of these metrics is reported for Q2 2024.

DPRO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DPRO quarterly income statement
MetricQ2'2410-KQ4'2310-KQ2'2310-K
Revenue$1.7M-8.7%N/A$1.9M
Net Income-$7.1M-2.6%N/A-$6.9M
Diluted Shares (Avg)3M-93.5%N/A43M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted).

DPRO Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DPRO quarterly balance sheet
MetricQ2'2410-KQ4'2310-KQ2'2310-K
Total Assets$9.9M$8.3MN/A
Current Assets$8.4M$6.7MN/A
Cash & Equivalents$5.3M-21.3%$3.1M$6.7M
Inventory$1.6M$1.6MN/A
Accounts Receivable$878K$650KN/A
Total Liabilities$12.5M$7.9MN/A
Current Liabilities$12.1M$7.4MN/A
Non-Current Liabilities$441K$524KN/A
Long-Term Debt$354K$428KN/A
Total Equity-$2.6M-130.0%$408K$8.7M
Retained Earnings-$112.5M-$103.6MN/A

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill.

DPRO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DPRO quarterly financial ratios
MetricQ2'2410-KQ4'2310-KQ2'2310-K
Net Margin-409.2%N/A-363.8%
Return on EquityN/AN/A-79.0%
Return on Assets-71.6%N/AN/A
Current Ratio0.690.90N/A
Debt-to-EquityN/A1.05N/A
Asset Turnover0.17N/AN/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Note: The current ratio is below 1.0 (0.90), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Draganfly Inc. DPRO FY2023 N/A N/A N/A $195.7M —
Coda Octopus Group, Inc. CODA FY2025 $26.6M $4.1M 15.6% $122.8M 79/100
Optex Systems Holdings, INC OPXS FY2025 $41.3M $5.1M 12.4% $71.8M 79/100
New Horizon Aircraft Ltd. HOVR FY2023 N/A $8.6M N/A $109.4M —
VisionWave Holdings, Inc. VWAV FY2025 N/A -$6.5M N/A $10.3M —
Mobilicom Limited MOB FY2025 $3.4M -$23.7M N/A $51.7M 40/100

Frequently Asked Questions

How much debt does Draganfly Inc. have?

As of fiscal year 2023, Draganfly Inc. (DPRO) had $3.1M in cash and equivalents against $428K in long-term debt.

What are Draganfly Inc.'s total assets?

Draganfly Inc. (DPRO) had $8.3M in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Draganfly Inc. have outstanding?

Draganfly Inc. (DPRO) had 49M shares outstanding as of fiscal year 2023.

Draganfly Inc. (DPRO) had a current ratio of 0.90 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

Draganfly Inc. (DPRO) had a debt-to-equity ratio of 1.05 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Draganfly Inc. (DPRO) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $195.7M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Draganfly Inc. (DPRO) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $195.7M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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