Dragonfly Energy Q2 net sales up 23% to $16.2mln, guides Q3 net sales to $15.9mln.

• Q2 net sales up 23% to $16.2mln • OEM sales up 51% to $10.1mln • Gross margin up 430bps to 28.3% • Net loss down to $(7.0)mln • Adjusted EBITDA down to $(2.2)mln • Company guides Q3 net sales to $15.9mln • Preferred stock exchange and public offering strengthen financial position

Dragonfly Energy Holdings Corp. (DFLI) reported robust Q2 2025 financial results, showcasing a 23% increase in net sales to $16.2 million [1]. The company's OEM segment performed exceptionally well, with sales rising by 51% to $10.1 million, making it the largest revenue stream. This growth was driven by deeper integration with OEM partners and a trend toward premium features and value-added offerings [1].

The company's gross margin expanded by 430 basis points to 28.3%, primarily due to lower inventory costs and improved fixed cost absorption [1]. Despite these improvements, Dragonfly Energy reported a net loss of $7.0 million, a significant reduction from the $13.6 million loss in the prior year. Adjusted EBITDA also improved, declining to $2.2 million from $6.2 million in the previous year [1].

Looking ahead, Dragonfly Energy expects Q3 2025 net sales to reach approximately $15.9 million, representing a 25% year-over-year growth. The company's outlook remains optimistic, with management expressing confidence in its ability to deliver sustained growth [1].

Additionally, Dragonfly Energy has strengthened its financial position through the exchange of remaining preferred shares for common stock and a $5.5 million public offering to support market expansion and financial flexibility [1].

References:
[1] https://seekingalpha.com/news/4485829-dragonfly-energy-signals-25-percent-q3-sales-growth-while-strengthening-oem-partnerships-and