Dragonfly Energy shares surge 22.18% after-hours on Q3 results exceeding guidance, driven by 44% OEM growth and debt restructuring.

Dragonfly Energy surged 22.18% in after-hours trading following the release of its third-quarter 2025 results, which showed 25.5% year-over-year net sales growth to $16.0 million, 44.3% growth in OEM sales, and a 710-basis-point gross margin expansion to 29.7%. The company also highlighted $90 million in proceeds from recent public offerings and a successful debt restructuring, significantly improving its financial position. These results exceeded guidance, with CEO Denis Phares emphasizing operational execution and strategic positioning for growth. The pre-market selloff (11.65% decline.