Dragonfly Energy shares surge 32.01% after-hours after Q3 results exceed guidance with 44% OEM growth and improved margins.

Dragonfly Energy surged 32.01% in after-hours trading following the release of its third-quarter 2025 results, which showed 25.5% year-over-year net sales growth, 44.3% OEM sales growth, and a 710-basis-point gross margin expansion. The company attributed the performance to successful public offerings raising $90 million and a debt restructuring agreement that improved its financial position. Management highlighted strengthened balance sheet flexibility and momentum in RV OEM partnerships, reinforcing confidence in sustained growth and battery technology investments. The pre-market selloff (11.65% decline) earlier on Nov. 14 was unrelated to these results and driven by broader energy sector volatility.