Dragonfly Energy Q2 FY26 net loss narrows to USD 5.5 million; net sales fall 19% to USD 13.2 million

• Dragonfly Energy posted Q2 2026 net sales of USD 13.2 million, down 19% year over year, with OEM net sales of USD 8.4 million.
• Net loss attributable to common shareholders narrowed to USD 5.5 million, or USD 0.43 per share.
• Non-GAAP adjusted EBITDA improved to a loss of USD 1.6 million, a USD 3 million sequential gain driven by cost cuts; gross margin rose 4.7 percentage points to 33%.
• Acquired Dakota Lithium assets; Dakota expected to add meaningful net sales, become accretive to adjusted EBITDA starting in Q4.
• Guided Q3 net sales of about USD 13.5 million; sees non-GAAP adjusted EBITDA loss of about USD 2.4 million as trucking revenue is expected to more than double sequentially.

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