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Visual21 Nov 2025
Data center suppliers
Draganfly (DPRO) investor relations material
Draganfly Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Q3 2025 revenue reached $2.16M, up 14.4% year-over-year, with $1.62M from product sales and $530K from services; product sales increased 22.1% over last year.
Gross profit was $421K; gross margin was 19.5%, down from 23.4% last year, impacted by a one-time inventory write-down.
Cash balance at quarter-end was $69.9M, up from $6.3M at prior year-end.
Major operational highlights include the launch of the Outrider Southern Border drone, new military advisory appointments, and key partnerships with Palatin AI and Drone Nerds.
Significant U.S. Army order for FPV drones, with embedded manufacturing and logistics support, and expansion into Canadian and NATO defense markets.
Financial highlights
Q3 revenue increased 14.4% year-over-year to $2.16M; gross profit was $421K, down from $441K last year.
Adjusted gross margin for Q3 was 21.5% (excluding a $43K inventory write-down), compared to 32.7% last year.
Total comprehensive loss was $5.43M, including non-cash items; adjusted loss would have been $3.6M.
Cash balance at quarter-end was $69.9M, up from $6.3M at prior year-end.
Shareholders' equity rose to $70.43M as of September 30, 2025, from $4.62M at year-end 2024.
Outlook and guidance
Military orders expected to comprise up to 90% of revenue next year, driven by large-scale contracts.
Expansion of U.S. manufacturing footprint to meet growing demand for scalable, American-made drone solutions.
No acute need for additional capital raises; focus remains on prudent cash management and selective acquisitions for talent.
Company expects to achieve EBITDA and cash flow positive status over time.
Embedded manufacturing: Key strategic benefits
Commercial sales: Long-term strategy
Outrider drone: Global market potential
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Frequently asked questions
Draganfly Inc. is a technology company that designs and manufactures drones and unmanned aerial systems (UAS) for a variety of industries. The company provides drone solutions for sectors such as agriculture, public safety, infrastructure, and environmental monitoring. In addition to hardware, Draganfly offers integrated software and data services for aerial imaging, surveying, mapping, and real-time data analytics. Its products are used for applications like precision agriculture, search and rescue, and infrastructure inspection. The company is headquartered in Saskatoon, Saskatchewan, and its shares are listed on the NASDAQ.
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