Draganfly Inc.

NasdaqCM:DPRO Stock Report

Market Cap: US$179.9m

Draganfly Future Growth

Future criteria checks 2/6

Draganfly is forecast to grow earnings and revenue by 17.6% and 58.8% per annum respectively while EPS is expected to grow by 38.5% per annum.

Key information

17.6%

Earnings growth rate

38.46%

EPS growth rate

Aerospace & Defense earnings growth17.8%
Revenue growth rate58.8%
Future return on equityn/a
Analyst coverage

Good

Last updated29 May 2026

Recent future growth updates

Recent updates

Analysis Article • Sep 29

America’s Drone Defense Shift Puts Draganfly in the Spotlight

Draganfly is one of the most experienced drone manufacturers worldwide, boasting nearly three decades of innovation, and is now emerging as a North American leader in secure, NDAA-compliant drones.
Analysis Article • Sep 24

Weekly Picks: ⛏️ The Gold Play With Permits, A Plan And Real Momentum And 2 More Picks

This week’s picks cover: Why most people don’t understand The Cheesecake Factory’s potential, how fully permitted gold miner, 1911 Gold, could offer 50x return, why rate cuts benefit dividend plays like Coca Cola immensely.
New Narrative • Sep 18

America Wants Homegrown Drones — Draganfly Is Ready to Deliver

Key Takeaways Draganfly is one of the most experienced drone manufacturers worldwide, boasting nearly three decades of innovation, and is now emerging as a North American leader in secure, NDAA-compliant drones. The company is riding massive industry tailwinds as Western governments shift away from Chinese-made drones, funneling billions into trusted domestic suppliers.
Seeking Alpha • Sep 07

Why Risk Of Further Dilution Outweighs Draganfly's Good Prospects

Summary Draganfly continues to dilute shareholders with frequent equity issuances, increasing outstanding shares by over 150% in H1 2025. Despite positive developments like a 37% YoY increase in product sales, the company remains unprofitable with operating losses each quarter. Gross profit is positive, but comprehensive profit is negative and substantial in size, raising concerns about how long it will take for the company to become profitable. The investment thesis remains a 'sell' due to ongoing losses and dilution risk, despite the industry's potential and Draganfly's prospects as a leading company in that industry. Read the full article on Seeking Alpha
Seeking Alpha • Aug 09

Draganfly GAAP EPS of $0.02, revenue of $2.37M

Draganfly press release (NASDAQ:DPRO): Q2 GAAP EPS of $0.02. Revenue of $2.37M (+19.7% Y/Y).
Seeking Alpha • Jun 28

Draganfly's Q1 2022 Results Look Underwhelming, And I'm Tempted To Open A Short Position

The company’s revenues rose by 32.8% to $1.59 million in Q1 2022, but most of the growth came from Dronelogics which resells third-party drones. The operating loss widened, and the funds used in operating activities were $2.71 million. There is no news about the deal with Digital Dream Labs, which I find concerning considering this was Draganfly’s largest order to date. I think the business of Draganfly isn’t worth much in its current state, and the short borrow fee rate is below 6%.

Earnings and Revenue Growth Forecasts

NasdaqCM:DPRO - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202851N/AN/AN/A1
12/31/202741-18-25-174
12/31/202618-23-35-346
3/31/20268-25-29-28N/A
12/31/20258-23-25-24N/A
9/30/20257-18-17-16N/A
6/30/20257-13-15-15N/A
3/31/20257-15-13-13N/A
12/31/20247-14-12-12N/A
9/30/20246-13-13-13N/A
6/30/20246-19-14-14N/A
3/31/20246-18-16-16N/A
12/31/20237-24-19-19N/A
9/30/20237-36-20-19N/A
6/30/20237-36-21-21N/A
3/31/20237-29-19-18N/A
12/31/20228-28-16-16N/A
9/30/202282-17-17N/A
6/30/2022831-23-23N/A
3/31/2022823-22-22N/A
12/31/20217-16-22-22N/A
9/30/20217-32-19-19N/A
6/30/20216-59-11-11N/A
3/31/20215-52-8-8N/A
12/31/20204-8-5-5N/A
9/30/20203-7-7-7N/A
6/30/20202-13-5-5N/A
3/31/20202-12-5-5N/A
12/31/20191-11N/A-4N/A
9/30/20191-9N/A-1N/A
12/31/20181-1N/A0N/A
12/31/20171-1N/A-1N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DPRO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: DPRO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: DPRO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: DPRO's revenue (58.8% per year) is forecast to grow faster than the US market (12.7% per year).

High Growth Revenue: DPRO's revenue (58.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if DPRO's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 01:00
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Draganfly Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rommel DionisioAegis Capital Corporation
Scott BuckH.C. Wainwright & Co.
Amit DayalH.C. Wainwright & Co.