Overview
Draganfly Q3 2025 revenue grows 14.4% yr/yr to $2.16 mln
Gross profit declines 4.5% due to lower gross margin
Company raises $25 mln, boosting cash reserves
Outlook
Company did not provide specific financial guidance for future periods
Result Drivers
PRODUCT SALES - Revenue increase attributed to a 22.1% rise in product sales
DEFENSE CONTRACTS - Secured contracts with U.S. Department of Defense and defense contractors for UAV systems
MANUFACTURING EXPANSION - Expanded U.S. manufacturing to meet demand for American-made drone solutions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
19.50%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Draganfly Inc is C$17.00, about 35.4% above its November 12 closing price of C$10.98
Press Release: ID:nGNX90JP9w
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)