Dragonfly Energy Reports Third Quarter 2026 Financial and Operational Results

Dragonfly Energy reported net sales of $12.2 million for the third quarter ended September 30, 2026, falling short of its previous guidance of approximately $13.5 million. The company recorded a net loss attributable to common stockholders of $6.7 million and an adjusted EBITDA of $(2.3) million. Despite the overall revenue miss, heavy-duty trucking revenue more than doubled sequentially to $1.3 million, driven by increased commercial fleet adoption. The company also confirmed the completion of its acquisition of the Dakota Lithium brand, which it expects to be accretive to adjusted EBITDA as it integrates the brand into its existing infrastructure. Looking ahead to the fourth quarter of 2026, management projects trucking revenue to nearly double sequentially and expects adjusted EBITDA to reach approximately breakeven.