Draganfly Inc. announced its second quarter financial results for 2025 on August 11, 2025, reporting revenue of $2,155,000. This represents a 22.4% increase compared to $1,760,000 in the second quarter of 2024.
Product sales for Q2 2025 increased by 37% year-over-year to $1,942,000, while drone services revenue was $213,000. The company's gross profit for Q2 2025 was $504,592, resulting in a gross margin of 23.4%.
Draganfly reported a comprehensive loss of $4,700,000 for the quarter, an improvement from a $7,100,000 loss in Q2 2024. As of June 30, 2025, the company's cash balance was $22,000,000, with shareholders' equity at $22,985,531 and working capital at $22,384,430, excluding derivative liabilities.
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