Dragonfly Energy Cuts EBITDA Loss $3.0M in Q2, Buys Dakota Lithium
RENO – October 27, 2026 -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) narrowed its second-quarter Adjusted EBITDA loss to $1.6 million, a $3.0 million sequential improvement from the first quarter, as cost cuts took hold. Preliminary net sales of $13.2 million matched company guidance, and Adjusted EBITDA came in above it.
Cost cuts lift margins while sales fall
Gross profit was $4.3 million at a 33.0% gross margin, against $4.6 million and 28.3% in the comparison period. Lower battery and accessory unit volumes reduced gross profit, partly offset by a $1.1 million tariff refund booked in cost of sales. Operating expenses fell to $7.2 million from $7.9 million.