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Draganfly
(DPRO)
Draganfly (DPRO) vs. iShares MSCI Canada ETF (EWC)
Draganfly Business Overview & Revenue Model
Draganfly Earnings Call Summary
Draganfly Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.43M | 6.56M | 6.55M | 7.61M | 7.05M | 4.36M |
| Gross Profit | 1.45M | 1.40M | 2.06M | 790.67K | 2.64M | 1.76M |
| EBITDA | -17.33M | -13.30M | -22.06M | -26.88M | -18.97M | -7.87M |
| Net Income | -18.08M | -13.88M | -23.61M | -29.16M | -13.16M | -9.39M |
Balance Sheet | ||||||
| Total Assets | 77.08M | 10.20M | 8.33M | 14.64M | 42.11M | 7.10M |
| Cash, Cash Equivalents and Short-Term Investments | 69.88M | 6.25M | 3.09M | 7.89M | 23.08M | 1.98M |
| Total Debt | 313.85K | 428.02K | 875.08K | 465.21K | 582.44K | 256.04K |
| Total Liabilities | 6.65M | 5.58M | 7.92M | 3.60M | 7.19M | 3.25M |
| Stockholders Equity | 70.43M | 4.62M | 407.72K | 11.04M | 34.93M | 3.85M |
Cash Flow | ||||||
| Free Cash Flow | -16.89M | -12.00M | -19.26M | -16.43M | -22.22M | -5.16M |
| Operating Cash Flow | -16.37M | -11.83M | -18.77M | -16.35M | -22.00M | -5.14M |
| Investing Cash Flow | -429.76K | -23.31K | -379.58K | 768.65K | -3.31M | 516.42K |
| Financing Cash Flow | 81.65M | 15.03M | 14.45M | -48.10K | 46.27M | 4.17M |
Draganfly Technical Analysis
Draganfly Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$279.42M | 19.76 | 17.40% | ― | 15.09% | 31.55% | |
69 Neutral | C$3.28B | 27.54 | 8.88% | ― | 57.77% | 57.55% | |
67 Neutral | C$967.93M | 25.52 | 5.64% | 0.91% | 8.84% | 131.58% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
45 Neutral | $6.51M | -0.07 | -242.78% | ― | 166.43% | 75.12% | |
44 Neutral | $236.56M | ― | -48.13% | ― | 26.74% | 53.14% | |
24 Underperform | C$6.81M | -3.33 | ― | ― | -41.51% | 42.31% |
Draganfly Corporate Events
Draganfly Inc. has secured a significant international military order for its Commander 3XL drone systems, marking a milestone in its global defense operations. This order, placed through a defense contractor, highlights the growing demand for secure, adaptable unmanned systems and positions Draganfly as a key player in the military drone market, potentially leading to further deployments and expansion in the Asia Pacific region.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. successfully demonstrated its Outrider™ Border Drone in live missions at the Cochise County Drone Summit, showcasing its capabilities in surveillance and border security operations. The event attracted significant interest from multiple agencies, reinforcing Draganfly’s position as a leading domestic supplier of UAS technology and highlighting its strategic advantage in the growing U.S. homeland-security drone market.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
On November 13, 2025, Draganfly Inc. announced a second major order from a Fortune 50 telecommunications company to expand its NDAA-compliant heavy lift drone fleet. This order involves the delivery of multiple Commander 3XL drones integrated with Unmanned Systems & Solutions Inc.’s LEAP® tether system, enhancing the customer’s emergency management and post-disaster telecommunication support capabilities. This collaboration highlights Draganfly’s commitment to integrating specialized technologies for improved mission performance, reinforcing its position in the public safety and infrastructure sectors.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc’s recent earnings call painted a picture of optimism and strategic growth, despite facing some financial challenges. The call underscored significant revenue growth, strategic military partnerships, and a robust cash position, even as the company grappled with decreased gross margins and increased comprehensive losses. The development of new products and plans to expand manufacturing capacity signal promising future prospects for the company.
Draganfly Inc., a leader in drone solutions and systems, serves various sectors including public safety, health, and industrial inspections, offering innovative technology to enhance operational efficiency and safety.
Draganfly Inc. released its unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2025. The report highlights a significant increase in total assets and shareholders’ equity compared to the previous year, indicating a strong financial position. The company’s revenue from sales of goods and services also showed growth, reflecting its expanding market presence. However, the company continues to face operating expenses and accumulated deficits, which are common challenges in the tech industry.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. announced it will host a shareholder update call on November 12, 2025, led by CEO Cameron Chell and CFO Paul Sun, to discuss the company’s key milestones, strategic initiatives, and third-quarter financial performance. The call aims to engage shareholders and provide insights into Draganfly’s operations and future direction, with the formal release of Q3 2025 financial results scheduled for the same day.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. is set to unveil its new Outrider Drone at the Cochise County Border Drone Summit, an exclusive event aimed at demonstrating the drone’s capabilities in real-world conditions. The Outrider Drone is designed for long-endurance surveillance and logistics missions, integrating advanced imaging and secure communications to enhance border security, emergency response, and defense operations. This unveiling marks a significant step in Draganfly’s efforts to position itself as a leader in drone-enabled security solutions.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$11.50 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. has strengthened its military and defense capabilities by appointing veterans Victor Meyer and Keith Kimmel to its Military Board of Advisors. This strategic move aims to enhance the company’s defense strategy, ensuring its technologies continue to deliver innovation and reliability in defense and government applications. The new advisors bring extensive military and corporate experience, which will be crucial in expanding Draganfly’s defense capabilities and ensuring its solutions meet the needs of defense and security organizations worldwide.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. and Palladyne AI Corp. have announced a collaboration to integrate Palladyne’s advanced AI software into Draganfly’s UAV platforms. This partnership aims to enhance the autonomous capabilities of Draganfly’s drones, enabling advanced swarm operations and improving efficiency for government, defense, and commercial users. By incorporating Palladyne’s AI, Draganfly’s systems will gain expanded mission capabilities, reducing operator workload and extending the effectiveness of their drone solutions in complex scenarios.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. has appointed Drone Nerds as an official value-added reseller for its NDAA-compliant drone systems, enhancing its market reach in the U.S. and allied markets. This partnership, showcased at the ElevateUAV 2025 conference, is expected to bolster Draganfly’s presence in public safety and enterprise sectors, leveraging Drone Nerds’ extensive distribution and support infrastructure to meet the evolving needs of advanced drone users.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. announced its participation in the AUSA Annual Meeting & Exposition, a significant defense event in North America, where it will showcase its latest drone platforms and technologies. By partnering with Global Ordnance, Draganfly aims to demonstrate the integration of its unmanned systems into mission-critical operations, reinforcing its presence in defense and public safety markets and supporting its business development goals.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. has announced a strategic partnership with Global Ordnance, a U.S. Defense Logistics Agency prime contractor, to enhance the adoption of its unmanned aerial systems (UAS) in U.S. defense and allied markets. This collaboration aims to leverage Global Ordnance’s defense contracting expertise and Draganfly’s advanced drone technology to improve the availability and operational readiness of mission-critical UAS technologies, aligning with the growing demand for ISR capabilities and autonomous operations in the defense sector.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. announced on September 30, 2025, that it has been selected by the U.S. Army to supply Flex FPV drone systems. This collaboration involves delivering high-performance drones and establishing on-site manufacturing within overseas U.S. Forces facilities to enhance deployment speed and reduce supply-chain timelines. The initiative is a significant milestone in advancing critical drone capabilities closer to the battlefield, thereby reducing logistical vulnerabilities and enhancing force readiness. Recent military exercises have highlighted the importance of FPV technology, and Draganfly’s involvement supports the strategic shift towards decentralized and agile innovation in drone warfare.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. announced its participation in the Countering Explosives Conference alongside Autonome Labs, where they will showcase the M.A.G.I.C system integrated with Draganfly’s Heavy Lift UAV. This system aims to modernize mine and route clearance operations, offering enhanced safety, efficiency, and precision. The collaboration is expected to provide a cost-effective and mission-ready solution for demining, with pilot deployments planned for post-conflict regions later in the year.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. successfully demonstrated its Commander 3XL and Flex FPV drones at the T-REX 24-2 military technology exercise held from August 19-28, 2025, at Camp Atterbury, Indiana. As one of only four companies invited, Draganfly showcased its drones’ capabilities in multi-domain defense operations, reinforcing its position as a leader in drone technology. The event highlighted the versatility and adaptability of Draganfly’s systems, marking a significant milestone in the company’s collaboration with NATO-aligned defense partners and its ongoing projects in tactical logistics, landmine detection, and emergency response.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc’s recent earnings call painted a mixed picture of the company’s financial health and strategic advancements. While the company showcased significant revenue growth and strategic progress in the military and defense sectors, it also reported a comprehensive loss and faced challenges with gross margin and regulatory classifications. Despite these hurdles, Draganfly’s strong cash position and strategic partnerships were highlighted as positive indicators for future growth.
Draganfly Inc. announced on August 28, 2025, the expansion of its U.S. manufacturing footprint and capacity to meet the growing demand for U.S.-made drone solutions. This expansion aligns with a recent U.S. policy shift aimed at accelerating domestic drone production and reducing reliance on foreign supply chains. By increasing its manufacturing capabilities, Draganfly aims to contribute to a more agile and self-reliant drone ecosystem, enhancing its ability to deliver scalable, mission-ready solutions.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Draganfly Inc. announced its strategic positioning to support Canada’s $2 billion military aid package to Ukraine, which includes $220 million for drone and electronic warfare capabilities. With a history of defense and humanitarian initiatives, Draganfly is well-equipped to contribute to this mission, enhancing its role in the defense sector and offering significant opportunities for shareholders.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.