Dragonfly Energy(US:DFLI) Globenewswire·2026-03-16 20:15Core Insights - Dragonfly Energy Holdings Corp. reported a 16% increase in full-year 2025 revenue, driven by a 34% growth in OEM sales, and is targeting a positive adjusted EBITDA at a $70 million annual revenue run rate [1][2][18] - The company has implemented a strategic cost realignment to reduce operating expenses by approximately $8.9 million annually, focusing on commercial markets such as OEM, trucking, and industrial channels [3][6] Financial Highlights - For Q4 2025, net sales were $13.1 million, a 6.9% increase year-over-year, with OEM sales growing 30.1% to $8.1 million [5][8] - Full-year 2025 net sales reached $58.6 million, up 15.8% from the previous year, with OEM sales increasing 33.8% [13][15] - Gross profit for the full year increased 34.6% to $15.6 million, with a gross margin of 26.7% [14] - The company reported a net loss of $(69.9) million for the full year, compared to a net loss of $(40.6) million in 2024 [15] Operational Initiatives - Dragonfly Energy has expanded partnerships in the RV and heavy-duty trucking sectors, enhancing its product development and manufacturing strategies [2][18] - The company is focusing on improving operational efficiency and strengthening its financial foundation to support a path to sustainable profitability [2][18] Cost Management Strategies - Executive leadership and Board members have agreed to a 20% reduction in cash compensation, opting for equity-based incentives to align with long-term shareholder value [6] - A 20% reduction in total payroll expenses is being implemented through targeted workforce reductions and salary adjustments [6] - The company is also reducing discretionary spending and consolidating rental space, which is expected to save $4.0 million [6] Future Outlook - For Q1 2026, Dragonfly Energy anticipates revenue of $9.5 million and an adjusted EBITDA loss of $(4.6) million, reflecting softer conditions in the RV market and a slower ramp in the trucking segment [18][22]