Dragonfly Energy Holdings (DFLI) Gross Margin (2022 - 2025)
Dragonfly Energy Holdings (DFLI) posted quarterly Gross Margin of 18.21% for Q4 2025, down 257.0% year-over-year from 11.6% in Q4 2024, and down 38.61% quarter-over-quarter from 29.66% in Q3 2025.
Dragonfly Energy Holdings (DFLI) Gross Margin (2022 - 2025) Analysis & Trends
Dragonfly Energy Holdings (DFLI) has reported Gross Margin for 4 consecutive years, with 18.21% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin fell 257.0% year-over-year to 18.21%; the TTM figure through Dec 2025 stood at 26.69% (up 373.0% YoY), while the FY2025 annual figure was 26.69%, up 373.0% from the prior year.
- Gross Margin eased to 18.21% in Q4 2025 per DFLI's latest filing, from 29.66% in the prior quarter.
- Across five years, Gross Margin topped out at 32.5% in Q2 2022 and bottomed at 18.21% in Q4 2025.
- Historically, Gross Margin has averaged 25.17% across 4 years, with a median of 24.62% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin sank 1214 bps — and 2025, when it jumped 710 bps.
- Dragonfly Energy Holdings' Gross Margin stood at 20.08% in 2022, then rose by 8 bps to 21.62% in 2023, then fell by 4 bps to 20.78% in 2024, then fell by 12 bps to 18.21% in 2025.
- Business Quant data shows DFLI's Gross Margin at 18.21% in Q4 2025, 29.66% in Q3 2025, and 28.34% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Dragonfly Energy Holdings | 5.41 Mn | -12.86 Mn | 2.38 Mn | 18.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.21% |
| Sep 30, 2025 | 29.66% |
| Jun 30, 2025 | 28.34% |
| Mar 31, 2025 | 29.41% |
| Dec 31, 2024 | 20.78% |
| Sep 30, 2024 | 22.56% |
| Jun 30, 2024 | 23.98% |
| Mar 31, 2024 | 24.40% |
| Dec 31, 2023 | 21.62% |
| Sep 30, 2023 | 28.94% |
| Jun 30, 2023 | 20.36% |
| Mar 31, 2023 | 24.84% |
| Dec 31, 2022 | 20.08% |
| Sep 30, 2022 | 26.95% |
| Jun 30, 2022 | 32.50% |
| Mar 31, 2022 | 30.02% |