Dragonfly Energy Holdings (DFLI) Gross Margin (2022 - 2025)

Dragonfly Energy Holdings' (DFLI) quarterly Gross Margin came in at 18.21% in Q4 2025, down 257.0% year-on-year from 11.6% in Q4 2024, and down 38.61% on a QoQ basis from 29.66% in Q3 2025.

Dragonfly Energy Holdings (DFLI) Gross Margin (2022 - 2025) Analysis & Trends

Dragonfly Energy Holdings (DFLI) has 4 years of Gross Margin data on file, last reported at 18.21% in Q4 2025.

  • On a quarterly basis, Gross Margin fell 257.0% year-over-year to 18.21% in Q4 2025; TTM through Dec 2025 was 26.69%, a 373.0% increase from a year earlier, with the FY2025 full-year figure at 26.69%, up 373.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 18.21%, down from 29.66% in the prior quarter.
  • Over the last five years, Gross Margin for DFLI reached as high as 32.5% in Q2 2022 and fell as low as 18.21% in Q4 2025.
  • Historically, Gross Margin has averaged 25.17% across 4 years, with a median of 24.62% in 2024.
  • Across the five-year window, Gross Margin tumbled 1214 bps in 2023 and surged 710 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 20.08% in 2022, then advanced by 8 bps to 21.62% in 2023, then decreased by 4 bps to 20.78% in 2024, then decreased by 12 bps to 18.21% in 2025.
  • Per Business Quant data, the three most recent Gross Margin figures were 18.21% in Q4 2025, 29.66% in Q3 2025, and 28.34% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 37.73%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 30.03%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 33.32%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 50.62%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 29.65%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 29.44%
10 Dragonfly Energy Holdings 1.74 Mn -16.53 Mn 2.38 Mn 18.21%

Historic Data

Download Data
DateValue
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%