Dragonfly Energy Holdings (DFLI) Operating Expenses (2021 - 2025)
Dragonfly Energy Holdings (DFLI) reported Operating Expenses of $12.6 million for Q4 2025, up 29.9% year-over-year from $9.7 million in Q4 2024, and up 47.73% on a QoQ basis from $8.5 million in Q3 2025.
Dragonfly Energy Holdings (DFLI) has 5 years of Operating Expenses data on file, last reported at $12.6 million in Q4 2025.
- Quarterly Operating Expenses rose 29.9% year-over-year to $12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $38.8 million (up 3.84% YoY) and the FY2025 annual result came in at $38.8 million, up 3.84% from the prior year.
- Operating Expenses climbed to $12.6 million in Q4 2025 per DFLI's latest filing, from $8.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $32.9 million in Q4 2022 and bottomed at $834.0 in Q2 2021.
- The 5-year median for Operating Expenses is $9.7 million (2024), against an average of $10.5 million.
- The widest annual swing landed in 2022, when Operating Expenses surged 905895.2%; it then slumped 83.75% in 2023.
- Tracing DFLI's Operating Expenses over 5 years: stood at $23.1 million in 2021, then surged by 42.82% to $32.9 million in 2022, then plunged by 83.75% to $5.4 million in 2023, then jumped by 80.86% to $9.7 million in 2024, then gained by 29.9% to $12.6 million in 2025.
- Per Business Quant, the three latest DFLI Operating Expenses figures stand at $12.6 million (Q4 2025), $8.5 million (Q3 2025), and $7.9 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 451.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 153.35 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 249.90 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 241.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 132.60 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 30.13 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 387.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 19.72 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 87.88 Mn |
| 10 | Dragonfly Energy Holdings | 1.98 Mn | -16.29 Mn | 2.38 Mn | 12.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.58 Mn |
| Sep 30, 2025 | 8.51 Mn |
| Jun 30, 2025 | 7.89 Mn |
| Mar 31, 2025 | 9.84 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Sep 30, 2024 | 8.90 Mn |
| Jun 30, 2024 | 9.92 Mn |
| Mar 31, 2024 | 8.89 Mn |
| Dec 31, 2023 | 5.35 Mn |
| Sep 30, 2023 | 10.47 Mn |
| Jun 30, 2023 | 12.49 Mn |
| Mar 31, 2023 | 14.56 Mn |
| Dec 31, 2022 | 32.94 Mn |
| Sep 30, 2022 | 10.45 Mn |
| Jun 30, 2022 | 7.56 Mn |
| Mar 31, 2022 | 7.06 Mn |
| Dec 31, 2021 | 23.06 Mn |
| Sep 30, 2021 | 92,234.00 |
| Jun 30, 2021 | 834.00 |