Dragonfly Energy Holdings (DFLI) Operating Margin (2022 - 2025)
Dragonfly Energy Holdings (DFLI) reported Operating Margin of 78.11% for Q4 2025, down 1960.0% year-over-year from 4.2% in Q4 2024, and down 230.1% on a QoQ basis from 23.66% in Q3 2025.
Dragonfly Energy Holdings (DFLI) has 4 years of Operating Margin data on file, last reported at 78.11% in Q4 2025.
- Quarterly Operating Margin fell 1960.0% year-over-year to 78.11% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 39.52% (up 1134.0% YoY) and the FY2025 annual result came in at 39.52%, up 1134.0% from the prior year.
- Operating Margin retreated to 78.11% in Q4 2025 per DFLI's latest filing, from 23.66% in the prior quarter.
- Across five years, Operating Margin topped out at 2.44% in Q2 2022 and bottomed at 78.11% in Q4 2025.
- The 4-year median for Operating Margin is 40.63% (2023), against an average of 35.8%.
- The widest annual swing landed in 2023, when Operating Margin sank 4411 bps; it then soared 3090 bps in 2025.
- Tracing DFLI's Operating Margin over 4 years: stood at 15.08% in 2022, then plunged by 97 bps to 29.67% in 2023, then slumped by 97 bps to 58.51% in 2024, then slumped by 33 bps to 78.11% in 2025.
- Per Business Quant, the three latest DFLI Operating Margin figures stand at 78.11% (Q4 2025), 23.66% (Q3 2025), and 20.19% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 16.61% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 9.61% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 15.76% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 17.39% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 13.37% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 19.41% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 12.60% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 12.52% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -66.96% |
| 10 | Dragonfly Energy Holdings | 1.98 Mn | -16.29 Mn | 2.38 Mn | -78.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -78.11% |
| Sep 30, 2025 | -23.66% |
| Jun 30, 2025 | -20.19% |
| Mar 31, 2025 | -44.28% |
| Dec 31, 2024 | -58.51% |
| Sep 30, 2024 | -47.37% |
| Jun 30, 2024 | -51.10% |
| Mar 31, 2024 | -46.69% |
| Dec 31, 2023 | -29.67% |
| Sep 30, 2023 | -36.98% |
| Jun 30, 2023 | -44.44% |
| Mar 31, 2023 | -52.64% |
| Dec 31, 2022 | -15.08% |
| Sep 30, 2022 | -13.05% |
| Jun 30, 2022 | -2.44% |
| Mar 31, 2022 | -8.53% |