Dragonfly Energy Holdings (DFLI) Operating Margin (2022 - 2025)
Dragonfly Energy Holdings' Operating Margin was -78.11% in Q4 2025, down 19.60 percentage points from -58.51% a year earlier and down 54.45 percentage points from the prior quarter.
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Analysis
Dragonfly Energy Holdings (DFLI) Operating Margin (2022 - 2025) Analysis & Trends
For FY2025, Operating Margin at Dragonfly Energy Holdings came in at -39.52%, up 11.34 percentage points from FY2024.
- Operating Margin shows a four-year change of -47.82 percentage points (FY2021 to FY2025).
- In earlier years, Operating Margin was -50.86% in FY2024 (-8.26 pp), -42.60% in FY2023 (-2.73 pp), -39.86% in FY2022 (-48.15 pp) and 8.29% in FY2021.
- The Q4 2025 figure marks the lowest quarterly Operating Margin since Q4 2022.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.31 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2023 (a gain of 113.26 percentage points); the worst was Q1 2023 (a drop of 44.11 percentage points).
- Per Business Quant data, DFLI's Operating Margin in the three quarters before Q4 2025 was -23.66% (Q3 2025), -20.19% (Q2 2025) and -44.28% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 6.71% |
| 10 | Dragonfly Energy Holdings | 4.11 Mn | -23.53 Mn | 2.38 Mn | -78.11% |
Historic Data
Download Data
Historic 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 | -142.93% |
| Sep 30, 2022 | -13.05% |
| Jun 30, 2022 | -2.44% |
| Mar 31, 2022 | -8.53% |
API Access
Dragonfly Energy Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=DFLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "DFLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=DFLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();