Dragonfly Energy Holdings (DFLI) Research & Development (2022 - 2025)
Dragonfly Energy Holdings' (DFLI) quarterly Research & Development came in at $2.5 million in Q4 2025, up 46.82% year-over-year from $1.7 million in Q4 2024, and down 5.32% quarter-over-quarter from $2.6 million in Q3 2025.
Analysis
Dragonfly Energy Holdings (DFLI) Research & Development (2022 - 2025) Analysis & Trends
Dragonfly Energy Holdings (DFLI) has reported Research & Development for 4 consecutive years, with $2.5 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Research & Development rose 46.82% year-over-year to $2.5 million in Q4 2025; TTM through Dec 2025 was $10.2 million, a 1.55% increase from a year earlier, with the FY2025 full-year figure at $10.2 million, up 1.55% from the prior year.
- Research & Development was $2.5 million for Q4 2025 at Dragonfly Energy Holdings, down from $2.6 million in the prior quarter.
- Over five years, Research & Development peaked at $4.3 million in Q4 2022 and troughed at $1.5 million in Q4 2023.
- A 4-year average of $2.9 million and a median of $2.8 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 64.33% in 2023 and jumped 46.82% in 2025, its largest moves.
- Over 4 years, Research & Development stood at $4.3 million in 2022, then sank by 64.33% to $1.5 million in 2023, then rose by 9.56% to $1.7 million in 2024, then jumped by 46.82% to $2.5 million in 2025.
- The last three Research & Development figures came in at $2.5 million (Q4 2025), $2.6 million (Q3 2025), and $2.6 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | - |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | 82.53 Mn |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | 25.30 Mn |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | 10.51 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | 24.44 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | 2.87 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | 4.10 Mn |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | -407,000.00 |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | 8.86 Mn |
| 10 | Dragonfly Energy Holdings | 14.56 Mn | 14.56 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.49 Mn |
| Sep 30, 2025 | 2.63 Mn |
| Jun 30, 2025 | 2.58 Mn |
| Mar 31, 2025 | 2.49 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | 2.90 Mn |
| Jun 30, 2024 | 2.68 Mn |
| Mar 31, 2024 | 2.74 Mn |
| Dec 31, 2023 | 1.55 Mn |
| Sep 30, 2023 | 3.08 Mn |
| Jun 30, 2023 | 3.81 Mn |
| Mar 31, 2023 | 4.18 Mn |
| Dec 31, 2022 | 4.34 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Jun 30, 2022 | 2.88 Mn |
| Mar 31, 2022 | 3.09 Mn |