Dragonfly Energy Holdings (DFLI) Research & Development (2022 - 2025)
Dragonfly Energy Holdings (DFLI) posted quarterly Research & Development of $2.5 million for Q4 2025, down 54.97% year-over-year from $5.5 million in Q4 2024, and up 325.64% quarter-over-quarter from $585000.0 in Q3 2025.
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.
- In Q4 2025, Research & Development fell 54.97% year-over-year to $2.5 million; the TTM figure through Dec 2025 stood at $6.3 million (down 50.33% YoY), while the FY2025 annual figure was $10.2 million, up 1.55% from the prior year.
- Research & Development grew to $2.5 million in Q4 2025 per DFLI's latest filing, from $585000.0 in the prior quarter.
- Across five years, Research & Development topped out at $9.3 million in Q4 2023 and bottomed at $585000.0 in Q3 2025.
- Historically, Research & Development has averaged $3.2 million across 4 years, with a median of $2.8 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development surged 114.08% — and 2025, when it tumbled 74.19%.
- Dragonfly Energy Holdings' Research & Development stood at $4.3 million in 2022, then jumped by 114.08% to $9.3 million in 2023, then tumbled by 40.48% to $5.5 million in 2024, then slumped by 54.97% to $2.5 million in 2025.
- Business Quant data shows DFLI's Research & Development at $2.5 million in Q4 2025, $585000.0 in Q3 2025, and $692000.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 58.87 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 24.50 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 65.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 4.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 7.67 Mn |
| 10 | Dragonfly Energy Holdings | 5.41 Mn | -12.86 Mn | 2.38 Mn | 2.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.49 Mn |
| Sep 30, 2025 | 585,000.00 |
| Jun 30, 2025 | 692,000.00 |
| Mar 31, 2025 | 2.49 Mn |
| Dec 31, 2024 | 5.53 Mn |
| Sep 30, 2024 | 1.63 Mn |
| Jun 30, 2024 | 2.68 Mn |
| Mar 31, 2024 | 2.74 Mn |
| Dec 31, 2023 | 9.29 Mn |
| Sep 30, 2023 | 1.39 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 |