Dragonfly Energy Holdings DFLI
NASDAQ DFLI
$1.05 -0.04 (-3.67%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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