Original Equipment Manufacture was Dragonfly Energy Holdings’s largest revenue line in fiscal 2025, bringing in $110.80M of $175.89M (63%).
| Contract with Customer, Sales Channel | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Sales Channel, Directly To Consumer | $157.34M | $110.63M | $67.85M | $62.09M | |
| Original Equipment Manufacture | $101.42M | $82.55M | $82.84M | $110.80M | |
| Sales Channel, Through Intermediary | — | — | — | — | |
| License Fee Revenue | — | — | $1.25M | $3.00M | |
| Total | $258.75M | $193.18M | $151.94M | $175.89M |
Dragonfly Energy Holdings brought in $175.89M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 15.8% from $151.94M in fiscal 2024. Original Equipment Manufacture was the largest at $110.80M (63.0%), ahead of Sales Channel, Directly To Consumer at $62.09M (35.3%) and License Fee Revenue at $3.00M (1.7%).
Compared with fiscal 2024, Original Equipment Manufacture grew 33.8% to $110.80M, while Sales Channel, Directly To Consumer fell 8.5% to $62.09M.
Dragonfly Energy Holdings began breaking out License Fee Revenue in fiscal 2024, when it brought in $1.25M.
Direct To Consumers was Dragonfly Energy Holdings’s largest segment in fiscal 2025, bringing in $62.09M of $65.14M (95%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Original Equipment Manufacturers | $82.55M | $21.93K | $47.18K |
| Direct To Consumers | $110.63M | $67.85M | $62.09M |
| Other | — | $1.25M | $3.00M |
| Total | $193.18M | $69.12M | $65.14M |
Dragonfly Energy Holdings brought in $65.14M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $175.89M it reports by contract with customer, sales channel, so these segments do not cover all of its revenue. Direct To Consumers was the largest at $62.09M (95.3%), ahead of Other at $3.00M (4.6%) and Original Equipment Manufacturers at $47.18K (0.1%).
Compared with fiscal 2024, Other grew 139.8% to $3.00M, while Direct To Consumers fell 8.5% to $62.09M.
Dragonfly Energy Holdings began breaking out Other in fiscal 2024, when it brought in $1.25M.
Dragonfly Energy Holdings (DFLI) reports its revenue by contract with customer, sales channel and by segment. In fiscal 2025, Original Equipment Manufacture was its largest revenue line, bringing in $110.80M (63.0% of the total), followed by Sales Channel, Directly To Consumer at $62.09M (35.3%).
Original Equipment Manufacture was Dragonfly Energy Holdings' largest revenue line in fiscal 2025, bringing in $110.80M, or 63.0% of the $175.89M total across its three revenue lines.
Direct To Consumers was Dragonfly Energy Holdings' largest segment in fiscal 2025, bringing in $62.09M, or 95.3% of the $65.14M total across its three segments.
Original Equipment Manufacture grew faster than Sales Channel, Directly To Consumer in fiscal 2025, up 33.8% from $82.84M to $110.80M. Sales Channel, Directly To Consumer fell 8.5% to $62.09M.
Every figure comes from Dragonfly Energy Holdings' annual financial filings, as reported. Each line keeps the name Dragonfly Energy Holdings gives it, and years follow its fiscal calendar.
Dragonfly Energy Holdings' revenue by contract with customer, sales channel goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.