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DFLIW Stock Analysis - Dragonfly Energy Holdings Corp. AI Rating

DFLIW Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies NV CIK: 0001847986
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2025-09-30
STRONG SELL
95% Conf
Pending
Analysis scheduled

📊 DFLIW Key Takeaways

Revenue: $45.6M
Net Margin: -54.6%
Free Cash Flow: $-13.1M
Current Ratio: 1.34x
Debt/Equity: N/A
EPS: $-0.98
AI Rating: STRONG SELL with 95% confidence

Investment Thesis

Claude

Dragonfly Energy is in severe financial distress with negative stockholders' equity of -$21.6M, indicating the company is technically insolvent. The company is burning cash with -$13.1M free cash flow, negative operating income of -$13.0M, and only $3.8M in cash reserves against $97.1M in long-term debt, creating an imminent liquidity crisis.

DFLIW Strengths

Claude
  • + Positive gross margin of 29.1% indicates viable core product economics
  • + Current ratio of 1.34x provides minimal near-term liquidity buffer
  • + Operating in renewable energy sector with structural tailwinds

DFLIW Risks

Claude
  • ! Negative stockholders' equity indicates technical insolvency and high bankruptcy risk
  • ! Severe cash burn of -$13.1M FCF with only $3.8M cash available; unable to fund operations or service $97.1M debt
  • ! Net margin of -54.6% and operating margin of -28.5% show company is deeply unprofitable despite revenue; loses $0.98 per share
  • ! Liabilities exceed assets by $21.6M creating unsustainable balance sheet structure
  • ! Quick ratio of 0.46x indicates potential difficulty meeting short-term obligations

Key Metrics to Watch

Claude
  • * Quarterly cash burn rate and runway to insolvency
  • * Debt covenant compliance and refinancing ability
  • * Path to operating profitability and EBITDA breakeven

DFLIW Financial Metrics

Revenue
$45.6M
Net Income
$-24.9M
EPS (Diluted)
$-0.98
Free Cash Flow
$-13.1M
Total Assets
$73.8M
Cash Position
$3.8M

💡 AI Analyst Insight

Dragonfly Energy Holdings Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

DFLIW Profitability Ratios

Gross Margin 29.1%
Operating Margin -28.5%
Net Margin -54.6%
ROE N/A
ROA -33.7%
FCF Margin -28.6%

DFLIW vs Industrial Sector

How Dragonfly Energy Holdings Corp. compares to Industrial sector averages

Net Margin
DFLIW -54.6%
vs
Sector Avg 10.0%
DFLIW Sector
ROE
DFLIW 0.0%
vs
Sector Avg 15.0%
DFLIW Sector
Current Ratio
DFLIW 1.3x
vs
Sector Avg 1.8x
DFLIW Sector
Debt/Equity
DFLIW 0.0x
vs
Sector Avg 0.7x
DFLIW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

DFLIW Balance Sheet & Liquidity

Current Ratio
1.34x
Quick Ratio
0.46x
Debt/Equity
N/A
Debt/Assets
129.2%
Interest Coverage
-2.73x
Long-term Debt
$97.1M

DFLIW 5-Year Financial Trend

DFLIW 5-year financial data: Year 2022: Revenue $86.3M, Net Income $4.3M, EPS $0.11. Year 2023: Revenue $86.3M, Net Income -$40.0M, EPS $-1.04. Year 2024: Revenue $64.4M, Net Income -$13.8M, EPS $-2.36.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Dragonfly Energy Holdings Corp.'s revenue has declined by 25% over the 5-year period, indicating business contraction. The most recent EPS of $-2.36 indicates the company is currently unprofitable.

DFLIW Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-28.6%
Free cash flow / Revenue

DFLIW Quarterly Performance

Quarterly financial performance data for Dragonfly Energy Holdings Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $12.7M -$6.8M $-0.20
Q2 2025 $13.2M -$6.8M $-0.58
Q1 2025 $12.5M -$6.8M $-0.93
Q3 2024 $12.7M $4.8M $-0.11
Q2 2024 $13.2M $4.8M $-0.15
Q1 2024 $12.5M $4.8M $0.10
Q3 2023 $15.9M -$1.5M $-0.10
Q2 2023 $19.3M -$1.5M $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

DFLIW Capital Allocation

Operating Cash Flow
-$11.2M
Cash generated from operations
Capital Expenditures
$1.8M
Investment in assets
Dividends
None
No dividend program

DFLIW SEC Filings

Access official SEC EDGAR filings for Dragonfly Energy Holdings Corp. (CIK: 0001847986)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about DFLIW

What is the AI rating for DFLIW?

Dragonfly Energy Holdings Corp. (DFLIW) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are DFLIW's key strengths?

Claude: Positive gross margin of 29.1% indicates viable core product economics. Current ratio of 1.34x provides minimal near-term liquidity buffer.

What are the risks of investing in DFLIW?

Claude: Negative stockholders' equity indicates technical insolvency and high bankruptcy risk. Severe cash burn of -$13.1M FCF with only $3.8M cash available; unable to fund operations or service $97.1M debt.

What is DFLIW's revenue and growth?

Dragonfly Energy Holdings Corp. reported revenue of $45.6M.

Does DFLIW pay dividends?

Dragonfly Energy Holdings Corp. does not currently pay dividends.

Where can I find DFLIW SEC filings?

Official SEC filings for Dragonfly Energy Holdings Corp. (CIK: 0001847986) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DFLIW's EPS?

Dragonfly Energy Holdings Corp. has a diluted EPS of $-0.98.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-09-30 | Powered by Claude AI