Dragonfly Energy (DFLI)
Market Price (11/11/2026): $1.9 | Market Cap: $3.6 MilSector: Industrials | Industry: Electrical Components & Equipment
Dragonfly Energy (DFLI)
Market Price (11/11/2026): $1.9Market Cap: $3.6 MilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Smart Grids & Grid Modernization. Themes include Advanced Battery Components, Show more. | Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -125% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -38% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -19% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -58% High stock price volatilityVol 12M is 109% Key risksDFLI key risks include [1] its precarious financial health which necessitates continuous, Show more. |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Smart Grids & Grid Modernization. Themes include Advanced Battery Components, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -125% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -38% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -19% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -58% |
| High stock price volatilityVol 12M is 109% |
| Key risksDFLI key risks include [1] its precarious financial health which necessitates continuous, Show more. |
Qualitative Assessment
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Dragonfly Energy (DFLI) stock has lost about 50% since it went public on 10/8/2026 because of the following key factors:
1. Reverse stock split enacted to regain Nasdaq compliance led to immediate selling pressure.
Dragonfly Energy implemented an 8-for-1 reverse stock split on October 8, 2026, in an effort to regain compliance with Nasdaq's minimum bid price requirement. This corporate action triggered a significant market reaction, with the stock declining 46.25% in the week following the announcement, reaching approximately $2.95 by October 14, 2026.
2. Persistent financial instability and liquidity concerns exacerbated investor fears.
The need for the reverse stock split stemmed from deeper financial challenges, including a stockholders' equity deficit of $184,000 for the period ended June 30, 2026, which fell below Nasdaq's $2.5 million minimum requirement. Further, in early October 2026, the company disclosed that lenders waived a minimum liquidity covenant for September 30, 2026, and a Series B preferred stockholder dividend was deferred, accompanied by a $450,000 amendment fee paid in kind, signaling significant balance sheet stress and raising investor concerns about near-term liquidity.
Show more
Dragonfly Energy (DFLI) stock has lost about 50% since it went public on 10/8/2026 because of the following key factors:
1. Reverse stock split enacted to regain Nasdaq compliance led to immediate selling pressure.
Dragonfly Energy implemented an 8-for-1 reverse stock split on October 8, 2026, in an effort to regain compliance with Nasdaq's minimum bid price requirement. This corporate action triggered a significant market reaction, with the stock declining 46.25% in the week following the announcement, reaching approximately $2.95 by October 14, 2026.
2. Persistent financial instability and liquidity concerns exacerbated investor fears.
The need for the reverse stock split stemmed from deeper financial challenges, including a stockholders' equity deficit of $184,000 for the period ended June 30, 2026, which fell below Nasdaq's $2.5 million minimum requirement. Further, in early October 2026, the company disclosed that lenders waived a minimum liquidity covenant for September 30, 2026, and a Series B preferred stockholder dividend was deferred, accompanied by a $450,000 amendment fee paid in kind, signaling significant balance sheet stress and raising investor concerns about near-term liquidity.
3. Weakening business fundamentals and declining sales in core markets eroded confidence.
The company has faced ongoing operational struggles, particularly in its OEM segment, which generated only $3.9 million in revenue after its batteries were removed from a major RV manufacturer's standard models. For fiscal Q1 2026, net sales were approximately $9.7 million, representing a 27% year-over-year decrease, driven by softer demand in the recreational vehicle (RV) market and a 26% decline in direct-to-consumer sales, contributing to negative adjusted EBITDA and projected losses for fiscal Q2 2026.
4. Dilution from past and recent stock-based transactions weighed on shareholder value.
Investor sentiment has also been negatively impacted by concerns over dilution. This includes stock-based consideration tied to the Dakota Lithium asset acquisition announced in July 2026. Additionally, the company conducted a public offering of common stock and pre-funded warrants in October 2025, generating approximately $55.4 million, a portion of which was used for debt prepayment rather than solely for growth initiatives.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
7/31/2026 to 11/10/2026| Return | Correlation | |
|---|---|---|
| DFLI | ||
| Market (SPY) | 0.4% | 64.1% |
| Sector (XLI) | -6.2% | 59.0% |
Fundamental Drivers
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Market Drivers
4/30/2026 to 11/10/2026| Return | Correlation | |
|---|---|---|
| DFLI | ||
| Market (SPY) | 4.6% | 64.1% |
| Sector (XLI) | -3.1% | 59.0% |
Fundamental Drivers
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Market Drivers
10/31/2025 to 11/10/2026| Return | Correlation | |
|---|---|---|
| DFLI | ||
| Market (SPY) | 10.9% | 64.1% |
| Sector (XLI) | 9.8% | 59.0% |
Fundamental Drivers
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Market Drivers
10/31/2023 to 11/10/2026| Return | Correlation | |
|---|---|---|
| DFLI | ||
| Market (SPY) | 85.5% | 64.1% |
| Sector (XLI) | 78.4% | 59.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DFLI Return | - | - | - | - | - | -51% | -51% |
| Peers Return | -37% | -32% | 23% | 71% | 38% | 5% | 30% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| DFLI Win Rate | - | - | - | - | - | 50% | |
| Peers Win Rate | 40% | 35% | 52% | 44% | 52% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 36% | |
Max Drawdowns [4] | |||||||
| DFLI Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -59% | -53% | -51% | -46% | -50% | -62% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ENS, ULBI, FLUX, EOSE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/10/2026 (YTD)
How Low Can It Go
DFLI has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.8% | -18.8% |
| % Gain to Breakeven | 18.8% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.7% | -9.5% |
| % Gain to Breakeven | 13.2% | 10.5% |
| Time to Breakeven | 45 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.1% | -12.2% |
| % Gain to Breakeven | 12.5% | 13.9% |
| Time to Breakeven | 51 days | 62 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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DFLI has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.5% | -17.9% |
| % Gain to Breakeven | 29.0% | 21.8% |
| Time to Breakeven | 114 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -60.5% | -53.4% |
| % Gain to Breakeven | 153.2% | 114.4% |
| Time to Breakeven | 700 days | 1085 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Dragonfly Energy (DFLI)
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Dragonfly Energy (DFLI) is a manufacturer and distributor of deep cycle lithium-ion batteries, primarily under the "Battle Born Batteries" brand. The company serves a mixed customer base, including both individual consumers and various business customers.
The major categories of customers that Dragonfly Energy serves include:
- Individual Consumers: These customers purchase Dragonfly Energy's batteries directly through the company's website (BattleBornBatteries.com) or via online retailers such as Amazon. They typically use the batteries for recreational vehicles (RVs), marine applications, off-grid power systems (e.g., for tiny homes or cabins), overlanding setups, and van conversions.
- Original Equipment Manufacturers (OEMs): Dragonfly Energy supplies its batteries to other companies that integrate them into their manufactured products. This includes manufacturers of RVs, boats, and potentially certain industrial or specialized vehicles. Specific names of major OEM customer companies are not publicly disclosed by Dragonfly Energy.
- Dealers and Installers: This category encompasses a network of businesses that resell and install Dragonfly Energy's battery solutions. These typically include RV dealerships, marine service centers, solar energy system installers, and other specialized retailers who provide complete power solutions to their end customers. Specific names of major dealer/installer companies are not publicly disclosed by Dragonfly Energy.
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Denis Phares, Chief Executive Officer & Interim Chief Financial Officer
Denis Phares co-founded Dragonfly Energy (then Legacy Dragonfly) in 2012. Prior to founding Dragonfly Energy, he was a tenured professor of Aerospace & Mechanical Engineering at the University of Southern California from 2005 to 2012, where his work focused on renewable energy technologies. He ventured into business in 2008 with a company in dye-sensitized solar cells and a 2009 startup producing lithium iron phosphate powder, experiences that led to the formation of Dragonfly Energy. Phares holds several patents crucial to fundamental battery cell manufacturing. The company went public through a merger with Chardan NexTech Acquisition 2 Corporation in October 2022.
Wade Seaburg, Chief Commercial Officer
Wade Seaburg was appointed Chief Commercial Officer in February 2025, after serving as Chief Revenue Officer since November 2022. He initially joined Dragonfly Energy as an outside contractor in December 2018, later becoming Director of Outside Sales and Business Development from June 2021 to October 2022. Before joining Dragonfly Energy, Mr. Seaburg founded and served as President of Structure Sales from May 2016 to May 2021, a company that represented industry-leading suppliers to OEMs in the RV and Marine markets. He also held various sales leadership positions at WESCO Distribution and Eaton Electrical.
Tyler Bourns, Chief Marketing Officer
Tyler Bourns has served as Chief Marketing Officer since November 2022. He joined Dragonfly in 2021 and previously held the role of Senior Vice President of Marketing for Legacy Dragonfly from December 2021 to October 2022. Prior to his time at Dragonfly Energy, Mr. Bourns was the owner and president of Bourns Productions Inc. for twelve years, a video production and marketing company specializing in content creation and strategy for various brands. He is a three-time Emmy Award winner, having produced content for brands such as Panasonic and GE Energy.
Nicole Harvey, Chief Legal Officer
Nicole Harvey was promoted to Chief Legal Officer in November 2022, having joined Dragonfly Energy in 2021. She brings over 14 years of legal and compliance experience from both public and private practice. Her previous roles include serving as senior counsel for the Corix Group of Companies and as a regulatory compliance manager for Harley-Davidson Financial Services.
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- Financial Viability and Liquidity: Dragonfly Energy faces significant financial challenges, including substantial doubt about its ability to continue as a going concern. The company is capital-intensive and requires additional financing, leading to significant outstanding debt and potential difficulties in meeting financial covenants. It has experienced negative profitability, substantial debt, and a persistent need for external capital, often resulting in dilutive public offerings that erode shareholder value.
- Market Demand and Macroeconomic Headwinds: The company's sales have been impacted by weaker demand from direct-to-consumer customers in its core recreational vehicle (RV) and marine markets, attributed to rising interest rates and inflation. Broader macroeconomic uncertainty, a volatile tariff environment, and customer project delays continue to pose significant challenges to revenue growth and profitability. Despite operating in a growing lithium-ion battery market, the company has struggled to translate revenue growth into positive earnings.
- Challenges in Developing and Commercializing New Battery Technology: Dragonfly Energy is investing in the development and commercialization of solid-state battery technology, which presents significant engineering challenges and financial risks. Delays or failures in these efforts could negatively impact the company's long-term growth prospects and its strategic expansion into areas like grid-connected battery energy storage.
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Dragonfly Energy (DFLI) is anticipated to drive future revenue growth over the next two to three years through several key initiatives:
- Expansion in OEM Partnerships: The company expects continued growth through its partnerships with Original Equipment Manufacturers (OEMs), particularly in the recreational vehicle (RV) and heavy-duty trucking sectors. Dragonfly Energy's integrated energy storage solutions are being adopted as standard equipment by major RV manufacturers, and the company has established a commercial deployment partnership in heavy-duty trucking.
- Commercialization of All-Solid-State-Battery Technology: A significant long-term driver is the development and large-scale deployment of Dragonfly Energy's proprietary and patented All-Solid-State-Battery technology. This technology is expected to facilitate cost reductions in lithium-ion battery production and enable the company to expand its market presence.
- Entry into New Markets: Dragonfly Energy has expanded its commercial footprint into new markets, including marine applications through a partnership with World Cat and the rail sector via a distribution partnership with National Railway Supply. The favorable regulatory environment for electric vehicle boats is also expected to enhance demand in the marine market.
- New Product Offerings and Technological Advancements: The company's focus on innovation and strategic partnerships, such as its collaboration with Airstream for advanced power systems, is poised to drive growth. Dragonfly Energy is capitalizing on industry trends towards premium features with its new product offerings. Additionally, the licensing of its proprietary technology has begun to contribute to revenue.
- Positive Revenue Growth Forecasts: Analysts project robust revenue growth for Dragonfly Energy. Forecasts indicate an annual revenue growth rate of 29.2% and 31.39% for 2026-2028, surpassing the average growth rates for the US Electrical Equipment & Parts industry and the broader US market.
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Share Issuance
- Dragonfly Energy raised approximately $90 million through three common stock offerings in the second half of 2025.
- The SPAC merger in October 2022 generated approximately $250 million in gross proceeds, which included $25 million in equity and the post-closing availability of a $150 million Chardan Equity Facility (ChEF).
- On October 16, 2025, the company priced an underwritten public offering of 36 million shares of common stock and pre-funded warrants for up to 5 million shares, generating gross proceeds of approximately $55.4 million.
Inbound Investments
- The business combination with Chardan NexTech Acquisition 2 Corp. in October 2022 included a $25 million equity investment, with a private strategic investment from THOR Industries.
- As part of the SPAC merger, a $75 million senior secured term loan facility was provided, led by Energy Impact Partners.
- In 2025, a debt restructuring involved the conversion of $25 million of debt into preferred stock.
Capital Expenditures
- In the third quarter of 2025, Dragonfly Energy reported capital expenditures of $187,000.
- A primary focus for capital allocation, utilizing proceeds from 2025 public offerings, is continued strategic investment in next-generation battery technologies, specifically scaling the dry electrode process and its application to solid-state batteries.
- Improved liquidity after 2025 capital raises is intended to enable increased investment in sales manpower and product development, particularly in oil and gas and trucking markets.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Dragonfly Energy Earnings Notes | 12/16/2025 | |
| Day 5 of Gains Streak for Dragonfly Energy Stock with 133% Return (vs. -76% YTD) [9/29/2025] | 09/30/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.90 |
| Mkt Cap | 0.5 |
| Rev LTM | 192 |
| Op Inc LTM | -7 |
| FCF LTM | -7 |
| FCF 3Y Avg | -3 |
| CFO LTM | -6 |
| CFO 3Y Avg | -2 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.0% |
| Rev Chg 3Y Avg | 0.8% |
| Rev Chg Q | 4.8% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | 10.9% |
| Op Inc Chg 3Y Avg | 18.0% |
| Op Mgn LTM | -20.3% |
| Op Mgn 3Y Avg | -13.2% |
| QoQ Delta Op Mgn LTM | 1.7% |
| CFO/Rev LTM | -17.9% |
| CFO/Rev 3Y Avg | -6.1% |
| FCF/Rev LTM | -19.2% |
| FCF/Rev 3Y Avg | -7.3% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Original equipment manufacturers (OEM) | 37 | 28 | 28 | ||
| Direct-to-consumers (DTC) | 21 | 23 | 37 | ||
| Other | 1 | 0 | 0 | ||
| Single Segment | 86 | 78 | |||
| Total | 59 | 51 | 64 | 86 | 78 |
| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Original equipment manufacturers (OEM) | 7 | 0 | -0 |
| Direct-to-consumers (DTC) | -1 | -0 | 6 |
| Other | -29 | -26 | -33 |
| Total | -23 | -26 | -27 |
| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Original equipment manufacturers (OEM) | 7 | 0 | -0 |
| Direct-to-consumers (DTC) | -1 | -0 | 6 |
| Other | -76 | -41 | -20 |
| Total | -70 | -41 | -14 |
Price Behavior
| Market Price | $1.91 | |
| First Trading Date | 08/24/2021 | |
| Distance from 52W High | -51.3% | |
| 50 Days | 200 Days | |
| DMA Price | ||
| DMA Trend | ||
| Distance from DMA | ||
| 3M | 1YR | |
| Volatility | 109.2% | 109.2% |
| Downside Capture | ||
| Upside Capture | ||
| Correlation (S&P 500) |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.83 | -0.42 | 2.75 | -0.58 | -1.31 | -1.17 |
| Up Beta | 12.02 | -1.79 | 0.15 | 4.26 | -0.67 | 1.42 |
| Down Beta | -3.37 | -8.78 | 3.35 | 5.07 | -4.47 | 0.86 |
| Up Capture | -228% | -114% | -71% | -28% | -11% | -1% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 3 | 3 | 3 | 3 | 3 | 3 |
| Down Capture | 664% | 361% | 285% | 146% | 85% | 50% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 12 | 12 | 12 | 12 | 12 | 12 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DFLI | |
|---|---|---|---|---|
| DFLI | -44.6% | 108.9% | -5.89 | - |
| Sector ETF (XLI) | 11.0% | 18.2% | 0.42 | 60.5% |
| Equity (SPY) | 12.7% | 13.7% | 0.62 | 67.8% |
| Gold (GLD) | 0.3% | 28.9% | 0.00 | 26.7% |
| Commodities (DBC) | 34.5% | 21.3% | 1.28 | -23.4% |
| Real Estate (VNQ) | 11.7% | 14.2% | 0.53 | 22.0% |
| Bitcoin (BTCUSD) | -27.7% | 43.5% | -0.63 | 32.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DFLI | |
|---|---|---|---|---|
| DFLI | -11.1% | 108.9% | -5.89 | - |
| Sector ETF (XLI) | 11.5% | 17.8% | 0.48 | 60.5% |
| Equity (SPY) | 11.6% | 17.3% | 0.50 | 67.8% |
| Gold (GLD) | 17.2% | 19.1% | 0.72 | 26.7% |
| Commodities (DBC) | 7.4% | 19.6% | 0.26 | -23.4% |
| Real Estate (VNQ) | 1.4% | 18.9% | -0.04 | 22.0% |
| Bitcoin (BTCUSD) | 3.4% | 51.5% | 0.25 | 32.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DFLI | |
|---|---|---|---|---|
| DFLI | -5.7% | 108.9% | -5.89 | - |
| Sector ETF (XLI) | 13.3% | 20.1% | 0.58 | 60.5% |
| Equity (SPY) | 15.2% | 18.0% | 0.71 | 67.8% |
| Gold (GLD) | 11.7% | 16.6% | 0.58 | 26.7% |
| Commodities (DBC) | 7.5% | 18.1% | 0.33 | -23.4% |
| Real Estate (VNQ) | 5.9% | 20.7% | 0.24 | 22.0% |
| Bitcoin (BTCUSD) | 59.5% | 66.3% | 0.99 | 32.9% |
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Earnings Returns History
Updated 10/8/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 12.8% | 11.1% | -6.8% |
| 5/14/2026 | -4.1% | 4.1% | -1.0% |
| 3/16/2026 | -21.9% | -29.1% | -29.8% |
| 11/14/2025 | -1.3% | -7.4% | -46.8% |
| 8/14/2025 | 16.5% | 10.9% | 4.5% |
| 5/15/2025 | -11.3% | -10.5% | -51.2% |
| 3/24/2025 | -10.8% | -24.6% | -60.8% |
| 11/14/2024 | -8.4% | -30.9% | -32.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 2 | 4 | 3 |
| # Negative | 13 | 11 | 12 |
| Median Positive | 14.7% | 7.5% | 14.0% |
| Median Negative | -10.8% | -10.6% | -23.9% |
| Max Positive | 16.5% | 11.1% | 73.7% |
| Max Negative | -29.3% | -30.9% | -60.8% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 12.8% | 11.1% | -6.8% |
| 5/14/2026 | -4.1% | 4.1% | -1.0% |
| 3/16/2026 | -21.9% | -29.1% | -29.8% |
| 11/14/2025 | -1.3% | -7.4% | -46.8% |
| 8/14/2025 | 16.5% | 10.9% | 4.5% |
| 5/15/2025 | -11.3% | -10.5% | -51.2% |
| 3/24/2025 | -10.8% | -24.6% | -60.8% |
| 11/14/2024 | -8.4% | -30.9% | -32.7% |
| 8/14/2024 | -9.7% | -9.7% | -13.4% |
| 5/14/2024 | -25.2% | -10.6% | -26.5% |
| 11/13/2023 | -22.1% | -10.3% | -21.2% |
| 8/21/2023 | -15.8% | -11.2% | -3.4% |
| 5/15/2023 | -1.4% | -2.4% | -12.9% |
| 3/29/2023 | -29.3% | -26.4% | 14.0% |
| 11/14/2022 | -1.7% | 3.3% | 73.7% |
| SUMMARY STATS | |||
| # Positive | 2 | 4 | 3 |
| # Negative | 13 | 11 | 12 |
| Median Positive | 14.7% | 7.5% | 14.0% |
| Median Negative | -10.8% | -10.6% | -23.9% |
| Max Positive | 16.5% | 11.1% | 73.7% |
| Max Negative | -29.3% | -30.9% | -60.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/30/2026 | 10-K |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/16/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/16/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/21/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 06/30/2022 | 09/16/2022 | 424B3 |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/30/2026 | 10-K |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/16/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/16/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/21/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 06/30/2022 | 09/16/2022 | 424B3 |
| 03/31/2022 | 06/17/2022 | S-4 |
Recent Forward Guidance
Updated 11/2/2026Latest: Q2 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Net Sales | Reported | 13.50 Mil | 2.3% | Higher New | Guidance: 13.20 Mil for Q2 2026 | |||
| Q3 2026 Adjusted EBITDA | Reported | -2.40 Mil | 26.3% | Lower New | Guidance: -1.90 Mil for Q2 2026 | |||
Prior: Q1 2026 Earnings Reported 5/14/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | Reported | 13.20 Mil | ||||||
| Q2 2026 Revenue Growth | Reported | 36.0% | ||||||
| Q2 2026 Adjusted EBITDA | Reported | -1.90 Mil | ||||||
| Q2 2026 Adjusted EBITDA Improvement | Reported | 2.70 Mil | ||||||
| 2026 Annualized Net Sales Run Rate | Reported | 70.00 Mil | ||||||
Q4 2025 Earnings Reported 3/16/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | Reported | 9.50 Mil | -26.9% | Lower New | Guidance: 13.00 Mil for Q4 2025 | |||
| Q1 2026 Adjusted EBITDA | Reported | -4.60 Mil | 39.4% | Lower New | Guidance: -3.30 Mil for Q4 2025 | |||
Q3 2025 Earnings Reported 11/14/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Net Sales | Reported | 13.00 Mil | ||||||
| Q4 2025 Net Sales Growth | Reported | 7.0% | ||||||
| Q4 2025 Adjusted EBITDA | Reported | -3.30 Mil | Lower New | Guidance: -2.70 Mil for Q3 2025 | ||||
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Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Electrical Components & Equipment Resources |
| EC&M (Electrical Construction & Maintenance) |
| Electrical Contracting News (ECN) |
| EE Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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