Dragonfly Energy Holdings Corp. exceeded its guidance for preliminary third quarter 2025 net sales and adjusted EBITDA. Net sales reached $16.0 million, representing a 26% year-over-year growth. Adjusted EBITDA was $(2.2) million, above expectations of $(2.7) million. These results showcase continued growth and improvement in financial performance.

The company’s CEO, Dr. Denis Phares, highlighted the positive results, emphasizing the focus on revenue growth and strategic actions. Dragonfly Energy’s preliminary financial figures are subject to finalization and adjustment. Investors are advised to exercise caution and await the full financial statements prepared in accordance with GAAP.

A webcast discussing Dragonfly Energy’s third quarter 2025 results will be held on November 14th. The company, known for its Battle Born Batteries brand, specializes in lithium battery technology. Dragonfly Energy aims to lead in the industry with its innovative battery solutions, including solid-state battery cells.

Forward-looking statements in the press release outline the company’s intent, expectations, and market strategies. Risks and uncertainties could impact actual results, as detailed in the Company’s SEC filings. Non-GAAP financial measures, such as Adjusted EBITDA, are provided to aid investors in evaluating performance.

Adjusted EBITDA, a key measure for Dragonfly’s management, excludes certain GAAP amounts to assess operating performance and make strategic decisions. Limitations of Adjusted EBITDA include not reflecting cash expenditures or future capital requirements. Reconciliations of non-GAAP financial measures to GAAP measures are provided for transparency and clarity.

Read more at GlobeNewswire: Dragonfly Energy Announces Third Quarter 2025 Select