Dragonfly Energy Reports Q3 2026 Net Loss Amid Declining RV Market Demand
Dragonfly Energy (DFLI) reported third-quarter 2026 net sales of $12.2 million, a 23.8% decrease year-over-year, primarily driven by soft market conditions in the recreational vehicle (RV) industry. OEM net sales fell by 33.3%, while Direct-to-Consumer (DTC) sales saw a modest decline of 4.7%. Despite these headwinds, the company reported an improved net loss of $6.7 million compared to $11.1 million in the prior year period, aided by successful cost-reduction initiatives that lowered operating expenses. The company is seeing significant momentum in its trucking segment, with revenue more than doubling sequentially to $1.3 million. Management expects the Dakota Lithium brand to become accretive to adjusted EBITDA starting in Q1 2027. However, liquidity remains a concern as cash and cash equivalents dropped to $1.9 million from $18.3 million at the end of 2025, prompting leadership to signal potential future capital raises.
Tickers: $DFLI
Topics: adjusted EBITDA gross margin guidance net sales RV industry
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Part of the story Dragonfly Energy Reports Q3 2026 Net Loss Amid Declining RV Market Demand (3 articles)