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Dragonfly Energy Q3 revenue dips to $12.2M; trucking sales double sequentially, Dakota Lithium acquisition boosts outlook

Company Fundamentals
12 Nov 2026, 23:05 WIB
GlobeNewsWire
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Neutral
Dragonfly Energy Q3 revenue dips to $12.2M; trucking sales double sequentially, Dakota Lithium acquisition boosts outlook

Dragonfly Energy reported $12.2 million in net sales for Q3 2026, down 23.8% year-over-year due to softness in the RV market and macroeconomic pressures. However, heavy-duty trucking revenue more than doubled sequentially to $1.3 million, driven by increased fleet adoption amid high diesel prices. The company completed its acquisition of Dakota Lithium, expecting inventory replenishment and revenue growth starting Q1 2027. Dragonfly projects Q4 net sales of about $12.5 million and adjusted EBITDA near breakeven, supported by trucking growth, Dakota Lithium integration, and cost reductions.

Dragonfly Energy's Q3 2026 results provide context for industrial sector activity. For readers following Industrials, here is Pluang's market snapshot as of Nov 13, 2026 04:11 WIB: out of 135 priced US Industrials stocks, 34 rose and 101 fell. Notable movers include SMR at USD 4.86 down 7.07% with a typical hold time of 35 days and Pluang order activity showing 7% Sell / 93% Buy, BYRN at USD 3.89 down 6.71%, and FCEL at USD 10.25 down 6.37% with 87% Buy orders.

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