Draganfly (DPRO) Revenue & Revenue Breakdown


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Draganfly Revenue Highlights


Latest Revenue (Y)

$6.55M

Latest Revenue (Q)

$1.33M

Main Segment (Y)

Product Sales

Main Geography (Y)

Product Sales

Draganfly Revenue by Period


Draganfly Revenue by Year

DateRevenueChange
2023-12-31$6.55M-13.81%
2022-12-31$7.61M7.81%
2021-12-31$7.05M61.66%
2020-12-31$4.36M216.10%
2019-12-31$1.38M-0.47%
2018-12-31$1.39M-

Draganfly generated $6.55M in revenue during NA 2023, up -13.81% compared to the previous quarter, and up 472.59% compared to the same period a year ago.

Draganfly Revenue by Quarter

DateRevenueChange
2024-03-31$1.33M45.10%
2023-12-31$916.30K-57.14%
2023-09-30$2.14M12.58%
2023-06-30$1.90M18.58%
2023-03-31$1.60M21.86%
2022-12-31$1.31M-29.96%
2022-09-30$1.88M-20.84%
2022-06-30$2.37M15.92%
2022-03-31$2.04M25.03%
2021-12-31$1.64M-13.80%
2021-09-30$1.90M-4.28%
2021-06-30$1.98M28.72%
2021-03-31$1.54M3.62%
2020-12-31$1.49M2.21%
2020-09-30$1.45M56.92%
2020-06-30$926.54K86.41%
2020-03-31$497.06K1.13%
2019-12-31$491.52K9.00%
2019-09-30$450.94K55.64%
2019-06-30$289.74K95.46%
2019-03-31$148.23K-45.91%
2018-12-31$274.06K1.42%
2018-09-30$270.23K-

Draganfly generated $1.33M in revenue during Q1 2024, up 45.10% compared to the previous quarter, and up 101.17% compared to the same period a year ago.

Draganfly Revenue Breakdown


Draganfly Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21
Services$645.67K
Drone Service$1.30M
Product Sales$5.10M

Draganfly's latest annual revenue breakdown by segment (product or service), as of Dec 21: Product Sales (72.35%), Drone Service (18.50%), and Services (9.15%).

Draganfly Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21
Services$645.67K
Drone Service$1.30M
Product Sales$5.10M
CA Country$4.94M
US Country$2.07M

Draganfly's latest annual revenue breakdown by geography, as of Dec 21: Product Sales (36.29%), CA Country (35.11%), US Country (14.73%), Drone Service (9.28%), and Services (4.59%).

Draganfly Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LHXL3Harris$19.42B$5.29B
HEIHEICO$2.97B$992.25M
AXONAxon Enterprise$1.56B$504.10M
RKLBRocket Lab USA$244.59M$92.77M
EHEHang$117.43M$61.73M
DPRODraganfly$6.55M$1.33M
KTOSKratos Defense & Security Solutions-$277.20M
LILMLilium-$-35.25K
EVEXEve--
ACHRArcher Aviation--
EVTLVertical Aerospace--

DPRO Revenue FAQ


Draganfly's yearly revenue for 2023 was $6.55M, representing a decrease of -13.81% compared to 2022. The company's yearly revenue for 2022 was $7.61M, representing an increase of 7.81% compared to 2021. DPRO's yearly revenue for 2021 was $7.05M, representing an increase of 61.66% compared to 2020.

Draganfly's quarterly revenue for Q1 2024 was $1.33M, a 45.10% increase from the previous quarter (Q4 2023), and a -16.98% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $916.3K, a -57.14% decrease from the previous quarter (Q3 2023), and a -30.27% decrease year-over-year (Q4 2022). DPRO's quarterly revenue for Q3 2023 was $2.14M, a 12.58% increase from the previous quarter (Q2 2023), and a 13.95% increase year-over-year (Q3 2022).

Draganfly's revenue growth rate for the last 3 years (2021-2023) was -7.07%, and for the last 5 years (2019-2023) was 374.84%.

Draganfly's revenue streams in c 21 are Services, Drone Service, and Product Sales. Services generated $645.67K in revenue, accounting 9.15% of the company's total revenue Drone Service generated $1.3M in revenue, accounting 18.50% of the company's total revenue Product Sales generated $5.1M in revenue, accounting 72.35% of the company's total revenue

For the fiscal year ending Dec 21, the largest source of revenue of Draganfly was Product Sales. This segment made a revenue of $5.1M, representing 72.35% of the company's total revenue.