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Draganfly (DPRO) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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$544.27M
RKLBRocket Lab USA$244.59M$104.81M
EHEHang$117.43M$61.73M
DPRODraganfly$6.55M$1.33M
KTOSKratos Defense & Security Solutions-$275.90M
LILMLilium-$-35.25K
EVEXEve--
ACHRArcher Aviation--
EVTLVertical Aerospace--

DPRO Revenue FAQ

What is Draganfly’s yearly revenue?

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.

What is Draganfly’s quarterly revenue?

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).

What is Draganfly’s revenue growth rate?

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%.

What are Draganfly’s revenue streams?

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

What is Draganfly’s main source of 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.